Associate, Americas Financial Crime
About The Position
About this role BlackRock's Global Compliance Department protects BlackRock’s reputation and provides advice to the business focused on ensuring the protection of our client’s best interests. The department is a dynamic environment with the team focused on understanding evolving business strategy, challenging and advising on the impact of regulation in our business, with the objective of: Actively participating in business decisions to champion our clients’ interests and assist the business in translating Compliance into their daily work and decision making; Cultivating and enhancing BlackRock’s compliance culture; Providing thought leadership on the impact and implementation of regulation to our business and to the market; and Developing and fostering excellence within the Compliance team. Job Purpose: This role is part of the Global Financial Crime Team based in San Francisco, responsible for implementation of strategic priorities as it relates to Financial Crime compliance initiatives for BlackRock’s limited purpose trust bank. The role reports to the AMRS Head for Financial Crime compliance.
Requirements
- The successful candidate should have 3-5+ years of experience in AML or Financial Crime areas at other financial institutions.
- Knowledge of AML regulations; including the U.S. Bank Secrecy Act, the USA PATRIOT Act, OCC regulations and OFAC requirements.
- Excellent communication, judgment, and business partnership skills.
Nice To Haves
- Experience with the Office of the Comptroller of the Currency (“OCC”) would be an advantage.
- Understanding of fraud and sanctions risks would be beneficial.
- Experience in investigations or monitoring would be an advantage.
- Proactive, self-motivated and with excellent organizational skills with ability to prioritize workloads and adhere to deadlines.
- Proven ability to work as part of a team and independently.
Responsibilities
- Partner with key stakeholders including business, operations, risk management, legal and compliance to conduct due diligence on clients, and transactions.
- Perform quality control reviews of transaction monitoring alerts.
- Periodically conduct in-depth investigations of suspicious activity.
- Support the collection, organization, and evaluation of data for the AML and Sanctions Risk Assessment process and reports.
- Assist with the internal escalation and assessment of higher risk clients.
- Undertake governance and management reporting.
- Assist with the development and implementation of policies and procedures.
- Assist and support annual regulatory examinations and internal audits.
- Work within a global team and communicate effectively to members of that team.
- Participate with AMRS FC team in Dashboard trade clearance.
- Provide advice on high risk onboardings.
- Conduct transfer agent reviews on transfer agents.
- Provide FC Advisory coverage where needed within team.
- Conduct FC trainings for business and L&C.
Benefits
- employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
- strong retirement plan
- tuition reimbursement
- comprehensive healthcare
- support for working parents
- Flexible Time Off (FTO)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
