Global AML Monitoring and Testing Coordinator
Position Description
Work closely with AML Group management and AML IT personnel on the implementation and execution the AML Group's annual testing plan and provide project support for ongoing enhancements related to the Firm's AML transaction monitoring optimization efforts. Primary responsibilities will include:
• Performing AML-related testing, including test planning/scoping, sampling, issue reporting, closure verification, and preparing workpaper documentation and final reports consistent with the Compliance Department's testing standards;
• Supporting other AML Group personnel in their execution of targeted and periodic testing, including through quality assurance reviews of workpaper documentation and final reports to ensure they satisfy the Compliance Department's testing standards;
• Managing and supporting projects related to the review and enhancement of existing AML transaction monitoring surveillance models and scenarios, including by leading regular monitoring optimization meetings and through the review of proposed model threshold changes and supporting documentation, back testing results, and other sensitivity and productivity analyses.
Additional responsibilities may be identified as the role evolves.
Skills Required
Prior compliance testing or audit experience required. Ideal candidate will have strong analytical and project management skills, strong writing skills, and have worked on multiple projects related to AML, preferably at large/complex financial institutions. Prior experience with surveillance model design preferable; a quantitative background or experience with data analysis methodologies a plus.
Leave a Reply
You must be logged in to post a comment.