AML Compliance Officer
You will develop and maintain AML policies, controls, and monitoring programs. You will investigate suspicious activity, lead customer due diligence and risk-rating efforts, oversee surveillance requirements, prepare regulatory reports, and work with internal stakeholders to maintain compliance with applicable regulations.
Responsibilities
- Develop, implement, and maintain AML policies, procedures, and controls
- Conduct AML and sanctions risk assessments
- Manage AML-related regulatory inquiries, examinations, and reporting obligations
- Investigate flagged transactions and activities
- Oversee customer cashiering activity surveillance, trade surveillance, and KYT requirements
- Improve AML monitoring systems, reporting, and analytics
- Lead CDD, EDD, and customer risk-rating efforts
- Maintain AML investigation and reporting records
- Prepare and oversee Suspicious Activity Reporting and 314(a) and 314(b) activities
- Collaborate with account operations, banking operations, fraud, legal, audit, engineering, and data analytics
Requirements
- Bachelor's degree in finance, business administration, or a related field
- Extensive AML compliance experience within a broker-dealer firm
- Knowledge of KYC, CDD, EDD, sanctions, OFAC, AML laws, regulations, and industry best practices
- Knowledge of the Bank Secrecy Act, USA PATRIOT Act, CFTC, NFA, and FINRA AML rules
- Strong analytical and investigative skills
- Excellent written and verbal communication skills
- Series 3, Series 4, Series 7, Series 24, and Series 63 licenses
Benefits
- Performance bonuses
- Stock purchase options
- Medical, vision, and dental benefits
- 401k plan
- 20 paid vacation days plus a birthday vacation day
- 10 paid sick days
- Gym membership reimbursement
- Commuter benefits
- Pet insurance
- Wellness and mental health programs
- Charitable donation matching
- Two paid volunteer days off
- Daily catered lunch when in the office
- Snacks and beverages
- In-building gym
- Shuttle to and from Metra