Compliance, Anti Money Laundering Capital Markets, Assistant Vice President - New York
Apply NowCompany: Moelis & Company
Location: New York, NY 10025
Description:
We are passionate about our business and our culture, and are seeking individuals with that same drive.
Seeking an experienced Assistant Vice President (AVP) with a strong focus on Anti-Money Laundering (AML) compliance and responsibilities in other key areas such as capital markets business coverage and employee compliance.
Key responsibilities include the following:
Anti-Money Laundering (AML) Compliance
Business/Product Coverage
Employee Compliance
Other
Skills and Qualifications:
Expected Salary Range: $125,000 - $140,000
We are an Equal Opportunity Employer. Applicants are considered for employment opportunities without regard to race, age, religion, color, sex (including pregnancy and gender identity), parental status, national origin, marital status, veteran status, sexual orientation, political affiliation, citizenship status, genetic information (including family medical history), disability (in compliance with the Americans with Disabilities Act and any other applicable law), or any other characteristic or status protected under any applicable US, state or other law. This policy applies to all terms and conditions of employment, including recruitment and hiring, appraisal systems, promotions, and training.
We are an Equal Opportunity Employer. Applicants are considered for employment opportunities without regard to race, age, religion, color, sex (including pregnancy and gender identity), parental status, national origin, marital status, veteran status, sexual orientation, political affiliation, citizenship status, genetic information (including family medical history), disability (in compliance with the Americans with Disabilities Act and any other applicable law), or any other characteristic or status protected under any applicable US, state or other law. This policy applies to all terms and conditions of employment, including recruitment and hiring, appraisal systems, promotions, and training.
Seeking an experienced Assistant Vice President (AVP) with a strong focus on Anti-Money Laundering (AML) compliance and responsibilities in other key areas such as capital markets business coverage and employee compliance.
Key responsibilities include the following:
Anti-Money Laundering (AML) Compliance
- Oversee the implementation, development and maintenance of the Firm's AML program and controls to ensure compliance with applicable AML regulations, including the Bank Secrecy Act (BSA) and FinCEN, and industry best practices.
- Monitor and report on the effectiveness of AML controls around key components of the AML program, including suspicious activity reports, Know-Your-Customer (KYC)due diligence, sanctions analysis and risk-based processes.
- Create, maintain and review AML policies and procedures to ensure compliance with changing AML regulations, emerging risks and industry best practices.
- Ensure the Firm's client onboarding and due diligence processes complies with the Firm's AML requirements and KYC procedures.
- Provide strategic compliance advice to the client onboarding team and business units around AML, Sanctions and applicable regulations to mitigate the risk of money laundering and safeguard the Firm from financial crime risk.
Business/Product Coverage
- Provide general compliance guidance and oversight to the Firm's investment banking businesses, including on the Firm's capital markets advisory business, to ensure compliance with regulations set forth by the SEC, FINRA and other relevant authorities.
- Ensure adherence to relevant securities laws and regulations and timely submission of regulatory filings, reports, and disclosures required for capital markets transactions (public and private offerings and financings). Some relevant regulations to note include: Regulation M, Regulation Best Interest FINRA Rules 2111 (Suitability), 3110 (Supervision), 5110 (Corporate Finance Rules). 5123 (Private Placements).
Employee Compliance
- Monitor and evaluate employee compliance with the Firm's policies and procedures, including those related to personal conflicts, trading, outside business activities, and political contributions.
- Conduct investigations into potential compliance violations, ensuring thorough and timely resolution, document findings and recommend remediation as necessary.
Other
- Provide general compliance guidance to employees around Watch List management and timely reporting of material non-public information (MNPI).
- Conduct compliance training to employees on the Firm's policies, procedures and obligations, including annual compliance meetings (ACM) and new joiner training.
- Strengthen internal controls around employee conduct, ensuring effective processes are in place for managing and mitigating risks around conflicts of interest, insider trading, confidentiality, and other potential compliance issues.
- Monitor and evaluate the effectiveness of information barriers and internal control processes, investigate potential breaches, document findings and recommend remediation as necessary.
Skills and Qualifications:
- Bachelor's Degree
- 5-7 years of experience in a compliance role within the financial services industry
- Strong understanding of AML regulations and AML compliance in a regulated environment, ideally within banking, investment management, or other financial services sectors.
- Strong analytical, communication and problem-solving skills with the ability to assess complex compliance scenarios and develop mitigation strategies.
- Detail-oriented and excellent organizational and documentation skills.
- Ability to manage multiple priorities and projects in a fast-paced environment.
- Proactive, self-motivated, and able to work both independently and as part of a team.
Expected Salary Range: $125,000 - $140,000
We are an Equal Opportunity Employer. Applicants are considered for employment opportunities without regard to race, age, religion, color, sex (including pregnancy and gender identity), parental status, national origin, marital status, veteran status, sexual orientation, political affiliation, citizenship status, genetic information (including family medical history), disability (in compliance with the Americans with Disabilities Act and any other applicable law), or any other characteristic or status protected under any applicable US, state or other law. This policy applies to all terms and conditions of employment, including recruitment and hiring, appraisal systems, promotions, and training.
We are an Equal Opportunity Employer. Applicants are considered for employment opportunities without regard to race, age, religion, color, sex (including pregnancy and gender identity), parental status, national origin, marital status, veteran status, sexual orientation, political affiliation, citizenship status, genetic information (including family medical history), disability (in compliance with the Americans with Disabilities Act and any other applicable law), or any other characteristic or status protected under any applicable US, state or other law. This policy applies to all terms and conditions of employment, including recruitment and hiring, appraisal systems, promotions, and training.