Buckingham Search

Senior Audit Manager - Compliance Team

Buckingham Search - Chicago, IL

Senior Audit Manager - Compliance Team

We are seeking an experienced Senior Audit Manager with a strong background in Anti-Money Laundering (AML) Compliance to join our client who is a well-renowned large international commercial bank. As a Senior Audit Manager, you will play a critical role in assessing and enhancing the bank's AML compliance program to ensure adherence to regulatory requirements and industry best practices. This is a key leadership position that requires exceptional analytical, communication, and managerial skills.

*Hybrid in Midtown, NY or Chicago, IL


AML Audit Planning and Execution:

  • Develop and execute comprehensive AML audit plans, ensuring coverage of all relevant areas of the bank's AML compliance framework.
  • Conduct risk assessments to identify potential AML risks and gaps within the bank's policies, procedures, and controls.
  • Lead and oversee audit engagements related to AML compliance, including scoping, testing, issue identification, and resolution.

Regulatory Compliance and Reporting:

  • Stay current with all applicable AML laws, regulations, and guidelines, and ensure the bank's policies and procedures are in full compliance.
  • Provide guidance to business units on AML compliance matters and work closely with them to implement corrective actions and improvements.
  • Prepare comprehensive audit reports with clear and actionable recommendations for senior management and relevant stakeholders.

Stakeholder Management and Collaboration:

  • Establish and maintain effective working relationships with key stakeholders, including senior management, regulatory agencies, and internal audit teams across different business lines and regions.
  • Collaborate with other internal audit teams to ensure cross-functional coordination and sharing of best practices related to AML compliance.

Continuous Improvement and Innovation:

  • Drive continuous improvement initiatives to enhance the efficiency and effectiveness of the bank's AML compliance program.
  • Identify opportunities to leverage technology and data analytics to strengthen AML monitoring and detection capabilities.

Team Leadership and Development:

  • Lead and mentor a team of audit professionals, providing guidance, feedback, and support in their career development.
  • Foster a collaborative and high-performing audit team culture, promoting diversity and inclusion.


Education and Experience:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field. Advanced degree preferred.
  • At least 10 years of progressive experience in internal audit, risk management, or compliance within the financial services industry, with a significant focus on AML.
  • Previous experience in a managerial or leadership role, demonstrating the ability to lead and motivate a team.

AML Expertise:

  • In-depth knowledge of AML laws, regulations, and best practices, including the Bank Secrecy Act (BSA) and the USA PATRIOT Act.
  • Proven track record of successfully implementing and enhancing AML compliance programs within a large commercial bank.

Regulatory Understanding:

  • Strong understanding of global AML regulatory requirements and expectations, especially in the context of an international bank.

Communication and Leadership Skills:

  • Excellent written and verbal communication skills, with the ability to convey complex AML concepts to various audiences.
  • Strong leadership qualities, including the ability to influence and drive change across the organization.

Analytical and Problem-Solving Abilities:

  • Exceptional analytical skills, with the ability to assess complex situations and identify potential risks and solutions.

Certifications (Preferred):

  • Relevant professional certifications such as Certified Anti-Money Laundering Specialist (CAMS), Certified Internal Auditor (CIA), or Certified Public Accountant (CPA).

Posted On: Monday, July 17, 2023

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