Compliance Manager (Banking) supervises daily operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations as defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Compliance Manager (Banking) monitors activity and ensures adherence to Know your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Additionally, Compliance Manager (Banking) maintains extensive knowledge of financial regulations, risk management best practices, and changing fraudulent trends to develop and implement appropriate compliance procedures. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a director. The Compliance Manager (Banking) supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Compliance Manager (Banking) typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
About Us
SANFORD headquartered in Stafford, VA., is a Service-Disabled VeteranOwned Small Business that provides federal professional services, primarily engaged in providing advanced information technology, cyber security, management systems support, as well as business and infrastructure management services.
We are among the most innovative, respected, and ethical providers of technology solutions to the United States government. Our mission is to provide superior-quality, innovative, information technology solutions that help federal agencies best aid, serve, and protect the American people.
Why Collaborate with Sanford Federal, Inc.?
You can take pride in working with a company dedicated to serving our government by providing the best, most cost-effective solutions for the US
Government. Our work helps the US Government secure our nation, support the efforts of our military and intelligence communities, and provide lifesaving medical services to our soldiers, vets, and their families.
Position Title: Compliance Manager
Qualifications: must have, at minimum, a bachelor’s degree.
Experience:
Responsibilities: The Compliance Manager is a critical role responsible for ensuring the accuracy and successful daily Pivot processing for submissions of all NFIP Direct policies and claims, while actively addressing and rectifying noncompliance issues.
Key Responsibilities:
Qualities and Skills:
Education:
This role offers an exciting opportunity for an experienced Compliance Manager to play a pivotal role in ensuring the accuracy and compliance of NFIP Direct's policies and claims processing. If you meet the qualifications and have a background in compliance management, we encourage you to apply and contribute to our commitment to operational excellence.
Job Types: Full-time, Part-time
Work Location: In person