• Manager- AML Advisory

    Job Locations US-NY-New York
    Job ID
  • Overview

    Lloyds Bank forms an integral part of Lloyds Banking Group, a UK-focused retail and commercial bank with more than 30 million customers. Our operations in North America include corporate and wholesale banking, as well as broker dealership.  Our strategy is to provide a client-focused approach for global businesses with strong links to the UK. We have been operating in North America for over 100 years, with offices in New York and Houston.


    Lloyds Bank is committed to attracting, retaining and developing the best talent in the industry and embracing the diversity of our people. We offer our colleagues ongoing training and development, mentoring, and networking opportunities, as well as extremely competitive benefits and vacation leave. We are dedicated to working with our community and in addition to a calendar of work-based volunteering and fundraising opportunities, we offer colleagues a “day to make a difference” each year for a charity of their choice.


    Role Overview:

    Assist the Senior Manager, AML Advisory in ensuring that the North America business units are adhering to the AML

    Compliance Program guidelines. Coordinate and monitor day to day compliance with applicable money

    laundering laws, rules, regulations and the practices, procedures & controls implemented by the





    • To provide day to day guidance to the Business' employees regarding Compliance with local and US AntiMoney laundering/Know Your Customer laws & regulations and institutional policies.
    • To ensure that an effective AML / KYC plan / procedure exists to protect the Business against the risk of its customers being involved in potential money laundering activities.
    • To ensure that the AML unit timely reviews all AML alerts and exceptions are disposed of without any delays with the assistance of Relationship Managers. Also ensure that unresolved exceptions are escalated to senior management for taking Business decision.
    • Update the BSA Officer, the Compliance Committee and the US Country Manager on all AML related issues / deficiencies by preparing summaries of review/findings and discuss corrective action plan for closure.
    • Focus on work prioritization within the AML unit, monitor productivity of AML unit staff and implement ways to improve it.
    • Perform periodic review of banking relationships that are relatively high risk e.g. PEPs, Footprints in other geographic locations.
    • To prepare and coordinate the execution of the BSA/AML & OFAC risk assessment
    • Reviewing PEP relationships
    • Ensuring that unit's RCA is complete in terms of coverage of all applicable regulatory requirements and institutional policies.
    • Reviewing the resourcing needs of the compliance function



    ·         Comprehensive and practical understanding of the provisions of, and experience in providing guidance on, matters related to 312, 313, 314(a), 314(b) and other provisions of the USA Patriot Act as well as the Bank Secrecy Act.

    ·         Minimum 7 years BSA/AML experience; minimum 5 years with a US regulatory body

    ·         Experience developing and executing strategy to satisfy an BSA/AML enforcement action

    ·         Experience with coordinating and readying an organization for BSA/AML examination

    ·         In addition to BSA/AML experience, broker dealer knowledge is a plus

    ·         Comprehensive knowledge of the FFIEC Manual

    ·         Strong working relationship with the US regulatory community

    ·         Ability to act decisively and independently in situations requiring quick analysis and decision making

    ·         Excellent communication and presentation skills

    ·         Strong report writing skills

    ·         Advanced knowledge of MS Excel, PowerPoint and MS Word.

    ·         Strong attention to detail and proven execution abilities

    ·         Staff management experience


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