AML Compliance Officer - Broker Dealer
Company: Infinity Consulting Solutions
Location: Miami
Posted on: August 8, 2022
Job Description:
Location: Miami, FL Job Title: AML Compliance Officer - Broker
Dealer
AML Transaction Monitoring is necessary to identify and protect the
firm from activity that may be unusual and/or indicative of
potential money laundering, fraud and other types of financial
crime. As part of the AML Group's Transaction Monitoring function,
the AML Transaction Monitoring Officer will be responsible for
conducting a variety of tasks such as BAU Alert reviews, SAR
drafting, enhanced due diligence, metrics reporting and related ad
hoc projects. S/he will utilize internal and external investigative
resources and apply logical research techniques. Your Key
Responsibilities:
- Manage daily alert volumes and investigations; escalate matters
to AML manager as necessary
- Conduct additional reviews on transactional history and client
profile to determine the applicable course of action; request
additional information when needed
- Memorialize rationale on how alerts or investigations are
dispositioned; conduct follow up reviews where necessary
- Prepare narratives and supporting information needed for filing
Suspicious Activity Reports (SARs)
- Develop a monthly metrics reporting process with AML
Manager/team members to provide information on alert volumes,
statuses and pending matters
- Work with AML Manager/team members in drafting enhanced desktop
procedures
- Keep abreast of new rules, regulations and reputational risks
to further improve our investigation processes. Able to conduct
complex investigations involving matters such as multiple
relationship accounts,
- Learn and develop a thorough comprehension of internal AML
typologies relating to specific business lines. Utilize internal
and external sources, and partner with other members within AML
team to research and investigate cases. Your Skills and Experience:
- 5+ years experience in conducting alert reviews, investigations
and handling transaction monitoring remediations
- Must have Institutional (Investment Banking) and Retail Broker
Dealer experience in this function
- Good understanding of transaction monitoring scenarios
logic
- Ability to conduct enhanced due diligence and screening
- Knowledge of AML, KYC, CIP, OFAC, PATRIOT Act, requirements and
regulations .
- Experience in conducting comprehensive investigations and
account activity analysis
- Excellent writing and analytical skills
- Strong problem-solving skills
- Operational knowledge of USD payment systems, including SWIFT,
CHIPS, ACH, and FedFunds
- Good working knowledge of MS Excel, including pivot tables,
macros, filtering, and sorting.
- Experience using LexisNexis, World Check or similar tools for
due diligence
- CAMS certification a plus
Keywords: Infinity Consulting Solutions, Miami , AML Compliance Officer - Broker Dealer, Sales , Miami, Florida
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