Senior Manager of the Anti-Money Laundering (AML) Program
Best Buy, Minneapolis, MN, United States
As a Senior Manager of the Anti-Money Laundering (AML) Program, youll support the creation of the AML program. After its creation, youll manage the programs day-to-day operations and serve as the initial point of contact for internal and external stakeholders. Youll also act as the primary liaison between Best Buy and its selected Money Services Business Partner, who will assist Best Buy in ensuring compliance with the Federal Banking Regulations.
This role is hybrid which means you will work some days onsite at a Best Buy location and some days virtually from home or other non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.
What youll do
- Help create required material for the AML, including policies, procedures and controls for customer due diligence (CDD), suspicious activity (SA) monitoring and reporting, and risk assessment
- Create metrics and reports to communicate program effectiveness
- Oversee, analyze and report results of CDD and SA monitoring by our third-party service provider
- Identify potential issues and evaluate solutions to meet business needs
- Build and maintain close working partnerships with internal and external stakeholders to ensure they seek advice and counsel when needed
- Stay current with all applicable regulations, monitoring changes and ensuring timely implementation of necessary changes.
- Bachelors degree in law, finance, business management or related field
- 4 years of experience in an AML compliance role
- Strong knowledge of AML regulations and standards, including the USA PATRIOT Act,
FinCEN and OFAC requirements - CAMS (Certified Anti-Money Laundering Specialist) certification or equivalent
- Excellent written and verbal communication skills
- Ability to prioritize and manage multiple projects and deadlines
- Strong organizational skills
Preferred qualifications
- Masters degree
- Retail experience
- Retail marketplace experience
- Experience working with regulators and regulatory audits
Whats in it for you
Were committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.
Our benefits include:
- Competitive pay and PTO package
- Generous employee discount
- Physical and mental well-being support
- Robust benefit package
About us
As part of the Best Buy team, youll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life in our stores, online and in customers homes.
Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. Were committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.
Best Buy is an equal opportunity employer.
Position Type: Full timePandoLogic. Keywords: Anti Money Laundering Analyst, Location: Minneapolis, MN - 55423