AML and Sanction Associate

Intesa Sanpaolo Group; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

Intesa Sanpaolo Group is seeking an AML/KYC Associate in New York to oversee the firm's BSA/AML program. Responsibilities include monitoring employee communications, revising AML policies, and conducting customer due diligence.

Applicants should have 3-5 years of relevant experience, proficiency in Excel, and familiarity with AML regulations. The salary range for this position is $100k–$130k.

Qualifications

• 3-5 years of experience in a similar role.
• Proficiency in Excel.
• Familiarity with The Financial Action Task Force (FATF), USA PATRIOT Act & Bank Secrecy Act (BSA) and FinCEN.
• Experience in Client Onboarding, KYC, and Risk Assessments.

Responsibilities

• Maintain and revise the firm’s AML policies and procedures.
• Provide advice during new client onboarding.
• Monitor firm’s activity and identify AML risks.
• Conduct document review and approvals during onboarding.
• Perform sanction screenings for new customers.
• Assist with reporting of AML reports to Head Office.

Skills

Excel proficiency

3-5 years in similar role

Familiarity with FATF, USA PATRIOT Act & BSA

Client Onboarding

KYC and Risk Assessments

Job description

Overview

Within Intesa Sanpaolo IMI Securities Corporation NY, the AML/KYC Associate provides oversight of the firm’s BSA/AML program and has primary responsibilities regarding new account documentation and all BSA/AML and OFAC Sanctions Regulations. Other general responsibilities include monitoring and reporting of employee electronic communications.

What you'll be doing

You will be in charge of the following activities:

• maintenance and revision of the firm’s AML policies and procedures
• provide advice and guidance to the trading desks and Operations during new client onboarding
• monitor firm’s activity and identify AML risks
• conduct analysis, document review and approvals, and obtain information about customers at onboarding (KYC)
• monitoring and updating Customer Risk Rating
• sanction screenings for new customers and perform document refresh
• assist with reporting of AML reports to Head Office
• monthly and quarterly reporting of RAF indicators to Head Office and semi-annual Compliance and Controls reporting to Head Office
• conduct enhanced due diligence, Customer Diligence and identify Ultimate Beneficial Owners (UBO)
• FINRA and SEC Blue sheets submissions
• FinCEN 314 (a) reporting and screening of the names required by FinCen
• provide administrative support for Chief Compliance Officer
• conduct Bloomberg electronic communications reviews, SMARSH phone communication reviews and monthly reporting.

Who we are looking for

If you are looking to turn your passion into a career and meet the following requirements, we would be delighted to hear from you:

• 3-5 years of experience in similar role
• proficiency in Excel
• familiarity with The Financial Action Task Force (FATF), USA PATRIOT Act & Bank Secrecy Act (BSA) and FinCEN
• client Onboarding, KYC and Risk Assessments

Preferred skills: ACAMs.

What we offer

• The salary range for this position is 100k $- 130k $

About us

Intesa Sanpaolo IMI Securities Corporation is a U.S. broker/dealer headquartered in the State of New York. It is indirectly controlled by Intesa Sanpaolo and is part of its IMI Corporate & Investment Banking Division. In the United States, Intesa Sanpaolo IMI Securities Corp. is a registered broker-dealer with the Securities and Exchange Commission, a FINRA member firm, and a member of the New York Stock Exchange LLC.

We guarantee an inclusive and equal environment. We will consider all applicants regardless of race, religion, sexual orientation, gender identity, marital status, national origin, age, disability, or any other protected category in compliance to D.lgs. 198/2006, 215/03 and 216/03.

For the evaluation of the application, the data will be processed by Intesa Sanpaolo IMI Securities Corporation as Data Controller. We invite you to review the dedicated Privacy Information Notice for more details.