Team Lead, AML FCM Client Intelligence Unit

Raymond James•Saint Petersburg, FL

8d•Hybrid

About The Position

This position will follow our hybrid work model; we expect the selected candidate to work 2-3 days a week at our corporate office in Saint Petersburg, FL. As the team lead, you will leverage extensive knowledge and skills in securities, the banking industry, and/or compliance—gained through experience, specialized training, and/or certification—to implement Know Your Client (“KYC”), Customer Identification Program (“CIP”), Customer Due Diligence (“CDD”), Enhanced Due Diligence (“EDD”), and ensure adherence to compliance and Anti-Money Laundering (“AML”) rules and regulations. You will oversee specialized EDD reviews, including those involving foreign financial institutions (FFI), cannabis-related clients (CRC), Money Service Businesses (MSB), gambling entities, and non-retail brokerage jurisdiction review types. This role leads projects of significant scope and complexity and serves as a Subject Matter Expert to various business lines. You will work independently on complex assignments that are broad in nature and provide comprehensive solutions to challenging problems. The position requires maintaining extensive contact with internal customers to identify, research, and resolve issues.

Requirements

Knowledge of: CDD, EDD, Office of Foreign Asset Control (“OFAC”), Sanctions and other KYC policies and procedures.
Concepts, practices and procedures of the securities industry and/or banking compliance reviews.
Rules and regulations of the USA PATRIOT Act.
Fundamental investment concepts, practices and procedures used in the securities industry.
Principles of banking and finance and securities industry operations.
Financial markets and products.
Skill in: Administering AML policies and procedures.
Analyzing client documentation.
Planning and scheduling work to meet regulatory requirements.
Identifying and applying appropriate client monitoring procedures and tests.
Preparing oral and/or written reports.
Drafting policies and procedures.
Investigating client issues and irregularities.
Making rule-based and analytical decisions.
Operating standard office equipment and using required software applications.
Ability to: Provide guidance to CIU Analysts.
Gather information, identify linkages and trends and apply findings to assignments.
Interpret and apply AML regulations in order to 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.
Work independently as well as collaboratively within a team environment.
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 AML rules, regulations, and best practices.
CAMS (Certified Anti-Money Laundering Specialist) requirement, if not currently certified: If no previous AML experience: obtain 18 months after hire date Those with one year or more AML experience: obtain 12 months after hire date
Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance
General Experience - 3 to 6 years
Certified Anti-Money Laundering Specialist (CAMS) - Association of Certified Anti-Money Laundering Specialists (ACAMS)

Responsibilities

Serves as the primary point of contact for business unit escalations, questions and advisor issues.
Coaches and mentors new and existing analysts.
Devises and analyzes metrics, as well as prepares reports related to key measurements of AML customer onboarding activities.
Assists with various projects and acts as the main point of contact for outside consultants.
Serves as the primary back-up for the CIU Team Leads and provides informal guidance to CIU team members.
Prepares and leads AML CIU trainings for other business units within the firm.
Drafts and administers policies and procedures to ensure compliance with regulations related to money laundering, as included in the USA PATRIOT Act.
Monitors regulatory developments and industry trends to incorporate into the firm’s AML program.
Develops documentation related to AML issues to enhance corporate policies.
Maintains knowledge of best practices in investigative research processes using various sources such as industry groups, information issued by regulatory groups, and the United States government.
Responds to regulatory inquiries and coordinates with other compliance personnel.
Maintains currency in laws and regulations pertaining to AML compliance.
Provides guidance to Raymond James Associates regarding AML policies.
Perform duties in a highly professional manner to address and resolve conflicts or issues to facilitate a positive working relationship between the field and home office.
Perform other duties and responsibilities as assigned.