Primary responsibilities include: (click here for full details)
Monitoring: Regular reviews of client files to ensure compliance with USA Patriot Act/Bank Secrecy Act customer identification requirements; coordinate account transaction monitoring activities; review of exception reports.
Regulatory Filings: File annual renewals for Branch and Rep Offices. Prepare and file various Fed reports: SARs; FR Y-10; Y-7n and FBAR
Regulatory relations: Manage examinations and regulatory inquiries
OFAC: Manage OFAC compliance
Policies and Procedures Manuals: Maintain and update Branch compliance manuals as needed (Code of Conduct, AML Procedures and Compliance Regulatory manuals).
Branch Management: Support all major Branch committee activities.
New Product Development Commitee: Coordinate new product committee activities, develop new product descriptions being proposed for Branch. Knowledge of capital markets products: swaps, FX, money markets.
Conflict Policy: Expertise in conflict management related to Branch lending.
Training: Ensure staff is trained on pertinent laws/regulatios on a regular basis. Maintain compliance training log.
Keep up to date with relevant regulations and laws that affect US business.
(click here for full details)
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