New job Compliance Officer New York, NY

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Group: JOBS 2.0: Job Search Career Networking Staffing. Post Resume -Get Paid by Employers at Resumark .com Subject: Compliance Officer New York, NY Gerald Elliott posted a job: Compliance Officer New York, NY "Top-tier financial services firm is seeking a Compliance Officer who will be responsible for performing KYC/CDD/EDD on new customers and during periodic account reviews. Other responsibilities include: Work with the business unit to resolve account opening Issues and perform on going QC of the KYC/customer files. Responsible for transaction monitoring, Investigating and reporting suspicious activity related to money laundering and terrorist financing, Including wires and correspondent banking activities . Determine the need to further follow-up or Investigative actions. Responsible for managing projects related money laundering and terrorist financing matters. Design end present MIS reports for account opening, monitoring, reporting and compliance reviews. Develop effective controls and procedures for Identifying, monitoring, reporting and record keeping of suspicious activities - ensure that significant cases of suspected money laundering are subject to appropriate Investigation end disclosure where necessary. Keep account opening, transaction monitoring and reporting procedures up to date.. Ensure timely reporting and escalation of significant issues to management Work with management end IT on on-going monitoring system enhancements end other Initiatives related to maintaining sound monitoring program. Assist In reviewing OFA hits and communicating OFAC and sanctions updates. Assist In maintaining and enhancing MLJTF risk models in wide variety of areas (geography; product, customer-type, typology, referral channel, etc.). Support an annual review of the efficiency and effectiveness of the transaction monitoring processes. Qualification 5+ years experience in compliance or related position. * In-depth knowledge of various MLJTF typologies * strong comprehension skills and attention lo detail are critical. * Bachelor degree or equivalent experience required. * Certified Anti Money laundering Specialist Certification preferred. * Knowledge of AML and OFAC systems * Understanding of BSA, AML, OFAC and other AML regulatory policies with the ability to apply and explain regulatory concepts, * Ability to self diagnose potential issues within the framework of customer risk, product risk, geography risk and ML/TF typology risk To apply please submit your resume to Info@compliancesearch.com"

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