AML Manager, QC

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Client Intelligence Unit Opportunity in Financial Services

AML (Anti-Money Laundering) Quality Control Manager


Keys:    QC, Quality Control, financial crimes SAR review, Case review

Location:

877 Executive Center Drive West, Saint Petersburg, Florida 33702

Summary:

The Anti-Money Laundering (“AML”) Quality Control (“QC”) Manager, will utilize their knowledge and specialized training to implement and oversee the components of the QC team requirements in compliance with relevant AML rules and regulations. Relevant aspects would include, but not be limited to, continuous review of case investigations/ dispositions and ensuring cases are properly detailed with items satisfactorily addressed. Reviewing samples of Analyst work for accuracy and completeness of review with resulting score allocation. Monitoring results and trends for addressing with individuals and escalation to the Chief AML Officer, providing feedback and training as necessary.

Core Responsibilities:

  • Manage and oversee the QC function for the AML Group.
  • Reporting and metric delivery to CAMLO.
  • Identification of development areas for Analysts.
  • Training of individuals in order to baseline understanding and quality of output.
  • Participate on the interviewing and hiring of additional staff.
  • Act as a leader to guide Analysts.
  • Develop and maintain a solid understanding of quality requirements necessary for regulator appeasement.
  • Utilize a wide variety of resources, both public and non-public, to fully develop the QC Program
  • Maintain a high level of confidentiality in all dealings with both internal and external stakeholders.
  • Maintain currency in laws and regulations pertaining to anti-money laundering violations.
  • All other duties as assigned

Education Requirements:

Bachelor’s degree preferred, high school diploma (or equivalent) in combination with significant experience will be considered in lieu of degree.  Minimum of high school diploma or equivalent is required. 

Basic Requirements:

  • 5+ years of securities industry experience
  • 3+ years of financial crime experience including Investigations and Monitoring within a related job/field.
  • Prior management/supervisory experience.
  • Strong verbal and written communication skills are required
  • A solid and considered approach when dealing with Analysts and business partners
  • The ability to organize and formulate a team.
  • General compliance knowledge - must have extensive knowledge of FINRA, SEC and Firm-specific rules and regulations
  • 314(a) and 314(b) experience
  • SAR experience
  • Proficiency in MS Office applications (Word, Excel, Access)
  • Strong organizational skills and the ability to work within strict timeframes
  • Ability to interpret the Firm’s Sales Practice Manual, FINRA manual, FINRA Notices to Members, Compliance notices and other publications concerning broker/dealer regulation, and internal policies and procedures
  • Knowledge of the retail brokerage business, fee-based advisory business and common investment products including, but not limited to, mutual funds, variable annuities, alternative investments, stocks, and bonds
  • Ability to travel <10%

Preferred Requirements:

  • CAMS or equivalent (CFCS)
  • FINRA Series 7 is a plus
  • CFE Certification is a plus