Urgent requirement : BUSINESS ANALYST AML - BOSTON, 6 MONTHS

Tuesday, November 4, 2014

Urgent requirement : BUSINESS ANALYST AML - BOSTON, 6 MONTHS

Hello,

Hope you are doing good!

This is very urgent opening. Please send your available matching candidates on kevin@riderconsultinginc.com

Role : Business Analyst
Location : Boston, MA
Duration : 6+ month

REQUIRES IN PERSON

• 8+ years BA experience with experience needed with solid/recent work in areas of Anti Money Laundering (AML). Also, knowledge of: (OFAC) Office of Foreign Acts Control, FinCEN (Financial Crimes Enforcement Network), and KYC procedures and regulatory requirements including BSA and USA PATRIOT Act.
• Familiarity with client on-boarding processes, KYC systems and workflow tools.
• Working knowledge of complex financial instruments and along with intricate corporate structures.
• Able to exercise consistent judgment and present findings in clear, cogent, concisely written documents.
• Proven track record in applying company internal controls and policies
• Strong abilities in analytical thinking, problem solving, research, time management, and verbal and written communication.
• Working knowledge of Microsoft Office Suite and internet search tools including LexisNexis, World-Check, etc.
• Ability to build relationships and interact effectively with key internal and external customers.

Applicant must meet ALL of these requirements.

Description:

New business Risk assessment and KYC (Know Your Client) process
Point of contact for the business unit for all AML related matters
Oversight of AML (anti-money laundering) Risk Assessment for all new Funds
Ongoing review of policies and procedures in line with corporate and local legislative requirements
Oversight of collation of KYC documentation
Oversight of escalation and ongoing monitoring of High Risk Funds
Presence on internal Deal team calls where required
Review and understanding of new business products / opportunities and the inherent risks involved
In-depth review and analysis of jurisdictional requirements and application to book of business.

Anti Money Laundering
• Ongoing review of policies and procedures in line with corporate and local legislative requirements
• Ensuring business unit policies and procedures are maintained and implemented across all AIS North America business units
• Ongoing monitoring of adherence to corporate and business unit policies and procedures
• Reporting to senior Corporate Compliance and Business Unit management
• Training all relevant staff
• Review and understanding of new business products / opportunities and the inherent risks involved
• Fully conversant in Corporate and Business Unit AML Program and point of contact for internal business units, clients, trustees, auditors on AML queries.
• In-depth review and analysis of jurisdictional requirements and application to book of business.
• Sanction and PEP screening set-up, case management and escalation
• Liaise with the Business Unit for data for case management purposes
• Ongoing review of group operational procedures to ensure they are in line with corporate policy and operational processes and controls.
• Compliance Oversight Program ownership and management of AML risks, executing relevant risk responses and documentation of controls