Job Description
Who We Are: Oppenheimer & Co. Inc. ("Oppenheimer") is a leading middle-market investment bank and full-service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.
Job Description: Oppenheimer & Co. Inc is seeking an AML Investigator to join their AML Group in our New York office. The Investigator will perform investigations for our growing international based retail and institutional clients maintained at the firm. This role is specific to being a self-starter, with the ability to obtain transactional data from a variety of sources (both internal and external) to execute detailed analysis and reporting of findings to senior management. The focus of the role will be an AML investigator who maintains a high level of technical proficiency in identifying trends in data across multiple inputs. The individual should pose advanced excel skills with the ability to homogenize disparate data to perform sophisticated research related to transactional trends and red flags. This can / may be accomplished using a multitude of technical platforms.
Previous experience covering Broker Dealer or Private Wealth business/Private banking in an AML capacity required.
Responsibilities: - Perform annual High risk account activity reviews
- Conduct in depth strategic initiatives related to on-going AML transaction or trade-based monitoring, concerns and red flags
- Prepare Suspicious Activity Report (SAR) filings
- Effectively communicate laterally and horizontally, both within AML Compliance and within the branches/business
- Recommend appropriate follow-up and possible action for customers that exceed the Firm's risk tolerance
- Flexible to perform other functions as requested by management
Qualifications: - An acute investigative prowess, with the ability to think critically in identifying AML typologies and patterns
- Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product type, customer type, etc.) Excel, VBA, Access, SQL
- Prior Broker Dealer experience, understand investment products, financial instruments, and anticipated/expected customer behavior in order to effectively identify risk and suspicious activity
- Excellent verbal and written communication skills
- Bi-lingual Spanish / English is preferred
- Minimum of two years with direct experience in areas of private wealth management, focusing on emerging markets accounts along with domestic accounts
- Bachelor's Degree required
- Certified Anti-Money Laundering Specialist (CAMS)
- 4-6 years of experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations
- Proficient in reviewing and clearing AML surveillance alerts; use of Actimize a plus
- Experiencing with articulating detailed investigation analysis and results.
- Knowledge of applicable anti-money laundering laws, including the Bank Secrecy Act, the USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements
Compensation: For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $75,000.00 - $100,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.
Job Tags
Work at office, Flexible hours,