Enhanced Due Diligence Analyst

RESPONSIBILITIES:

• Responsible for in-depth review of details of new and existing customers and their activities pertaining to IB accounts.
• Monitor customer details and their transactions in order to identify potential high risk or money laundering activity.
• Responsible for conducting regular due diligence and enhanced due diligence on existing and prospective customers.
• Assist for creating and implementing policies and procedures related to the firm s enhanced due diligence program.
• Coordinate and assist global compliance teams for their compliance and AML functions.
• Review and draft Suspicious Activity Reports.
• Perform global research on customers and customer associate entities through inhouse or third party research tools.
• Understand how money laundering schemes work and apply knowledge in identifying potential cases needing further investigation. Generate and maintain appropriate case documentation.
• Communicate with appropriate group staff member to obtain additional customer information and/or requesting necessary updates to customer records.
• Perform transaction analysis for of potential High Risk customers regarding their volume, frequency, beneficiaries/originators, involvement with High Risk and OFAC countries, etc.

Required Qualification and Skills

• Bachelors degree or higher with a major or concentration in Finance, Economics, Accounting, or Information Systems, etc.
• Minimum 4 years experience handling AML and/or EDD issues at a regulator, industry association, law firm, consulting firm, an investment advisory firm, or another broker-dealer or FCM are preferred.
• Understanding of how technology is applied to business and regulatory issues.
• Ability to develop compliance solutions that satisfy relevant regulations while executing sound business judgment.
• Ability to work in a small-team environment, work independently, and multi-task with minimal supervision.
• Excellent writing and oral communication skills.
• Proven ability to manage projects and work independently to bring projects to completion in a fast-paced environment.
• AML certification such as ACAMS, CFE, CFCS is a plus.