Compliance Risk Assessment Officer

Our European banking client is looking for an individual who has experience actively running and has contributed to an annual AML / Compliance Risk Assessment process and supported compliance governance reporting and training oversight in a bank.Position Summary:The Compliance Risk Assessment Officer will be responsible for completing the annual execution of the Compliance Risk Assessments for all legal entities within the bank's North American region.Essential Duties and Responsibilities:• Lead the execution of the Financial Crime Prevention related Annual Compliance Risk Assessments, including planning, data collection; analysis, evaluation, and reporting.• Aid in the enhancement of the existing risk assessment framework and reporting process through updates to the assessment methodology and by identifying additional quantitative and qualitative risk and control data points for use in evaluating Inherent Risk and Control Effectiveness.• Establish and maintain a broad knowledge of business and the regulatory framework in which the bank operates.• Establish and maintain relationships with local and global compliance teams, business desk heads, operations and other key stakeholders to keep abreast of developments that may impact compliance risks.• Ensure the alignment of local regulatory expectations with the global methodology and ensure the timely escalation of any identified gaps to management..• Stay abreast of applicable laws, regulations, and emerging risks for consideration in the risk assessment process.• Develop a process of tracking and monitoring the Compliance-related findings to ensure they are properly reflected in the risk assessment results. This includes understanding the effectiveness and sustainability or remediated findings and providing timely reminders and status reports to relevant parties, and escalating matters to management, if necessary.• Prepare periodic reports for presentation to various governance committees and on an ad hoc basis, as required.• Contribute to internal department initiatives, such as training,annual affirmation process, and other internal projects, as requested.Compliance Training• Coordinate with global Compliance Training colleagues on training-related matters.• Manage the U.S. Compliance Training Calendar including liaising with key stakeholders and SMEs to ensure training materials meet regulatory and global policy requirements and managing and changes to the calendar that occur throughout the year.• Manage the training tracking process to drive accurate and complete attendance records.• Manage Compliance training related reporting, including and required metrics, escalation, and committee reportsExperience / Education:• Bachelor's degree; advanced degree (JD, MBA or Master's degree) and/or CIA is preferred.• 4+ years of successful prior global AML compliance and audit or testing experience. The experience must include knowledge of compliance laws and regulations pertaining to AML and the global financial services industry.• Experience in audit, investigational and/or advisory capacity• Proven ability to collaborate with others, initiate action, make high impact decisions and respond to a constantly changing regulatory environment.• Self-starter, capable of working under minimum supervision.• Problem solving skills - the candidate must demonstrate the ability to identify key issues, obtain appropriate information for further analysis, and develop actionable recommendations• Analytical skills - the candidate must be highly analytical with experience in collecting, analyzing, and synthesizing information on various subjects• Strong written and verbal skills; ability to articulate in writing and verbally the results of compliance review