Financial Crimes Specialist
Phyton Talent Advisors - new york city, NY
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Our Client, a Global Investment Bank, is seeking a AFC Specialist in New York, NY. Responsibilities:Develop and execute a framework to escalate customers involved in AFC (Anti-Financial Crime) risk events (e.g., Suspicious Activity Reports).Determine appropriate actions for customers of concern, including:Increasing customer risk ratingsPerforming enhanced due diligence (EDD)Implementing enhanced or frequent transaction monitoringIssuing customer restriction noticesRestricting transactional flowsEscalating to Global AFC for global client relationshipsExiting customer relationships if necessaryCollaborate with the Customer Risk Working Group and business partners to:Analyze customer relationships in light of AFC risk eventsRecommend whether escalation to senior management is neededDefine appropriate actions to mitigate risksPartner with Corporate Bank AFC Advisory for targeted reviews of high-risk correspondent bank customers.Escalate proposed actions and customers to the Americas AFC Risk Identification Forum (RIF) for decision-making.Lead discussions, manage agendas, and prepare materials for the RIF.Track decisions and ensure assigned actions have owners and are implemented or closed.Disseminate customer risk metrics (e.g., triggers, SAR trends) to the RIF.Align business-owned forums with RIF activities for consistency in risk management.Conduct customer reviews upon request from Global AFC.Requirements: Bachelor's degree or equivalent; JD or MBA is a plus.1-3+ years of experience in AFC functions or business roles supporting AFC programs.Strong knowledge of bank customers, products, and services.Experience working with regulators is a plus.Exposure to financial crime investigations and multiple AFC programs (e.g., AML, Sanctions, ABC, Fraud).Strong communication and presentation skills with the ability to engage and influence stakeholders at all levels.Proven ability to manage multiple projects and deliverables anizationally savvy, with the ability to act decisively and quickly grasp complex issues.Strategic thinker with adaptability in a dynamic environment.
Created: 2024-10-19