Large Global bank seeks a Vice President of AML/Compliance Audit to work in Regulatory and Compliance Audit group. Position will play a key role in managing audits and building relationships with management and staff to successfully perform audit and compliance functions.
Description of Role: • Manage audits for BSA/AML/ Corporate Compliance throughout the organization (including compliance risks within the business units / other corporate functions), ensuring all accordance with department and professional standards • Perform annual risk assessment and developing audit strategy, audit plan and audit scopes • Support and improve the development of compliance audit test procedures and processes • Working with key compliance and audit management in planning, conducting the audit and providing recommendations including monitoring the area • Communicate and Interact with regulators • Identify and evaluate areas of risk, and whether the related controls are operating efficiently. Provide recommendations for change when appropriate. • Build productive relationships with management and key contacts within the business and internal audit team • Deliver quality audit reports within required deadlines.
Qualifications: • Bachelor's degree in Accounting, Finance or related area • A thorough understanding of Bank regulations, risks analysis, and adequate controls • Experience and/or strong knowledge of BSA/AML/Sanctions requirements • Background in communicating with Regulators; experience in working with foreign regulators would be a plus • 7+ years audit experience, preferably in the Financial Services • Masters and/or professional certification such as CPA, CIA, or CAMS preferred. • Excellent analytical, planning and organizational skills • Strong verbal and written communication skills and interpersonal skills • 15-20% travel