Infinity Consulting Solution is a staffing and recruiting company that connects talented people to the businesses who need them. It specializes in recruiting staff from the following departments: IT, accounts, compliance and legal, human resource, and customer service. It has other offices in Denver, Dallas, Chicago, Minneapolis, Florida, Houston, Columbus, and Delaware. It was established in 2001 and its headquarters placed in New York. The company offers the following services: contract placement, permanent placement, temporary to permanent placement, and payroll services collaboration. Its mission is to make long-term relationships by matching the right people with proper workplaces. It offers the following job opportunities: data and operation analysts, system analysts, financial crime consultant, project coordinator, risk investigators, and reporting analysts. Employees get the following benefits: paid vacations, sick leave, insurance benefits, and retirement plans.
VP, Head of FCC Risk Assessment
The candidate who takes this role will be responsible for overseeing the BSA/AML and OFAC/Sanctions risk assessment process. They will work with the BSA Officer in the development of an end-to-end risk assessment process to analyze the financial crimes risks throughout the institution. Additionally, the incumbent will collaboratively work across relevant lines of business and within FCC sub-units to achieve goals.
Acting as primary liaison on BSA/AML and OFAC/Sanctions risk assessment process, and partnering with the FCC sub-units, lines of business heads, Bank technology and other Bank risk functions (i.e. ERM, Consumer Compliance) to ensure the successful execution of BSA/AML and OFAC/Sanctions risk assessments.
Overseeing the development and deployment of a robust risk assessment methodology, communications to impacted teams, relevant metrics, and final risk assessment reports and supporting documentation.
Overseeing and monitoring all applicable FCC-related risks within the FCC Department and relevant lines of business.
Overseeing and monitoring risk assessment work streams to ensure various milestones and target dates are achieved.
Coordinating meetings with stakeholders to review project status and potential risks. Representing FCC in status update meetings with Board of Directors, senior management and other stakeholders.
Performing a post implementation review (as needed) to identify areas for improvement and implement identified recommendations into future risk assessments.
Recommending improvements to the FCC risk assessment process by identifying process efficiency gains and presenting solutions to FCC management.
Assisting with the coordination of responses to internal auditors and external regulators as part of coordinated examinations.
Interacting with State and Federal Regulatory Agencies, numerous risk and executive management, lines of business, and support organizations such as Internal Audit and Legal on an ongoing and regular basis.
Skills And Qualifications
Minimum 5 years of experience in banking compliance, with a strong emphasis on BSA/AML regulations and requirements preferred.
An undergraduate degree is required and a professional certification is a plus. CAMS certification is preferred, but can be obtained at a later date (within 6-9 months of hire).
Ability to interact with all levels of management, including the Board of Directors.
Ability to manage resources and competing priorities, and strong problem-solving skills.
Excellent verbal, written, and interpersonal communication skills.
A team player able to work effectively in a team-fostered, multi-tasking environment.