AML-KYC Compliance Officer

The Company

EF Hutton is a fast-paced, high-growth, global investment bank founded by experienced investment professionals that have collectively financed over $250 billion for public and private companies alike. EF Hutton offers strategic advice and financing solutions to middle market and emerging growth companies around the globe.

Learn more about us at www.efhuttongroup.com.

POSITION SUMMARY:

The AML/KYC Compliance Officer plays a key role in ensuring the organization operates ethically and within the bounds of the law by ensuring policies and procedures are followed, monitoring compliance activities, and educating employees on compliance issues. This role maintains accurate records of compliance activities and provides support in investigations of compliance violations. As a member of the compliance team, you will play a critical role in helping to protect the organization from legal and reputational risks and in creating a culture of compliance across the organization by ensuring that all employees understand their responsibilities in maintaining compliance with laws, regulations, and ethical standards.

ESSENTIAL FUNCTIONS:

• AML/KYC Compliance:
• Perform basic and enhanced due diligence KYC reviews for new and existing customers.
• Review incoming client documents in accordance with KYC/Anti-Money Laundering policies.
• Review and evaluate potential adverse information related to customers and customer activity.
• Liaise with internal personnel to discuss EF Hutton KYC/AML requirements.
• Escalate any unusual customer transaction activity to senior management.
• Conduct regular reviews and assessments of AML policies, procedures, and controls to ensure compliance with applicable laws and regulations.
• Assisting with the development and implementation of the Firm’s KYC/AML compliance policies and procedures.
• Keeping abreast of, monitoring, and analyzing developing trends and changes in regulatory compliance laws, rules and regulations, and advises management of the operational impact of such trends and changes. Facilitating implementation of new and regulatory changes as necessary.
• Develop and deliver AML training programs for all employees.

SUPERVISION RECEIVED:

• Reports directly to the Chief Compliance Officer

REQUIRED AND PREFERRED QUALIFICATIONS:

• Minimum Education: Bachelor's degree.
• Preferred Professional Experience:
• 3 to 5 years in a KYC/AML, customer onboarding, or similar role
• ACAMS or similar AML Compliance certification
• General Securities Representative Exam (Series 7)
• Required Experience, Skills, and/or Knowledge:
• Understanding of rules, regulations and regulatory requirements (Bank Secrecy Act / US PATRIOT Act / OFAC)
• Familiarity with relevant financial regulations, such as SEC, FINRA, and applicable state and federal laws.
• PC proficient including Microsoft Office (Excel, Word, Outlook).
• Demonstrates superior organizational and prioritization skills with keen attention to detail.
• Must be able to handle highly confidential information.
• Utilizes a high degree of discretion, judgement, tact, and professionalism, both in person and on the phone.

COMPETENCIES:

• Quality of work & attention to detail: Delivers error-free work that fulfills the requirements of the assignment.
• Organization & Productivity (separate from billable hours): Efficiently uses time; plans and prioritizes work effectively; completes assignments on schedule; seeks to assist in areas outside of standard scope of responsibility; gets things done.
• Client Management (both internal and external clients): Makes clients the top priority while effectively managing client expectations; listens carefully to client needs and recommends appropriate services in response; keeps client informed and follows up to ensure client satisfaction
• Contributes Constructively: Provides helpful, relevant, and original ideas that result in improvements to work and deliverables. Challenges the status quo.
• Positivity & optimism: Maintains a positive outlook; faces challenges with optimism; sees the possibilities in all situations.
• Accountability: Takes personal accountability for actions, rather than placing blame on others.
• Initiative & Follow Through: Identifies what is needed to be done and does it before being asked or before the situation requires it; acts quickly to achieve results; sees tasks through to the end. Is dependable and reliable and brings their best each day and to every task.
• Adaptability/Flexibility: Adapting to changing needs, conditions, and work responsibilities; meeting deadlines, and maintaining composure in stressful situations; open to different and new ways of doing things; willing to modify approach.
• Interpersonal Skills: Building constructive working relationships characterized by a high level of cooperation and mutual respect; communicating respectfully and listening to others while making an attempt to understand alternative viewpoints.
• Communication Skills: Demonstrates mastery of both written and verbal communications, delivering clear and organized thoughts.
• Attendance & Punctuality: Shows up on time each day and puts in the hours needed to get the work done.
• Technology: Must be proficient in Microsoft Office (including competency in use of Excel, Word, PPT, and Outlook), as well as the ability to learn new programs and skills as needed.

TYPICAL PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

• Must be able to remain in a stationary position 50% of the time.
• Occasionally lifts, carries, pushes, or drags boxes or equipment up to 20 lbs.
• Frequently moves inside the office to access file cabinets, office machinery, etc.
• Occasionally required to position self in a stooping, kneeling, or crouching manner.
• Frequently required to use hands or fingers, handle or feel objects, tools, machinery and computers.
• Frequently communicates with others and must be able to exchange accurate information in these situations.
• Frequently operates a computer and other electronic equipment.
• The noise level in the work environment is usually low to moderate.

SCHEDULING REQUIREMENTS

• Requires some flexibility in scheduling, such as the ability to work evenings and weekends to meet client deliverables.

TRAVEL REQUIREMENTS

• May require ability to travel locally by car/public transportation, as well as domestic trips involving air travel for multi-night stays, and potentially international trips.

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The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required of personnel so classified. EF Hutton retains the right to change or assign other duties to this position.

EF Hutton is an equal opportunity employer. We believe that the most effective way to invite and retain a diverse workforce is to build an enduring culture of inclusion and belonging. The Firm does not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact careers@efhuttongroup.com.

Job Type: Full-time

Pay: $120,000.00 - $200,000.00 per year

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Relocate:

• New York, NY 10022: Relocate before starting work (Required)

Work Location: In person

Salary : $120,000 - $200,000