Senior AML Specialist

Senior AML Specialist

Hybrid in Livingston, NJ

Monday through Friday 9:00 a.m. – 6:00 p.m.

Summary:

CSC’ s US Fund Administration group is seeking a Senior Specialist for the AML/KYC team with 2 to 5 years of experience to support the AML/KYC verification process for private equity investors, and due diligence validation efforts for new clients. 

Some of the things you will be doing:

• The Senior Specialist candidate will assist in the AML/KYC verification process for all engaged client relationships ensuring superior and accurate service with their designated team members
• Deliverables include administration services provided to private equity funds and related clients, which includes but is not limited to: 
• Ensure operational excellence in the AML/KYC on-boarding, client data maintenance, document review, and remediation/KYC refresh processes and adopt best practices for process improvements
• Review investor documents, identify deficiencies or compliance with CSC AML/KYC procedures and prepare status trackers for delivery to clients
• Assist in identifying items for escalation and participate in decisions regarding client onboarding, AML risk assessment, and potential de-marketing of high-risk clients
• Escalate all High-Risk investors/clients, as appropriate, to the Manager, Compliance and/or legal teams for review and decisioning on further escalation to MLRO and Deputy MLRO for review and approval
• Research and analyze background of new and existing clients
• Partake in communications with clients, as appropriate, on AML/KYC remediation items and workflow processes
• Performing source of fund verification utilizing different types of bank transaction reports, where needed
• Create and/or update procedures, where applicable
• Participate in ongoing training to stay abreast of regulatory and industry changes
• Support implementation, upgrades and use of all CSC AML/KYC portals or technologies to manage daily workflow

• Internal responsibilities (filing, status reports, time tracking, etc.) 

   

What technical skills, qualifications, and experience do you need?

• BS/BA Degree in business, legal or related industry or equivalent work experience
• ACAMs or CAFP designation preferred but not required
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type)
• AML-specific knowledge and experience is an asset
• Knowledge around new Fraud/AML scenarios, FinCEN guidance Industry guidance, regulatory requirements, and industry “best practices” for anti-money laundering and KYC programs is an asset
• Able to multitask and perform tasks under strict deadlines
• Experience maintaining client relationships
• Professional verbal and written communication skills
• Attention to detail and strong organizational skills
• Investor Services experience a plus

At CSC, compensation depends on several factors, including job location and the knowledge and experience of each individual. A reasonable estimate of the current range is $80,000 to $100,000.

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