AML Transaction Monitoring Supervisor

Job Description

AML Transaction Monitoring Supervisor

The Financial Crimes Systems Transaction Monitoring (TM) Supervisor will play a pivotal role in leading financial crimes compliance transaction monitoring team at Jefferies LLC. This role requires a deep understanding of Anti-Money Laundering (AML) Transaction monitoring and alert management. The AML individual will manage a team of AML analyst and collaborate with multiple stakeholders including external vendors, consultants, and internal IT support to ensure adequate detection, investigation and reporting of potentially suspicious activity.

Responsibilities:

• Key responsibilities of this role will include managing the AML Compliance teams review and investigation of systemically generated transaction monitoring alerts and referrals of potentially suspicious activity, ensuring appropriate decision making and documentation to support investigation findings, and producing key surveillance metrics for management.
• Reviewing and assessing markets trade surveillance escalations for potential insider trading, market manipulation or other fraudulent activity.
• Actively participating in, and responding to, audits, regulatory exams, and risk assessments focusing on the Firm’s transaction monitoring program.
• Assisting in establishing monitoring protocols for, and providing relevant training and guidance to, the AML Compliance team.
• Collaborating with relevant business unit coverage compliance officers, AML compliance officers and IT support staff to enhance the Firm’s systemic AML transaction monitoring systems.
• Identifying and escalating issues associated with the Firm’s AML transaction monitoring systems.
• Acting as a point of contact and providing periodic coverage of electronic funds transfers screening against relevant government sanctions list via the SWIFT Transaction Monitoring system.

Knowledge, Skills, and Abilities:

• Solid understanding of AML, TM and other financial crime compliance regulations and industry best practices
• Understanding of risk-based approaches to monitor and identify high-risk areas within the business
• Excellent communication and problem-solving skills, with the ability to manage relationships with competing work priorities across a wide range of stakeholders including technical teams, compliance officers, vendors, consultants and senior management
• Comfortable adapting to and thriving in a dynamic, fast-paced environment
• Strong analytical skills to diagnose issues, propose solutions, and implement changes effectively

Education, Training, and Experience:

• Bachelor’s degree
• 5 years of experience in financial crimes compliance, surveillance, and fraud detection.
• Prior supervisory experience necessary
• Strong knowledge of AML and sanctions practices
• Experience working with large datasets and an understanding of data flows within compliance systems.
• Proven experience managing complex system projects with multiple stakeholders preferred.
• Experience working with Oracle for AML Transaction Monitoring preferred
• CAMS or equivalent certification in AML transaction monitoring preferred
• Fluent in Excel, Word and PowerPoint

Primary Location: Jersey City, NJ Full Time Salary Range of $90,000-$120,000.

About Us

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we are committed 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. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.

The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.