Part of the First Line of Defense (LOD1) Operational Risk & Control function as defined in the STI Enterprise Risk Policy.
LOD1 Operational Risk and Control Consultant: Develops, analyzes, coordinates and implements the LOB Risk Management programs and framework. Serves as the risk management expert providing leadership and meaningful input to ensure risk data is captured, risk mitigation strategies and controls are developed, and appropriate reporting mechanisms are in place. Assures the LOB has adequate processes and procedures in place to effectively monitor and manage risk.
Monitors activities related to compliance with operational risk guidelines. Completes Process and Targeted Reviews. Reviews documentation, performs testing and supports remediation efforts in the function/LOB. Conducts risk and control assessments on a regular basis to ensure function/LOB meets corporate standards that specifically relate to internal operating controls. Assesses levels of adherence/execution and identifies risk/control improvements in areas with medium complexity. Assists in update of function/LOB control, policy, procedures, and risk/control documentation. Develops project plans, determine scope, lead projects, verify deliverables with stakeholders. Interpret results and present findings and recommendations. Assists with knowledge transfer of resources and processes to other Risk teams
- Bachelor’s degree in Business, Economics, Finance, or Accounting, or an equivalent combination of education and work experience.
- Must have previous AML/BSA experience at least 3-5 years
- Must be Bilingual (Spanish a must, Portuguese would be nice)
- Must have previous experience with High net worth file reviews
- Must have extensive new account both personal and business as well as complex accounts review experience (Trust, Investment Accounts, etc…)
- 5 years of work experience including audit, operations, process engineering or risk management
- Strong knowledge of SOX and other industry-related regulatory requirements, and operational risk concepts.
- Professional communications and presentation skills.
- Strong relationship management skills.
- Demonstrated leadership or management skills.
- Solid knowledge of risk management principles and controls, broad-based business practices, and deep understanding of segment/function business processes, with the ability to assess levels of adherence/execution and identify risk/control improvement opportunities.
- CAMS—Certified Anti Money Laundering Specialist
- FIBA AML Certified
- Experience in the financial services industry
- Project management skills
- Strong writing and verbal skills
- Ability to work within a matrix organization
Equal Opportunity Employer: SunTrust supports a diverse workforce and is a Drug Testing and Equal Opportunity Employer. SunTrust does not discriminate against individuals on the basis of race, creed, color, gender, religion, national originTo review the EEO Poster, copy and paste the following link into your browser: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf http://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf