The Bancorp Bank

Payment Acceptance AML Monitoring Specialist - CAMS, ACAMS

Job Location US-DE-Wilmington
Remote position
No
Type
Regular Full-Time

Overview

Oversee and manage the Payment Acceptance business line’s (AML) Anti-Money Laundering detection and prevention efforts including transaction monitoring, investigations, unusual activity reporting and departmental AML training. Assist in the execution of business strategy and act as a member of the Payment Acceptance leadership team.

Responsibilities

  1. Work closely with the department executive team to review current transaction monitoring criteria. Identify enhancements to monitoring and reporting to effectuate improved oversight and controls. Collaborate to execute upon areas of improvement and incorporate formally into departmental policy.
  2. Investigate potentially suspicious transactions and case and determine the nature and cause of triggers.
  3. Work with Financial Crimes Risk Management department to submit unusual activity for SAR filing consideration.
  4. Continually assess Payment Acceptance activities, perform research, and make recommendations for enhancements to BSA/AML policies, procedures, processes and departmental training.
  5. Act as a member of the Payment Acceptance leadership team. Participate in meetings to discuss and implement strategies, initiatives and short and long-term planning for the department.
  6. Lead other related initiatives as assigned.

Qualifications

 

Education/Experience:

  • An undergraduate degree in business or a related field
  • Relevant professional certification required. Examples include: CAMS – Certified Anti-Money Laundering Specialist, ACAMS – Association of Certified Anti-Money Laundering Specialists.
  • A minimum of 5 years’ experience, with at least 3 in a leadership role, focusing on BSA/AML functions such as fraud, surveillance, sanctions, KYC/CDD/EDD, and investigations.

Other Qualifications:

  • Demonstrated AML and BSA regulatory compliance subject matter expertise.
  • Business leadership skills with a demonstrated ability to execute complex projects.
  • Ability to quickly grasp and understand business unit specific BSA/AML risks and provide recommendations for strengthening department activities.
  • Capacity to manage multiple priorities in a fast-paced environment.
  • Excellent verbal, written, and interpersonal communication skills
  • A team player able to work effectively in a team fostered, multi-tasking environment

 

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