Title: Senior Due Diligence Associate 

Location:

St. Louis, MO

Charlotte, NC

Minneapolis, MN

Duration: 6 months

Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits

Summary:

Lead support functions or operations for multiple business groups and contribute to large scale strategic initiatives. Ensure efficiency, quality, cost effectiveness of solutions, and pipeline management relating to assigned operations. Research moderately complex business, operational, and strategic initiatives that require analytical skills, basic knowledge of organizational strategy and Business Execution, and understanding of international business. Work independently to make recommendations for support function by providing support and leadership. Assist in the planning and execution of a variety of programs and initiatives that may include risk mitigation, efficiency, and customer experience. Collaborate and consult with team leaders in developing project plans, policies and procedures. Provide leadership in management of relationships and implementation of programs, services, and initiatives with cross functional business partners.

Responsibilities:

• Participate in conducting due diligence programs performing WIM level customer relationship reviews as part of the ongoing due diligence process (ODD)
• Provide subject matter expertise on various high risk customer processes along with AML and Financial Crimes related policy and procedures; providing expert level guidance to partners across the various WIM businesses
• Support business in execution of due diligence reporting processes and controls, interpret policies, guidelines and governance programs
• Review and analyze client onboarding processes and account transactional activity that require research, investigation, evaluation, and selection of alternatives
• Provide subject matter expertise on documentation and data sources and exercise independent judgment to guide moderate to high risk deliverables
• Compose detailed written qualitative risk assessment summaries, making sound and supported recommendations for risk mitigation for high risk customers at onboarding or upon identification, and periodically throughout the life cycle of the customer
• Resolve moderately complex issues and lead team to meet functional area process deliverables
• Leverage solid understanding of the function, policies, procedures and compliance requirements
• Collaborate and consult with peers, colleagues, managers and internal and external customers to resolve issues and achieve goals
• Maintaining current knowledge of the external regulatory environment and continuously assessing and reporting real and potential impacts to WIM’s businesses

Qualifications:

• Demonstrated ability to evaluate risks and to communicate relevant risk to the business in a simple, decisive, timely and market-appropriate manner
• BSA/AML/OFAC Regulatory Compliance in large, diverse financial institutions
• Federal or State Law Enforcement pertaining to White-Collar Crime
• Federal or State Financial Institution Regulatory Oversight pertaining to BSA/AML Compliance
• Experience working with complex offshore operating and non-operating holding structures to include Personal Investment Companies (PICs), Trusts, Foundations, Reinsurance, etc.
• Internal Auditing of BSA/AML/OFAC Programs for large, diverse financial institutions
• Experience assisting with programs designed to adhere to BSA/AML/OFAC laws and regulations in either a retail / commercial bank or retail brokerage environment
• Experience in performing financial investigations, activity analysis, and risk analysis
• Experience in conducting due diligence and investigative related duties at a large global financial institution.
• Experience working within a financial crimes / AML role covering private banking and wealth management with exposure to central/south America and the Caribbean.
• Strong, clear and concise written communication skills
• Advanced Microsoft Office skills
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Ability to interact with all levels of an organization
• Certified Anti Money Laundering Specialist (CAMS)
• Certified Fraud Examiner