Senior Compliance Manager - BSA/AML and Fraud Testing

Location:

For Those Who Work At Home - Various, Ohio 44144

As part of Key’s second line of defense Compliance Risk Management function, the Risk Evaluation and Assurance Program (the “REA Program”) has the responsibility for evaluating Key’s ongoing compliance with applicable laws and regulations through the execution of compliance monitoring and testing across Key’s lines of business, products, and functional activities. Individuals lead the design and execution of testing and continuous monitoring to evaluate Key’s compliance with regulatory requirements. The Senior Compliance Manager must have a strong understanding of audit and/or testing concepts and apply those to testing, monitoring, issues management, and verification activities. The Senior Compliance Manager must exhibit strong leadership, initiative, and agility as well as a passion for continuous learning and challenging the status quo. The ideal candidate will have experience managing a team of testing or compliance professionals, strong knowledge of BSA/AML and Fraud related compliance regulations and supporting operational processes, and be skilled at developing, executing, and overseeing testing and monitoring activities. This role requires the ability to demonstrate leadership across various lines of business and proactively and productively coordinate with other groups within Key including the lines of business, other risk management teams and internal audit.

Essential Job Functions

• Lead in the development, management, and strategic direction of a team of BSA/AML and Fraud compliance testing professionals to perform risk-based monitoring and evaluation activities, including risk assessment, monitoring and testing, analysis of findings, and reporting to ensure effective, sustainable risk management processes exist.

• Demonstrate subject matter expertise in BSA/AML and Fraud testing and working knowledge of applicable Anti-Money Laundering/Bank Secrecy Act (AML/BSA) and Fraud-related regulations and laws, operations, industry trends, emerging issues, and the applicability to risk management strategies for the scoping of risk evaluations, monitoring, and design of testing plans.

• Utilize knowledge of data analysis tools and techniques in analyzing, quantifying, and/or assessing risks and to evaluate controls to identify potential weaknesses and/or control gaps related to BSA/AML and Fraud processes.

• Assist Compliance Executive with the ongoing design, development, and implementation of the REA Program related to BSA/AML and Fraud testing including an annual testing plan, testing methodology, ongoing monitoring, and strategic initiatives to ensure the Bank’s policies and procedures are consistent with applicable regulatory requirements and best practices.

• Responsible for managing staff, providing ongoing coaching, and driving quality of work for the team while ensuring any issues or material breaches of applicable laws, rules, policies, or standards with an actual or potential compliance risk impact are appropriately identified, escalated, remediated, and validated.

• Maintain awareness of emerging issues, bank-wide initiatives, and industry trends to be forward thinking and innovative in executing testing engagements and ongoing monitoring to identify process and control improvement opportunities.

• Develop and maintain strong, collaborative relationships with mid to senior level management, other internal clients and peers, Internal Audit, industry peers, and regulatory examiners.

• Participate in special projects as assigned and assist in the development and on-going enhancement of the REA Program and compliance related procedures.

• Actively identify and pursue training or continuing education opportunities to further develop overall knowledge of regulatory compliance, banking products and services, industry trends, and emerging risks.

Required Qualifications

• Education/Background: Bachelor's degree,

• Minimum 6+ years of BSA/AML and/or Fraud compliance, risk management, and/or audit experience with a strong focus on risks and controls and risk-based auditing and/or testing techniques; management experience preferred.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $120,000 to $145,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

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