AVP Consumer Compliance/BSA/AML Senior Auditor

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We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.

Job Description:

OFFICE LOCATION:

Abilene, Texas, United States

SCOPE/CONTACTS:

The AVP Consumer Compliance/BSA/AML Senior Auditor is responsible for the execution and support of risk-based audits over Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), and regulatory compliance, as well as assisting Internal Audit team where necessary. The objective of this role is to ensure the Company’s internal controls are adequate by executing and assisting with the development of an audit program that is commensurate with the size and complexity of First Financial Bankshares, Inc. (FFIN) and its subsidiaries.

ESSENTIAL FUNCTIONS:

Ensure the Company’s internal audit program is effective and meets regulatory and industry standards. Conduct and assist on internal audits pertaining to BSA/AML, OFAC, and regulatory compliance, including management of co-sourced engagements, and audit budget hours.

• Plan and execute risk-based internal audits and reviews of BSA/AML, OFAC, and regulatory compliance programs in accordance with the approved audit plan.
• Evaluate the design and operating effectiveness of internal controls related to BSA/AML, including but not limited to, sanctions, suspicious activity reporting (SAR), customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring, currency transaction reporting (CTR), 314(a) / 314(b), OFAC etc.
• Support regulatory compliance audits such as Regulation Z, Regulation E, Servicemembers Civil Relief Act, Fair Lending, etc.
• Perform audit testing, document workpapers, and ensure audit evidence sufficiently supports audit conclusions in accordance with internal audit standards.
• Identify control gaps, process weaknesses, and regulatory compliance issues, including risk impact and develop well supported observations and recommendations.
• Prepare audit reports that communicate audit results, issues, and corrective action in a timely, clear, and concise manner.
• Evaluate corrective actions provided by management and track audit issues and validate corrective action plans and remediation efforts.
• Liaise between the bank and external parties, such as co-sourced internal audits, and lead or assist with the gathering of information, scheduling, and planning of these engagements.
• Work as a member of a project team and cultivate a strong working relationship with the Internal Audit team and line of businesses.
• Stay current on regulatory changes, emerging risks, and industry best practices related to BSA/AML and compliance.
• Adhere to professional auditing standards, including the Institute of Internal Auditors (IIA) Standards and Company’s policies.
• Actively participate in the Customer Service First program, support the values of the organization, and follow established policies and procedures.
• Perform other duties and special projects as assigned by Internal Audit management.

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in business, accounting, finance, or related discipline.
• Minimum four (4) to five (5) years of experience in an audit-related role pertaining to BSA/AML and regulatory compliance at a regulated financial institution and/or public accounting firm.
• Knowledge of auditing standards and practices.
• Knowledge of financial institution regulatory environment and requirements.
• Related certifications or willingness and plan to obtain (CIA, CRCM, CAMS, or similar).
• Working knowledge of BSA/AML regulations, OFAC requirements, and financial institution compliance programs.
• Proficient in Microsoft Office applications (Excel, Word, PowerPoint, Co-Pilot).
• Ability to manage multiple tasks and deliver high-quality deliverables within deadlines.
• Strong attention to detail and accuracy.
• Consistently demonstrate clear and concise written and verbal communication.
• Demonstrated ability to remain unbiased in a diverse working environment.
• Effective communication skills to clearly convey audit findings.
• Ability to protect confidential information.