Working within the Banking Department, this individual will act as a strategic partner and liaison between the Banking Department, Internal Audit, Legal, IT, as well as Paycom's banking partners and state and federal regulatory agencies. They will help coordinate the completion of internal and external audit requests and will work with department resources to ensure deadlines are met. They will ensure compliance with Paycom's Anti-Money Laundering (AML) Program including reporting activities. They will also be involved with handling and researching complex banking issues while helping create and maintain a positive and cohesive environment. They will assist the Banking Director with various projects and will assist with the coordination of duties to ensure all critical functions are completed timely as needed.

RESPONSIBILITIES

Act as strategic partner and liaison between Banking Department, Internal/External Audit, Legal, and IT as well as Paycom's external banking partners and local, state and federal agencies to ensure regulatory compliance is maintained.

Coordinate all activities related to the compliance of Paycom's AML Program including but not limited to:

Identify, develop, and oversee all regulatory reporting requirements.

Ensure proper resources are available to meet audit and/or regulatory deadlines.

Monitor various AML reports to identify, document, and report such activities to management and appropriate state and federal agencies such as filing Suspicious Activity Reports (SAR's) as required by law.

Collaborates with Banking Leadership to fulfill all internal/external audit requests making sure all documentation is accurate and complete and deadlines are met.

Responsible for the documentation and reporting of Unclaimed Property

Monitor fraud trends and recommend strategies to deter fraudulent activity.

Investigate potentially fraudulent activity and report findings to management.

Assist with activates related to compliance with the following:

State Departments of Banking

OFAC - Office of Foreign Assets Control

AML - Anti-Money Laundering

NACHA Rules

FinCEN - Financial Crimes Enforcement Network

BSA - Bank Secrecy Act

SOX - Sarbanes Oxley

SOC1 / SOC2

Monitors changes in regulatory or legal requirements and helps recommend/implement a course of action to ensure compliance is maintained.

Assists in training personnel on current or changing policies, procedures, and regulations

Assist the Banking Risk Management team with other risk mitigation activities.

Performs other duties as assigned

Qualifications

Education/Certification:

Bachelor's degree or equivalent experience

Experience:

2+ years of experience in Banking, Finance or Auditing position

PREFERRED QUALIFICATIONS

Education/Certification:

Bachelor's degree in Business or Finance

Certified Anti-Money Laundering Specialist (CAMS)

Experience:

2+ years of Banking Operations experience

Skills/Abilities:

Intermediate knowledge of accounting

Intermediate knowledge of Word

Advanced knowledge of bank operations

Advanced reconciliation techniques

Advanced knowledge of Outlook

Advanced knowledge of Excel

Intermediate knowledge of banking rules and regulations.

Work in a fast-paced environment

Ability to meet critical deadlines

Excellent written and verbal communication skills

Maintain effective working relationships with others

Work flexible hours (if needed)

Eagerness to continue learning

Ability to juggle multiple tasks effectively

Ability to prioritize tasks in order of importance

Very detail oriented

Ability to successfully navigate multiple online banking applications

Impeccable integrity

Paycom is an equal opportunity employer and prohibits discrimination and harassment of any kind. Paycom makes employment decisions on the basis of business needs, job requirements, individual qualifications and merit. Paycom wants to have the best available people in every job. Therefore, Paycom does not permit its employees to harass, discriminate or retaliate against other employees or applicants because of race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, military and veteran status, age, physical or mental disability, genetic characteristic, reproductive health decisions, family or parental status or any other consideration made unlawful by applicable laws. Equal employment opportunity will be extended to all persons in all aspects of the employer-employee relationship. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, training, promotion, discipline, compensation benefits, and separation of employment. The Human Resources Department has overall responsibility for this policy and maintains reporting and monitoring procedures. Any questions or concerns should be referred to the Human Resources Department. To learn more about Paycom's affirmative action policy, equal employment opportunity, or to request an accommodation - Click on the link to find more information: paycom.com/careers/eeoc

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Banking Regulatory Compliance Specialist