AML Optimization/ Governance Sr. Analyst

AML (Anti-Money Laundering) Optimization/ Governance Sr. Analyst is responsible for ensuring periodic reviews of the Firm's transaction monitoring rule scenarios, and oversight of the AML Group's policies and standards governance responsibilities.

Additional responsibilities may include risk assessment, record keeping governance, management information, and investigations overflow if necessary.

Responsibilities:

• Work with our transaction monitoring vendor and the FIU Manager to conduct periodic system rule tuning exercises and ensure detection rules are optimized to the business risk footprint.
• Provide oversight and management of AML/FCM policies and standards governance to ensure documentation is comprehensive and complies with regulatory requirements.
• Assist the AML Officer, QC, and Client Intelligence Unit (CIU) Managers in reviewing, developing, and delivering AML Program trainings for all business line stakeholders.
• Partner with AML and Risk to conduct the Annual AML and OFAC Risk Assessment.
• Compile and deliver monthly AML and OFAC management reports to the Chief AML Officer.
• Manage AML and OFAC Program recordkeeping and retention requirements.
• Assist with the annual audit by preparing materials relevant to the assessment of the Bank's AML and OFAC Program.
• Work closely with Managers to execute other strategic initiatives, process improvements, and program enhancements for AML and OFAC.

Education Requirements:

• Bachelor's Degree Preferred, H.S. Diploma or GED certificate + Significant Practical Experience will be considered in lieu of a degree.
• Minimum of high school diploma or equivalent is required.
• ACAMS certification preferred.

Requirements:

• 1 - 3 years of securities industry experience.
• Strong verbal and written communication skills are required.
• Transaction Monitoring Systems experience, such as Actimize, Mantas, with exposure to tuning rule scenarios.
• A considerate approach when dealing with business partners.
• General compliance knowledge, including FINRA, SEC, and Firm-specific rules and regulations.
• Proficiency in MS Office applications (Word, Excel, Access).
• Strong organizational skills and the ability to work within strict timeframes.
• Ability to interpret the Firm's Sales Practice Manual, FINRA manual, Notices to Members, Compliance notices, and other publications concerning broker/dealer regulation, and internal policies and procedures.
• Knowledge of retail brokerage, fee-based advisory business, and common investment products including mutual funds, variable annuities, alternative investments, stocks, and bonds.