Counsel- AML/BSA

Job Description



The Suspicious Activity Response Team (“SART”) carries out the company’s enterprise-wide financial intelligence and suspicious activity investigation and reporting function, and provides legal advice and support to business and compliance teams on issues related to anti-money laundering (AML) and Know Your Customer (KYC) obligations.   SART’s primary mission is to mitigate company risk through excellence in suspicious activity investigations and reporting.  The Team works closely with the company’s Compliance, Corporate Security, Information Security, and Legal Departments.  Activity investigated by the Team includes money laundering, terrorist financing, public corruption, identity theft, wire fraud, securities fraud, market manipulation, data breaches, economic sanctions violations, and other types of fraud.


SART seeks a Counsel to join its team of legal and investigative professionals.  Within SART, the Counsel serves as anti-money laundering counsel; advises on issues related to KYC obligations; reviews, interprets, and advises on relevant laws and industry best practices pertaining to AML; participates in internal AML/financial fraud investigations; reviews case investigations performed by Investigator staff; and, makes decisions about whether to report suspicious activity as required under the Bank Secrecy Act and USA PATRIOT Act.  


Specific responsibilities include advising the business lines and Compliance professionals on anti-money laundering and other financial fraud issues, conducting research and analysis of suspicious account activity, gathering documents as necessary and reviewing compiled case investigation files in order to review case investigation decisions made by Investigators, analyzing transaction data, research results, and information compiled by the Investigator staff to ascertain whether transaction activity is suspicious and requires external reporting, validating decisions regarding whether particular activity is isolated or part of a larger issue, identifying and resolving discrepant information, and escalating related matters for internal disposition as appropriate.  In addition, the Counsel works with the lines of business and participates in discussions with higher levels of management and more senior personnel within the shared services such as Compliance, Risk, Audit, etc., collaborates with Investigator staff on their investigations and provides recommendations/feedback, reviews presented business issues, conducts appropriate research and investigation, and crafts solutions around suspicious activity reporting.  



Qualifications




Bachelor's Degree or equivalent and Graduate Degree in Law required.


3-7 years of total work experience as a qualified attorney is preferred.  Experience working in AML/KYC/financial crimes groups at a financial institution or with a law firm, or as a public prosecutor, is preferred.





BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.


Primary Location: United States-Pennsylvania-Pittsburgh
Internal Jobcode: 85115
Job: Legal
Organization: Legal Affairs-HR06241
Requisition Number: 1917465