Address
Form of workAt BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!
What You Can Expect At BBH:
If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm. We encourage a culture of inclusion that values each employee's unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.
This role is fully remote, but eligible candidates must be located in the Central NY or Pittsburgh region.
As an AML Compliance Analyst, you will be part of the Global Financial Crimes Compliance (GFCC) Team and perform functions related to our Private Banking/Investment Management and Investor Services Lines of Business (LOB). Your primary responsibility will be to review alerts/escalations of potential Politically Exposed Persons (PEPs), Sanctioned entities and Negative News related to financial crimes to determine the legitimacy, materiality, and relevance of the cases to BBH. You will then ensure the dispositioning and appropriate escalation of the alert following the Firm's Policies and Procedures. In addition, you will be responsible for conducting reviews of client activity and Enhanced Due Diligence (EDD) on prospects, clients, and other parties. Your ability to display a high degree of professionalism, integrity, and attention to detail through your work will allow you to serve as an integral member of the team. This is a fully remote role available in Central New York. This position will require occasional travel to one or more BBH offices.
If you are looking to advance your career to the next level, introduce yourself by submitting your resume.
Key responsibilities include:
- Reviewing internal escalations of potential Negative News related to financial crimes, as well as PEPs and Sanctions, made by the Firm's initial screening unit, including money laundering, terrorist financing, and other illicit transactions involving money or securities
- Working with LOB relationship managers to clarify relevant party details when necessary
- Determining the legitimacy, materiality, and relevance of the cases to BBH using sound judgment that is based on all relevant and documented facts and considerations
- Conducting transaction reviews of client activity
- Documenting the results of the review with appropriate dispositioning
- Ensuring that daily work is completed in accordance with defined procedures, while using judgment to ask questions on areas the procedures do not cover
- Assisting with ad-hoc projects
- Communicating professionally and constructively to effectively resolve issues in a timely and efficient manner
- Developing an understanding of AML and Sanctions requirements and implications
- Identifying and escalating potential problem items to Management quickly and efficiently
- Ensuring timely completion of all mandatory training requirements
- Staying abreast of regulatory changes and AML-related news
Qualifications:
- Bachelor's Degree, or equivalent work experience
- One to three years of Financial Services or Banking industry experience, with at least one year experience in an AML or Sanctions monitoring role recommended
- Possess an understanding of applicable U.S. laws, such as the Bank Secrecy Act, USA Patriot Act, US Treasury AML guidelines, OFAC requirements
- Knowledge of FircoSoft or related screening systems strongly preferred
- Progressive attitude to work, with a view to continuous improvement
- Ability to see through gray areas and assess AML-related risks
- Ability to liaise across departments/functions as needed for research and analysis
- Ability to identify, recommend and implement improvements to existing processes
- Fluency in English is mandatory
- Good knowledge of standard MS Office applications (Word, Excel, PowerPoint)
- Strong analytical and research/investigative skills
- Ability to communicate professionally through effective verbal and written skills
- Demonstrates respect and values diversity of ideas
- Good organizational skills and detail-oriented
- Fosters team spirit
- Demonstrates flexibility
- Proactive self-starter who is goal oriented
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.
Salary Range
$40,000 - $50,000 base salary + annual bonus target
BBH's compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck-providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.
