DIRECTOR OF COMPLIANCE NetSpend
THIS JOB HAS EXPIRED DESCRIPTION
The Director of Compliance will be responsible for providing expertise and administrative oversight of prepaid and financial regulatory compliance related to the Bank Secrecy Act, USA PATRIOT Act and anti-money laundering practices. The position is responsible for day-to-day management of a team of AML analysts and interaction with Compliance, Legal, and other business groups to ensure policy and practice meet regulatory obligations and industry best practice.
Provide leadership to the team of AML analysts to promote best practices, efficiency, and adherence to policy and regulations.
Oversee the AML monitoring software to determine appropriate rule sets, metrics, and performance expectations of AML analysts.
Ensure SAR and CTR filings are performed on time and of a high quality.
Work closely with cross-functional team to update customer identification policy, procedures, and technology to prevent abuse of the system.
Manage and or develop appropriate compliance training of employees and delegate agents.
Oversee ongoing OFAC monitoring, investigation, and reporting.
Develop and or refresh OFAC risk assessment, policy, and procedures annually or as needed.
Interact with issuing bank compliance teams to align practices and provide required reporting
Participate with Compliance management in ongoing risk assessment and controls development.
Develops strategic and tactical plans to respond to a changing regulatory environment.
Review and test the adequacy of the AML compliance control environment and make recommendations as necessary.
Assist in responding to audits and informational requests by regulatory authorities.
Perform other duties as needed to support the overall Compliance goals of the business.
Prefer at least a bachelor?s degree
5+ years of Anti-Money Laundering (AML) management , preferably in the prepaid industry
Broad knowledge of Federal and State regulations for banking products, prepaid programs, and financial services.
Ability to communicate regulatory compliance issues to associates via scheduled meetings.
Organized and detail-oriented, able to work well under deadlines in a changing environment and perform multiple tasks effectively and concurrently.
Excellent leadership, project management and mentoring skills.
Ability to accomplish goals through influence management and motivation.
Excellent communication skills, both verbal and written, with strong analytical and problem-solving skills
Prefer CAMS and CRCM Certifications
As provided in NetSpend's Background Check policy, eligible candidates may be subject to drug, criminal history, and credit checks, which will be conducted and used in accordance with applicable local, state, and federal laws
||P.O. Box 2136 |
Austin, TX 78768
THIS JOB HAS EXPIRED