Compliance Director (Banking) manages 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. Implements oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Compliance Director (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 Director (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 Director (Banking) typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compliance Director (Banking) typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Plans, coordinates, and manages the daily operations of the Utilities Department Regulatory Compliance Line of Business Operations.
Work is typically performed in an office environment; occasional examination of field sites requiring the ability to navigate across even and uneven surfaces.
Light physical work involving motor skills when utilizing computer or other instruments; requires work with standard office equipment and files; required to operate a vehicle; strong verbal and auditory abilities; visual acuity to review documents, hand written records and typed documents.
Required emergency call back and extended hours when necessary; periodic out-of-town travel required. Regular attendance is an essential function of this job to ensure continuity of services. Position is subject to drug testing in accordance with applicable State and Federal regulations and City of Las Cruces policies.
Bachelor's Degree in Civil Engineering, Environmental Engineering, Environmental Sciences or directly-related field PLUS five years experience in utility engineering/project management and environmental management, which includes two years in a supervisory or project lead/management position. A combination of education, experience, and training may be applied in accordance with City of Las Cruces policy.
LICENSES/CERTIFICATIONS
Valid driver’s license is required. Position requires an acceptable driving record in accordance with City policy. Water or Wastewater Level IV Certification and/or Registered Professional Engineer (PE) license may be preferred.
Comprehensive knowledge of: Rule-making and legislative processes; environmental management and regulatory practices and compliance; requirements associated with environmental laws; federal and state regulations that apply to municipal utility operations in New Mexico; biological and physical sciences or environmental engineering; principles and practices of administrative management; principles and practices of effective employee supervision; accounting principles and government finance; public sector organization, operations, policies and procedures; project management and contract management as applied to the design, construction, and maintenance of environmental facilities; occupational and environmental safety and health hazards and safety practices; principles of records management; City organization, operations, policies and procedures.
Ability to: Apply established mathematical and statistical techniques to analyze data in practical situations; define problems dealing with several abstract and concrete variables; collect and interpret various data, draw conclusions and initiate actions; communicate effectively, both orally and in writing; clearly document activities for compliance and environmental records; write technically-oriented reports and correspondence clearly and concisely; evaluate technical engineering and statistical data in order to arrive at a valid conclusion; read construction designs and plans; establish and maintain effective working relations with City staff and external customers; work independently and in teams.
Skills in: Operating a personal computer with various installed software applications.