AML Sanctions Manager Senior – Third-Party Risk Management
| Company | PNC Financial Services |
|---|---|
| Location | Cleveland, OH, USA, Tampa, FL, USA, Raleigh, NC, USA, Pittsburgh, PA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- Sound understanding of BSA/AML regulations either through practical experience in core BSA/AML operational functions or a governance role
- Certifications such as the Certified Anti-Money Specialist (CAMS) and or other recognized programs are a plus
- University/college degree
- Higher level education such as a Masters degree, PhD, or certifications is desirable
- Industry experience typically 8+ years
- At least 5 years of prior management experience is typically required
Responsibilities
- Liaison with the Advisors, KYC Office, and 1LOD AML for all matters related to Third Party risk management
- Monitor and review regulatory changes or guidance related to Third Party risk management for program impacts
- Provide periodic updates to AML senior leadership on Third Party risk management processes and Issues
- Liaise with AML Policy Governance and KYC Office to recommend and review changes to BSA/AML, CFT, and Sanctions Program Policy
- Review and update Third Party AML Risk Management Procedure annually
- Create initial and ongoing horizontal Third-Party Risk Assessment
- Develop and report metrics to be included in QRR (vendors and customers)
- Maintain the AML third party inventory
- Monitor and report past due OpenPages monitoring events
- Review/oversee customer contracts to ensure AML minimum standards are included
- Liaison between ETPM and AML for questions and issues related to the ETPM process
- Identify vendor engagements that were reviewed by 1LOD and assign them to Advisors for the monitoring activity
- Complete ETPM review of engagements owned by BSA/AML/Sanctions during onboarding and ongoing monitoring
- Work with ETPM to ensure an annual review is trigged for engagements with high AML risk
- Track vendor findings identified by 2LOD during the monitoring activity and coordinate escalation
- Review ETPM Scorecard data for vendor performance and escalate any concerns identified
Preferred Qualifications
- Compliance Reporting
- Customer Risk
- Decision Making
- Regulatory Requirements
- Risk Assessments
- Risk Control
- Strategic Objectives
- Anti-money Laundering/Sanctions Policies and Procedures
- Audit And Compliance Function
- Fraud Management
- Internal Controls
- Problem Solving