Compliance AML-CIU Intl Analyst

Stifel•Coral Gables, FL

3d•Onsite

About The Position

The Compliance Anti-Money Laundering (AML) Client Intelligence Unit (CIU) International Analyst I reviews international clients from a risk-based approach. The AML CIU Analyst conducts surveillance reviews to identify potential suspicious transactional activity. This includes onboarding reviews, Politically Exposed Persons (PEPs) reviews, sanction reviews, negative news/derogatory information reviews, potential Office of Foreign Asset Control (OFAC) match reviews, beneficial ownership reviews, and enhanced due diligence of higher-risk clients.

Requirements

Understanding of AML BSA Compliance for CIP, KYC, CDD, EDD, transaction monitoring, and global sanctions for US and foreign clients.
Knowledge of market surveillance and the ability to identify and report suspicious activity.
Working knowledge of compliance analysis and reporting with the ability to identify and affect appropriate risk and control mechanisms.
Proficient in Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
Familiarity with AML software and SQL Server.

Nice To Haves

Spanish fluency with the ability to speak and read English and Spanish regarding review of documents is preferred.
Other Latin American languages are preferred.
A strong understanding of complex transactional life cycles within a financial enterprise, including but not limited to brokerage, banking, lending, credit cards, and investment banking, is preferred.
Previous experience onboarding foreign clients and conducting holistic EDD reviews of high-risk foreign clients is preferred.
FINRA SIE, Series 7, and Series 63 are preferred.
CAMS is preferred.

Responsibilities

Perform a holistic Enhanced Due Diligence (EDD) review of high-risk customers using customer risk scoring models per departmental processes and procedures.
Perform transactional monitoring for possible money laundering and terrorist financing using automated AML software monitoring systems, reports, and other methods for high-risk clients.
Effectively investigates, documents, and identifies suspicious activity using seasoned judgment to determine if a Suspicious Activity Reports (SAR) needs to be filed.
Prepares and files SARs for the AML CIU team.
Review and conduct adverse media searches, and based on the risk to the institution, suggest account restrictions and/or account closures.
Perform Customer Due Diligence (CDD) reviews for PEPs, sanctioned individuals, Negative News/ Derogatory information, and potential OFAC matches.
Perform onboarding reviews for new foreign and international Capital Market clients.
Perform extensive background investigations using public and private databases per AML and other regulatory standards to help prevent operational and reputational risk.
Identifies potential gaps in AML CDD/EDD/Global Sanction processes, offers possible solutions, and assists in creating and maintaining up-to-date policies and procedural documentation.
Assists with preparation, delivery, and training and development of compliance associate training.
Other duties assigned by leadership.