Compliance Oversight Analyst III
Location: Pilot Point
Posted on: July 1, 2020
Job Summary The Compliance Oversight Analyst III plays a crucial
role in supporting the Compliance Monitoring & Testing (CMT)
department with the oversight and examination of various programs
across MoneyGram. The Analyst III will focus on the day-to-day
activities associated with critical sub-components of each program
to ensure the business operates in accordance with all legal and
regulatory requirements, all group standards relating to consumer
protections, anti-money laundering (AML), counter financing of
terrorism (CFT), and fraud prevention are met, and MoneyGram is
able to form sound judgements concerning reputational and other
risks while meeting expectations of regulators and other compliance
stakeholders. Primary Responsibilities Executes CMT activities as
designed by management and provides expertise in the areas of
regulatory compliance and enterprise risk management; performs
business process control reviews, program assessment reviews, and
other service offerings. Works closely with management to develop
risk mitigation strategies, implement programs and new
requirements, drive implementation of recommendations regarding
business & process optimization, internal control & compliance.
Becomes thoroughly knowledgeable on several MoneyGram core programs
and sub-programs; maintains knowledge of business line functions
and strategic goals to best support assigned business lines.
Researches and promotes laws and regulations at local, state, and
federal levels that enhance MoneyGram's ability to remain in
compliance with said laws and regulations. Assists in designing and
planning remediation actions related to AML, BSA, Fraud, Sanctions,
Consumer Protection and Other issues identified through independent
testing, self-identification, or other escalation processes. Meets
with business lines to gain insight and provides guidance into
business line products and services and/or related initiatives
impacting enterprise risk. Performs other duties as assigned.
Education BA /BS in business, finance, law enforcement, legal
studies, or a related field; may be substituted with equivalent
work experience in Money Service Business (MSB), Financial
Services, Law Enforcement, Banking, or a related field. Experience
Any combination of relevant education and experience and/or related
professional designations/certifications in this field is highly
desirable. 2-5 years' experience in Financial Services, Compliance
Investigations, Anti-Money Laundering, Fraud Prevention, Audit,
Quality Assurance or a related field in a Money Service business.
Experience in a Money Service Business preferred. CAMS or CFE
certification preferred. Essential Skills Working knowledge of
Anti-Money Laundering, Fraud, Securities Rules/Law, Sanctions,
Consumer Protection, Anti-Bribery, and/or other AML regulatory
policies. Experience in understanding and analyzing policies,
programs, and procedures, including regulatory risk assessments.
Demonstrated ability to collaborate with individuals and influence
individuals across business and/or functional lines. Strong
interpersonal, leadership, and relationship skills. Proficiency in
learning new computer systems. Ability to collaborate with people
across the enterprise to achieve consensus on regulatory risk
issues and appropriate mitigation. Experience in creating and
delivering presentations. Experience in developing and delivering
compliance communications to business unit and support function
personnel. Excellent analytical, communication (verbal and
written), organizational, business acumen, and report writing
skills. Results oriented and able to work with minimum supervision.
Flexibility to adapt to changing priorities to meet business needs.
Strong ownership of the learning process. Ability to drive positive
change leveraging the Program Office staff.
Keywords: MoneyGram, Dallas , Compliance Oversight Analyst III, Professions , Pilot Point, Texas
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