AML/BSA/KYC Analyst

Description

Homrich Berg ("HB") is a leading fee-only financial planning and investment advisory firm located in Atlanta, GA. Established in 1989, HB’s employees provide comprehensive financial planning and investment management services primarily to high-net-worth individuals. 

This is a newly created position to support our Risk team with a new AML program. This role is an individual contributor reporting to the Chief Risk Officer. This is an excellent opportunity for someone who is a self-starter.

Role Qualifications

• BSA/AML/OFAC/KYC risk management experience including development and implementation of tools to assess effectiveness of controls; conducting or supervising research and investigations in a field related to CIP, Sanctions, Enhanced Due Diligence, Fraud, Anti-Money Laundering, and experience analyzing large amounts of data
• Strong knowledge of BSA/AML/OFAC/KYC compliance and processes, and applicable techniques for implementation of regulatory, compliance and legal requirements
• Highly organized, excellent follow-through, and the ability to manage multiple projects and deadlines
• Strong communication skills (written and verbal) with the ability to effectively interact with all levels of the organization
• Knowledge of BSA/AML technology and ability to work closely with vendors/IT to implement a monitoring program
• Ability to respectfully challenge views, processes and behaviors while fostering a collaborative, consultative and solutions-focused approach
• High level of professionalism, self-motivation and sense of urgency with initiatives

Responsibilities:

• Serves as subject-matter-expert within AML/BSA Compliance to build the AML program
• Designs, develops and operationalizes AML programs, policies, controls, reporting and training 
• Designs and performs an enhanced due diligence, risk based approach for client transaction monitoring.
• Monitors and analyzes transactional data for suspicious activities, unusual patterns, and potential violations of BSA/AML and OFAC regulations, and communication with business partners
• Investigates alerts generated by transaction monitoring systems, including conducting research, gathering documentation, and making recommendations for further action
• Prepares and files Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required by regulatory authorities
• Stays abreast of changes in BSA/AML and OFAC regulations, as well as industry best practices, and ensures policies/procedures/training documents are up-to-date
• Participate in ad-hoc requests, special projects, regulatory exams and/or other duties as assigned

Requirements

• Bachelor’s degree required; business-related field preferred; CAMS or ACAM certification preferred
• At least 3-5 years of relevant work experience with a financial institution such as a broker/dealer, registered investment adviser, regulatory agency, or other financial institution.
• Experience with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Know Your Customer (KYC) and Office of Foreign Assets Control (OFAC) regulations including the USA PATRIOT Act
• Experience with the Investment Advisers Act of 1940, Investment Company Act of 1940, and Securities Act of 1933
• Strong abilities in analytical thinking, problem-solving, research, and time management. Ability to think through complex Compliance issues.
• Ability to work on assignments independently, using a high level of judgment and initiative in resolving problems and developing recommendations