AML Transaction Monitoring Supervisor

Jefferies Financial Group • Jersey City, NJ

6d • $90,000 - $120,000

About The Position

AML Transaction Monitoring Supervisor The Financial Crimes Systems Transaction Monitoring (TM) Supervisor will play a pivotal role in leading financial crimes compliance transaction monitoring team at Jefferies LLC. This role requires a deep understanding of Anti-Money Laundering (AML) Transaction monitoring and alert management. The AML individual will manage a team of AML analyst and collaborate with multiple stakeholders including external vendors, consultants, and internal IT support to ensure adequate detection, investigation and reporting of potentially suspicious activity. Responsibilities: Key responsibilities of this role will include managing the AML Compliance teams review and investigation of systemically generated transaction monitoring alerts and referrals of potentially suspicious activity, ensuring appropriate decision making and documentation to support investigation findings, and producing key surveillance metrics for management. Reviewing and assessing markets trade surveillance escalations for potential insider trading, market manipulation or other fraudulent activity. Actively participating in, and responding to, audits, regulatory exams, and risk assessments focusing on the Firm’s transaction monitoring program. Assisting in establishing monitoring protocols for, and providing relevant training and guidance to, the AML Compliance team. Collaborating with relevant business unit coverage compliance officers, AML compliance officers and IT support staff to enhance the Firm’s systemic AML transaction monitoring systems. Identifying and escalating issues associated with the Firm’s AML transaction monitoring systems. Acting as a point of contact and providing periodic coverage of electronic funds transfers screening against relevant government sanctions list via the SWIFT Transaction Monitoring system. Knowledge, Skills, and Abilities: Solid understanding of AML, TM and other financial crime compliance regulations and industry best practices Understanding of risk-based approaches to monitor and identify high-risk areas within the business Excellent communication and problem-solving skills, with the ability to manage relationships with competing work priorities across a wide range of stakeholders including technical teams, compliance officers, vendors, consultants and senior management Comfortable adapting to and thriving in a dynamic, fast-paced environment Strong analytical skills to diagnose issues, propose solutions, and implement changes effectively Education, Training, and Experience: Bachelor’s degree 5+ years of experience in financial crimes compliance, surveillance, and fraud detection. Prior supervisory experience necessary Strong knowledge of AML and sanctions practices Experience working with large datasets and an understanding of data flows within compliance systems. Proven experience managing complex system projects with multiple stakeholders preferred. Experience working with Oracle for AML Transaction Monitoring preferred CAMS or equivalent certification in AML transaction monitoring preferred Fluent in Excel, Word and PowerPoint

Requirements

• Solid understanding of AML, TM and other financial crime compliance regulations and industry best practices
• Understanding of risk-based approaches to monitor and identify high-risk areas within the business
• Excellent communication and problem-solving skills, with the ability to manage relationships with competing work priorities across a wide range of stakeholders including technical teams, compliance officers, vendors, consultants and senior management
• Comfortable adapting to and thriving in a dynamic, fast-paced environment
• Strong analytical skills to diagnose issues, propose solutions, and implement changes effectively
• Bachelor’s degree
• 5+ years of experience in financial crimes compliance, surveillance, and fraud detection
• Prior supervisory experience necessary
• Strong knowledge of AML and sanctions practices
• Experience working with large datasets and an understanding of data flows within compliance systems
• Fluent in Excel, Word and PowerPoint

Nice To Haves

• Proven experience managing complex system projects with multiple stakeholders preferred
• Experience working with Oracle for AML Transaction Monitoring preferred
• CAMS or equivalent certification in AML transaction monitoring preferred

Responsibilities

• managing the AML Compliance teams review and investigation of systemically generated transaction monitoring alerts and referrals of potentially suspicious activity, ensuring appropriate decision making and documentation to support investigation findings, and producing key surveillance metrics for management
• Reviewing and assessing markets trade surveillance escalations for potential insider trading, market manipulation or other fraudulent activity
• Actively participating in, and responding to, audits, regulatory exams, and risk assessments focusing on the Firm’s transaction monitoring program
• Assisting in establishing monitoring protocols for, and providing relevant training and guidance to, the AML Compliance team
• Collaborating with relevant business unit coverage compliance officers, AML compliance officers and IT support staff to enhance the Firm’s systemic AML transaction monitoring systems
• Identifying and escalating issues associated with the Firm’s AML transaction monitoring systems
• Acting as a point of contact and providing periodic coverage of electronic funds transfers screening against relevant government sanctions list via the SWIFT Transaction Monitoring system

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees