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)
Spruce Street Consulting LLC is Pennsylvania’s premier political compliance firm. Our firm is committed to supporting progressive causes and candidates nation-wide. This position will report to the Principal and/or Compliance Director.
Salary range: $70,000-$90,000/annually generous benefits package and professional development opportunities. DOE
Responsibilities
· Manage the day-to-day operations and financial activity for clients
· Oversee income recordkeeping into compliance database and accounting file
· Process disbursements and track outstanding invoices
· Process client payroll
· Assist Compliance Director in managing client’s budget and track cash flow
· On-boarding and off-boarding client staff
· Track and process 1099s
· Maintain compliance with GAAP
· Perform bank and compliance software reconciliations
· Oversee compliance correspondence
· Assist Compliance Director with client procurement and maintaining vendor relationships
· Assist providing financial reports to clients
· Prepare and file federal and non-federal campaign finance reports
Experience and Skills
· 3-5 years of experience work with political or non-profit organizations
· At least one year of experience with non-profit and/or campaign finance compliance
· Strong attention to detail and organized
· Moderate to advance experience with Excel, Google Business Suite, and Dropbox
· Ability to manage multiple projects at once and meet strict deadlines
· Ability to work evenings and weekends to meet deadlines
· Willingness to take initiative
· Bookkeeping experience
· Previous experience with Quickbooks Online (preferred)
· Bachelor’s degree
· Commitment to supporting progressive causes
· Commitment to working within a diverse and inclusive work space
· A background check will be conducted after a conditional offer of employment has been made to a candidate
Spruce Street Consulting LLC is an equal opportunity employer and committed to diversity, equity, and inclusion among its staff. The firm strongly encourages candidates from diverse backgrounds to apply and will hire based on qualifications of the candidate without regard to race, religion, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, and military or veteran status.
\n0 Compliance Manager (Banking) jobs found in Bowie, MD area