Compliance Assistant Manager-AML-CIU Job Listing at Stifel in Saint Louis, MO (Job ID 7421)

Description

The Compliance Assistant Manager - AML - Client Intelligence Unit (CIU) will oversee Institutional and International client transaction monitoring, customer due diligence, and economic sanctions compliance across multiple business lines. In this role, the AML- CIU Assistant Manager will assist in daily activities to ensure the department's requirements are fulfilled, as required by Firm policies or regulatory rules. The Assistant Manager trains, leads, and mentors the department Associates and their work for the completion of assigned duties.

• Develop and lead AML-CIU Compliance Analysts, including providing coaching and supporting team culture and dynamics, to meet high-performance standards.
• Assist Compliance Manager in fulfilling internal procedures, special projects, and other team initiatives.
• Guide Compliance Analysts when researching existing and new accounts to identify negative trends and changes in customer transaction behavior for suspicious activity.
• Conduct or oversee quality and accuracy reviews to ensure Compliance Associate's reviews comply with specific AML department policies and procedures.
• Review and approve Suspicious Activity Reports (SAR).
• Assist in monitoring rule changes or regulatory developments related to BSA/AML and sanctions.
• Assist in writing, maintaining, and auditing policies and procedures, and provide training and guidance to Compliance Analysts for new functions.
• Contribute to the enterprise-wide risk assessment and development of risk-related products/solutions.
• Establish relationships with other leaders and Managers in different business units and support teams throughout the Compliance department and firmwide to influence excellent information flow and feedback on the impacts of process, policy, and product changes.
• Work closely with the Compliance Manager/Director to prioritize workflow based on staffing and capacity.
• Assist in monitoring rule changes or regulatory developments relating to customer due diligence.
• Other duties assigned by leadership.

• Strong understanding of AML BSA Compliance for CIP, KYC, CDD, EDD, transaction monitoring, and global sanctions for US and foreign clients.
• Strong understanding of AML BSA Compliance for CIP, KYC, CDD, EDD, transaction monitoring, and global sanctions for institutional clients.
• The ability to communicate information and ideas in spoken or written form so that others will understand.
• Ability to identify and report suspicious activity.
• Strong understanding of complex transactional life cycles within a financial enterprise, including but not limited to; brokerage, banking, lending, credit cards, and investment banking.
• Working knowledge of compliance analysis and reporting with the ability to identify and affect appropriate risk and control mechanisms.
• Exercise excellent independent judgment and discretion when making decisions or recommendations concerning alert/case decisions and investigations.

• Minimum Required: Bachelor's Degree in a related field or equivalent experience.
• Minimum Required: 5+ years of experience in AML, Financial Services, Bank, brokerage, and trust transactional reviews.

• Minimum Required: None.

• Proficient in Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
• AML software, Capital Markets surveillance, and SQL Server.
• Experience using Actimize and Regulatory DataCorp (RDC).

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.