AML Quality Control, Senior Analyst- FIU/Fraud-2401110
Description
Job Summary
Under limited supervision, the Anti-Money Laundering Quality Control Senior Analyst is responsible for reviewing the quality and accuracy of the Financial Intelligence Unit (FIU) and Enterprise Fraud Risk Management (Fraud) teams. This role involves a critical attention to detail and will also be accountable for generating periodic reports (metrics) that will be utilized by the AML Senior Management team in order to analyze quality trends and patterns.
Essential Duties and Responsibilities
Conduct continuing reviews of AML case investigations to include the narrative and supporting documentation.
Ensure that all cases are closed/filed in accordance with internal Service Level Agreements (SLA) and the securities and/or banking industry's regulatory requirements.
Provide written and verbal feedback/training to the FIU and Fraud Investigators.
Prepare reports for the AML Quality Control manager and Senior Management.
Assist with special projects.
Maintain and update written procedures for assigned job responsibilities.
Function as a subject matter expert on AML-related issues and provide mentoring as needed.
Escalate and articulate relevant risks to the appropriate stakeholders.
Identify opportunities for increased effectiveness, efficiency, and risk mitigation.
Supporting Client Intelligence Unit activities that may include, but are not limited to, Client Intelligence Program (CIP), Enhanced Due Diligence (EDD), and adverse media screening.
Qualifications
Advanced knowledge of
Concepts, practices, and procedures of securities industry and/or banking compliance reviews.
Rules and regulations of the USA PATRIOT Act, the Bank Secrecy Act, and other AML-related regulations, rules, or guidance.
Fundamental investment concepts, practices, and procedures used in the securities industry.
Principles of banking and finance and securities industry operations.
Financial markets and products.
Skill in
Administering AML policies and procedures.
Analyzing activity documentation to identify irregular transactions.
Planning and scheduling work to comply with organizational and regulatory requirements.
Identifying and applying appropriate compliance monitoring procedures and tests.
Preparing oral and/or written reports.
Investigating compliances issues and irregularities.
Making rule-based and analytical decisions.
Operating standard office equipment and using required software applications.
Communicating clearly and effectively, both orally and in writing.
Providing feedback to the FIU and Fraud teams.
Ability to
Identify problems, collect data, establish facts, and draw valid conclusions.
Research and analyze large amounts of data, interpret higher risk attributes (transactional, geographical, product/service, customer type, etc.), and validate case dispositions appropriately.
Provide mentoring, training, and review of work to the FIU and Fraud Investigators.
Rely on knowledge and judgment to plan and attain assigned tasks and goals.
Focus on speed and set the appropriated urgencies without compromising accuracy.
Establish and maintain effective working relationships at all levels of the organization.
Maintain confidentiality.
Stay current in AML rules and regulations and compliance examination techniques and best practices.
Educational/Previous Experience Requirements
Bachelor's Degree (B.A.) from a four-year college or university in a related field and three (3) to five (5) years of experience in compliance in the securities or banking industry with a focus in AML activities.
~or~
Any equivalent combination of education, training and/or experience approved by Human Resources.
Licenses/Certifications
ACAMS required or the ability to obtain within six (6) months.
Raymond James Guiding BehaviorsAt Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firms core values of client-first, integrity, independence and a conservative, long-term view.We expect our associates at all levels toAt Raymond James as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
Job
Compliance
Primary Location
US-FL-St. Petersburg-Saint Petersburg
Organization
Anti-Money Laundering & Financial Crimes
Schedule
Full-time
Shift
Day Job
Travel
NoEligible for Discretionary BonusYes#LI-EC1