Senior AML Specialist

Senior AML Specialist

Hybrid in Livingston, NJ

Monday through Friday 9:00 a.m. – 6:00 p.m.

CSC’s US Fund Administration group is seeking a Senior Specialist for the AML/KYC team with 2 to 5 years of experience to support the AML/KYC verification process for private equity investors, and due diligence validation efforts for new clients.

• The Senior Specialist will assist in the AML/KYC verification process for all engaged client relationships ensuring superior and accurate service with their designated team members.
• Deliverables include administration services provided to private equity funds and related clients, which includes but is not limited to:
• Ensure operational excellence in the AML/KYC on‑boarding, client data maintenance, document review, and remediation/KYC refresh processes and adopt best practices for process improvements.
• Review investor documents, identify deficiencies or compliance with CSC AML/KYC procedures and prepare status trackers for delivery to clients.
• Assist in identifying items for escalation and participate in decisions regarding client onboarding, AML risk assessment, and potential de‑marketing of high‑risk clients.
• Escalate all High‐Risk investors/clients, as appropriate, to the Manager, Compliance and/or legal teams for review and decisioning on further escalation to MLRO and Deputy MLRO for review and approval.
• Research and analyze background of new and existing clients.
• Partake in communications with clients, as appropriate, on AML/KYC remediation items and workflow processes.
• Perform source of fund verification utilizing different types of bank transaction reports, where needed.
• Create and/or update procedures, where applicable.
• Participate in ongoing training to stay abreast of regulatory and industry changes.
• Support implementation, upgrades and use of all CSC AML/KYC portals or technologies to manage daily workflow.

• BS/BA Degree in business, legal or related industry or equivalent work experience.
• ACAMS or CAFP designation preferred but not required.
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type).
• AML‑specific knowledge and experience is an asset.
• Knowledge around new Fraud/AML scenarios, FinCEN guidance, industry guidance, regulatory requirements, and industry “best practices” for anti‑money laundering and KYC programs is an asset.
• Able to multitask and perform tasks under strict deadlines.
• Experience maintaining client relationships.
• Professional verbal and written communication skills.
• Attention to detail and strong organizational skills.
• Investor Services experience a plus.

At CSC, compensation depends on several factors, including job location and the knowledge and experience of each individual. A reasonable estimate of the current range is $80,000 to $100,000.

Disclaimer:
The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.