Anti-Money Laundering Specialist

KYC Compliance Validation 6 months contract Hybrid- 3 days onsite Montreal, QCBusiness Overview: The U.S. Financial Security Department has a key role to play in continually guiding and coordinating the Financial Security Program for client to keep pace with evolving industry practices and local regulations. Within the U.S. Financial Security Department, there are six main areas: KYC Compliance, FIU/BLRA/QA, Sanctions, Transaction Monitoring and Optimization, Transaction Monitoring, and Project Management.Candidate Success Factors: Candidates will be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:Results and ImpactLeadership and CollaborationClient, Customer and Stakeholder FocusCompliance Culture and ConductResponsibilities: Responsible for KYC Validation reviews including: Ex-ante and Ex-post Quality Control Review of Americas client files to ensure compliance with Global Policies and local laws and regulationsPerform 2 nd -Level Reviews of the FinCEN CDD rule for Legal Entities, Non-Legal Entities and Loan RenewalsPerform quality control on client data for AML-6Generate KPIs for reviews and controls performed and prepare reports and presentations incorporating KPIs for reporting to regions and the monthly Americas CIB/US Asset Management Financial Security Steering Committee MeetingsCommunicate with different regions in the Americas to remediate findingsProvide Quarterly Trainings to regional Due Diligence Teams regarding recurring issues and developments in policyOrganize and lead Quarterly Operational Meetings with local complianceResponsible for the Network Clearing (Correspondent Banking) KYC process including :Review AML/CFT Questionnaires as they come in and save in the shared drive/SharePointUpload Pre 2AC responses in SharePoint with NCNA and prepare Pre 2AC (Affiliate Account Certification) Committee follow-up emails to send to the affiliates as well as recommendations that haven’t been closed from the IG ReportsPerform 6 eye checks of affiliatesUpdate monthly status spreadsheet (lifecycle of the whole process)Update the monthly Quality Control KYC AssessmentReview 2AC forms for accuracy (updated by NCNA, IAG and USFS Network Clearing)Other Responsibilities :Offer guidance on pertinent KYC issues and their impact on applicable business lines/clients/accounts/transactions/business scenarios.Perform enhanced due diligence research for RMA banks and specific clientsSupport Reverse KYC process; Update Swift KYC for NY BranchImplement client’s Global KYC procedures in the US. Review and recommend enhancementsSupport business lines, Due Diligence Team (“DDT”) and Investigation & Analysis (“IAG”).Draft and/or update AML compliance and written supervisory policies and procedures.Assist Compliance in developing a comprehensive cross-business view of AML risk.Coordinate with Paris, London and Hong Kong Compliance on Global KYC issues.Provide compliance related training specific to the various Business lines, Compliance and Due Diligence/IAG groups and support the general AML training programPerform analysis and work on special projectsEnsure compliance with current and impending legislation/regulationsProvide Excel-based Reporting MetricsSupport the KYC Advisory team as neededSupport development and implementation of AML-KYC systems by providing input and feedback on systems throughout developmentMinimum Required Qualifications 3-5 years of experience in the financial services industry or regulatory environmentBachelor’s degree from an accredited college/university in Accounting, Finance, Legal, Economics or related discipline.CAMS certificatioNStrong:Background in KYC/ AML/OFAC / Sanctions risk; 3-5 years overall experienceComputer skills including MS Office Suite particularly MS ExcelWritten and oral presentation skillsPossess a strong understanding of corporate governance and the AML/BSA/KYC regulatory environmentAbility to:Understand the importance of privileged and confidential informationManage multiple projects and meet deadlines under pressureCome in Early/Work late as needed (there will be early calls with Paris)Preferred Qualifications: Prior Compliance or Audit experienceKnowledge of Correspondent Banking activitiesMaster’s Degree a plus.