AML Senior Counsel

BMO U.S.; Milwaukee (WI); On-site; USD 130,000 - 242,000; Full time

Job summary

Join a leading company as an AML Senior Counsel, providing legal and regulatory advice on Anti-Money Laundering. This role involves supporting compliance, managing legal obligations, and advising on emerging trends. Ideal candidates will have extensive AML experience and a J.D. degree. The position offers competitive salary and benefits, fostering professional growth and development.

Benefits

Health insurance

Bonuses

Retirement plans

Qualifications

• 6+ years AML experience, including with DOJ enforcement agencies.
• Strong knowledge of BSA, US Patriot Act, AML Act, FinCEN, and OFAC Regulations.

Responsibilities

• Provide legal advice and interpretation on AML legal and regulatory obligations.
• Support and develop the AML program across the enterprise.
• Assist in legal and regulatory reporting, including bulletins and communications.

Skills

Judgment

Analytical skills

Problem-solving

Communication skills

Negotiation

Relationship management

Research skills

Education

J.D.

Job description

Join to apply for the AML Senior Counsel role at BMO U.S.

Senior Counsel provides Anti-Money Laundering (“AML”) legal, regulatory advice and support to achieve organizational goals and minimize legal and regulatory risks associated with money laundering and terrorism financing. We seek an experienced legal professional with strong knowledge of AML regulations, financial crimes trends, and U.S. Department of Justice enforcement background to join our team. The ideal candidate will have expertise in AML regulations, including the Bank Secrecy Act, US Patriot Act, AML Act, FinCEN Regulations, DOJ investigations, and enforcement actions related to financial misconduct such as fraud, sanctions, and illicit activities. A deep understanding of federal enforcement frameworks is essential to support investigations, risk assessments, and regulatory inquiries related to AML and sanctions. The role involves establishing and maintaining policies, procedures, and controls to ensure compliance with AML and sanctions requirements.

Legal and Regulatory Advisory

• Provide legal advice and interpretation on AML legal and regulatory obligations.
• Interpret legislation and regulatory requirements, identify legal issues, and advise accordingly.
• Elevate legal issues with analysis and recommendations.
• Lead analysis of new legal and regulatory requirements and sanctions.
• Research legal and regulatory issues.

Legal and Regulatory Change Management

• Support and develop the AML program across the enterprise.
• Monitor legal and regulatory developments relevant to BMO.
• Advise on emerging legal and regulatory trends.
• Summarize and communicate legal/regulatory updates enterprise-wide.
• Provide interpretive guidance on AML developments.
• Draft policies addressing legal and regulatory changes.

Reporting

• Assist in legal and regulatory reporting, including bulletins and communications.
• Support governance committees with legal/regulatory materials.
• Prepare and present on AML legal and regulatory developments.

Qualifications

• J.D. and license to practice law.
• 6+ years AML experience, including with DOJ enforcement agencies.
• Strong knowledge of BMO’s operating environment.
• Intermediate knowledge of BSA, US Patriot Act, AML Act, FinCEN, and OFAC Regulations.

Skills

• Proactive advice and solutions on legal/regulatory issues.
• Judgment, analytical, problem-solving, and communication skills.
• Negotiation, relationship management, and research skills.
• Ability to work independently and in teams.

Salary: $130,000 - $241,200. Benefits include health insurance, bonuses, retirement plans, and more. For details, visit Total Rewards.

About BMO: We are driven by our purpose to grow the good in business and life, creating positive change for customers, communities, and employees. We support your growth with training, coaching, and development opportunities. Learn more at our careers page.

BMO is an equal opportunity employer. We consider all applicants regardless of protected characteristics and provide accommodations for disabilities. Contact [e-mail] for accommodations.