Bancorp Support Member Jobs
Industry: Private
Employment Type: Full Time
Work Hours: 8
Salary: £35 – £45Hour
Location: United Kingdom
Company: Fifth Third Bancorp
Description:
Bancorp Support Member Jobs
GENERAL FUNCTION:
Works both independently and within teams to conduct complex data analysis and identify, assess and mitigate financial crimes risk. Executes policies and procedures to meet the bank’s compliance with laws, regulations, and industry standards. Assumes leadership responsibilities within a group or team.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
Bancorp Support Member Jobs
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Assumes team leadership roles and responsibilities as required by management.
Possesses strong working knowledge of financial crimes trends and typologies.
Meets regulatory and business deadlines.
Makes appropriate risk decisions related to financial crimes risk.
Writes accurate and complete reports that are supported by facts.
Considered a subject matter expert in the specific field for which they have a responsibility and the related Bancorp policies and procedures
Performs required tasks with minimal supervision.
May lead team meetings or conduct one-on-ones with peers or direct reports
Understands the impact of organizational changes and assists with communicating those changes.
Maintains knowledge of current and emerging issues and risks in the compliance and regulatory environment.
Contributes to financial crimes policies, procedures, and risk assessments as required.
Identifies areas of process improvement to increase departmental efficiencies.
Manages projects designed to improve the quality or efficiency of work produced.
Maintains strong working relationships with all business lines and support groups.
Prepares and manages communications with business lines, support groups, and external parties to ensure timely receipt of the requested information.
Conducts complex data analysis and document findings appropriately.
Leads special projects as assigned.
Provides data and analytical support to business partners.
Bancorp Support Member Jobs
BANK SECRECY ACT REQUIREMENTS:
Responsible for adhering to the reporting and record keeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank’s customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.
SUPERVISORY RESPONSIBILITIES: May have supervisory responsibilities for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.
Bancorp Support Member Jobs
MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:
Bachelor’s degree or equivalent work experience required.
Five + years of financial crimes or equivalent experience.
Strong understanding of financial crimes trends, typologies, and regulatory requirements.
Solid understanding of first lines operational and organizational structure and Fifth Third Bank products and services.
Excellent oral and written communication skills.
Ability to effectively communicate with all levels of the organization in a clear concise manner.
Must be able to demonstrate sound judgment and apply logical and critical thought processes when developing solutions or recommendations.
Highly organized with the ability to multi-task and work under stringent deadlines.
Ability to work independently and have strong analytical, problem-solving, and conflict resolution skills.
Possesses the ability to maintain professional composure in a dynamic work environment that often requires the management of multiple and competing priorities.
Ability to provide continuous coaching and training support to employees as required.
Demonstrates decisive leadership ability.
Demonstrates working or functional proficiency sufficient to apply the use of software applications (primary bank and financial crimes applications & Microsoft Office Suite) without assistance and minimal supervision
Bancorp Support Member Jobs
About the Fifth Third Bancorp Company :
Fifth Third Bancorp is a prominent American financial services company headquartered in Cincinnati, Ohio. It offers a wide range of banking, investment, and insurance products and services primarily in the Midwest and Southeast regions of the United States. There isn’t a direct equivalent or subsidiary of Fifth Third Bancorp operating under the same name in the United Kingdom.
In the UK, financial services companies similarly offer a comprehensive array of banking and investment services to individuals, businesses, and institutional clients. These companies operate under UK regulatory frameworks and provide services such as retail banking, commercial banking, wealth management, and corporate finance advisory.
UK-based financial institutions play a crucial role in the country’s economy by facilitating capital allocation, supporting business growth, and managing financial risks. They adhere to rigorous regulatory standards set by authorities like the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to ensure consumer protection and financial stability.
While Fifth Third Bancorp does not have operations in the UK, its core principles of customer-centric service, innovation in financial products, and community involvement align with the values upheld by many UK-based financial institutions. These institutions emphasize transparency, integrity, and responsible financial practices in serving their clients and contributing to the broader financial ecosystem.
In summary, while Fifth Third Bancorp operates exclusively in the United States, its approach to banking and financial services shares common ground with UK-based financial institutions in terms of delivering value, fostering innovation, and maintaining high standards of governance and compliance.
Bancorp Support Member Jobs
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