AML FIU Manager – Transaction Monitoring

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel, where success meets success.

The Transaction Monitoring Manager oversees the daily activities to ensure requirements of department are fulfilled, as required by Firm policies or regulatory rules. The Manager is responsible for training, leading and mentoring the department associates and their work for completion of assigned duties. The Manager will provide support to the AML-FIU Director for internal procedures, special projects and other team initiatives. Provides support to the TM Team including, but not limited to, Suspicious Activity Reporting oversight, program governance, and metrics and reporting.

• Develop and lead AML & Financial Crimes analysts, including providing coaching and supporting team culture and dynamics, to meet high performance standards.
• Provides guidance to analysts when researching existing and new accounts to identify negative trends and change in customer transaction behavior for suspicious activity.
• Identify potential gaps in AML-FIU-TM processes and spearheads small projects to implement solutions.
• Conduct or oversee quality and accuracy reviews on associates within the AML-FIU team to ensure the associate's review is complying with specific AML-FIU-TM policies and procedures.
• Establish relationships with other leaders and managers in other business units and support teams, throughout compliance and firm, to influence excellent information flow and feedback on the impacts of process, policy and product changes.
• Exercise excellent independent judgment and discretion when making decisions or recommendations in relation to each alert/case decision and investigation.
• Review and approve Suspicious Activity Reports (SAR) for the AML-FIU-TM team.
• Assist in monitoring rule changes or regulatory developments related to AML.
• Assist in writing, maintaining, and auditing policies and procedures specific to AML-FIU-TM and provide training and guidance to analysts for new functions.
• Refers and escalates cases as appropriate to law enforcement and management.
• Work closely with AML-FIU Director to ensure the workflow is prioritized based on staffing and capacity

• Ability to communicate information and ideas in spoken or written form so that others will understand.
• Handles sensitive information in a confidential and professional manner.
• Industry knowledge, theories and concepts of methodology, process development, change management and implementation.
• Expanded knowledge of Compliance analysis and reporting. Ability to identify and affect appropriate risk and control mechanisms.
• Demonstrates professionalism, integrity, maturity, intellectual curiosity, initiative and good judgment; takes pride of ownership for wins and accountability for losses/mistakes.
• Dedicated to accomplishing goals; willing to take on additional responsibilities to produce outstanding work; strives for excellence; maintains a positive attitude through stressful situations.
• Ability to use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. Understanding the implications of new information for both current and future problem-solving and decision-making.
• Advanced Understanding of laws, legal codes, government regulations, agency rules including SEC/Exchange rules/regulations, Industry practice and Stifel policies and their application.

• Minimum Required: Bachelor's Degree
• Minimum Required: 7+ years of AML Brokerage or Banking Experience and 2 years of Management experience.

• Minimum Required: Series 7 & 63

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook

Stifel is more than 130 years old and still thinking like a start-up.  We are a global wealth management and investment banking firm serious about innovation and fresh ideas.  Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.

While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations.  Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more.  Let’s talk about how you can find your place here at Stifel, where success meets success.

At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.

Stifel is an Equal Opportunity Employer.