Who We Are:

Oppenheimer & Co. Inc. (“Oppenheimer”) is a leading middle-market investment bank and full service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.

Job Description

Oppenheimer & Co. Inc. is seeking a Senior AML Transaction Monitoring Investigator to join their AML Group located in our Downtown Manhattan office. The investigator will perform surveillance on retail and institutional clients maintained at the firm. This surveillance will primarily be accomplished by reviewing large data sets of transactions across our various business lines, products, branches and jurisdictions and may also include reviewing Actimize alerts, exception reports, conducting detailed research on the involved parties, and analyzing activity for those parties for possible money laundering, terrorism financing, and/or other suspicious activities. The Investigator will also determine the source of the funds and if the activity makes sense for the involved parties. The reviews include, but are not limited to performing background research on entities and/or individuals using databases such as LexisNexis, World Compliance, as well as open source searches. The Senior Investigator is also expected to clearly document and explain the review performed. Previous experience covering Broker Dealer or Private Wealth business/Private banking in an AML capacity is required.

Responsibilities:

• Securities based AML focus investigations as it relates to Sanctions and AML
• Mentor and lead junior members to advance their understanding of investigative process and procedures
• Identify and provide training to junior investigators to enhance the team’s investigative prowess
• Effectively communicate with lines of businesses to obtain additional information and documentation as needed
• Recommend appropriate follow-up and possible action for customers that exceed the Firm’s risk tolerance
• The ability to synthesize and distill information from various sources to concisely communicate to senior management

Qualifications/Requirements

• Experience in deep dive investigations and all aspects of AML/KYC/CDD/EDD across securities and transactional processing
• Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product type, customer type, etc.) and dispose of appropriately
• Bachelor’s Degree required; Certified Anti-Money Laundering Specialist (CAMS)
• Advanced experience (5-7 Years) of reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations
• Critical thinking and analysis across investment products (equities, fixed income, foreign currency transactions)
• Experience writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements
• Deep knowledge of traditional banking and investment products, financial instruments, and anticipated/expected customer behavior in order to effectively identify risk and suspicious activity
• Knowledge of applicable anti-money laundering laws, including the Bank Secrecy Act, the USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements
• Excellent verbal and written communication skills
• Advanced proficiency in MS Office (Outlook/Word/Excel)

Compensation:

For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $95,000.00 - $120,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.

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