AML Program and Risk Assessment Analyst

At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!

What You Can Expect At BBH:

If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself—without leaving the firm. We encourage a culture of inclusion that values each employee’s unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.

The candidate for this remote role must be based in the Central New York/Utica region to be eligible

Global Financial Crimes Compliance (“GFCC”) is seeking an experienced AML Compliance professional to join its team in the New York location, with primary responsibility for leading the risk assessment processes, including the Firm’s annual AML and Sanctions Risk Assessment, customer risk assessment (e.g., legal entity type, product, and country risk assessments), and fraud risk.  As a member of the Risk Assessment and Program Governance (“RPG”) team, the candidate will help ensure the firm is meeting its regulatory obligations around the world.  RPG tasks will include but are not limited to metrics and reporting, maintaining policies and procedures, and impact analyses for potential changes to the AML program.

The candidate will display the highest 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 as amended by the USA PATRIOT Act.

Responsibilities:

Risk Assessment

• Lead the process to execute the Firm’s enterprise-wide annual AML and Sanctions risk assessment including the development of the annual risk assessment plan, facilitation of data collection and completion of inherent risk and control questionnaires, compilation of residual risks and documentation of risk assessment results through heat maps, executive summaries, detailed reports and governance committee presentations.
• Develop, socialize, and present risk assessment results to executive management and other key stakeholders.
• Perform detailed data analyses including year-over-year comparisons and identification of new or increasing risk areas. 
• Engage with stakeholders to discuss the business, control functions and support for the completion of the risk assessment
• Suggest risk mitigation strategies to business areas and other control functions.
• Maintain detailed policies and procedures related to the risk assessment process.
• Continuously improve the framework, methodology, processes and reporting.
• Stay abreast of all applicable laws, regulations and emerging risks for consideration in the risk assessment process.
• Gain a detailed knowledge of the enterprise customer base, legal entities, products, services, transactions, geographies, business initiatives, processes, strategies and associated controls.
• Ensure results of the risk assessment are tracked until remediated in accordance with corporate compliance standards

Program Management

• Assisting with metrics and reporting to senior management
• Supporting the maintenance of policies and procedures
• Conducting research and analysis of applicable BSA/AML and Sanctions related laws, regulations, and guidance as applicable to BBH’s AML Program
• Assisting with enhancements to the AML program
• Handle external due diligence questions related to AML

Key Competencies Required:

• Superior level of communications skills, both oral and written.  Communicate clearly and concisely, and appropriate to the audience.  Strong listening and analytical skills.  Ability to facilitate effective meetings and deliver presentations.
• Strong interpersonal skills, with the ability to interact effectively and professionally with all levels of the organization, particularly senior leaders within the department and in other related teams.  Demonstrated experience building consensus and developing, fostering, and maintaining strong business relationships.
• Creative and effective problem solving and analytical skills pertaining to complex client, operational, or technical issues.
• Consistent attention to detai