AML Compliance Officer

Title: AML Compliance Officer

Employee Status: Regular Full Time

Work From Home Option: Hybrid - 2 Days/Week (40% Remote)

FLSA Status: Exempt

Job Overview Seasoned individual contributor, who works independently with minimal supervision. Supports the implementation and continuous improvement of NYRA's anti-money laundering and compliance activities. Administers key components of the AML compliance program, supports regulatory reporting obligations, reviews and escalates suspicious activity, maintains AML-related policies and procedures, coordinates training efforts, and partners across business units to promote compliant operations and risk awareness.

Essential Functions

• Works independently under limited supervision to execute AML and compliance responsibilities, exercising a high level of decision making to resolve problems and roadblocks as they occur.
• Maintains knowledge of applicable AML laws, regulations, and reporting obligations to support the administration and continuous improvement of NYRA's AML compliance program.
• Prepares and files required FinCEN/BSA reports, including Currency Transaction Reports, Form 8300, Money Services Business Registration filings, and suspicious activity reports, as necessary and in a timely manner.
• Reviews, evaluates, investigates, and documents suspicious activity or transactions and escalates matters for reporting or further review where appropriate.
• Supports adherence to NYRA's AML Customer Identification Program and Know Your Customer due diligence protocols in partnership with relevant business units.
• Creates, maintains, and updates AML-related policies, procedures, and associated controls and supports updates to applicable automated systems as needed.
• Partners with Human Resources and other departments to maintain effective AML training, including introductory training for new employees and periodic refresher training.
• Maintains required files and registrations and supports responses to law enforcement requests as directed by management.
• Prepares written reports, summaries, and communications regarding AML activity, emerging issues, and compliance matters for management and staff.
• Assists in identifying, monitoring, and reporting on other NYRA compliance responsibilities as assigned.

Qualifications

• Bachelor’s degree required.
• JD, MBA, or CPA preferred, but not required.
• Minimum eight years of experience in financial services data analysis and reporting.
• Experience in AML or a related compliance field strongly preferred.
• Proficiency in Excel, Word, and PowerPoint.

Summary Of Physical Requirements And Work Environment Travel to Belmont 0-15% and Saratoga 0-15%

Pay Range / Salary: $90,000.00 - $135,000.00