At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it's our mission and our purpose.
The Risk and Compliance Manager will oversee all Bank Secrecy Act (BSA)/Anti-Money Laundering (AML), operational risk, and compliance risk functions within Cash Connect.
Job Responsibilities:
Provide guidance and oversight for associates performing all functions related to the BSA, operational risk, and compliance risk.
Ensure timely and accurate filing of Currency Transaction Reports by applicable associate. Provide support and or guidance for any issues that arise during this process.
Provide guidance for transaction monitoring efforts by associates, conduct quality reviews, and ensure timely completion of alerts and cases generated in the transaction monitoring system.
Manage Cash Connect's Customer Lists (including High Risk Customers) and provide guidance for Enhanced Due Diligence (EDD) reviews while ensuring timely completion.
Manage the lists of Cash Connect's vendors/business partners and provide guidance for all needed renewal reviews while ensuring timely completion of these reviews by the appointed associate.
Provide oversight for the Armored Carrier audit program.
Oversee insurance related functions and ensure proper management of all insurance claims, "near miss" events, communications to applicable parties, and reporting efforts.
Oversee reporting efforts for Key Performance Indicators, Key Risk Indicators, and Operational Loss metrics
Perform program updates on a recurring basis whether it is related to the above listed responsibilities or new program initiatives.
Engage in process improvement efforts to ensure program efficacy.
Coaching and development of associates.
Create and/or maintain adequate procedures.
Minimum Requirements:
Bachelor Degree in business related field, risk management, or criminal justice preferred (can be bypassed with experience and certifications).
5 to 7 years of experience in risk/compliance functions (with bachelor's degree).
Risk or compliance related certification including but not limited to CAMS, CFE, CIA, CFCS.
7 to 10 or experience in risk/compliance functions and risk/compliance certification (no degree).
Must have advanced knowledge of BSA/AML regulation.
Must have knowledge of operational and compliance risk management functions.
Must have an understanding of data management.
Must demonstrate advanced communication skills (both verbal and written).
Must have an understanding of organizational design and management (both at a company and personnel level).
Must have the ability to read and understand company policies and applying policy to decision making.
Must have a high degree of problem-solving ability.
WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.
WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
