Senior Associate, AML Systems Engineer

Job Summary:

The Senior Associate is responsible for performing data analysis, examination, review, assessment, and testing in a wide variety of client engagements including those involving model validations of anti-money laundering (AML) transaction monitoring and economic sanctions screening compliance systems commonly in use in the financial services industry, at the direction of the project manager. The Senior Associate will apply experience in data analytics and information technology as applied to AML compliance, Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC), Know Your Customer (KYC), and all other laws, regulations, and requirements designed to establish processes to detect and prevent money laundering, fraud, and terrorism. The Senior Associate will interact with client personnel, thus good communication skills and a strong presence is required.

Job Duties:

• Performs data analytics and applies data science/statistics theory as well as IT skills and experience in reviewing, testing, and validating system design, data quality/integrity, and system performance for IT systems and the anti-money laundering and economic sanctions compliance models implemented through the use of such IT systems
• Performs analysis, examination, review, assessment, and testing in engagements related to related to anti-money laundering, Bank Secrecy Act (BSA), USA PATRIOT Act, Office of Foreign Assets Control (OFAC), Know Your Customer (KYC), and all other laws, regulations, and requirements designed to establish processes to detect and prevent money laundering, fraud, and terrorism
• Interprets laws, regulations, requirements, industry guidance and best practices in engagements; makes recommendations related to adequacy of client compliance programs, policies, and procedures and IT systems
• Interacts with client personnel
• Conducts client interviews
• Participates in client discussions and meetings
• Analyzes the current business environment, understands client needs, assesses risks and identifies recommendations/areas of improvement
• Creates project documentation and deliverables
• Assists in the drafting of reports of findings
• Participates in proposal development efforts
• Assists with implementing industry best practices
• Communicates with clients in an organized, and knowledgeable manner, delivering clear, concise, and accurate documents and requests
• Informs leadership of progress and issues related to assigned engagements
• Other duties as required

Supervisory Responsibilities:

• N/A

Qualifications, Knowledge, Skills, and Abilities:

Education:

• Bachelor's degree in Data Science, Statistics, Information Systems, Computer Science, or Software Engineering, required
• Master's degree in Data Science, Statistics, Computer Science, or Software Engineering, preferred

Experience:

• Two (2) or more years of experience in performing:
• Data analytics and programming, preferred
• Database administration, model validations, IT systems development and consulting, preferred
• Experience with SQL scripting, required
• Experience with languages other than SQL (e.g., Java, Visual Basic, HTML, XML, C#, C++, ASP.NET, Python, etc.), preferred
• Experience in performing validation testing of anti-money laundering, and OFAC sanctions compliance systems, preferred

License(s)/Certification(s):

• Microsoft Certified Data Analyst Associate / Power BI Data Analyst Associate, preferred
• PMP or PgMP, preferred
• CAMS, JD, or CPA, preferred

Software:

• Proficient with MS Office 365 (Excel, Word, PowerPoint, SharePoint), required
• Database system design and management software:
• SQL server Management Studio, required
• MySQL, SAS, Oracle, preferred
• Data analytics software: Tableau, Power BI, preferred
• Software coding, preferred
• Experience with transaction monitoring, sanctions screening and customer risk rating tools, preferred

Language(s):

• Secondary language skills, preferred

Other Knowledge, Skills & Abilities:

• Self-starter - ability to successfully multi-task while working independently or within a group environment
• Strong analytical, writing, and presentation skills
• Strong delivery focus
• Team player
• Excellent verbal and written communication skills
• Solid organizational skills especially ability to meet project deadlines with a focus on details
• Proven ability to work in a deadline-driven environment and handle multiple projects simultaneously
• Ability to interact effectively with people at all organizational levels of the firm