AML Transaction Investigator

Oppenheimer & Co. • New York, NY

109d • $75,000 - $100,000

About The Position

Oppenheimer & Co. Inc is seeking an AML Investigator to join their AML Group in our New York office. The Investigator will perform investigations for our growing international based retail and institutional clients maintained at the firm. This role is specific to being a self-starter, with the ability to obtain transactional data from a variety of sources (both internal and external) to execute detailed analysis and reporting of findings to senior management. The focus of the role will be an AML investigator who maintains a high level of technical proficiency in identifying trends in data across multiple inputs. The individual should pose advanced excel skills with the ability to homogenize disparate data to perform sophisticated research related to transactional trends and red flags. This can / may be accomplished using a multitude of technical platforms.

Requirements

• An acute investigative prowess, with the ability to think critically in identifying AML typologies and patterns
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product type, customer type, etc.)
• Excel, VBA, Access, SQL proficiency
• Prior Broker Dealer experience, understand investment products, financial instruments, and anticipated/expected customer behavior in order to effectively identify risk and suspicious activity
• Excellent verbal and written communication skills
• Bi-lingual Spanish / English is preferred
• Minimum of two years with direct experience in areas of private wealth management, focusing on emerging markets accounts along with domestic accounts
• Bachelor's Degree required
• Certified Anti-Money Laundering Specialist (CAMS)
• 4-6 years of experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations
• Proficient in reviewing and clearing AML surveillance alerts; use of Actimize a plus
• Experience with articulating detailed investigation analysis and results
• Knowledge of applicable anti-money laundering laws, including the Bank Secrecy Act, the USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements

Responsibilities

• Perform annual High risk account activity reviews
• Conduct in depth strategic initiatives related to on-going AML transaction or trade-based monitoring, concerns and red flags
• Prepare Suspicious Activity Report (SAR) filings
• Effectively communicate laterally and horizontally, both within AML Compliance and within the branches/business
• Recommend appropriate follow-up and possible action for customers that exceed the Firm's risk tolerance
• Flexible to perform other functions as requested by management

Benefits

• Discretionary bonus eligibility

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree