Anti-Money Laundering Compliance Officer

As an Anti-Money Laundering Compliance Officer, you will be responsible for overseeing and managing the Firm’s AML, BSA, and OFAC compliance programs. You will work in conjunction with compliance and business colleagues to ensure adherence to regulatory standard and industry best practices. We are seeking to add a knowledgeable, driven, intellectually curious and experienced compliance professional to the compliance team led by the Chief Compliance Officer.

The candidate must possess an in-depth understanding of AML requirements driven by FINRA, SEC, MSRB, OCC, and blue-sky regulations.

National Bank of Canada Financial Inc. (“NBCFI”) is a full-service investment banking and financial services company dual-headquartered in New York (with our parent bank headquartered in Montreal). We are a Securities and Exchange Commission (SEC) registered securities broker-dealer and member of the Financial Industry Regulatory Authority (FINRA), Options Clearing Corporation (OCC), and the Municipal Securities Rulemaking Board (MSRB). NBCFI engages an institutional securities business with institutional clients. The position is based in New York.

Your job:

• Oversee the Firm’s BSA/AML/OFAC Program by establishing, implementing, and maintaining procedures designed to ensure compliance with client onboarding (CIP/CDD/EDD); suspicious activity monitoring; AML reporting; risk assessments; compliance testing; training; sanction monitoring (in coordination with the Global Sanctions Officer of the Bank); and recordkeeping requirements
• Ensure for proper completion and electronic filing of AML Reports (e.g., CTRs, FBARS and SARs) and handling of FinCEN 314(a) requests
• Responsible for AML transaction monitoring and surveillance programs
• Evaluate the adequacy and effectiveness of procedures and internal controls within the BSA department, compliance department, and business lines, including performing an annual AML and OFAC risk assessment
• Lead the implementation and execution of various end-to-end work streams to improve the overall AML and Compliance Risk Programs, including implementation of new products and services
• Serve as NBCFI’s primary regulatory liaison on AML/OFAC compliance matters

Prerequisite:

• Bachelor’s degree, 10+ years industry experience
• Prior experience as a dedicated AML officer with a US broker dealer and/or served as AML/BSA/OFAC Officer
• Series 7 required, Series 24 preferred
• Strong understanding of AML risk management practices, including regulatory requirements
• Strong knowledge of AML surveillance and knowledge of securities activities, including institutional equities, institutional fixed income, capital markets, securities lending, etc.
• Ability to think strategically and develop understanding of the needs and styles of the business supported