Bank in Midtown, Manhattan is seeking multiple BSA/AML Associates for temporary-to-permanent positions!

Responsibilities :

• Ensure compliance with relevant regulations, such as the Bank Secrecy Act (BSA), USA PATRIOT Act, and other anti-money laundering (AML) and counter-terrorist financing (CTF) laws and regulations.
• Manage the day-to-day operations of the transaction monitoring team, ensuring accurate and timely review of suspicious activity alerts.
• Develop and maintain comprehensive procedures and desktop procedures for transaction monitoring and fraud escalation processes, ensuring consistency and adherence to best practices.
• Continuously enhance the efficiency and effectiveness of the transaction monitoring and fraud escalation processes through process optimization, automation, and the adoption of new technologies and tools.
• Develop, implement, and maintain transaction monitoring strategies, rules, and scenarios to detect potential money laundering, terrorist financing, and other financial crimes.
• Oversee the fraud escalation process, ensuring proper investigation and resolution of fraud cases.

Qualifications:

• Bachelor's Degree
• 2+ years experience working with BSA, AML, and OFAC
• CAMS is preferred
• Prior managerial experience and the ability to lead