Job Title: BSA/AML Regulatory Issue Verification Auditor
Location: NYC (Preferred) | Baltimore, MD | Remote (Hybrid Onsite Model)
Duration: 12 Months
Experience Required: 10+ Years
Role Overview
We are seeking experienced BSA/AML Regulatory Auditors with strong expertise in Regulatory Issue Verification and Audit Closure Testing within large U.S. banks or international financial institutions.
The ideal candidate will have extensive experience performing design and operational effectiveness testing of remediation actions tied to Federal Reserve (Fed) and OCC regulatory findings, along with deep subject matter expertise in BSA/AML controls.
This role requires strong regulatory acumen, audit rigor, and direct interaction with senior management and action plan owners.
Key Responsibilities
1. Regulatory Issue Verification
Oversee closure verification testing performed by junior auditors.
Perform independent design and operational effectiveness testing of Fed/OCC issue remediation actions.
Assess adequacy of management’s remediation documentation.
Validate that action plans meet regulatory expectations and internal control standards.
2. BSA/AML Controls Testing
Evaluate suspicious activity monitoring controls including:
Automated monitoring systems
Case management platforms
Transaction alert generation and disposition
SAR reporting processes
Assess AML risk typologies and financial crimes investigations.
Review policies, procedures, and governance frameworks.
3. Customer Due Diligence (CDD) & EDD Testing
Evaluate customer onboarding workflows.
Review customer risk ranking methodologies.
Assess CIP/CDD/EDD regulatory compliance.
Test periodic reviews and ongoing monitoring controls.
Validate program governance alignment with regulatory standards.
4. Stakeholder Interaction
Interact directly with management action owners.
Provide findings and feedback on remediation effectiveness.
Support regulatory readiness and audit defensibility.
Required Skillsets
10+ years of regulatory audit experience within:
Large U.S. Banks (e.g., JPMorgan, Morgan Stanley, Citi)
International Financial Institutions (e.g., HSBC, Barclays, UBS, Deutsche Bank)
Advanced understanding of:
Audit issue verification techniques
Fed and OCC regulatory expectations
Deep knowledge of BSA/AML frameworks and controls.
Strong documentation review and control testing skills.
Experience supervising or overseeing junior auditors.
Core Competencies
Regulatory Audit & Issue Verification
BSA/AML Control Testing
Fed/OCC Remediation Validation
Suspicious Activity Monitoring & SAR Oversight
Customer Due Diligence (CDD/EDD)
Regulatory Compliance Governance
Work Model
NYC preferred (Hybrid Onsite)
Baltimore secondary
Remote considered (Hybrid expectation may apply)
Thanks & Regards
Ishita Bali
Novia Infotech LLC
4421 Avenida Ln, McKinney, TX 75070
Email: ishita.b@noviainfotech.com
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