Standish Management, LLC · 19 hours ago
AML Manager
Salt Lake City, Utah, United States
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expStandish Management is a provider of specialized fund administration services for private equity funds. The AML Manager role is crucial for ensuring investor compliance by reviewing AML reports and managing client relationships while leading the KYC workflow and developing AML policies.
Venture Capital & Private Equity
Responsibilities
Advising and assisting clients on requirements of their BSA/AML and Sanctions Compliance Program, including customer lifecycle support (e.g., KYC, Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD), adverse media screening), Transaction Monitoring, Anti-Bribery and Corruption (ABC) and AML compliance system implementation/tuning
Facilitate client meetings by delivering comprehensive information about Standish's Anti-Money Laundering (AML) offerings
Ensure prompt communication of changes in investors' AML statuses through continuous monitoring, maintaining strong client relationships
Collaborate closely with the Senior Manager to provide information regarding new clients and perform necessary follow-ups
Lead the daily KYC workflow assigning and controlling work of associates and team leads to ensure assignments are completed
Lead, performs, and coordinates KYC, CDD, and EDD reviews of high-risk customers
Act as a reviewer from Anti-Money Laundering (AML) process to promote precision and accuracy
Work in conjunction with the Directors to strategize and implement optimal procedures for onboarding new clients with AML requirements
Develop and document policies and procedures for AML service offerings, contributing to a well-defined and structured framework
Uphold project deadlines and quality standards as the lead on client engagements
Identify gaps, weaknesses, or emerging risks in first line KYC practices
Monitor regulatory changes and assess BSA/AML impacts on first line KYC activities that may impact the investment advisory industry
Develops close working partnerships with others across different internal departments and liaise regularly with clients, new accounts staff, and other support functions including managers and local business officers
Coordinate invoicing efforts with internal stakeholders
Qualification
Required
Bachelor's Degree
8+ years of experience in a client‐oriented professional office environment, preferably in a related industry
8+ years of AML/ KYC experience
3+ years of people – leadership experience
Proficiency in Microsoft Office applications, particularly Excel, Word, and Outlook
Familiarity with AML Software
Ability to manage high volume workload by multi-tasking and prioritizing
Excellent written and verbal communication skills
Exceptional organizational skills and attention to detail
Strong interpersonal skills with the ability to interact professionally with all levels of internal and external parties
Ability to work independently and exercise professional judgment
Team player with a strong work ethic
Preferred
CAMs
Company
Standish Management, LLC
Standish provides fund administration services for general partners and managers of private equity funds, specializing in buyout, VC, real estate & fund of funds.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Michael Murphy
Chief Financial Officer
Mike Cunningham
Chief Financial Officer
Recent News
2023-07-18
GlobalFinTechSeries
2022-03-30
Company data provided by crunchbase