Compliance Manager

Position Purpose:
As the Compliance Manager for AML Surveillance and Investigations you will be responsible for effectively managing the AML Surveillance and Investigations function for one of the largest broker-dealers within the United States in addition to providing AML services to the New York commercial banking branch of RBC. This role will have oversight for monitoring and investigating indicators of potential money laundering or terrorist financing activity in accordance with US laws including the USA PATRIOT Act.

Key Accountabilities:
* Manage a staff of professionals dedicated to AML surveillance and investigations, including providing work direction, coaching and development, as well as review of work product
* Ongoing evaluation of the efficacy of existing surveillance systems, rules and methodologies to ensure appropriate identification of indicia of money laundering or terrorist financing activity
* Decision making related to identified scenarios, to include whether or not the filing of a Suspicious Activity Report is appropriate and whether additional action, such as contacting law enforcement or regulators or recommending the cessation of a client relationship is necessary
* Provide guidance to business and functional partners as to appropriate courses of action when suspicious or potentially suspicious activity has been identified
* Participate in AML and business/functional management groups related to the firm’s AML program
* Interact with the Internal Audit department, others performing reviews and testing of the firm’s AML program and regulators regarding AML Surveillance and Investigations processes
* Evaluate new business ventures and strategies to identify areas of AML related risk and ensure appropriate surveillance systems, rules and/or methodologies are implemented to mitigate such risk
* Function as a representative of the firm with industry and peer groups, enabling a positive perspective of the firm and the firm’s AML program

Job Requirements: (Knowledge/ Experience):
Basic Qualifications
* At least five (5) years of experience in an AML compliance related role
* Demonstrated managerial experience in compliance, AML compliance or a similar role
* Series 7, 24 and 63 licenses
* An undergraduate degree
* Extensive knowledge of regulatory/compliance risk management and AML related requirements including BSA, USA PATRIOT Act, OFAC and other applicable U.S. regulations, particularly as they relate to money laundering and terrorist financing typologies and the establishment of surveillance systems and methodologies to identify activity consistent with such typologies
* Demonstrated ability to apply knowledge of AML requirements to the diverse businesses of a full-service broker-dealer
* Knowledge of and proficiency in the use of systems, technology and database management
* Demonstrated ability to provide work direction, coaching and leadership to employees with varying levels of experience
* Excellent verbal and written communication skills, with the ability to effectively interact with all levels of management within the organization
* Highly analytical and organized
* Possess the ability to impact, influence and take initiative
* Ability to balance multiple priorities

Preferred Qualifications
* CAMS certification
* Prior experience in a compliance role at a full service broker dealer
* Project management experience

Required Skills/ Competencies/ Attributes:

Education:
BA/BS

Required Accreditation(s):

Special Conditions:
None

Diversity:
Diversity in the workplace, one of our shared values, lies at the heart of our rewarding, open, supportive and inclusive work environment. We respect and respond to the many competing and evolving priorities in our lives so you can focus on what you can do best - put clients first.

EOE/M/F/D/V