• Job Description

  Req#: R230500828
  
  The Enterprise Compliance Senior Associate tests existing enterprise compliance controls within the organization to determine their effectiveness and to identify deficiencies. Under limited supervision, this job focuses on large projects and processes to correct compliance weaknesses by developing and discussing corrective action plans with Compliance Testing Directors and by preparing documentation of enterprise compliance activities to provide a record of issues and to track open issues through to closure.
  
  Key Responsibilities and Duties

  • Performs compliance risk assessments to test the effectiveness of current enterprise compliance controls and to identify issues, concerns, and deficiencies.
  • Interprets internal and external risks identified during compliance testing and participates in meetings with line of business and enterprise compliance partners to determine best course of action to mitigate risk.
  • Designs and implements corrective action plans to resolve problematic compliance issues and to ensure that compliance deficiencies are corrected.
  • Prepares work papers to support compliance improvement work and updates electronic tool/system with current status to ensure open issues are properly tracked through to closure.
  • Drafts final reports based on test work performed to show that compliance issues and concerns have been resolved in a timely manner and in accordance with established standards.
  • Identifies opportunities to revise policies and procedures to improve the general operation of enterprise compliance programs.

  Educational Requirements

  • University (Degree) Preferred

  Work Experience

  • 3 Years Required; 5 Years Preferred

  Physical Requirements

  • Physical Requirements: Sedentary Work

  
  Career Level
  7IC
  

  Required Qualfiications:

  • 5+ years of AML/Compliance Investigation Experience
  • Prior experience within the Banking Industry
  • Experience with Suspicious Activity Reports (SARs)
  • Strong written and communication skills
  • Good analytical, critical thinking and time management skills

  Preferred Qualifications:

  • CAMS Certification
  • Bachelor’s Degree

  Base Pay Range: $75,500/yr. - $125,800/yr.

  Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

  _____________________________________________________________________________________________________

  Company Overview

  TIAA Bank, a division of TIAA, FSB, provides nationwide banking services to consumer and commercial clients through a variety of channels, including online and mobile applications, as well as its Florida-based financial centers.

  TIAA has entered into a definitive agreement to sell TIAA Bank to new investors with extensive experience in financial services, as part of the company’s strategy to refocus on its core retirement business and Nuveen, the company’s asset manager. When the transaction is complete, in 2023, TIAA will retain a non-controlling stake in the bank, demonstrating the company’s confidence in the bank’s future success.

  Benefits and Total Rewards

  The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

  Equal Opportunity

  We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

  Read more about the Equal Opportunity Law here.

  Accessibility Support

  TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

  If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

  Phone: (800) 842-2755

  Email: accessibility.support@tiaa.org

  Privacy Notices

  For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

  For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

  For Applicants of Nuveen residing in Europe and APAC, please click here.

  For Applicants of Greenwood residing in Brazil (English), click here.

  For Applicants of Greenwood residing in Brazil (Portuguese), click here.

  For Applicants of Westchester residing in Brazil (English), click here.

  For Applicants of Westchester residing in Brazil (Portuguese), click here.

• About the company

  The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, is a Fortune 100 financial services organization that is the leading provider of financial services in the academic, research, medical, cultural and governmenta...

Notice