Anti-Money Laundering & Know Your Customer Analyst

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships.  We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.

The AML/KYC Analyst will be part of the Relationship Excellence Anti-Money Laundering (AML) / Know Your Customer (KYC) Team and will be responsible for the creation and maintenance of AML/KYC files on behalf of RE clients. S/he will manage communications with RMs, clients, and BBH Compliance. In addition to supporting operational initiatives, this position will define and execute process improvements and participate in working groups and other initiatives that impact RE AML/KYC processes. Specific responsibilities include reviewing documents and succinctly communicating regulatory requirements and process changes to RE relationship management teams while keeping abreast of regulatory changes.

Role and Responsibilities:

Analysis

• Complete AML/KYC files as assigned by the AML/KYC Team Lead, following best practices and meeting applicable deadlines
• Review and validate that select RE 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
• Ensure that daily work is completed in accordance with defined procedures, while using judgment to ask questions on areas the procedures do not cover  
• Demonstrate thorough understanding of BBH’s AML/KYC program including consistent interaction with BBH’s AML-Compliance team and other training opportunities
• Act as a resource to the RM community to assist with questions related to the AML/KYC process
• Assist with ad hoc projects and AML/KYC or Compliance related initiatives impacting RE

Problem Resolution

• Identify and resolve problems following established internal guidelines and outside regulatory requirements.
• Advise Relationship Managers and other team members as issues are found as well as determine impact and work through resolution with appropriate parties. 
• Advise Relationship Managers on established internal procedures for compliance related activities
• Communicate compliance requirements and regulatory orders in both written and oral format to management
• Determine whether additional review by AML/KYC Team Leader is warranted

Risk Management

• Ensure that policies and procedures are adhered to on a daily basis
• Develop an understanding of AML/KYC requirements as well as its implications and application within Relationship Excellence
• Identify problem items and escalate to AML/KYC Team Leader as appropriate
• Ability to see through gray areas and assess AML/KYC related risks

Process Improvement

• Suggest process improvements from both a workflow and systemic perspective to increase productivity and efficiency.
• Contribute to the documentation of all processes and procedures, ensuring they are kept up to date.

Qualifications:

• BA/BS degree
• 3+ years of Financial Services or Banking industry experience with AML/KYC experience preferred
• Ability to liaise across departments/functions as needed for research and analysis
• Understanding of the financial services industry, investment vehicles and legal structures - specific knowledge of BBH clients, products and services desired
• Problem solving skills and the ability to think creatively
• Ability to identify, recommend, and implement improvements to existing processes
• Ability to communicate professionally through effective verbal and written skills
• Intellectual curiosity
• Ability to multi-task and adjust to competing demands
• Attention to detail
• Fluent in Spanish a plus

What we offer:

• To encourage cultural awareness and philanthropy, BBHers have 1 Culture Celebration Day and 1 Community Service Day in addition to their paid standard vacation allowance

• Private medical care

• Life Insurance

• Employee Assistance Program - offering independent and confidential counselling services for you and your family. You can get support for topics including family, marriage and relationships, finances, and legal issues.

• Professional trainings and qualification support

• Wellbeing Program

• Online Social Fund benefit platform

• Social, sport and integration events

• Onboarding Program for new hires

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