AML Compliance Analyst II CDD - CIP Job Listing at Stifel in Saint Louis, MO (Job ID 7986)

Description

The AML - Client Intelligence Unit (CIU) Customer Due Diligence (CDD) Analyst II holistically reviews high-risk clients from a risk-based approach. The AML-CIU CDD Analyst II conducts surveillance reviews to identify potential high-risk transactional activity, Politically Exposed Persons (PEPs) reviews, sanctioned individual reviews, negative news/ derogatory information reviews, potential Office of Foreign Assets Control (OFAC) match reviews, beneficial ownership reviews, Marijuana Related Business (MRB) reviews, and new foreign account reviews. The role is also responsible for working with the Customer Identification Program (CIP) process to ensure the client's identity adequately satisfies CIP requirements.

• Perform holistic transactional/trade review of high-risk customers through use of customer risk scoring models per departmental processes and procedures.
• Perform transactional monitoring for possible money laundering and terrorist financing using automated AML software monitoring systems, reports, and other methods for high-risk clients.
• Effectively identify, document, and escalate suspicious activity to senior analysts for investigation for potential SAR reporting.
• Review and conduct adverse media searches and suggest account restrictions and/or account closures based on risk to the institution.
• Assist in CDD reviews for PEPs, sanctioned individuals, negative news/derogatory information, potential OFAC matches, and MRB reviews.
• Review account opening documentation for new entity accounts to ensure the beneficial ownership obligation is met.
• Per AML and other regulatory standards, perform background investigations to help prevent operational and reputational risk.
• Review CIP fail records to determine underlying CIP issues and work with branches to resolve the issue.
• Request appropriate account restrictions on CIP fails to minimize potential risk.
• Review and monitor open CIP fail records to determine underlying CIP issues and ensure a resolution is obtained promptly.

• Experience conducting and/or leading complex financial crimes investigations, including fraud, money laundering, and other illicit financial activities involving global clients, with an emphasis on analyzing financial activities, identifying potential risks, and addressing complexities arising from international client relationships.
• Understanding of AML BSA Compliance for CIP, KYC, CDD, EDD, and Transaction Monitoring.
• Understanding of the financial industry, including operational and risk/control, financial markets, products, and an understanding of complex transaction life cycles.
• Ability to produce accurate work in a timely fashion while managing time and priorities to ensure deadlines are met.
• Working knowledge of brokerage and banking compliance analysis and reporting, with the ability to identify and use appropriate risk and control mechanisms.
• Strong written and verbal communication skills.

• Minimum Required: Bachelor's Degree or equivalent combination of education and experience.
• Minimum Required: 5+ years of financial industry, related field, or advanced degree in a related field; 3+ years of AML or related risk experience.

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook

Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients' money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let's talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.