Anti-Money Laundering Advisory Officer

Job Description

About the Role

Title: AML Advisory Officer

Miami Lakes, FL

Position Type Full Time – Permanent

Area of Interest Risk

Req Num 6365

Job Description:

BankUnited (NYSE: BKU) is a national bank headquartered in Miami Lakes, Florida with banking centers in Florida, the New York metropolitan area, Dallas and Atlanta. BankUnited has two subsidiaries, Pinnacle Public Finance headquartered in Scottsdale, Arizona and Bridge Funding Group headquartered in Hunt Valley, Maryland. We pride ourselves on our entrepreneurial and collaborative culture encompassing the best minds, the brightest talent and the boldest decision makers.

BankUnited is honored to announce that we have been included on the Newsweek and Statista America’s Most Trusted Companies Award List!

BankUnited has been recognized by Newsweek for two outstanding awards in 2023 as one of America’s Greatest Workplaces and as one of America’s Greatest Workplaces for Job Starters, which acknowledges our commitment to creating an exceptional workplace.

Our Culture

At BankUnited, we foster a diverse and inclusive environment where all employees have the opportunity to advance, grow and achieve their goals. Our rally cry is to GO FOR MORE, a call to action to go above and beyond to provide the best customer experience to every client and to GO FOR MORE in your career.

Why BankUnited

Working for BankUnited offers you exciting challenges and opportunities to advance your professional development, while empowering you to deliver and be your best. We are happy to report the average tenure according to LinkedIn insights is 8.3 years. We strive to provide a competitive benefits plan to our employees and are proud to have been nationally ranked #1 as one of the 2023 Healthiest 100 Workplaces in America by Springbuk and awarded HEALTHIEST EMPLOYER by the South Florida Business Journal since 2020.

As a company, we believe we are only as successful as our people and are committed to providing training and innovative resources that prepare you to reach your full potential. That’s why in addition to tuition reimbursement, we provide our employees with exciting career coaching, courses and training through our own GO FOR MORE Academy and mentoring opportunities through our iCARE (Inclusive Community of Advocacy, Respect and Equality) program.

At BankUnited, we strive to provide our employees with a work life balance. Specifically, retail branches operate 5 days a week Monday – Friday, excluding evening and/or weekend hours. For many of our positions, we offer a hybrid work environment, as well as a remote work environment for designated positions.

If you thrive in a fast-paced collaborative work environment, Apply Now and start your journey with BankUnited today!

SUMMARY: The primary responsibility of the AML Advisory Officer will be to operationally support the Consumer, Small Business, Corporate Banking and Commercial Lending lines of business (“LOBs”) on BSA/AML Compliance matters as a Subject Matter Expert (“SME”). The AML Advisory Officer will report to the Business Advisory Manager. This is a 1st Line of Defense role, and will work closely with — but not report to — the BSA Department. The AML Advisory Officer will partner closely with LOBs to carry out certain 1st Line BSA/AML risk management responsibilities in an efficient and effective manner.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

Liaise with the business and BSA teams to ensure compliance with BankUnited’s BSA/AML/OFAC Program.

Operationally support certain aspects of on-boarding/maintenance of LOB clients.

Partner with LOB relationship managers on timely and thorough execution of Enhanced Due Diligence (EDD) and Know Your Customer (KYC) responsibilities.

Engage in ongoing EDD reviews of high-risk clients, and/or provide the LOBs with guidance & support related to BSA inquiries and BSA exception memo development.

Maintain comprehensive documentation evidencing the oversight functions performed and where deficiencies or areas for improvement are identified, working with stakeholders to drive effective and timely solutions.

Act as an escalation point for certain BSA/AML compliance matters.

Help develop and continuously improve team performance metrics.

Establish and build strong relationships at 1st and 2nd line levels.

Demonstrate aptitude for working, directly and indirectly, with clients that are both US and non-US (Latin America) based.

Work with minimal supervision and as a member of a small team.

Learn quickly with an ability to not just follow instructions, but to think critically and take ownership/responsibility.

Demonstrate excellent utilization of relationship-building and soft skills to get results.

Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).

Adheres to Bank policies and procedures and completes required training.

Identifies and reports suspicious activity.

EDUCATION

Bachelor’s Degree preferred

EXPERIENCE

4-6 Years 3-5 years of AML-related operational experience in retail and commercial banking (preferably in the Florida and/or Greater New York City markets) is required

A thorough understanding of financial crimes risk management principles and the Three Lines of Defense model is required

Must have prior experience successfully supporting business units with the execution of aforementioned responsibilities

Must demonstrate excellent computer literacy with proficiency in Microsoft products, and the willingness to gain proficiency using other software as needed ACAMS (Association of Certified Anti-Money Laundering Specialists) or similar credential(s) in the area of financial crimes compliance preferred required