AML Compliance Officer FIC & CRU – Vice President

Full Time

Madison-Davis

EXTERNAL ROLE

Overview

Anti-Financial Crime (AFC) Compliance is responsible for overall Anti-Money Laundering (AML) Program, including oversight of the New Client Adoption (NCA) and Know Your Customer (KYC) processes. As the AML Compliance Officer (AMLCO), you will handle the KYC process for High Risk clients, with a specific focus on Regular (aka Periodic) KYC Reviews, Event Driven Reviews, and remediation of KYC files for all businesses within Fixed Income and Currencies (FIC) and Capital Release Unit (CRU). To be successful in this role, you will need to be able to get up to speed with content quickly and learn how to navigate the organization across the global and regional AFC, Operations, Legal, Client Lifecycle Management (CLM) and Business teams.

Your Key Responsibilities:

  • Advise and support the FIC & CRU business on clients, products, and transactions with potential financial crime risks; apply practical standards of the AFC compliance program and respond on dispensations request
  • Advise the FIC & CRU business on reputational risk, pre adoption request, and other advisory cases with potential financial crime risks; from time to time act as a delegate to regional head and attend related committees
  • Meet regularly with key Business Partners to ensure AFC risk is properly understood and communicated; provide guidance on AML/OFAC issues and trends to Business Partners
  • Provide guidance and respond to queries from various internal groups (including the Front Office, the Middle Office, CLM, Legal, Advisory Compliance, etc.) relating to complex AFC issues
  • Support regional client remediation initiatives for FIC and CRU business; facilitating the review of the overall AFC Compliance program including risk analysis, periodic high risk account reviews, EDR, quality controls reviews, and ensuring a consistent EDD review and approval is applied
  • Support regional head in management of FIC and CRU Internal Audit and External Audit points to successful completion; provide support in coordinating/responding for requests for information for Internal Audit, Regulators, and Law Enforcement as part of audits, examinations, and investigations

Your Skills and Experience:

  • Minimum undergraduate degree or equivalent
  • 5+ years experience
  • An advanced degree (e.g. JD, MBA, etc.) is a plus (not required)
  • Extensive working experience in the financial industry within AFC Compliance, Legal or Regulatory Change functions
  • Superior knowledge of relevant AFC laws/regulatory requirements, particularly with respect to Investment Bank products; CAMS Certification (preferred, but is not required)
  • Proven strong academic track record

How You’ll Lead:

  • AFC Compliance, Legal or Audit experience, particularly in connection with KYC and the Regular Review process
  • Knowledge of investment banking and institutional broker-dealer
  • Knowledge of 3rd EU Money Laundering Directive and other FATF AML priorities (preferred)
Upload your CV/resume or any other relevant file. Max. file size: 2 GB.

Share on
Print