Global Financial Crimes: Wealth Management and Banks Advisory Officer

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About Global Financial Crimes

Global Financial Crimes (GFC) coordinates day-to-day implementation of the Firm’s enterprise-wide financial crime prevention efforts. GFC includes several legal and compliance disciplines and has responsibility for governance, oversight, and execution of the Firm’s Anti-Money Laundering (AML), Sanctions, Anti-Corruption, Anti-Tax Evasion and Government and Political Activities Compliance programs. As a team member in GFC, you will play a critical role in identifying potentially suspicious activity, protecting vulnerable individuals, and safeguarding the integrity of the financial system. If you are passionate about financial crimes prevention, seeking a rewarding and dynamic career, and focused on making a difference, then GFC might be the right team for you.

Background on the Team

The Wealth Management and Bank GFC Advisor will be part of a team that focuses on the anti-money laundering and other financial crime related obligations associated with the Firm’s Wealth Management (WM), Banks, and digital platform businesses. The team provides financial crimes related advice and guidance to business units, including serving as an escalation point on financial crimes issues and liaising with key stakeholders across the Firm, including Legal, Compliance, Regulatory Relations, and Risk, to ensure appropriate execution of the Firm's financial crimes prevention program.

Primary Responsibilities

The WM/Banks Advisory Officer will report to the Head of WM/Banks Financial Crimes Advisory – Executive Director. 

Key responsibilities will include:

• Support key projects and initiatives related to assessing and mitigating the Firm’s exposure to money laundering and other financial crimes.
• Provide guidance, support, and effective challenge to business teams on issues related to AML, sanctions, and anti-corruption laws and regulations.
• Serve as a point of escalation on financial crimes questions and provide support in connection with interpretation of regulations and Firm policies.  
• Partner with stakeholders to prioritize changes impacting the WM/Banks GFC program in a risk-based manner, including those that come through the formal Change Management process.
• Decision client matters with significant reputational risk and potential financial crimes exposure.
• Assist with GFC’s responses to relevant regulatory exams and other inquiries, and internal audits, including overseeing data and document productions.
• Represent WM/Banks GFC on various committees and interact with key stakeholders across the business and risk functions.
• Review new product proposals from a financial crimes risk perspective which includes analyzing for potential vulnerabilities related to money laundering, economic sanctions evasion and tax evasion. Attend any New Product review meetings, including the Firm’s New Products Committee (“the NPC”).
• Identify weaknesses, gaps, and areas for enhancement across processes and platforms that impact GFC, determine appropriate solutions and lead corrective action efforts.
• Liaise and coordinate within GFC and with key stakeholders across the Firm to ensure appropriate execution of the Firm’s WM/Banks financial crimes prevention program.

Candidates must have:

• Bachelor’s degree with strong academic credentials
• 8+ years of relevant anti-money laundering and/or other financial crimes experience, preferably at a large/complex financial institution, law firm, or government/regulatory body
• Ability to understand and assess a wide variety of complex products, services, and client types
• Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program
• Strong analytical skills with an ability to understand complex workflows, and excellent attention to detail
• Deep functional knowledge of the WM/Bank industries and applicable AML KYC rules, regulations, policies, and processes with preferred knowledge of and e