AML Compliance Screening Specialist
About The Position
At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career. As a Screening Specialist in our Global Financial Crimes Compliance (“GFCC”) Central Screening Unit (“CSU”), you will be responsible for reviewing alerts generated from the sanctions screening of transactions, including cash payments, trade instructions, securities holdings and client related names In support of the Firm’s custody, private banking, investment management, and technology businesses’ you will be responsible for screening, identifying hits which warrant additional research, and escalating potential sanctions violations and/or reputational/financial risks. Your ability to manage time efficiently and effectively and your excellent organizational and communication skills will allow you to serve as an integral member of the team. If you are looking to push your career to the next level, introduce yourself by submitting your resume.
Requirements
- BA/BS degree or equivalent work experience.
- 1-3 years of fundamental Sanctions knowledge or related Anti-Money Laundering (AML) experience is recommended.
- Ability to see through gray areas and assess AML-related risks.
- Detail oriented and investigative/administrative ability.
- Ability to identify, escalate and resolve a problem.
- Ability to multi-task, adhere to intra-day deadlines, and work in a team environment.
- Strong knowledge of laws applicable to money laundering, including the Bank Secrecy Act, USA Patriot Act, US Treasury AML guidelines, OFAC requirements, a plus.
- NOTE - this is a fully remote role, but to be eligible candidates must reside in the Central NY/Utica or Pittsburgh area.
Nice To Haves
- Banking Operational background, specifically in SWIFT, CHIPS, payments message types, a plus.
- Knowledge of FircoSoft or related sanctions screening systems strongly preferred.
- Access to a high speed broadband internet connection
- Position requires occasional holiday coverage.
Responsibilities
- Using your analytical and investigative skills conducting Level 1 (L1 - initial review) of sanctions screening for real time and post transactional review of hits in FircoSoft (automated sanctions screening system) at an enterprise level for potential violations of Office of Foreign Asset Controls (“OFAC”), other governmental sanctions regimes, Internal Interdict list and FinCEN 314(a) in accordance with defined procedures. Hits are generated from, but not limited to screening of transactions, cash payments, trade instructions, corporate action messaging, and client-related names (i.e. Beneficial owners and/or interested parties).
- Conducting manual sanctions screening and providing timely response to various requests/inquiries received within the sanction’s mailbox from multiple areas of the bank including but not limited to Mutual Funds, Corporate Actions and Trade Management.
- Performing control reconciliation functions of daily reviews to ensure all hits are addressed/escalated in a timely manner.
- Ensuring that policies and procedures are adhered to daily and have this evidenced.
- Developing an understanding of AML/OFAC requirements and implications.
- Identifying problem items and escalating to the Lead/Supervisor as necessary.
- Communicate professionally and constructively to effectively resolve issues in a timely and efficient manner.
- Staying abreast of regulatory changes and AML-related news, with an emphasis on OFAC sanctions-related developments.
- Working closely with colleagues in broader compliance discipline and lines of business.
Benefits
- BBH’s compensation program includes base salary, discretionary bonuses, and profit-sharing.
- BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
11-50 employees
