AML Enhanced Due Diligence Specialist

Location NC, United States
Experience level Experienced Hire
Job details sector Finance, Control and Strategy
Apply before Date not available

The AML Enhanced Due Diligence Specialist ("AML EDD Specilalist") is responsible for assessing the AML and reputational risk associated with higher risk client types as escalated through the first line operations and business units during onboarding and supports customer due diligence processes.

Job Requirements and Responsibilities include:
• Responsible for managing the FinCen 314a and IRS 8300 regulatory required functions and processes start to finish, including oversight responsibilities of business unit personal in performing this responsibility.   
• Supports the company's customer screening process and procedures in place to detect high risk activities requiring enhanced due diligence.
• Assist in the enhancement and review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements. Conduct reviews of client documentation/information submitted by business units; A good understanding of Corporate Formation Documents is needed.
• Responsible for collecting and analyzing documents related to account opening requirements in order to identify control persons and underlying beneficial owners.
• Enhance and manage a risk identification strategy that continually identifies new business risks and lessons learned from applicable regulatory enforcements.
• Monitor, review, and report unusual client/ policy activity to lead investigator.   
• Perform research and provide guidance to inquiries from employees, business managers, internal and external auditors by providing information and guidance in a timely manner.
• Handle other duties as assigned to assist with the effective administration of the AML and KYC Policies.


• Knowledge of USA Patriot Act/Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) regulatory requirements required, including understanding of OFAC sanctions and CDD/KYC requirements.
• Minimum requirements:  Bachelor's Degree, 2+ years of broker dealer, compliance, operations controls, new business onboarding, audit, legal, regulatory or law enforcement experience. 
• Ability to identify gaps and/or risk exposure in AML compliance programs.
• Experience with conducting AML enhanced due diligence investigations and ability to explain new AML requirements.
• Demonstrated familiarity/competency in using transaction monitoring software, screening applications, and various AML Investigative tools.  Knowledge of Norkom/Detica, Lexis Nexis, Bridger, and World-Check strongly preferred.
• Strong analytical, problem solving and organizational skills.
• Excellent written/verbal communication skills required.
• Excellent investigative/analytical/problem resolution skills required.
• Demonstrated ability to influence others in a team environment
• Able to work effectively with management, sales forces and third party service providers.
• Project Management and work planning skills.
• Relevant Professional Certification (Association of Certified Anti-Money Laundering Specialists (ACAMS), Associate of Certified Fraud Examiners (ACFE) or Association of Certified Financial Crime Specialists (ACFCS) is a plus.

Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.
In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
As an employer AXA is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. AXA US has been recognized and certified as a great place to work by the Great Place to Work Institute.
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave AXA.  Almost 40% of our open jobs are filled with current employees.


NOTE: AXA participates in the E-Verify program.
In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.
AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.