AML/KYC Compliance Analyst

Compliance Analyst

Start Date: 6/29

Duration: This is a contract position that is budgeted for 5 weeks. The is solely a project and will not go permanent at this time. This project will have high visibility and will serve as a great networking opportunity for someone to meet high level executives at the bank.

Pay: $33/ hr

Location: (Remote project)

Schedule: Monday – Friday 8am – 5pm (40 hour work schedule); this will be a REMOTE position!

Job Description:

The Compliance Analyst 3 position is responsible for helping out with a remediation project tied to a KYC Compliance team.

This financial institution is seeking a Compliance Analyst to plan, direct, and coordinate operations of to ensure compliance with ethical or regulatory standards in Banking. This person will be preparing Formation documents for this entity and review CIP Reports for an Enhanced Due Diligence and look back.

Job Responsibilities:

• Communicate regulatory information to multiple departments and ensure that information is interpreted correctly.
• Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
• File appropriate compliance reports with regulatory agencies.
• Conduct the internal investigation of compliance issues.
• Identify compliance issues that require follow-up or investigation.
• Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
• Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.
• Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated.
• Discuss emerging compliance issues with management or employees.
• Keep informed regarding pending industry changes, trends, and best practices and assess the potential impact of these changes on organizational processes.
• Advise internal management or business partners on the implementation or operation of compliance programs.
• Consult with corporate attorneys as necessary to address difficult legal compliance issues.
• Monitor compliance systems to ensure their effectiveness.
• Prepare management reports regarding compliance operations and progress.
• Provide assistance to internal or external auditors in compliance reviews.
• Assess product, compliance, or operational risks and develop risk management strategies.
• Collaborate with human resources departments to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations.
• Review communications such as securities sales advertising to ensure there are no violations of standards or regulations.

Skills:

• Verbal and written communication skills, attention to detail and interpersonal skills.
• Ability to work independently and manage one’s time.
• Strong knowledge of financial regulation.
• Previous experience with computer applications, such as Microsoft Word, LexisNexis, and Excel.

Education/Experience:

• Bachelor’s degree is NOT required for this position
• 3 + years of experience in KYC is strongly preferred.
• Experience in LexisNexis is a huge plus!
• Experience in working with PEP’s (Politically Exposed Persons) is also a huge plus
• Experience in AML/ BSA/ CDD will be considered

About Aston Carter:

Aston Carter is a distinguished global provider of recruitment and staffing services to companies requiring highly specialized business professionals. As a Best of Staffing® Client and Talent leader, Aston Carter has an unrivaled commitment to delivering first class service to clients and business professionals across a variety of disciplines, including Accounting and Finance as well as Governance, Risk and Compliance. With more than 60 offices across Europe, Asia Pacific and North America, Aston Carter provides local, regional and global expertise to drive value and meet our customers’ unique needs. Aston Carter is a division of Aerotek. Aerotek is an operating company of Allegis Group, a global talent solutions provider.

Job Requirements:

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