Job DescriptionThe Compliance CIP and CDD Compliance Supervisor role is responsible ensuring that the Firm adheres to CIP and CDD regulatory requirements in coordination with the broader Anti-Money Laundering (team). The role involves creating, maintaining and enforcing the Firm's written Customer Identification Program and Customer Due Diligence policies, conducting enhanced due diligence and providing advisory guidance.
Responsibilities:This position is in the AML Compliance Group and will be primarily responsible for the following:
- Providing advisory guidance with respect to the Firm's Customer Identification Program (CIP) and Customer Due Diligence (CDD) policies and requirements to CIP compliance team members, customer onboarding/refresh teams and front office business units.
- Managing the assessment, escalation and resolution of adverse media, political exposure, regulatory sanctions and government economic sanctions (Sanctions) generated in connection with the screening of new and existing customer relationships from a reputational and regulatory risk perspective.
- Overseeing the performance of enhanced due diligence in connection with the review and approval of customer relationships designated as Medium or High Risk pursuant to the Firm's CIP.
- Reviewing, assessing and escalating disclosed customer dealings with sanctioned countries and parties to mitigate potential regulatory and reputational risk exposure to the Firm.
- Assisting with the CIP/CDD quality assurance (QA)/quality control (QC) review processes.
- Coordinating the annual and ongoing review of the Firm's CIP Risk on a global basis.
- Maintaining and updating the Firm's Customer Screening, PEP and Customer Risk Assessment guidelines.
- Assisting with the development of the Firm's annual AML training.
Knowledge, Skills, and Abilities: - Solid understanding of CIP, CDD, and Sanctions regulations and industry best practices
- Ability to operate in a fast paced, dynamic environment
- Excellent communication and problem-solving skills, with the ability to manage relationships with competing work priorities across a wide range of stakeholders including onboarding and client refresh teams, front office teams, coverage compliance officers and senior management
- Strong analytical skills to diagnose issues, propose solutions, and implement changes effectively
Education, Training and Experience: - Bachelor's degree
- 5 years+ of CIP, CDD and QA/QC compliance experience at a global financial institution
- Understanding of OFAC economic sanctions
- Experience working knowledge of Oracle customer list filtering solution preferred
- Fluent in Excel, Word and PowerPoint
- CAMS or equivalent certification in CIP/CDD/Sanctions preferred
Primary Location: Jersey City, NJ Full Time Salary Range of $90,000-$120,000.
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About UsJefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.
At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.
