[Remote] Compliance Associate - Financial Crimes Risk Management Sanctions and Trade Compliance Team

Note: The job is a remote job and is open to candidates in USA. KeyBank is a financial institution committed to compliance and risk management. The Compliance Associate – Financial Crimes Risk Management role focuses on ensuring adherence to various financial regulations and supporting the organization in managing compliance risks related to sanctions and trade compliance. Responsibilities • Review and disposition system alerts, transactions, and perform due diligence on clients that present sanctions risk to the organization • Work closely with AML operations to ensure compliance with AML requirements including onboarding, enhanced due diligence, and investigations reviews • Coordinate the dissemination of regulatory compliance regulations, related laws and guidance to Key's lines of business (LOBs) to ensure corporate-wide compliance with regulatory requirements • Act as corporate Subject Matter Expert resource for complex Anti-Money Laundering laws and regulatory requirements, this includes, but is not limited to, Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC), and export control regulations • Effectively partner and establish trusted relationships with LOB contacts, senior level management, the law group, marketing and others, regarding corporate-wide compliance issues and the identification and mitigation of compliance risk • Perform complex compliance tasks as assigned. This includes, but is not limited to, merger and acquisition activities, contract reviews, risk assessments, compliance risk mitigation strategies, new or existing system and/or operational implementation • Interact, at the direction of the OFAC Officer, with regulatory agencies and the Risk Review Group to respond to examination information requests, address exam findings, and respond to requests for comment • Support GRC testing and controls with self-testing and assisting in the development of new controls to assist in mitigating sanctions risk • Assist the OFAC Officer in new business initiatives (new product development and product analysis to ensure sanctions compliance risks are appropriately identified and mitigated • Special projects/other duties, as assigned Skills • Bachelor's degree in business, finance, legal or related field, or equivalent experience • Minimum 5 years' experience in banking, compliance, or audit related activity desired • Strong research, analytical, and problem-solving skills • Flexible hours to provide for coverage as needed till 6:00 pm, with a possibility to extend to 7:00 pm depending on bank's needs • Well-developed relationship building skills and ability to work in a team environment • Excellent written and verbal communication skills with the ability to effectively communicate with lines of business and compliance management • Strong organizational skills with an attention to detail • Comprehend compliance laws and regulations • Experience with OFAC compliance and/or OFAC screening processes • Experience with export control compliance and knowledge of import/export regulations • Experience with digital asset / crypto currency compliance • Experience with person-to-person (P2P) compliance • Experience with LOB OFAC compliance oversight • Understanding of risk assessments, vendor engagement, and contracts • Knowledge of Tableau, sanctions screening software and research tools, including World Check and Lexis-Nexis • Sound knowledge about banking/business organizational structures and understanding of how to get things done through formal channels and informal networks • ACAMS, ACFCS, or CGSS certification desired Company Overview • At KeyBank we’ve made a promise to our clients that they will always have a champion in us. It was founded in 1849, and is headquartered in Cleveland , Ohio, US, with a workforce of 10001+ employees. Its website is https://www.key.com. Apply tot his job Apply To this Job