We are currently seeking a pragmatic, innovative, proactive and driven financial services compliance professional to act as the AML Compliance Officer. The role is responsible for developing, implementing, administering, and maintaining all aspects of the BSA/AML Compliance Program.
Responsibilities include, but are not limited to:
- Effectively coordinate and execute an dynamic AML Compliance Program in compliance with current industry best practices, regulatory guidance and requirements
- Develop and administer the AML transaction monitoring systems to ensure appropriate parameters are in place to identify suspicious transactions and activity
- Develop an effective AML surveillance reporting program including a program to identify and detect suspicious transactions
- Administer the AML training program for management and all associates and provide detailed guidance on the AML program as well as related firm-wide policies and procedures
- Establish an effective global sanctions monitoring program including OFAC and other relevant jurisdictions
- Conduct periodic risk assessments with considerations to customers, products, services, members and geographies that may present AML risks
- Provide strategic direction to the AML team (which could include operational, analytical or risk management components) that monitor and analyze trends, patterns, and external factors impacting firm’s money laundering risk
- Respond to periodic examinations/audits by FINRA, SEC and independent firms
- Perform other duties as required and assigned
Experience and Skills
- Advanced knowledge of AML and sanctions compliance rules and regulations in the banking and securities industry
- Experience as an AML Compliance Officer for a bank or large broker dealer with a variety of businesses including wealth management
- Active FINRA Series 7 and 24 and ACAMS
- Strong decision making and investigative skills, analytical skills as well as problem-solving, and critical-thinking skills
- Highly organized and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency
- Excellent communication and presentation skills with the ability to communicate effectively across various departments and levels of the organization
- Executive-level business acumen in the areas of business operations, industry practices and emerging trends
- Strong management and supervision skills
- Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint)
- Ability to work in a constant state of alertness and safe manner