Senior Associate, Anti Money Laundering/Prevention/Know Your Client

Welcome to The Bank of New York Mellon, where we are committed to providing exceptional financial services to our clients while maintaining the highest level of integrity and responsibility. We are currently seeking a highly skilled and experienced Senior Associate to join our Anti Money Laundering/Prevention/Know Your Client team. In this role, you will play a critical part in mitigating the risk of financial crime and ensuring compliance with regulations. We are looking for a dedicated individual who shares our values and has a deep understanding of AML/KYC processes. If you are passionate about preventing financial crimes and have the necessary qualifications, we encourage you to apply for this exciting opportunity.

• Conduct thorough and ongoing due diligence on clients to ensure compliance with AML/KYC regulations and Bank policies
• Monitor and assess transactions for potential money laundering or other suspicious activity
• Analyze and investigate client information and transactional activity to identify potential risks and escalate to appropriate parties as necessary
• Stay up-to-date on AML/KYC regulations, industry trends, and best practices to ensure compliance and mitigate risk
• Collaborate with cross-functional teams to develop and implement effective AML/KYC procedures and controls
• Train and mentor junior team members on AML/KYC processes and procedures
• Prepare and submit reports to regulatory agencies as required
• Conduct periodic reviews and audits to ensure ongoing compliance with AML/KYC regulations
• Assist with internal and external audits and exams related to AML/KYC processes
• Serve as a subject matter expert and provide guidance to other departments on AML/KYC matters
• Maintain confidentiality and handle sensitive information with the utmost discretion and professionalism.

According to JobzMall, the average salary range for a Senior Associate, Anti Money Laundering/Prevention/Know Your Client in Pittsburgh, PA, USA is $65,000 - $85,000 per year. However, this can vary depending on the specific company, years of experience, and other factors.

The Bank of New York Mellon Corporation is an American worldwide banking and financial services holding company headquartered in New York City. Bank of New York was established in 1784. BNY Mellon was formed with the merger of The Bank of New York and the Mellon Financial Corporation.