AML Compliance VP/SVP
Arrow Search Partners, Berkeley Heights, NJ, United States
AML Compliance, VP/SVP
Locations - New Jersey
The VP will report to the Global Head of AML and work on AML processes including KYC onboarding and refreshes, asset due diligence, testing and regulatory filings. Primary job responsibilities will include:
Investor onboarding across institutional clients. Build and leverage stakeholder relationships to drive KYC compliance. Responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk clients. Conduct online research for relevant adverse information related to potential money laundering, terrorist finance, fraud, and other financial crimes. Review and disposition of high-risk alerts. Update procedures and desk top guidance related to investor onboarding process. Prepare and review metrics for key processes. Assist with regulatory filings related to 314a, Cayman Islands and Canada. Communicating on an ongoing basis with investment professionals, in-house and external counsel, compliance professionals within Blackstone’s other business units, and various other counterparties. Provide recommendations for the escalation of investigations for SAR filing consideration to the Global Head of AML. Work outside of regular business hours, as needed.
Qualifications:
Working experience with BSA/AML/CIP/KYC/US Patriot Act and OFAC as well as other relevant BSA/AML laws and regulations (UK, EU, Cayman). 8+ years of experience working with AML/KYC/CDD/EDD and sanctions. CAMS or equivalent AML certification. Strong knowledge of Know Your Customer, Customer Identification Program and CDD requirements. Experience with external vendor tools (e.g., Exiger, RDC, LexisNexis, Clear etc.) Experience with sanctions compliance is a plus. Experience with analyzing big data and compiling visualization representation of information. Experience with asset due diligence and counterparty due diligence. Strong sense of urgency and accountability to execute in a dynamic and time-sensitive environment. Strong time and task management skills; effectively manages multiple priorities and raises issues in a timely manner. Strong skills in Microsoft Office suite. Excellent problem solving and communication (written and verbal) skills. Desire to work as part of a collaborative team and willingness to embrace a variety of matters.
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range: $165,000 - $250,000 Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
The VP will report to the Global Head of AML and work on AML processes including KYC onboarding and refreshes, asset due diligence, testing and regulatory filings. Primary job responsibilities will include:
Investor onboarding across institutional clients. Build and leverage stakeholder relationships to drive KYC compliance. Responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk clients. Conduct online research for relevant adverse information related to potential money laundering, terrorist finance, fraud, and other financial crimes. Review and disposition of high-risk alerts. Update procedures and desk top guidance related to investor onboarding process. Prepare and review metrics for key processes. Assist with regulatory filings related to 314a, Cayman Islands and Canada. Communicating on an ongoing basis with investment professionals, in-house and external counsel, compliance professionals within Blackstone’s other business units, and various other counterparties. Provide recommendations for the escalation of investigations for SAR filing consideration to the Global Head of AML. Work outside of regular business hours, as needed.
Qualifications:
Working experience with BSA/AML/CIP/KYC/US Patriot Act and OFAC as well as other relevant BSA/AML laws and regulations (UK, EU, Cayman). 8+ years of experience working with AML/KYC/CDD/EDD and sanctions. CAMS or equivalent AML certification. Strong knowledge of Know Your Customer, Customer Identification Program and CDD requirements. Experience with external vendor tools (e.g., Exiger, RDC, LexisNexis, Clear etc.) Experience with sanctions compliance is a plus. Experience with analyzing big data and compiling visualization representation of information. Experience with asset due diligence and counterparty due diligence. Strong sense of urgency and accountability to execute in a dynamic and time-sensitive environment. Strong time and task management skills; effectively manages multiple priorities and raises issues in a timely manner. Strong skills in Microsoft Office suite. Excellent problem solving and communication (written and verbal) skills. Desire to work as part of a collaborative team and willingness to embrace a variety of matters.
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range: $165,000 - $250,000 Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.