Deputy BSA/AML Director

Job description

Risk Services partners with UMB management and its obligation to effectively manage compliance and related risks within the UMB family of corporations. This team provides timely, accurate, and seasoned judgment related to regulatory compliance risk, suggests strategies for mitigating risk, promotes a strong culture of compliance, and fulfills regulatory expectations of administering effective compliance monitoring and other mandated programs. As the Deputy Director of BSA/AML (Deputy Director), you will support the Deputy Chief Risk Officer/Director of BSA/AML’s efforts to establish and oversee an effective, risk-based Bank Secrecy Act and Anti-Money Laundering (BSA/AML) and sanctions compliance program. How you’ll spend your time: - You will be responsible for overseeing the establishment of policies and procedures within the department to facilitate the execution of the program. - You will guide the bank’s sanctions compliance program and any required blocking reports to ensure monitoring and reporting are happening in a timely manner. - You will design, develop, implement, and administer an effective fraud risk management program for the second line of defense, including risk as...