Sr Compliance Analyst-AML HNW

At Franklin Templeton, we’re driving our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals. Our talented teams working around the globe bring expertise that’s both broad and unique. From our welcoming, inclusive, and flexible culture to our global and diverse business, we offer opportunities not only to help you reach your potential but also to contribute to our clients’ achievements.

Come join us in delivering better outcomes for our clients around the world!

What is the Global Compliance group responsible for?

• Fiduciary Trust Company International’s (“Fiduciary Trust International” or FTI) Global Compliance Transaction Monitoring Team is responsible for assisting in mitigating money laundering, sanctions, and terrorist financing compliance risks facing the company. This includes potential material loss, financial loss, or loss of reputation, as well as the possibility of regulatory sanctions. The Transaction Monitoring Team monitors client transactions conducted through its accounts on a risk basis, with a particular emphasis on high-risk products, services, customers, and geographic locations. The team is also responsible for sanctions screening, 314 a/b compliance, and filing Suspicious Activity Reports (SARs)#MID_SENIOR_LEVEL

What is the Senior Compliance Analyst responsible for?

• The Senior Compliance Analyst is responsible for monitoring and overseeing Anti-Money Laundering (“AML”) activities to ensure compliance with US AML laws and regulations. The Senior Compliance Analyst provides compliance support and expertise within established guidelines. Specific responsibilities include resolving AML investigations, completing all processes in connection with Suspicious Activity Reporting (SAR), updating policies and procedures when necessary, training, and executing special projects related to the AML surveillance and monitoring program.

• The Senior Compliance Analyst should be familiar with all US laws and regulations related to the Bank Secrecy Act, Office of Foreign Assets Control (OFAC), and the USA PATRIOT Act.

What are the ongoing responsibilities of a Senior Compliance Analyst?

• Administer the GIFTS Transaction Monitoring System, FTI’s traditional AML software, and support the Threatmatrix program when required.

• Conduct AML investigations and Quality Assurance reviews of transaction monitoring processes performed by the staff. Provide feedback and identify/implement training needs.

• Perform monthly and semi-annual case consolidation of alerts in GIFTS.

• Perform monthly search list profile uploads in GIFTS.

• Oversee daily activities performed by the Team in HYD related to GIFTS interface and assist Supervisor in tracking and resolution of GIFTS production issues.

• Read and understand all applicable FTCI policies to successfully perform job responsibilities.

• Provide regulatory guidance on a case-by-case basis with respect to clients and/or their activity. Ensure that appropriate due diligence is conducted, and informed decisions are made with respect to such clients and activity.

• Plan, coordinate, and direct the Bank Secrecy Act (BSA) functions and related policies, procedures, training, and compliance regime. Manage all aspects of the BSA and amendments to include the USA PATRIOT Act and OFAC, including transaction monitoring, drafting.

• Develop and communicate policies for various businesses with respect to AML, including reports, as required. Ensure all management reporting is complete, timely, and accurate.

• Prepare and distribute periodically various Management Information Systems (MIS) tracking reports, including open GIFTS or Threatmatrix issues, etc.

• Coordinate and administer AML and fraud training and monitor effectiveness.

• Take lead in various Transaction Monitoring projects and support the management in completion of critical projects."

What ideal qualifications, skills & experience would help someone to be successful?

• At least 8 years of experience in a transaction monitoring investigative role, preferably in the private banking and wealth management industry.

• Comprehensive understanding of AML, OFAC, and the USA PATRIOT Act.

• Experience with GIFTS transaction monitoring system or other automated transaction monitoring vendor software.

• Ability to demonstrate critical thinking, decision making, and problem-solving skills.

• Ability to guide and advise the business on AML/Bank Secrecy Act (BSA)/OFAC issues.

• Great interpersonal skills.

• Excellent written and verbal communication skills.

• Strong attention to detail and highly organized.

• ACAMS certification is a plus but not required.

Education:

• 4-year degree or equivalent business experience (3-year degree India)

Job Level - Individual Contributor
Work Shift timing - 2:00 PM - 11:00 PM IST