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Posting Date :
11-29-2017
Primary Location :
Atlanta Area, GA US
Work Address :
285 Peachtree Center Ave
Job ID :
W446381
Schedule :
Full-time
:
Red-Flags-Fraud-Risk-Oversight-Lead
Job Description :
Job Description

This position is a multi-level position (compensation grades 49 or 50).

 

The successful candidate will be placed in the level which best fits his/her skill set and experience.

This role will provide leadership in working with the Red Flags / Suspicious Activity Policy and Program owner in Enterprise Compliance.  Specifically, this position will have accountability for Red Flags / Suspicious Activity oversight program development, maintenance and delivery across AML, Fraud Risk Operations, Information Security / Cyber as well as Internal Investigations. In addition, the position will support other risk program deliverables across EIS Operations.  Finally, this position exercises responsibility through direct action, delegation and influence at the senior management level. 

 

In addition, other responsibilities include:

 

Partnering with Enterprise Compliance Policy / Program owner to build, maintain and execute an enterprise Red Flags / Suspicious Activity Oversight Program.

 

Partnering with Segment / Function ORMs to provide oversight to Red Flags procedures, standards and practices across key functions to enable effective risk oversight and governance.

 

Oversight, monitoring and support of authoritative Red Flags / Suspicious Activity requirements (Regulatory such as FFIEC, FACTA, etc; Industry Standards; Leading Practices).

 

Independently monitor and report on an aggregate portfolio view of Red Flag / Suspicious Activity risks

Partnering with Segment / Function ORMS to monitor and escalate key gaps and issues and identify emerging Red Flag / Suspicious Activity risks within the industry.

 

Provide leadership and meaningful guidance and input to ensure risk is effectively monitored and managed with documented risk mitigation strategies and controls.

 

Drive risk dialogue, debate, and escalation at the Enterprise Risk Leadership Team level with escalation onward to the EIS Risk Management Committee (RMC) and Enterprise Risk Committee (ERC) based on Red Flags / Suspicious Activity Program Oversight results, Key Risk Indicators (KRIs), emerging risks / trends, and thematic analysis of program effectiveness.

 

Coordination of control and operational reviews for the Red Flag / Suspicious Activity Program performed by third parties such as the Federal Reserve and external auditors. 

 

Will assist the leadership team with preparing for and responding to external examinations specific to the Red Flags / Suspicious Activity.

 

Partnering with Compliance to interpret regulatory requirements and their applicability to existing and proposed Red Flag / Suspicious Activity Program requirements. 

 

Fostering relationship building by using strong subject matter expertise, excellent communication skills, interpersonal skills and exhibiting the flexibility/adaptability to work in a matrix management environment.

 

Supporting the development of operational risk management and compliance communications to Senior Executives and Risk Committees.


Qualifications

  • Bachelor’s degree. 
  • Minimum 6-8 years related work experience. 
  • Experience operating in risk capacity at financial institution.
  • Functional expertise in financial risk. 
  • Demonstrated comfort with technology including knowledge of Enterprise IT.
  • Consulting and/or management experience.
  • Evidence of taking on larger responsibilities and/or more senior roles.
  • Resourceful and research savvy.  
  • Exceptional problem solving ability–excel at solving problems that require logical reasoning, creative thinking, comfort with numbers and the ability to untangle complex issues.
  • Strong quantitative background. 
  • Executive level communications and presentation skills. 
  • Strong relationship management skills. 
  • Demonstrated formal and informal leadership skills–frequently takes initiative and eager to break new ground. 
  • Comfortable working in matrix environment. 

Preferred Requirements: 

  • Experience in the financial services industry (Big 4 experience would be a plus) – Fraud, AML and / or Red Flags / Suspicious Activity Program development / oversight desired.
  • Familiarity with Federal Regulations (FFIEC, FACTA, etc.) that impact fraud / red flags desired.
  • Good grasp of best practices, regulatory, and compliance issues related to fraud / red flags risk
  • Excellent relationship management skills.
  • Consultative approach, effective in building productive, trusted relationships and in fostering an open, engaged and inclusive dialogue with business and risk partners.
  • Presence, poise and executive stature.
  • Excellent communication and presentation skills.
  • Ability to distill and convey complex topics both orally and in writing.
  • Good influence skills.
  • Ability to articulate risks, tradeoffs, and recommend course of action clearly and compellingly
  • Intelligence, energy and spirit.

 

 

 

 

 

 

 

 

 



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
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