Operations Consultant- Aml/compliance

3 days ago


Denville, United States Financial Industry Technical Services Inc. Full time

**Responsibilities**:

- Develop and implement AML policies and procedures in accordance with regulatory requirements and industry standards.
- Conduct risk assessments and ongoing monitoring of client transactions to detect and prevent money laundering activities.
- Collaborate with internal stakeholders, including legal, risk management, and compliance teams, to ensure alignment with regulatory requirements and company policies.
- Stay informed about changes in AML regulations and industry trends, and proactively adapt policies and procedures accordingly.
- Demonstrates profound comprehension of Customer Identification Programs (CIP).
- Oversee the Customer Due Diligence (CDD) process, verification, and ongoing monitoring to ensure compliance with AML regulations.
- Serve as a trusted advisor to clients, offering expert guidance on compliance matters and assisting with regulatory inquiries or audits.
- Maintain accurate records and documentation related to AML compliance activities, including suspicious activity reports (SARs) and compliance audits.

**Qualifications**:

- Minimum of 5+ years of experience in financial services, with a focus on AML compliance and risk management.
- Strong understanding of AML regulations, including the Bank Secrecy Act (BSA), USA PATRIOT Act, and OFAC sanctions requirements.
- Excellent analytical skills with the ability to identify patterns and trends in financial data.
- Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and build relationships with clients and colleagues.
- Detail-oriented mindset with a commitment to accuracy and compliance.
- Proficiency in relevant software and tools, such as AML monitoring systems and financial analysis software.
- Demonstrated ability to work independently and prioritize tasks in a fast-paced environment.
- Ethical conduct and integrity in handling sensitive information and maintaining confidentiality.
- Knowledge of the LexisNexis platform is a plus.
- Financial Industry Technical Services, Inc. DBA FITS Consulting, is an equal opportunity employer and values diversity in the workplace. We encourage individuals from all backgrounds to apply.


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