Financial Crimes Advisory Associate

Job Description

The Financial Crimes Advisory (“FCA”) Associate will be exposed to an array of client Anti-Money Laundering (“AML” / Bank Secrecy Act (“BSA”) / Office of Foreign Assets Control (“OFAC”) engagements. Engagements generally include:

  • AML / BSA / OFAC Program Reviews such as program / policy / procedure development, gap analysis, risk assessments, training development, staffing models and Testing, Monitoring and Review (“TMR”)
  • Model Risk Management such as data quality analysis, model validation, and tuning / optimization
  • Customer Reviews such as Know Your Customer (“KYC”) methodology / implementation and remediation support
  • Transaction Reviews such as Lookback planning and implementation
  • Operational Services such as building strategic frameworks for Suspicious Activity Reporting (“SAR”), Currency Transaction Reporting (“CTR”), KYC, and Watch List Management (“WLM”) programs

Other types of strategy consulting may include assessing people, process, and technology (“PPT”) environments identifying strengths, weaknesses, and opportunities for financial services clients. Many different engagement types exist and typically work varies from client to client and project to project.

Duties & Responsibilities

  • Provide administrative support to FCA team functions such as client billing.
  • Provide administrative, research, analytical, and report writing support to client engagements.
  • Organize massive data sets, build data repositories, and extract data for further exploitation.
  • Draft memorandums, request lists, and other types of client correspondence.
  • Participate in thought leadership initiatives such as white paper development and social media publishing.
  • Assist AML RightSource co-sourcing operations when available.
  • The employee shall review and adhere to the terms of all firm policies during employment and applicable policy terms after employment ends.   The employee shall review, sign and adhere to all company acknowledgments including, but not limited to:
    • Confidentiality and Security Acknowledgment Form
    • Confidentiality Policy
    • Company Communications & Social Media Acknowledgement Form
    • Employee Policies Acknowledgment Form
    • Non-Disclosure Agreement

Required Qualifications

  • Bachelor Degree in Business, Political Science, English  or related field.
  • Two or more years of financial crimes related experience (e.g.; anti-money laundering, fraud, economic sanctions, anti-corruption and bribery). Experience may qualify from government, industry, and/or consulting.

Preferred Qualifications

  • Two or more years of relevant financial crimes related experience
  • Advanced Degree such as a Juris Doctorate or Masters or Business Administration or related field
  • One of the following relevant certification (CAMS, CFCS, CFE, CAFP, CIA)

General Working Hours and Conditions

Core business hours are generally 8:00 am – 5:00 pm.  However this position will require work to be performed outside of normal business hours based on Company operations.

Physical Requirements

Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a computer keyboard; to travel to other office locations and to verbally communicate to exchange information.

AML RightSource, LLC is an Equal Opportunity Employer and does not discriminate against applicants due race, color, religion, national origin, sex, age, disability, veteran status, sexual orientation, gender identity, or other legally protected status.