Queens Branch-BSA Associate

Job description

Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview: This position will assist managing all BSA/AML/OFAC activities in the Branch and directly reports to the Branch BSA Officer. The incumbent understands government regulations with particular emphasis on the Bank Secrecy Act, USA Patriot Act, Anti-Money Laundering Act (“AMLA”), Counter-Terrorism Financing (“CTF”), OFAC and other sanctions compliance to ensure that the Branch’s compliance efforts are maintained pursuant to industry standard and regulatory guidance on a daily basis. The incumbent assists the Branch BSA Officer in implementing process necessary to comply with relevant regulations, perform regulatory research in response to Branch compliance inquiries, projects while communicating with the Branch BSA Officer, as well...