Compliance Manager (Banking) supervises daily operations to identify and respond to suspicious activity violating current anti-money laundering (AML) regulations as defined in the US Bank Secrecy Act (BSA) or other governmental anti-terrorist financing programs. Uses oversight systems, interdiction software, and audit processes to perform daily transaction monitoring and identify suspicious activity patterns. Being a Compliance Manager (Banking) monitors activity and ensures adherence to Know your Customer (KYC) protocols and regulatory requirements for required filings and reporting. Leads investigations of suspicious activity to pursue corrective actions and ensure completion of required filings. Additionally, Compliance Manager (Banking) maintains extensive knowledge of financial regulations, risk management best practices, and changing fraudulent trends to develop and implement appropriate compliance procedures. Delivers compliance training with up-to-date regulatory information and procedures to develop and guide well-informed staff. Typically requires a bachelor's degree. May have the Certified Anti Money Laundering Specialist (CAMS) certification. Typically reports to a director. The Compliance Manager (Banking) supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Compliance Manager (Banking) typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Peabody Properties, Inc. is seeking an experienced Compliance Manager to join its growing Compliance Team!
The Compliance Manager works in conjunction with Operations and other departments as business needs demand to ensure full compliance with affordable housing requirements of the assigned portfolio.
Routine responsibilities include assisting sites in preparation for and response to scheduled audits and inspections, monitoring for timely completion of recertifications and submission of special claims, determining valid or invalid EIV discrepancies, performing annual property reviews, an understanding affordable layering program and ensuring property team members are kept abreast of changing forms, policies and procedures.
Requirements of the Position
Education and Experience
Requires High School Diploma or GED with a minimum of 3 years related property management experience. Also, extensive knowledge of primary software used by Management Office (Onesite), including proficiency with Microsoft Word, PowerPoint, and Excel. Strong experience working with various subsidy programs including Low-Income Housing Tax Credit, Project-Based Section 8 and EIV experience.
Compensation and Benefits:
Peabody Properties, Inc. offers competitive pay along with a rich benefits package that includes, but is not limited to, medical, dental, 401(k), STD, life insurance, Employee Assistance Programs (EAP), paid time off, paid holidays, paid training, tuition reimbursement, wellness programs, employee referral bonuses, and flex spending.
EEO Statement:
Peabody Properties, Inc. is an Equal Opportunity Employer and is committed to workforce diversity. We evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status, gender identity, sexual orientation and other legally protected characteristics. If you require a reasonable accommodation because of a disability for any part of the employment process, please e-mail our Talent Acquisition Manager and let us know the nature of your request and your contact information. Smoke-free workplace. Drug-free work environment.
Peabody Properties participates in E-Verify.
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