AML and Sanction Associate

Overview

Within Intesa Sanpaolo IMI Securities Corporation NY, the AML/KYC Associate provides oversight of the firm’s BSA/AML program and has primary  responsibilities regarding new account documentation and all BSA/AML and OFAC Sanctions Regulations. Other general responsibilities include monitoring and reporting of employee electronic communications.

What you'll be doing

You will be in charge of the the following activities:

• maintenance and revision of the firm’s AML policies and procedures
• provide advice and guidance to the trading desks and Operations during new client onboarding
• monitor firm’s activity and identify AML risks
• conduct analysis, document review and approvals, and obtain information about customers at onboarding (KYC)
• monitoring and updating Customer Risk Rating
• sanction screenings for new customers and perform document refresh
• assist with reporting of AML reports to Head Office
• monthly and Quarterly reporting of RAF indicators to Head Office and Semi-annual Compliance and Controls reporting to Head Office
• conduct enhanced due diligence, Customer Diligence and identify Ultimate Beneficial Owners (UBO)
• FINRA and SEC Blue sheets submissions
• FinCEN 314 (a) reporting and screening of the names required by FinCen
• provide administrative support for Chief Compliance Officer
• conduct Bloomberg electronic communications reviews, SMARSH phone communication reviews and monthly reporting. 

Who we are looking for

If you are looking to turn your passion into a career and meet the following requirements, we would be delighted to hear from you:

• 3-5 years of experience in similar role
• experience using Sanction/AML tools e.g. Lexus/Nexus, World Check
• proficiency in Excel
• familiarity with The Financial Action Task Force (FATF), USA PATRIOT Act & Bank Secrecy Act (BSA) and FinCEN
• client Onboarding, KYC and Risk Assessments
• bachelors Degree.

Preferred skills: ACAMs.   

What we offer

• The salary range for this position is 100k $- 130k $