Senior AML Sanctions Analyst

Role Overview

• Assists in analyzing the implementation of enterprise wide and business unit Anti-Money Laundering (AML) and Sanctions Programs to prevent illegal, unethical, or improper business practices.
• Assists in the execution and oversight of activities to comply with the Bank Secrecy Act, AML, USA PATRIOT ACT and Sanctions Program requirements.
• Developing ability to constructively challenge conclusions/status quo.
• Update AML and Sanctions policies and procedures as needed.
• Ensure that Compliance Manuals, Front Office Manuals, policies and procedures accurately reflect current laws, rules, other regulatory requirements and management intent.
• Independently challenges analyses, reviews and recommendations.
• Identify and define the AML and Sanctions objectives for assigned line(s) of business, products/services and applicable regulations.
• Communicate and socialize those objectives (from a leadership position) to the business.
• Coordinate AML and Sanctions compliance monitoring and oversee preparation of compliance reports.
• May serve as a resource regarding AML and Sanctions compliance impact on overall business activities, product development and customer activities.
• Collects information and provides input used to prepare AML and Sanctions compliance reports and/or customer risk profiles.
• Identifies issues, recommends corrective action plans and escalates through proper governance channels as needed.
• Analyzes assessments of AML and Sanctions risk and internal controls.
• Researches AML and Sanctions regulatory developments.
• Understands impact of regulatory developments and begins to anticipate steps required to change or calibrate AML and Sanctions internal controls and policies.
• Supports key business initiatives by identifying AML and Sanctions Compliance risks and providing resolutions to manage these risks.

Requirements

• Preferred Skills: Compliance Reporting, Customer Risk, Decision Making, Regulatory Requirements, Risk Assessments, Risk Control, Strategic Objectives
• Competencies: Accuracy and Attention to Detail, Anti-money Laundering/Sanctions Policies and Procedures, Audit And Compliance Function, Fraud Management, Internal Controls, Problem Solving, Quality Management
• Work Experience: Roles at this level typically require a university / college degree with < 1 year of professional experience and/or successful completion of a formal development program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
• Education: Bachelors
• Certifications: No Required Certification(s)
• Licenses: No Required License(s)

Benefits

• medical/prescription drug coverage (with a Health Savings Account feature)
• dental and vision options
• employee and spouse/child life insurance
• short and long-term disability protection
• 401(k) with PNC match
• pension and stock purchase plans
• dependent care reimbursement account
• back-up child/elder care
• adoption, surrogacy, and doula reimbursement
• educational assistance, including select programs fully paid
• a robust wellness program with financial incentives
• maternity and/or parental leave
• up to 11 paid holidays each year
• 9 occasional absence days each year, unless otherwise required by law
• between 15 to 25 vacation days each year, depending on career level; and years of service