Job Description

About the Role

Serve as the primary Advisory AML Officer for the Futures and OTC business lines offering expert guidance and strategic input on related AML matters and initiatives.

Responsibilities

• Review and resolve AML escalations, determining appropriate courses of action and ensuring timely and compliant outcomes.
• Enhance and maintain effective AML policies and procedures to reflect evolving regulatory requirements and best industry practices.
• Lead periodic AML and sanctions risk assessments, evaluating the Firm’s control environment and implementing improvements where necessary.
• Support independent audits and regulatory examinations by providing required information and collaborate with stakeholders to implement remediation plans addressing any identified issues.
• Assess the adequacy of transaction monitoring coverage to confirm that key risks and typologies associated with the FCM and Swap Dealer are appropriately identified and mitigated.
• Review SAR filings prior to submission.
• Manage AML team members.
• Identify, assess, and escalate AML compliance risks, ensuring that potential issues are promptly addressed and mitigated.
• Consult with Senior management on complex matters (CAMLO, CCO, Business).
• Prepare quarterly Board materials and updates.
• Provide oversight and guidance to the Operations, Treasury, and Margin teams on implementing process and control enhancements as needed.
• Provide guidance to Onboarding and KYC refresh teams.
• Assists with initiatives focused on improving KYC and screening processes.
• Provide advisory updates on regulatory changes to relevant stakeholders.
• Participate in developing and coordinating the roll-out of AML trainings.
• Participate in key projects led by regional and global AML stakeholders.

To land this role you will need:

• Must have comprehensive knowledge of the Bank Secrecy Act (“BSA”), USA PATRIOT Act, and FinCEN requirements, as well as OFAC; and an understanding of CFTC and NFA AML regulations.
• Knowledge of Cayman Islands and Canadian AML regulations is desirable.
• Must have a minimum of 7-10 years of direct AML experience in the financial services sector, with demonstrated expertise in advisory and policy functions, transaction monitoring oversight, investigations, and the management of complex AML escalations.
• Must have prior experience leading or managing teams.
• Strong understanding of transaction monitoring scenario logic and its applicability across different business lines (futures/derivatives).
• Demonstrated expertise in Enhanced Due Diligence (EDD), with a proven ability to conduct supplemental reviews and deliver high-quality investigative and analytical assessments.
• Thorough understanding KYC, CIP, CDD/EDD requirements, processes and best practices.
• Excellent writing and analytical skills, with the ability to produce clear, concise, and well-supported findings and reports.
• Advanced problem-solving abilities, demonstrating sound judgment and the capacity to identify and address complex compliance issues.
• Good operational knowledge futures, OTC and forex products with the ability to determine and apply effective AML monitoring and control measures.

Required Skills

• Experience using LexisNexis, World Check, Actimize, Salesforce, Factiva, Two Four, GMI or similar tools.
• CAMS certification a plus.

Pay range and compensation package

Hiring Salary Range $125,000-$175,000 (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.) Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan. This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.

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