Complex Client Due Diligence, Transaction Banking Financial Crimes Risk, Associate, Dallas

HOW YOU WILL FULFILL YOUR POTENTIAL

As part of TxB’s global financial crime risk team, you will be responsible for supporting the execution of the Bank’s client risk management program. Your key activities will include performing complex diligence at the inception of a client relationship, managing ongoing engagement with clients to address identified transactional anomalies and other actionable events, reviewing the client portfolio to identify key changes in risk profiles, as well as managing other effective controls to mitigate financial crime and compliance risk.  

We are looking for someone with excellent communication skills who takes initiative and ownership of their work, enjoys working collaboratively in a dynamic and fast-paced environment, and excels at producing high quality and timely deliverables with agency.  If that’s you, we would like to hear from you! 

 

RESPONSIBILITIES

• Conduct Enhanced Due Diligence (EDD) on prospective clients and partners with heightened financial crime and/or compliance risk factors or otherwise complex profiles, as well as ongoing reviews and monitoring of existing clients and partners
• Execute transactional activity reviews against client expected activity
• Perform, evaluate and assess negative news searches on prospective clients
• Ensure reviews and associated processes are completed in a timely manner through strong organization and project management skills, and support the execution of TxB’s diligence program
• Collaborate closely with second line of defense (2LOD) partners, including Legal, Compliance, Financial Crimes Compliance
• Collate feedback from internal and external stakeholders to draft memos for internal review/signoff
• Maintain knowledge of regulatory/compliance expectations, industry trends and emerging threats/risks
• Manage multiple tasks and use sound judgment when prioritizing
• Establish trusted partnerships with peers, functional leads, and executive level stakeholders
• Update and maintain documentation for team processes and best practices

 

BASIC QUALIFICATIONS 

• 3-5 years of relevant professional experience in financial crimes, AML, KYC/EDD, compliance, or risk
• Experience drafting financial crime related documents, such as enhanced client due diligence review reports, transaction monitoring investigative reports, policies/procedures
• Ability to be creative, collaborate widely and deliver on key risk objectives in a fast-paced environment
• Strong presentation skills (written and verbal), organizational and interpersonal skills, and leadership presence
• Must be independent and comfortable in a dynamic, ambiguous, and often multi-directional work environment
• Ability to manage several projects/tasks simultaneously; strong prioritization skills
• Team oriented; strong interpersonal and communication skills
• Energetic, self-directed, and self-motivated
• Fluent in English

 

PREFERRED QUALIFICATIONS

• Strong client risk, financial crime, legal and/or compliance experience
• Prior Transaction Banking/Commercial Banking experience
• CAMS certification