ISG AML Coverage Manager
Position Description
Major investment bank seeks AML Group Coverage Manager specializing in institutional securities group AML compliance. The role serves as the Head of AML Compliance for the institutional securities group (e.g., sales and trading, fixed income/institutional equities, prime brokerage, investment banking and capital markets, etc). Responsibilities include: development and oversight of internal and business facing AML-related policies and procedures; ongoing analysis of new AML laws, rules and regulations; providing advice and guidance to the business on its AML obligations; oversight of implementation of AML requirements applicable to the institutional businesses and management of internal AML control processes, including CIP/KYC, CDD and enhanced due diligence processes, as well as oversight of suspicious activity monitoring and reporting for the institutional securities business. The role has ultimate supervision and oversight of a team of 9 in the Americas, including a Deputy Head.
The role also supervises a core group of analysts and investigators that review various exception reports, and conduct various screenings, inquiries, surveillance and SAR reporting. The role is based in New York City.
Skills Required
Candidates should have familiarity with certain AML regimes outside of the U.S. (such as Cayman, Bermuda, and Canadian AML requirements). Candidates should have at least 5 years of experience working either in a broker-dealer or bank with a concentration on anti-money laundering compliance and securities regulation.
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