Responsible for the COAT application for third party funds in CLS: sight check names and addresses, determine status, and provide feedback, as needed. Coordinate with Relationship Management, Risk Management, and Operations, on an as needed basis, to maintain the integrity of the COAT application database.
Provide data analysis and develop reports. Maintain existing reports and streamline/optimize to reduce error rates and improve overall accuracy. Create control measures to improve data integrity and security of frequently used reports.
Conduct OFAC and AML investigations; update sanctions screening lists; manage the bi-weekly 314(a) FinCEN process.
Complete various internal reports and escalate findings, as needed, to senior management.
Conduct KYC due diligence, data mining and research as directed by more senior members of the Compliance team, as needed. Prepare analysis in exercising professional discretion.
Respond to customer requests and inquiries related to the submission of new third party funds.
Records Information Management / Relationship Management
Obtain annual AML documentation and required Compliance Questionnaires from members; track status of outstanding requests, respond to member inquiries, liaise with Relationship Management, and report results to senior management.
Act as the gatekeeper for all processes related to RIM, including implementation and management for Compliance Division matters related to the SharePoint application.
Ad-hoc projects/data analysis as assigned.
1-2 Years of experience in financial services.
Bachelor's Degree, Baccalaureate, GCE, or equivalent.
Knowledge of Microsoft Excel and its functions is essential, specifically, data mining, data import/export, working with delimited files, models and macros.
Visual Basic for Excel.
Familiarity with KYC/AML/OFAC Compliance and Business Intelligence/Data Analytics Software.
Certified Anti-Money Laundering Specialist (CAMS), or willing to pass the exam within six months of hire.
Qualifications / certifications
Experience working with FX, payments, correspondent banking, equity or derivatives business would be advantageous.
Compliance experience and a CAMS certification are a plus.
Knowledge, skills and abilities
Exposure to mutual funds, hedge funds, pension funds or other money pools is helpful.
Working knowledge of Microsoft Office suite of products.
Strong oral and written communication skills.
Strong Interpersonal skills.
Ability to relate directly, openly and effectively with both internal and external stakeholders.
Understands the importance of confidentiality and maintains confidentiality at all times.
Interpersonal agile and approachable; able to build and maintain solid relationships.
Ability to work independently on routine matters but open to guidance and supervision.
Ability to support and foster a culture of Compliance.
Detail, Process and Results-oriented
High-energy / motivated
Reliable and diligent
Ability to provide flexible support with shifting priorities
Capable of prioritizing in a high stress environment