The Junior AML Compliance Analyst will be part of the Anti-Money Laundering (AML) Compliance Team and perform functions related to all BBH Lines of Business : Investor Services, Private Banking and Investment Management.
The primary responsibility of the junior analyst will be to review actual client activity versus expected client activity, for select high-
risk client relationships.
The junior analyst will display a high degree of professionalism, integrity, and attention to detail through their work, and will possess an understanding of applicable U.
S. laws, such as the Bank Secrecy Act and USA PATRIOT Act.
Review and validate that select clients’ actual account activity and use of BBH’s products and services are consistent with the clients’ stated expected account activity and use of BBH’s products and services
Determine whether additional review by a Senior Analyst is warranted
Document the results of the initial review, and ensure that escalation is properly handled and documented
Ensure that daily work is completed in accordance with defined procedures, while using judgment to ask questions on areas the procedures do not cover
Problem / Conflict Resolution :
Communicate professionally and constructively to effectively resolve issues in a timely and efficient manner
Sound judgment that is based on all relevant and documented facts and considerations
Risk Management :
Ensure that policies and procedures are adhered to on a daily basis and have this evidenced
Develop an understanding of AML / KYC requirements and implications
Identify problem items and escalate to the Senior Analyst or Supervisor
Ability to see through gray areas and assess AML-related risks
Process Improvement :
Progressive attitude to work, with a view to continuous improvement
Assist in drafting and documenting procedures, policies and processes as necessary
Ensure timely completion of all mandatory training requirements
Stay abreast of regulatory changes and AML-related news
Key Requirements :
Minimum one year Financial Services or Banking industry experience, with experience in an AML / KYC function preferred
Ability to liaise across departments / functions as needed for research and analysis
Ability to identify, recommend and implement improvements to existing processes
Fluency in English is mandatory
Strong analytical and research / investigative skills
Ability to communicate professionally through effective verbal and written skills
Good organizational skills and detail-oriented
Good knowledge of standard MS Office applications (Word, Excel, Powerpoint)