Job Description

Overview

A leading investment management firm is currently looking to appoint a Senior Associate to join its Boston office.

A strong compliance culture is central to the firm’s values. The Compliance Department is comprised of two organizational functions.   The first is business advisory compliance, which is generally co-located within the various business units and is the first point of contact for all compliance-related issues and questions that arise in the business.  The business advisory compliance team is responsible for providing advice and general compliance guidance as well as drafting line of business specific policies and procedures.  The second function is core compliance.  The core compliance function provides cross line of business support including: compliance reviews; conflict and risk identification; monitoring and surveillance; personal trading; compliance policies and procedures; and continuing education and training.   

The Compliance team is seeking a Senior Associate to join with a focus on Anti-Financial Crime (AFC), including Anti-Money Laundering (AML), sanctions, and Know Your Customer (KYC) processes. This role will support the firm’s global compliance framework by coordinating due diligence and ongoing monitoring of investors, counterparties, and transactions, ensuring adherence to applicable AFC/KYC regulatory requirements and internal policies.  

This position will sit within the business advisory compliance team of the firm’s Compliance Department, reporting into the team led by the Head of Compliance, Investor Relations/Broker-Dealer.  

Key Responsibilities

• Help with the design and implementation of the firm’s AFC and KYC program, with a specific focus on counterparties, portfolio companies, and investments 
• Assist in maintaining and updating AFC/KYC policies and procedures 
• Partner with Legal, Operations, Deal Team and external counsel to facilitate KYC on investors, counterparties, portfolio companies, and other relevant parties
• Collaborate with global Compliance and Legal teams on AFC and KYC related matters 
• Review and analyze complex ownership structures to identify ultimate beneficial owners
• Provide guidance to internal stakeholders on KYC requirements and risk considerations
• Conduct sanctions and adverse media screening and analyze potential matches
• Help manage and maintain systems used across AFC/KYC program   
• Support ongoing monitoring activities 
• Escalate suspicious or high-risk matters appropriately and support internal investigations as needed
• Monitor applicable regulatory developments and support implementation of new requirements 
• Ensure related documentation meets regulatory and internal policy requirements and is effectively organized for reference 

Skills, Knowledge & Experience

• ​​2 to 4 years of relevant experience in AML/KYC, anti-financial crime, or financial crime compliance
• Working knowledge of global AFC/AML laws and regulations applicable to investment advisers and broker-dealers, including the Bank Secrecy Act 
• Strong understanding of global sanctions frameworks (e.g. OFAC, EU, UK HMT, etc.)
• Familiarity with risk-based approach to conducting KYC and Customer Due Diligence 
• Ability to analyze and assess risk and exercise sound judgment
• Bachelor’s degree, preferably with legal studies, finance, or similar business concentration, and with a strong GPA
• Relevant professional certification (e.g., CAMS) a plus
• Dedicated team player with a strong sense of ownership and problem-solving skills
• Capacity to handle highly confidential and sensitive information
• Detail oriented, conscientious and energetic professional with the ability to think creatively and independently
• Excellent organizational skills; ability to prioritize and manage multiple projects
• High attention to detail, accuracy, and precision
• Strong interpersonal skills; capacity to coordinate and interact with internal/external parties across multiple levels
• Strong verbal and written communication skills
• High level of integrity and discretion

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