"Alerted.org

Job Summary:

Under limited supervision, uses specialized knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training and/or certification to implement Customer Identification Program (“CIP”) requirements in compliance with AML rules and regulations. Leads projects of moderate scope and complexity and serves as a technical advisor to various business lines. Resolves or recommends solutions to complex problems. Extensive contact with internal customers is required to identify, research and resolve problems.

Essential Duties and Responsibilities:

• Manage customer onboarding verification process, including documentation collection and validation, to ensure compliance with AML rules and regulations.

• Review existing and prospective client accounts for potential matches to designated sanctions targets and prohibited persons lists.

• Investigate potential negative media alerts to identify whether a true match to a prospective or existing client and escalate, as appropriate to Management.

• Conduct Enhanced Due Diligence for various business lines on all high risk accounts opened and/or subject to Management approval.

• Perform client due diligence reviews utilizing internal and third-party research tools.

• Prepare and lead AML trainings of targeted divisions within the Firm.

• Abide by policies and procedures to ensure compliance with regulations related to money laundering included in the US PATRIOT Act.

• Mentor colleagues/peers on internal AML policies, rules and regulations.

• Inform senior management about issues that may involve rule violations or potential liability.

• Maintain currency in laws and regulations pertaining to anti-money laundering compliance.

• Perform other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities:

Knowledge of:

• Customer Due Diligence, Enhanced Due Diligence and other KYC policies and procedures

• Concepts, practices and procedures of securities industry and/or banking compliance reviews.

• Rules and regulations of the US PATRIOT Act.

• Fundamental investment concepts, practices and procedures used in the securities industry.

• Principles of banking and finance and securities industry operations.

• Financial markets and products.

Skill in:

• Administering anti-money laundering policies and procedures.

• Planning and scheduling work to meet regulatory organizational and regulatory requirements.

• Identifying and applying appropriate compliance monitoring procedures and tests.

Ability to:

• Interpret and apply anti-money laundering regulations and identify and recommend compliance changes as appropriate.

• Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.

• Communicate effectively, both orally and in writing.

• Independently research and resolve issues while working across teams to acquire information.

• Provide a high level of customer service.

• Establish and maintain effective professional working relationships at all levels of the organization.

• Handle highly confidential information professionally and with appropriate discretion.

• Maintain currency in anti-money laundering rules and regulations and compliance examination techniques and best practices.

Educational/Previous Experience Requirements:

• Bachelor’s Degree from a four-year college or university in a related field and one (1) to three (3) years of experience in AML customer onboarding and investigatory experience.

~or~

• Any equivalent combination of education, training and/or experience approved by Human Resources.

Licenses/Certifications:

• CAMS preferred or ability to obtain.