Analyst, AML & Financial Crimes - Client Identification Program

Raymond James•Saint Petersburg, FL

1d•Hybrid

About The Position

This position is for the Customer Identification Program (CIP) Team with a primary focus in verifying individual and entity profiles to meet regulatory Know Your Client (KYC) requirements. Under limited supervision, specialized knowledge and skills in securities and/or banking industry compliance obtained through experience, specialized training, and/or certification are used to monitor and investigate transactions for suspicious activity to ensure compliance with AML rules and regulations. Assists on projects of moderate scope and complexity and serves as a technical advisor to various business lines. Resolves or recommends solutions to complex problems. Extensive contact with internal customers is required to identify, research, and resolve problems.

Requirements

Customer Due Diligence, Enhanced Due Diligence, and other KYC policies and procedures.
Concepts, practices, and procedures of securities industry and/or banking compliance reviews.
Rules and regulations of the USA PATRIOT Act.
Experience with investigative techniques and report writing.
Securities industry knowledge and/or financial services industry experience.
Fundamental investment concepts, practices, and procedures used in the securities industry.
Principles of banking and finance and securities industry operations.
Financial markets and products.
Administering anti-money laundering policies and procedures.
Planning and scheduling work to meet regulatory organizational, and regulatory requirements.
Identifying and applying appropriate compliance monitoring procedures and tests.
Interpret and apply anti-money laundering regulations and identify and recommend compliance changes as appropriate.
Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
Communicate effectively, both orally and in writing.
Independently research and resolve issues while working across teams to acquire information.
Provide a high level of customer service.
Establish and maintain effective professional working relationships at all levels of the organization.
Handle highly confidential information professionally and with appropriate discretion.
Maintain currency in anti-money laundering rules and regulations, compliance examination techniques, and best practices.
Bachelor’s Degree (B.A.) from a four-year college or university in a related field and a minimum of 3-5 years’ experience in compliance in the securities or banking industry with a focus in anti-fraud/Anti-Money laundering activities.
Any equivalent combination of education, training and/or experience approved by Human Resources.

Responsibilities

Conducting research utilizing available systems, databases, and the internet, consistent with the resolution of investigations.
Documenting and reporting the investigation findings in the case management system and preparing reports to management as required.
Drafting reports detailing work performed and conclusions reached, which require minimal editing and provide a clear message including suggested corrective and/or remedial action.
Developing metrics and reporting measures as directed and reporting results to management.
Investigate potential negative media alerts to identify whether a true match to a prospective or existing client and escalate, as appropriate, to Management.
Perform reviews and analysis utilizing internal and third-party research tools.
Abide by policies and procedures to ensure compliance with regulations related to money laundering included in the USA PATRIOT Act.
Mentor colleagues/peers on internal AML policies, rules, and regulations.
Inform senior management about issues that may involve rule violations or potential liability.
Maintain currency in laws and regulations pertaining to anti-money laundering compliance.
Perform other duties and responsibilities as assigned.