Compliance Officer

Job Description

While in this role, you will work to support risk mitigation and assure that Citizens businesses follow all applicable economic sanctions laws, regulations, and policies.

You will also work to support the design, implementation, and maintenance of internal control to mitigate risk . Additionally, you will identify, measure, and escalate compliance issues to the Senior / Principal Compliance Officer where appropriate.

Furthermore, while in this role, you will work with other compliance officers to support business needs, strategize, and develop standards and procedures to assure Citizens businesses are in compliance.

Lastly, you will work to identify process improvements and opportunities for controls enhancement. Most importantly, at Citizens we're more than a bank and you'll feel valued for who you are supported to achieve what's important to you, personally and professionally!

Primary responsibilities include

• Support ongoing risk assessments and compliance reviews to assure compliance policies and risk controls are appropriate.
• Identify any factors which may affect risk mitigation and compliance with applicable regulatory requirements.
• Establish relationships with specific business lines on the basis of trust and assurance.
• Provide recommendations and guidance on business activity while implementing and training on related regulations.
• Support the business in establishing controls and processes that mitigate sanctions risk.
• Establish expertise on the regulatory environment and remain up-to-date on practices aligning with compliance.
• Monitor business processes to determine areas of improvement and facilitate changes.
• Staying on top of current domestic and global events and industry news to help forecast potential risk or impact related to Sanctions.
• Reporting to the Office of Foreign Asset Control (OFAC).
• Act as escalation point of contact for sanctions analysts and business line partners until 6 : 30pm EST 1 - 2 days per week.

Rotating schedule and starting hours adjusted for these days.

Participate in regulatory examinations and internal audit reviews

Qualifications, Education, Certifications and / or Other Professional Credentials

• 3-5 years relevant work experience with risk, compliance, or audit functions within the financial services industry preferred
• Strong understanding of banking and investment products and payment flows
• Excellent interpersonal, communication (written and verbal), and presentation skills
• Excellent project management and organizational skills
• Strong customer focus
• Experience working with a variety of information / case management systems and data files, including large and complex files or systems
• Working knowledge of traditional banking regulations and banking functions
• Solid analytical, mathematical, and research skills
• Proven familiarity with bank regulatory experience and demonstrated experience in interpreting laws and regulations
• Bachelor's Degree in a business related field or equivalent experience

Hours & Work Schedule - HYBRID- 3 days in the office, 2 days working from home

• Hours per Week : 40
• Work Schedule : Monday - Friday

About Us

Equal Employment Opportunity

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability.

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status / parenthood, medical condition, military or veteran status, national origin, pregnancy / childbirth / lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and / or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.

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Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks.

Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered.

Any offer of employment will include further information.