Job description
Overview:
Univest Financial Corporation (UVSP), has approximately $7.2 billion in assets and $4.2 billion in assets under management (as of December 2022). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. In 2022, Univest donated $2.5 million to our communities, and our employees volunteered more than 12,300 hours.
At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve.
Manage and develop a team of Financial Crime professionals
Review and file within the appropriate timeframe CTRs for all branches checking the accuracy and thoroughness of all reportable transactions
Lead and perform alert reviews and case investigations consisting of anomalous or potentially suspicious activity identified by the Bank’s transaction monitoring software
Analyze account transaction histories to identify potential money laundering typologies and other unusual or potentially suspicious behavior
Conduct in-depth investigations of potential suspicious activity and documenting clients’ relationships with the account holders and gathering additional information from various sources as appropriate
Maintain the appropriate level of documentation for each SAR and negative SAR filing decision in accordance with audit and regulatory expectations
Perform Enhanced Due Diligence (EDD) and conduct periodic on-site visits of high-risk customers in order to obtain a thorough understanding of the entity, their transactions, and patterns of activities
Research and monitor potential OFAC matches, provide sufficient documentation to support a match or a false positive; approve and escalate any matches to the BSA Officer
Conduct ongoing trainings with various departments and new employees to clearly communicate BSA/AML/OFAC requirements and expectations
Work with various departments and customers in providing expertise to BSA, AML, and OFAC related issues and questions
Responsible for compliance with laws and regulations that apply to this position including the Univest Code of Conduct
Perform other duties as assigned Qualifications:
Strong communication skills and the ability to act independently when investigating BSA, AML, Office of Foreign Asset Control (OFAC), or USA PATRIOT Act situations
Highly analytical and must have a strong work ethic, excellent research abilities, and superior critical thinking skills
Show the ability to write clearly and concisely and produce an error-free work product
Demonstrate flexibility, the ability to learn new skills, and meet production expectations while working closely with others in a team environment
Highly organized with a high level of attention to detail, an ability to follow tight regulatory guidelines and ‘think out of the box’
Experience with Verafin (or equivalent BSA/AML management system) is required
Experience with managing a diverse BSA/AML team
Click here for Benefit Information
#Univest
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Univest Financial Corporation (UVSP), has approximately $7.2 billion in assets and $4.2 billion in assets under management (as of December 2022). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. In 2022, Univest donated $2.5 million to our communities, and our employees volunteered more than 12,300 hours.
At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. Seeking career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs based financial solutions in the communities we serve.
We're hiring a Bank Secrecy Act (BSA)/Anti Money Laundering (AML) Manager to join our Risk Management Team.
Assist the BSA Officer with all aspects of BSA/AML identification, analysis, and monitoring
Manage and develop a team of Financial Crime professionals
Review and file within the appropriate timeframe CTRs for all branches checking the accuracy and thoroughness of all reportable transactions
Lead and perform alert reviews and case investigations consisting of anomalous or potentially suspicious activity identified by the Bank’s transaction monitoring software
Analyze account transaction histories to identify potential money laundering typologies and other unusual or potentially suspicious behavior
Conduct in-depth investigations of potential suspicious activity and documenting clients’ relationships with the account holders and gathering additional information from various sources as appropriate
Maintain the appropriate level of documentation for each SAR and negative SAR filing decision in accordance with audit and regulatory expectations
Perform Enhanced Due Diligence (EDD) and conduct periodic on-site visits of high-risk customers in order to obtain a thorough understanding of the entity, their transactions, and patterns of activities
Research and monitor potential OFAC matches, provide sufficient documentation to support a match or a false positive; approve and escalate any matches to the BSA Officer
Conduct ongoing trainings with various departments and new employees to clearly communicate BSA/AML/OFAC requirements and expectations
Work with various departments and customers in providing expertise to BSA, AML, and OFAC related issues and questions
Responsible for compliance with laws and regulations that apply to this position including the Univest Code of Conduct
Perform other duties as assigned
Bachelor’s degree or equivalent experience with at least five (5) years of BSA/AML experience
Strong communication skills and the ability to act independently when investigating BSA, AML, Office of Foreign Asset Control (OFAC), or USA PATRIOT Act situations
Highly analytical and must have a strong work ethic, excellent research abilities, and superior critical thinking skills
Show the ability to write clearly and concisely and produce an error-free work product
Demonstrate flexibility, the ability to learn new skills, and meet production expectations while working closely with others in a team environment
Highly organized with a high level of attention to detail, an ability to follow tight regulatory guidelines and ‘think out of the box’
Experience with Verafin (or equivalent BSA/AML management system) is required
Experience with managing a diverse BSA/AML team
Click here for Benefit Information
#Univest
#LI-Hybrid
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
smogtown13.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, smogtown13.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, smogtown13.com is the ideal place to find your next job.