Assistant Vice President, Compliance
We are seeking an experienced Assistant Vice President (AVP) – AML Compliance on behalf of a leading Asset Management Firm with $8 billion in AUM. This role will be responsible for overseeing AML compliance, sanctions programs, and employee compliance while contributing to capital markets business coverage. The ideal candidate will have a strong background in AML compliance, financial crime prevention, and regulatory oversight.
Key Responsibilities:
Lead the implementation, monitoring, and enhancement of the firm's AML program, ensuring compliance with Bank Secrecy Act (BSA), FinCEN, and other regulatory requirements.
Oversee AML controls, including suspicious activity monitoring, Know-Your-Customer (KYC) due diligence, and sanctions screening.
Maintain and update AML-related policies to align with regulatory developments and industry best practices.
Ensure compliance in client onboarding, due diligence, and risk assessment to mitigate money laundering risks.
Provide strategic AML and sanctions compliance guidance to internal teams, ensuring adherence to applicable regulations.
Support compliance oversight for investment banking and capital markets activities, ensuring alignment with SEC, FINRA, and other regulatory frameworks.
Ensure adherence to key securities laws, including Regulation M, Regulation Best Interest, and FINRA Rules 2111, 3110, 5110, and 5123.
Conduct electronic communication surveillance and employee training on compliance policies.
Monitor adherence to watch list management, insider trading policies, and material non-public information (MNPI) controls.
Qualifications & Skills:
5+ years of experience in AML compliance, sanctions, financial crime, or risk management in financial services.
Strong understanding of AML regulations (e.g., BSA, FinCEN) and securities laws (e.g., Reg M, Reg BI, FINRA rules).
Experience in capital markets, investment banking, or financial services compliance programs.
Strong background in KYC, suspicious activity monitoring, and transaction surveillance.
Technical proficiency in compliance/risk tools (e.g., StarCompliance, MyComplianceOffice, ComplySci, Actimize).
Analytical mindset with excellent communication and problem-solving skills.
Ability to manage multiple priorities in a fast-paced, highly regulated environment.