MANAGER FINANCIAL INTEL
WHAT IS THE OPPORTUNITY?
The Manager Financial Intel is responsible for leading a team of Analysts charged with the responsibility of performing due diligence and enhanced due diligence and reporting potential suspicious money laundering or terrorist financing activity in our Know Your Client Department. The individual develops, maintains and continues to enhance comprehensive investigative due diligence processes that capture all available information on High Risk Clients that can be summarized into a report for dissemination to our business partners. The manager is to be familiar with bank products, services, higher risk clients, business entities, geographic locations and the potential money laundering risks associated with those activities. This position will oversee all aspects of a compliant Bank Secrecy Act (BSA) investigations program.
Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National’s Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
WHAT WILL YOU DO?
- Manage analyst team responsible for performing timely investigations with well-reasoned and supported decision making
- Ensures BSA, USA PATRIOT ACT, and CNB compliance and oversight as it relates to:
- Conduct research over available Bank systems, the internet and databases consistent with the resolution of investigations.
- Obtain the appropriate documentation to assist in identifying unusual transaction patterns.
- Document and report the investigation findings in the case management system and prepare reports to management as required.
- Review recommendations for Suspicious Activity Reports (SARs).
- Identifies and recommends enhancements to workflow inefficiencies.
- Maintains, updates, and ensures adherence to policies and procedures.
- Conducts regularly scheduled analyst training.
- Serves as subject matter expert on BSA/AML related questions and provides guidance and leadership to the Analysts.
- Communicates directly with branch personnel and department managers, internal audit department as appropriate
- Responsible for communicating with internal and external entities to include senior managers, relationship managers and other BSA-related units.
- Conduct quality assurance reviews of case files, tracking logs and various KYC/EDD processes.
Division Specification
Banking & Invest Services
- The Manager Financial Intel within Banking and Investment Services is responsible for leading a team of Analysts charged with the responsibility of performing enhanced due diligence on commercial loan borrowers and due diligence on prospect clients. Responsible for planning, controlling and directing operational compliance functions and its staff on compliance related activities and serves as subject matter expert and liaison on cross-functional task forces and project teams. The individual develops, maintains and continues to enhance comprehensive investigative due diligence processes. The manager is to be familiar with bank products, services, KYC requirements, high risk clients, business entities, geographic locations and the potential money laundering risks associated with those activities. This position will oversee all aspects of a compliant Bank Secrecy Act (BSA) investigations program.
WHAT DO YOU NEED TO SUCCEED
Must-Have*
- Bachelor’s Degree business/ related discipline
- Minimum of 10 years’ experience in Banking Services, Quality Assurance, Audit or Operations
- Minimum of 5 years supervisory experience
- Minimum of 5 years of experience with strong exposure to KYC/AML/CDD/EDD or due diligence teams
Skills and Knowledge
- Bachelor’s degree in business/ related discipline or equivalent work/training required, professional qualification in KYC / AML such as CAMS is a big plus
- Thorough knowledge of BSA and USA PATRIOT Acts
- Experience working within the investment management/ financial service/ auditing/compliance/ consulting industry with a strong exposure to KYC/ AML/ CDD/ EDD
- Strong interpersonal skills with the ability to interact with all levels of staff and Senior Management
- Outstanding analytical skills with the ability to understand business functions and processes swiftly
- Ability to be flexible, follow tight deadlines, organize and prioritize work and deliver results quickly
- Exceptional communication, conflict management and negotiation skills;
- Highly independent. motivated, team player, self- starter and able to work independently
Compensation
Starting base salary: $92,114 – $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we’ve always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled