VP, AML Compliance Officer - Wealth Management/Prime Brokerage

AML Compliance Officer – Wealth Management / Prime Brokerage

The Compliance Anti Money Laundering Officer covering Wealth Management / Prime Brokerage is a senior professional level role responsible for establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader Anti-Money Laundering (AML) team. The overall objective is to design and implement the AML risk management program for the Wealth Management and Prime Brokerage divisions and utilize in-depth specialty knowledge to identify issues/problems and devise recommendations for complex situations. 

Responsibilities:

• Develop and assist in the implementation of firm-wide AML risk management policy and strategic AML Compliance Risk Management direction as well as maintain the AML compliance program for the Wealth Management and Prime Brokerage divisions.
• Translate AML strategy and goals across Wealth Management and Prime Brokerage clients, products, and geographies in a succinct brief and clear manner as well as provide direction and guidance on the program.
• Provide advice to the businesses regularly on new business initiatives, new products, business acquisitions, and client-related matters with respect to applicability of policies, resolution of potential red flags, or other client/transaction-related compliance escalations.
• Work with business/functional line management in recommending, developing, and executing on business initiatives within permissible statutory and regulatory frameworks.
• Assess complex issues, structure potential solutions, and drive effective resolution with other senior stakeholders.
• Liaise with regulators and internal audit staff for AML matters including coordinating AML related examinations, audit and reviews, document production, and issue replies.
• Participate in and manage various internal assurance processes including regional enterprise wide and horizontal risk assessments, self-assessment, internal audit, and compliance testing reviews.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Jefferies, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Qualifications:

• 10+ years of relevant experience
• Anti-Money Laundering (AML) certification
• Experience in managing regulatory exams and relationships with examiners and auditors
• Extensive knowledge of appropriate regulatory requirements including local and US laws, international and industry standards for broker dealers
• Extensive knowledge of AML regulations, risks, and appropriate controls
• Demonstrated leadership and motivational skills
• Ability to work with regional and global partners, and influence and lead people across culture and senior level

Education:

• Bachelor’s Degree/University degree or equivalent experience

Primary Location Full Time Salary Range of $160,000 - $195,000.

Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.  

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live.