AML Compliance Officer

New York Racing Association•El Monte, CA

1d•$90,000 - $135,000•Hybrid

About The Position

Seasoned individual contributor, who works independently with minimal supervision. Supports the implementation and continuous improvement of NYRA's anti-money laundering and compliance activities. Administers key components of the AML compliance program, supports regulatory reporting obligations, reviews and escalates suspicious activity, maintains AML-related policies and procedures, coordinates training efforts, and partners across business units to promote compliant operations and risk awareness.

Requirements

Bachelor’s degree required.
Minimum eight years of experience in financial services data analysis and reporting.
Proficiency in Excel, Word, and PowerPoint.

Nice To Haves

JD, MBA, or CPA preferred, but not required.
Experience in AML or a related compliance field strongly preferred.

Responsibilities

Works independently under limited supervision to execute AML and compliance responsibilities, exercising a high level of decision making to resolve problems and roadblocks as they occur.
Maintains knowledge of applicable AML laws, regulations, and reporting obligations to support the administration and continuous improvement of NYRA's AML compliance program.
Prepares and files required FinCEN/BSA reports, including Currency Transaction Reports, Form 8300, Money Services Business Registration filings, and suspicious activity reports, as necessary and in a timely manner.
Reviews, evaluates, investigates, and documents suspicious activity or transactions and escalates matters for reporting or further review where appropriate.
Supports adherence to NYRA's AML Customer Identification Program and Know Your Customer due diligence protocols in partnership with relevant business units.
Creates, maintains, and updates AML-related policies, procedures, and associated controls and supports updates to applicable automated systems as needed.
Partners with Human Resources and other departments to maintain effective AML training, including introductory training for new employees and periodic refresher training.
Maintains required files and registrations and supports responses to law enforcement requests as directed by management.
Prepares written reports, summaries, and communications regarding AML activity, emerging issues, and compliance matters for management and staff.
Assists in identifying, monitoring, and reporting on other NYRA compliance responsibilities as assigned.