Senior Manager, AML FCM Financial Intelligence Unit

Job Description Summary

Job Description

The Senior Manager, AML uses extensive knowledge and skills obtained through education, experience, specialized training and/or certification in the securities or banking industry to administer and manage an assigned AML & Financial Crimes function. Ensures monitoring and internal controls are in place to manage compliance risk in accordance with Raymond James policies, standards and guidelines. Provides oversight for change management initiatives. Leads major projects, programs or processes with significant business impact. Influences strategic direction, develops tactical plans and completes complex assignments with substantial latitude for un-reviewed actions or decisions. Provides comprehensive solutions to escalated problems or needs. End results are evaluated for achieving goals and objectives. Maintains extensive contact with internal customers and regulatory agencies to identify, research, analyze, and resolve complex issues. Executes on the responsibilities delegated by the Chief AML Officer and reports information regarding the unit’s performance, including any issues that may arise.

Essential Duties and Responsibilities

• Manages a team to design and execute various AML programs, monitoring groups or governance office

• Perform supervisory activities including: identifying performance problems, seeking guidance for remedial action, reviewing performance, and participating in interviewing and selecting staff.

• Plan, assign, monitor, review, evaluate and lead the work of others.

• Ensure compliance with Raymond James’ policies, operating procedures, and other requirements through ongoing monitoring, management, and review of the governance framework.

• Develop and implement adequate internal controls to ensure compliance with AML rules and timely detection of suspicious activity.

• Evaluate the AML training modules, and make recommendations for improvement as necessary.

• Implement corrective actions to promptly address any audit or regulatory findings.

• Report progress on corrective actions to Senior Management and the Board.

• Overseeimplementation of the automated AML system and ensure continuous improvements to existing processes.

• Train associates and manage resources for AML liaisons in various departments, including monitoring roles and responsibilities.

• Create reports to summarize and explain risk assessment results to Senior Management, Risk, and other key stakeholder groups. Ensure responses and remediation actions are promptly reported and executed.

• Maintain up-to-date knowledge of policies and procedures, industry best practices, and regulatory initiatives.

• Performing other duties as assigned.

Knowledge of

• BSA, AML, sanctions-related laws, regulations and guidance.

• CIP/CDD/EDD, sanctions, financial intelligence, transaction monitoring and SARs, including associated risks and controls.

• Governance, compliance, legal, internal and external auditing environments, practices and procedures for broker/dealers, investment and financial planning industries, and related processes and procedures.

• Regulatory and compliance environment.

Skill in

• Analysis with the ability to solve complex problems and execute action plans.

• Prepare and conduct presentations with senior leaders within the organization.

• Written and verbal communication.

Ability to

• Understand multi-dimensional operational problems and develop innovative and practical solutions to deliver superior results.

• Develop sound policies, standards, guidelines and procedures based on in-depth knowledge of regulatory requirements, as well as Raymond James’ services, products and strategic visions.

• Manage, lead, and mentor a team.

• Analyze and communicate regulatory concepts to different target audiences.

• Optimize work processes, multi-task, and handle multiple projects with demonstrated success.

• Implement solutions while collaborating with multiple units throughout Raymond James.

• Manage and prioritize multiple efforts from initiation to execution.

Licenses/Certifications

• Certified Anti-Money Laundering Specialist (CAMS) Certification (preferred) or ability to obtain within twelve months of hire.

Travel Required: 

• Yes, 10 % of the Time

Education

Bachelor’s: Accounting, Bachelor’s: Busine