AML Compliance Officer

About the role

Seasoned individual contributor, who works independently with minimal supervision. Supports the implementation and continuous improvement of NYRA's anti-money laundering and compliance activities.

Responsibilities

• Works independently under limited supervision to execute AML and compliance responsibilities, exercising a high level of decision making to resolve problems and roadblocks as they occur.
• Maintains knowledge of applicable AML laws, regulations, and reporting obligations to support the administration and continuous improvement of NYRA's AML compliance program.
• Prepares and files required FinCEN/BSA reports, including Currency Transaction Reports, Form 8300, Money Services Business Registration filings, and suspicious activity reports, as necessary and in a timely manner.
• Reviews, evaluates, investigates, and documents suspicious activity or transactions and escalates matters for reporting or further review where appropriate.
• Supports adherence to NYRA's AML Customer Identification Program and Know Your Customer due diligence protocols in partnership with relevant business units.
• Creates, maintains, and updates AML-related policies, procedures, and associated controls and supports updates to applicable automated systems as needed.
• PARTNERS WITH HUMAN RESOURCES AND OTHER DEPARTMENTS TO MAINTAIN EFFECTIVE AML TRAINING, INCLUDING INTRODUCTORY TRAINING FOR NEW EMPLOYEES AND PERIODIC REFRESHER TRAINING.
• Maintains required files and registrations and supports responses to law enforcement requests as directed by management.
• PREPARES WRITTEN REPORTS, SUMMARIES, AND COMMUNICATIONS REGARDING AML ACTIVITY, EMERGING ISSUES, AND COMPLIANCE MATTERS FOR MANAGEMENT AND STAFF.
• ASSISTS IN IDENTIFYING, MONITORING, AND REPORTING ON OTHER NYRA COMPLIANCE RESPONSIBILITIES AS ASSIGNED.

Requirements

• Bachelor’s degree required.
• JD, MBA, or CPA preferred, but not required.
• Minimum eight years of experience in financial services data analysis and reporting.
• Experience in AML or a related compliance field strongly preferred.
• Proficiency in Excel, Word, and PowerPoint.

Qualifications

Pay Range / Salary: $90,000.00 - $135,000.00