Associate, Anti Money Laundering/Prevention/Know Your Client II

at  BNY Mellon

Overview
Associate, Anti-Money Laundering / Prevention / KYC II
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Associate, Anti-Money Laundering / Prevention / KYC II to join our Sanctions and SAR Control team. This role is located in Lake Mary, FL – Hybrid .

EMPLOYER DESCRIPTION:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world’s financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It’s the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

IN THIS ROLE, YOU’LL MAKE AN IMPACT IN THE FOLLOWING WAYS:

Screen clients and all related parties related parties in accordance with the AML screening policies, procedures, and practices to ensure compliance with laws and regulations.
Assess Negative News, PEP alerts, and FINCEN alerts/hits at Level 1 (Review) or Level 2 (Investigations) and escalate for resolution promptly.
Have specialized knowledge and expertise in relevant screening programs enforced by regulators worldwide.
Develop an environment of continuous focus on quantifiable productivity and quality.
Identify and escalate issues in a prompt and timely manner which may impact clients.
Collaborate with the AML/KYC production team, Quality Assurance, Compliance, and global Line of Business to implement best practices.
Work closely within the team to ensure all the daily activities and checklists are completed in accordance with the Service Level Agreements.
Identifies and solves complex, operational and organizational problems leveraging the appropriate resources within or outside of AML KYC onboarding and Periodic review.

TO BE SUCCESSFUL IN THIS ROLE, WE’RE SEEKING THE FOLLOWING:

Strong Research, Investigations Review and Analytical Skills.
Communicate and report findings clearly and liaise with other teams, such as AML KYC Production, Compliance and Line of Business is essential.
Bachelors degree or the equivalent combination of education and experience is required.
5-7 years of total work experience and at least 5 years reviewing batch and real time alerts related to Negative News, Politically Exposed Alerts (PEP) and FICEN.
Direct experience in screening operations with previous experience within the banking / financial services industry.
Independently assess Information, Risks and Red flags
Strong knowledge of screening tools and how to make them work efficiently
Knowledge of AML, Patriot Act and BSA regulations.
Certification in CAMs Desired
At BNY, our culture speaks for itself. Here’s a few of our awards:
America’s Most Innovative Companies, Fortune, 2024
World’s Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
“Most Just Companies”, Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg’s Gender Equality Index (GEI), 2023