• Compliance, AML Risk Management and Control, Associate/VP

    Location(s) US-NY-New York
    Job ID
    Schedule Type
    Full Time
    Business Unit
    Transaction Surveillance Group
    Employment Type


    Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. 


    Principal Responsibilities

    • Supporting compliance personnel in capturing, analyzing, and documenting requirements and process flows, including drafting specification and business requirement documents
    • Assisting in the development and implementation of surveillances, including transactional monitoring and detection scenarios and other FCC applications
    • Maintain standards for rule tuning, BTL (Below the Line) testing, ABL (Above the Line) testing
    • Support ongoing optimization to the effectiveness of all in scope BAU transaction monitoring systems, scenarios and rules
    • Developing and proposing recommendations to address identified issues/risks as well as areas and processes requiring optimization and improvement
    • Understanding trends in underlying data and advise on mod ling methodologies to detect potential suspicious activity
    • Defining and tracking project milestones while developing, maintaining, and reporting on an overall integrated delivery plan
    • Working with cross-divisional partners, including technology, operations and business personnel through all aspects of strategic and tactical builds of critical compliance program elements
    • Ensuring the completion of project documentation to meet regulatory/issue requirements

    Basic Qualifications 

    • The role requires a degree (Bachelors/Masters/JD)
    • Preferably at least 3 years working experience in an analytical or technical role in a Financial Crime unit
    • Experience with handling large data sets; familiarity with data cleansing methodologies, and data transfer processes
    • Proficiency with Excel and Access
    • Effective written and verbal communication skills
    • Willingness to adapt in a fast-paced work environment; strong sense of urgency
    • Ability to prioritize work flows and ensure deadlines are met
    • Strong work ethic

    Preferred Qualifications 

    • Understanding of AML and terrorist financing trends and typologies
    • Programming skills (Alteryx, Matlab, R, Python, etc.)



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