AML Compliance Officer

 

RQD* is a modern clearing firm that offers clearing, custody, and execution solutions designed to meet the needs of today's dynamic market participants. Built entirely on cloud-native, real-time technology, RQD can quickly and seamlessly enhance its platform, adapt to regulatory changes, and offer a more efficient implementation that scales as clients grow. In addition to portfolio margin, RQD supports U.S. equities, options, ETFs, and other securities, catering to broker-dealers and FinTechs, including RIAs, that service retail, institutional, and active traders, foreign financial institutions, and proprietary trading firms. RQD Clearing is proud to be backed by our current investors, ABN AMRO Bank and Nyca Partners, and we are currently in the process of finalizing our Series B round of funding.

 

This is an opportunity to work for a fintech start-up and to be an integral part of growing a broker-dealer from the ground up. As a small, hardworking team, we pride ourselves on our entrepreneurial culture and cross-team collaboration.

 

As we continue to expand our reach, we are seeking an AML Compliance Officer to join our Compliance Team to assist in the expansion and enhancement of our AML and overall Compliance Program.  In this position, you will be responsible for reviewing client account documentation, performing CIP, reviewing negative news, conducting follow up with Correspondents, investigating and dispositioning AML alerts, filing SARs, reviewing sanctions and assisting to ensure adherence with regulatory requirements and guidelines.  This is a prime opportunity for someone looking to broaden their skillset and expand their compliance knowledge outside of just the AML arena.

Key Responsibilities:

• Assist in directing the firm’s regulatory priorities and compliance program
• Serve as the initial point of contact with respect to client on-boarding. This includes: obtaining and verifying client KYC documentation to ensure adherence to all Compliance policies, procedures and regulatory/AML obligations
• Conduct comprehensive internal compliance reviews such as wire and ACH surveillance activity exception reports
• Assist in responding to regulatory inquiries and audits as needed
• Draft and update policies and procedures such as WSPs and AML
• Design and administering of periodic AML, sanctions or regulatory training
• Internal communication and support for operation and development staff
• Involvement in the firm’s SAR filing process
• Research and actively monitor sanctions, AML rules and updates

Qualifications:

• Experience working in AML/Sanctions compliance at a broker dealer, clearing firm, regulator or financial services firm
• Proactive, self-starter -- able to work well under pressure
• SAR filing experience
• Effective communicator -- able to interact well with different teams and personalities
• Exceptional writing skills
• 314(a) review experience
• Experience with CIP, KYC, AML and Sanctions
• Background working in or subject to rules of:  DTCC, OCC, SEC, and FINRA
• SIE, Series 7 and 63 (within the first 6 months of joining)
• ACAMS preferred
• 5+ years related experience

Helpful, but not required:

• T-SQL + .NET(C#) + Microsoft Azure Stack
• Series 7 and 63
• ComplyAdvantage experience a plus
• Trulioo experience a plus