Head of Client Advisory / EDD

  • Base salary, bonus and excellent benefits
  • New York, NY, USA
  • Permanent, Full time
  • The Forum Group
  • 14 Nov 18

Our client, a well regarded and expanding global and is seeking a talented AML / EDD professional to lead, manage, update and maintain the Bank’s AML Advisory Program

Responsibilities include:

Oversee the Performance of EDD reviews of all high-risk customers in NA;
•Oversee the work of  Bank’s Fraud & Anti-Corruption Officer
•Participate in the revamping of Customer Risk Rating methodology working with HO as needed;
•Provide AML guidance to Front Office and Client Verification Team on AML and on-boarding related matters;
•Provide guidance on CIP/KYC requirements across NY
•Work with departments to implement CIP/KYC related workflows, policies or procedures;
•Assess and respond to all World-Check and RDC alerts escalated by different departments;
•Conduct periodic reviews and material change reviews on all high risk clients;
•Perform Letter of Credit Reviews;
•Maintain Exception Requests log;
•Provide AML related input during the development and/or enhancement of ISIS-AOP; 
•Assist in developing, implementing and maintaining policies and procedures related to Due Diligence consistent with US and Global AML requirements;
•Miscellaneous responsibilities as required.


Experience /Qualifications/Education:
•Minimum of Bachelors’ Degree
•Advanced Law or Masters Degree preferred
•5-7 years EDD experience in the Compliance department of a similarly positioned bank or broker dealer
•Excellent writing skills
•Strong practical knowledge of laws applicable to money laundering, including BSA, USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements and Suspicious Activity Reporting
•Good organizational, communication (oral and written), investigative and administrative ability
•Able to function independently and as part of a team