Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 14,6 milion of retail customers through a network of 5360 branches, it significantly supports the development of Companies and gives an important sustain to the country’s growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,000 branches and 7.2 million customers in 12 countries. Intesa Sanpaolo is also present in 25 countries in support of its corporate customers’ cross-border business. It is looking for new qualified profiles who want to face demanding and challenging career path with the following requirements:
Scope and Purpose
- Under direction of the ISPNY AFC Head of Transaction Monitoring will implement and maintain BSA/AML transaction monitoring processes, in compliance with BSA, USA PATRIOT Act, and industry AML laws and regulations as appropriate,
- Provide guidance and supervise day-to-day work and overall performance of the FIU Analysts and Investigators to ensure compliance with ISPNY transaction monitoring procedures, FIU Analyst and Investigator manuals and other FIU governing documents;
- Assignment and redistribution of workload for alerts and cases, manual reviews, and processes performed by the FIU Team;
- Review cases and recommendations made by FIU Investigators;
Scope and Purpose
- Review and update draft Suspicious Activity Reports (“SARs”) prepared by FIU Investigators, and submit SARs to the ISPNY Chief Compliance Officer (“CCO”) and ISPNY AFC Head of Transaction Monitoring for approval, and ultimately file SARs with the Financial Crimes Enforcement Network (“FinCEN”);
- Act as a second level review for FIU Investigators for FinCEN’s 314(a)/(b) and other information sharing requests, and report them to FinCEN and other regulatory bodies as appropriate;
- Keep abreast of the new regulations issued by the U.S. regulators or agencies (e.g., Federal Reserve Bank, New York State Department of Financial Services and FinCEN), as well as updates to FinCEN 311 Special Measures with subsequent assignments to FIU Investigators for transactional reviews and other steps as appropriate when there is a new FinCEN 311 Special Measures designation;
- Support the TM system periodic tuning through analysis of scenarios and User Acceptance Testing (“UAT”);
- Participate in relevant projects, including system upgrades and implementation of new systems for FIU;
- Monitor trends and FIU performance through analysis of MIS and identify areas of training for the FIU Team, including through coordination with the QA Officer;
- Gather information requested by Internal Audit and Examiners/validators and follow-up on action plans as appropriate;
- Prepare presentations to senior management;
- Periodically assess the adequacy of FIU procedures, manuals, processes, and controls, with ongoing updates and amendments incorporated as appropriate.
The salary range for this job offer would be $ 90,000- $120,000
Required Experience
- Degree from an accredited education institution or related working experience;
- Minimum five (5) years in Compliance related matters with knowledge of BSA/AML/OFAC laws/regulations;
- Minimum four (4) years of professional experience in monitoring and analysing customer accounts for suspicious activity; and
- Minimum five (5) years of experience in banking industry, preferably Compliance and Operations.
- ACAMS Certification, a plus
Required Qualifications, Skills and Knowledge
- Strong knowledge of Bank Secrecy Act (“BSA”) / Anti Money Laundering (“AML”) / Office of the Foreign Assets Control (“OFAC”) laws and regulations;
- Knowledge of funds transfer, check processing and trade finance activity;
- Strong written / verbal and organizational skills;
- Ability to work under pressure;
- Microsoft Office proficient (Word and Excel).
Everyone is an asset for our Group and that person could be you! Check out our job opportunities, apply and join our team!