AML COMPLIANCE OFFICER – 6 YEARS AML EXPERIENCE WITH A BROKER DEALER REQUIRED 

 

$100K -$130K+ BONUS & BENS     NYC

Ref:4139D

 

Our client, a leading broker dealer, is seeking an  Anti-Money Laundering Compliance Officer to be responsible for overseeing and managing the Firm's AML, BSA, and OFAC compliance programs. Duties will include;

  • Coordinate with external vendors for the internal annual AML audit, providing relevant documentation from all business lines to facilitate the audit process.
  • Assist the Chief Compliance Officer in responding to inquiry letters and preparing Suspicious Activity Reports (SARs) as needed.
  • Conduct research and provide guidance on new business or account requests with the New Accounts team to ensure compliance with regulatory standards and internal policies.
  • Manage the Bi-Weekly Financial Crimes Enforcement Network (FinCEN) file download and distribution process to the New Accounts Team
  • Manage a Periodic Know Your Customer Review Program, including best execution procedures to enhance customer due diligence processes.
  • Review Risk Ratings for new customers and assign internal AML Risk Ratings based on established criteria and guidelines.
  • Develop, implement, and maintain the company's AML policies and procedures tailored to our specific business risks in the high-frequency trading environment
  • Supervise the monitoring of clients' transactions for compliance with AML regulations, with particular focus on the unique risks of low-priced securities and direct market access
  • Ensure full compliance with SEC's Market Access Rule (15c3-5), which requires risk management controls and supervisory procedures
  • Conduct comprehensive risk assessments of the firm's AML program, including customer, product, and geographic risks
  • Ensure timely and accurate filing of Suspicious Activity Reports (SARs) with appropriate details and narratives
  • Design and implement transaction monitoring system specific to broker-dealer operations

You should have at least 6 years experience in a similar broad AML with another broker dealer with in-depth knowledge of AML regulations and best practices. Please note the role is hybrid ie 3days pw in their Midtown office

So, if that sounds like you, then please send your details to our MD, David Symes FCA at david@compliancerecruitment.com  (including contact no) however please note we cannot reply to all applications so only successful applications will be contacted (although under no circumstances are your details ever passed on without your specific permission).

 

Compliance Recruitment Solutions Limited (CRS) and Symes Collins are acting as an employment agency in relation to this role.

The recruiter has stated that all applicants for this job should be able to prove that they are legally entitled to work in the UK. Through application, all candidates signify their acceptance of the above information and confirm that the information they provide is true and accurate to the best of their knowledge