AML & Anti-Fraud Compliance Support

1. Overview

This role (AML and anti-fraud focus) describes an individual who works at a high level using independent judgment as an individual contributor on compliance issues. The individual should have special expertise and be capable of taking full responsibility and managing potentially complex compliance issues

2. Role

• Provide AML and anti-fraud compliance support
• Review and resolve all OFAC sanctions or other government list alerts
• Working knowledge of rules and regulations governing both retail and wholesale broker-dealer activities.
• Provides Star Compliance system support to various Voya Financial businesses.
• Develop proficiency in all Star user modules (Code of Ethics, Gift & Entertainment, Outside Business Activities, Private Securities Transactions, Political Activity and Certifications & Attestations).
• Review and resolve all Star Compliance alerts, certifications and attestations.
• Review and render disposition on daily fraud alerts to detect account takeover fraud and prevent loss.
• Communicate new fraud cases through entry of account information to central fraud management system.
• Provide assistance with reviewing & updating AML and anti-fraud policies and procedures for various business entities if requested
• Provide assistance with performing annual review of AML and anti-fraud Risk Assessments for various business entities if requested
• Provide support with internal and external audits and exams as needed
• Assist with AML and anti-fraud surveillance & monitoring, including adaptation to match the current and future threat landscape.
• Respond to routine client due diligence requests if requested
• Respond to bi-monthly FinCEN requests, including reaching out to various Business Teams & reporting FinCEN matches electronically
• Stay abreast of legal, regulatory and AML changes, as well as fraud risks for various business entities
• Other projects and administrative duties as assigned

3. Role Requirements

• Bachelor's Degree or equivalent experience
• A compliance professional with a minimum of 2 to 5 years of relevant AML experience in compliance, asset management and broker-dealer compliance experience are required.
• Knowledge of anti-money laundering rules and regulations with an emphasis on the Bank Secrecy Act, as amended by the USA Patriot Act, and regulations promulgated thereunder, and OFAC Regulations Knowledge of the retirement business (corporate, healthcare, education, government, institutional, individual and insurance markets) a plus.
• Ability to effectively and efficiently contextualize potential fraud cases by navigating multiple customer platforms, and by applying business policies and procedures for root cause analysis.
• Excellent verbal and written communication skills and attention to detail.
• Proven ability to manage high volumes under tight deadlines while maintaining accuracy and minimizing risk to the company.
• Proven ability to prioritize assignments and maintain and/or exceed established processing timeframes.
• Leadership expected (e.g. taking proactive steps to assist other team members, working towards solutions versus only problem identification).
• Consistently works with business leaders and compliance team with reliable results under minimal supervision.
• Consistently demonstrates an ability to work across other lines of business and/or departments for Continuous Improvement opportunities.
• Takes responsibility for errors and applies new knowledge to next situation.
• Flexible to work night shifts.

4. Experience

• A compliance professional with a minimum of 2 to 5 years of relevant AML experience in compliance, asset management, and broker-dealer compliance experience is required.

Interested candidates can share their updated CV to nithin.d@voyaindia.com