AML Advisory Team Lead

Job Purpose

The AML Department handles the anti-money laundering/sanctions/financial crime compliance and regulatory obligations applicable to the Firm’s businesses. We are looking for an experienced Anti-Money Laundering/Financial Crime Compliance subject matter expert specifically dedicated to supporting the AML Officer in various Gain divisions (US, Cayman, and Canada).

Responsibilities

• In depth understanding of Bank Secrecy Act (“BSA”), USA PATRIOT Act, OFAC/Sanctions, and FINCEN requirements to be applied in practice for the respective business line’s Anti-Money Lending program covered.
• Knowledge of Canadian and/or Cayman AML regulations is desirable.
• Support AML advisory function for the respective business line coverage (front office, onboarding, operations/treasury)
• Handle escalations and resolution for front office, as well KYC onboarding and/or EDD escalations; and evaluate more complex account issues when they arise
• Ensure timely completion of assigned cases and escalate issues that require manager review.
• Assist with writing policy and procedural updates (if needed)
• Compile and provide materials requesting during independent audits and regulatory exams.
• Review and provide feedback on complex or high-risk KYC cases, ensuring adherence to internal policy, regulatory standards, and quality benchmarks.
• Act as a point of escalation for KYC and EDD Reviews and interface with respective teams regularly.
• Perform other duties as assigned by your line manager
• Provide ad hoc training & guidance on KYC requirements as needed; establish escalation path and ongoing dialogue with onboarding team on more complex KYC matters.
• Contribute with expertise in related projects as needed to continue with applicable AML/Sanctions enhancements

Qualifications

• Strong experience in AML and related AML, FinCEN, OFAC Regulations and Requirements;
• Knowledge of Canadian and/or Cayman regulations is desirable.
• Ability to make effective decisions and demonstrate good judgement
• Collaborative and positive team spirit; ability to foster good working relationships within AML team, as well as with other departments/stakeholders
• Ability to help front office teams with more complex AML related matters
• Ability to guide other depts/teams as needed with AML or KYC related aspects
• Ability to assist with AML related ad-hoc projects
• Good execution skills with attention to detail and focus on clear, realistic action steps and timelines
• Must have 5 years of direct experience in AML specifically dedicated to Anti-Financial Crime, KYC, Enhanced Due Diligence & Investigations, and/or Transaction Monitoring
• Must have experience in banking, futures, forex, or payments/fintech segment within financial services industry
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding the firm, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment
• CAMS designation preferred or must obtain with 12 months from hire