Current Openings at ALC Staffing Associates

Financial Crime-Alternatives Associate
Location:
US-NY-New York
Minimum Education:
None
Job Type:
Full Time
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Financial Crime-Alternatives Associate
*3+ years of experience in Financial Crime Compliance risk management at other financial institutions or consulting firms.
*Experience in an alternative business (e.g., Private Equity, Hedge Fund of Funds, Real Estate, Infrastructure, etc.).
*Knowledge of one or more of the following financial crime areas of AML, Sanctions, Fraud and Anti-Bribery and Corruption is a plus.
*Strong governance and document management skills.
New York, NY
Salary: $85K + 10% Bonus
No Relocation Assistance Available

Job Purpose:
The firm is seeking an individual to be part of the Global Financial Crime Team based in New York, responsible for the helping implement strategic priorities as it relates to Financial Crime Alternative compliance initiatives.
The successful candidate will need to demonstrate knowledge of, and experience in, asset management, alternative products and financial crime risks.
The role is based in New York and would report to the Americas lead for Financial Crime Alternatives compliance.

Job Description:
The company's Global Compliance Department protects the organizations reputation and provides advice to the business focused on ensuring the protection of the company's client’s best interests.

The department is a dynamic environment with the team focused on understanding evolving business strategy, challenging and advising on the impact of regulation in the business, with the objective of:
Actively participating in business decisions to champion clients’ interests and assist the business in translating Compliance into their daily work and decision making.
Putting client interests at the center of everything this company does.
Cultivating and enhancing the company's compliance culture.
Providing thought leadership on the impact and implementation of regulation to company's business and to the market.
Developing and fostering excellence within the Compliance team.

Key Responsibilities:
Partner with key stakeholders including business, operations, risk management, legal and compliance to conduct due diligence on transactions and associated parties in the Alternatives business (e.g., Private Equity, Hedge Fund of Funds, Real Estate, Infrastructure, etc.)
Leverage due diligence efforts to render conclusions on the risk posed by alternative private transactions and associated parties, including by assessing various information sources and negative media alerts from client screenings.
Perform documentation reviews on investors and transactions in the Alternative Business.
Periodically conduct in-depth investigations related to an alternative private transaction.
Support the collection, organization, and evaluation of data relevant to the Alternative private transaction process.
Ensure the active identification, response and/or escalation of risks as appropriate.
Undertake governance and management reporting.
Work within a global team and communicate effectively to members of that team.

Knowledge/Experience:
*The successful candidate should have 3+ years of experience in Financial Crime Compliance risk management at other financial institutions or consulting firms.
*The successful candidate should also have ideally also have experience in an alternative business (e.g., Private Equity, Hedge Fund of Funds, Real Estate, Infrastructure, etc.)
*Have a proactive approach to business issues, identifying areas of improvement and enhancement including the automation of processes.
*Knowledge of one or more of the following:
Financial crime areas of AML, Sanctions, Fraud and Anti-Bribery and Corruption is a plus.
*Strong governance and document management skills.
*Proven ability to work as part of a global team as well as independently in a fast-paced environment.
*Excellent communication, judgment and business partnership skills.
*Proactive, self-motivated and with excellent organizational skills with ability to prioritize workloads and adhere to deadlines.

Arthur L Crume
ALC Staffing Associates
509 N Vermilion
Ste. 540
Danville, IL 61832
Fax: 888-315-4340
Phone: 217-636-3930

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