CIP and CDD Compliance Supervisor

Jefferies Financial Group • Jersey City, NJ

5d • $90,000 - $120,000

About The Position

The Compliance CIP and CDD Compliance Supervisor role is responsible ensuring that the Firm adheres to CIP and CDD regulatory requirements in coordination with the broader Anti-Money Laundering (team). The role involves creating, maintaining and enforcing the Firm’s written Customer Identification Program and Customer Due Diligence policies, conducting enhanced due diligence and providing advisory guidance.

Requirements

• Solid understanding of CIP, CDD, and Sanctions regulations and industry best practices
• Ability to operate in a fast paced, dynamic environment
• Excellent communication and problem-solving skills, with the ability to manage relationships with competing work priorities across a wide range of stakeholders including onboarding and client refresh teams, front office teams, coverage compliance officers and senior management
• Strong analytical skills to diagnose issues, propose solutions, and implement changes effectively
• Bachelor’s degree
• 5 years+ of CIP, CDD and QA/QC compliance experience at a global financial institution
• Understanding of OFAC economic sanctions
• Fluent in Excel, Word and PowerPoint

Nice To Haves

• Experience working knowledge of Oracle customer list filtering solution preferred
• CAMS or equivalent certification in CIP/CDD/Sanctions preferred

Responsibilities

• Providing advisory guidance with respect to the Firm’s Customer Identification Program (CIP) and Customer Due Diligence (CDD) policies and requirements to CIP compliance team members, customer onboarding/refresh teams and front office business units.
• Managing the assessment, escalation and resolution of adverse media, political exposure, regulatory sanctions and government economic sanctions (Sanctions) generated in connection with the screening of new and existing customer relationships from a reputational and regulatory risk perspective.
• Overseeing the performance of enhanced due diligence in connection with the review and approval of customer relationships designated as Medium or High Risk pursuant to the Firm’s CIP.
• Reviewing, assessing and escalating disclosed customer dealings with sanctioned countries and parties to mitigate potential regulatory and reputational risk exposure to the Firm.
• Assisting with the CIP/CDD quality assurance (QA)/quality control (QC) review processes.
• Coordinating the annual and ongoing review of the Firm’s CIP Risk on a global basis.
• Maintaining and updating the Firm’s Customer Screening, PEP and Customer Risk Assessment guidelines.
• Assisting with the development of the Firm’s annual AML training.

What This Job Offers

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