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Brown Brothers Harriman · 2 days ago

AML Compliance Screening Specialist

United States

Full-time

Remote

Entry, Mid Level

$45K/yr - $50K/yr

1+ years exp

Brown Brothers Harriman (BBH) is a premier global financial services firm known for its partnership approach to client management. As an AML Compliance Screening Specialist, you will review alerts from sanctions screening, identify potential violations, and escalate risks, ensuring compliance with AML/OFAC regulations.

BankingFinancial ServicesSecurity

Responsibilities

Using your analytical and investigative skills conducting Level 1 (L1 - initial review) of sanctions screening for real time and post transactional review of hits in FircoSoft (automated sanctions screening system) at an enterprise level for potential violations of Office of Foreign Asset Controls (“OFAC”), other governmental sanctions regimes, Internal Interdict list and FinCEN 314(a) in accordance with defined procedures. Hits are generated from, but not limited to screening of transactions, cash payments, trade instructions, corporate action messaging, and client-related names (i.e. Beneficial owners and/or interested parties)

Conducting manual sanctions screening and providing timely response to various requests/inquiries received within the sanction’s mailbox from multiple areas of the bank including but not limited to Mutual Funds, Corporate Actions and Trade Management

Performing control reconciliation functions of daily reviews to ensure all hits are addressed/escalated in a timely manner

Ensuring that policies and procedures are adhered to daily and have this evidenced

Developing an understanding of AML/OFAC requirements and implications

Identifying problem items and escalating to the Lead/Supervisor as necessary

Communicate professionally and constructively to effectively resolve issues in a timely and efficient manner

Staying abreast of regulatory changes and AML-related news, with an emphasis on OFAC sanctions-related developments

Working closely with colleagues in broader compliance discipline and lines of business

Qualification

Sanctions knowledgeAnti-Money Laundering (AML)FircoSoftBanking OperationsMulti-taskingProblem-solvingDetail-orientedCommunication skills

Required

BA/BS degree or equivalent work experience

1-3 years of fundamental Sanctions knowledge or related Anti-Money Laundering (AML) experience is recommended

Banking Operational background, specifically in SWIFT, CHIPS, payments message types, a plus

Ability to see through gray areas and assess AML-related risks

Detail oriented and investigative/administrative ability

Ability to identify, escalate and resolve a problem

Ability to multi-task, adhere to intra-day deadlines, and work in a team environment

Strong knowledge of laws applicable to money laundering, including the Bank Secrecy Act, USA Patriot Act, US Treasury AML guidelines, OFAC requirements, a plus

Access to a high speed broadband internet connection

Position requires occasional holiday coverage