Compliance Officer recruitment

Job Description

A large foreign bank is seeking a Compliance Officer that will be responsible for transaction monitoring and surveillance at the Bank and Broker/Dealer.  They will research alerts and conduct thorough investigations and document results.  The person will conduct regular surveillance activity as defined by Bank and Broker/Dealer policy and procedures.  They will work with internal systems to complete regulatory reporting (SARs) to FinCEN.

Key Responsibilities

•  Analyze transactions and transaction patterns related to Private Bank client activity to identify specific and anomalous activity for AML purposes

•  Perform Due Diligence using proprietary, subscription and public databases, research entities related to the transactions

•  Thoroughly and succinctly document the research and analysis related to the financial activity and related entities for an audience that includes Regulators, Internal Audit, Senior Managers and Internal Compliance

•  Provide support to Bank and Broker/Dealer department responsibilities as defined.

Requirements

•  Understanding of KYC as it relates to Private Banking

•  Perform trade surveillance in order to identify potential anomalies (e.g. unsuitable trades, SEC Rule non-compliance, etc.)

•  Broad knowledge of securities industry rules, regulations and broker/dealer functions.

•  Familiarity with multiple business lines including fixed income sales, equities sales and trading,  as well as investment banking and research

•  Knowledge of AML/BSA/OFAC/SEC/FINRA rules, regulations

•  Strong working knowledge of broker-dealer regulations

•  Excellent organization and prioritization skills; follows through to complete deliverables timely

•  Proficient in MS excel (sort, pivot tables). Knowledge of MS Access is a plus

•  Series 7 License or willingness to obtain the required licenses upon hiring

•  Bi-lingual Portuguese (preferred) or Spanish

Compensation: Commensurate upon experience

If qualifications are met, please contact recruiter:

Ben Gordon

Ben.gordon@roberthalffsg.com

212-835-4916