Compliance Specialist

Key Responsibilities

• Review and verification of all new customer account files.
• Update company AML policies and procedures.
• Oversee the process for review of transactions for suitability, accuracy, and suspicious activity.
• Monitoring legal and regulatory requirements related to the Bank Secrecy Act, Patriot Act, and OFAC regulations, and guidance from U.S. and foreign regulators.
• Assist with AML Review/investigations of account activity.
• Ensure regulatory certifications are filed in a timely fashion.
• Production and distribution of the KYC Dashboard to track renewal progress of on-boarded clients.
• Oversee administration of employee continuing examination requirements, including FINRA CE, FirmElement training, and other Firm-required training.
• Ongoing participation in response to Internal Audit requests.

Qualifications

• 3+ years of experience in reviewing customer information and performing AML or financial investigations; or equivalent securities industry experience.
• In-depth knowledge of U.S. securities regulations, FINRA/SEC/NFA/CFTC rules, and general regulatory compliance matters.
• Knowledge of the laws applicable to money laundering, terrorist financing, and other applicable financial/securities related crimes (e.g., insider trading, market manipulation), including the Bank Secrecy Act (BSA), The USA PATRIOT Act, US Treasury AML guidelines, OFAC, SEC, FINRA, FRB, FinCEN requirements, and SAR requirements.