Senior AML Specialist
CSC, Livingston, NJ, United States
Senior AML Specialist
Location: Hybrid, Livingston, NJ
Schedule: Monday through Friday, 9:00 a.m. – 6:00 p.m.
Summary CSC’s US Fund Administration group seeks a Senior Specialist for the AML/KYC team with 2 to 5 years of experience to support the AML/KYC verification process for private equity investors and due diligence validation efforts for new clients.
Responsibilities
Assist in the AML/KYC verification process for all engaged client relationships ensuring superior and accurate service with designated team members.
Provide administration services to private equity funds and related clients, including but not limited to onboarding, client data maintenance, document review, remediation, and KYC refresh processes, and adopt best practices for process improvements.
Review investor documents, identify deficiencies or compliance with CSC AML/KYC procedures and prepare status trackers for delivery to clients.
Assist in identifying items for escalation and participate in decisions regarding client onboarding, AML risk assessment, and potential de‑marketing of high‑risk clients.
Escalate all high‑risk investors/clients, as appropriate, to the Manager, Compliance and/or legal teams for review and decisioning on further escalation to MLRO and Deputy MLRO for review and approval.
Research and analyze background of new and existing clients.
Participate in communications with clients, as appropriate, on AML/KYC remediation items and workflow processes.
Perform source of fund verification utilizing different types of bank transaction reports, where needed.
Create and/or update procedures, where applicable.
Participate in ongoing training to stay abreast of regulatory and industry changes.
Support implementation, upgrades and use of all CSC AML/KYC portals or technologies to manage daily workflow.
Manage internal responsibilities including filing, status reports, time tracking, etc.
Qualifications
BS/BA Degree in business, legal, or related industry or equivalent work experience.
ACAMS or CAFP designation preferred but not required.
Exceptional research and analytical skills with the ability to analyze large amounts of data and decipher higher risk attributes (transactional, geographical, product, customer type).
AML‑specific knowledge and experience is an asset.
Knowledge of new Fraud/AML scenarios, FinCEN guidance, industry guidance, regulatory requirements, and industry “best practices” for anti-money laundering and KYC programs is an asset.
Able to multitask and perform tasks under strict deadlines.
Experience maintaining client relationships.
Professional verbal and written communication skills.
Attention to detail and strong organizational skills.
Investor Services experience a plus.
Compensation Estimated range: $80,000 to $100,000.
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Schedule: Monday through Friday, 9:00 a.m. – 6:00 p.m.
Summary CSC’s US Fund Administration group seeks a Senior Specialist for the AML/KYC team with 2 to 5 years of experience to support the AML/KYC verification process for private equity investors and due diligence validation efforts for new clients.
Responsibilities
Assist in the AML/KYC verification process for all engaged client relationships ensuring superior and accurate service with designated team members.
Provide administration services to private equity funds and related clients, including but not limited to onboarding, client data maintenance, document review, remediation, and KYC refresh processes, and adopt best practices for process improvements.
Review investor documents, identify deficiencies or compliance with CSC AML/KYC procedures and prepare status trackers for delivery to clients.
Assist in identifying items for escalation and participate in decisions regarding client onboarding, AML risk assessment, and potential de‑marketing of high‑risk clients.
Escalate all high‑risk investors/clients, as appropriate, to the Manager, Compliance and/or legal teams for review and decisioning on further escalation to MLRO and Deputy MLRO for review and approval.
Research and analyze background of new and existing clients.
Participate in communications with clients, as appropriate, on AML/KYC remediation items and workflow processes.
Perform source of fund verification utilizing different types of bank transaction reports, where needed.
Create and/or update procedures, where applicable.
Participate in ongoing training to stay abreast of regulatory and industry changes.
Support implementation, upgrades and use of all CSC AML/KYC portals or technologies to manage daily workflow.
Manage internal responsibilities including filing, status reports, time tracking, etc.
Qualifications
BS/BA Degree in business, legal, or related industry or equivalent work experience.
ACAMS or CAFP designation preferred but not required.
Exceptional research and analytical skills with the ability to analyze large amounts of data and decipher higher risk attributes (transactional, geographical, product, customer type).
AML‑specific knowledge and experience is an asset.
Knowledge of new Fraud/AML scenarios, FinCEN guidance, industry guidance, regulatory requirements, and industry “best practices” for anti-money laundering and KYC programs is an asset.
Able to multitask and perform tasks under strict deadlines.
Experience maintaining client relationships.
Professional verbal and written communication skills.
Attention to detail and strong organizational skills.
Investor Services experience a plus.
Compensation Estimated range: $80,000 to $100,000.
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