Associate Compliance Analyst
ADP

Job Info

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ADP is hiring an Associate Compliance Analyst - AVS. In this position you will ensure compliance with the ADP's Anti-Money Laundering Program, FCRM (Financial Crimes Risk Management) to mitigate the risk of ADP products and services being used as a conduit for money laundering, the financing of terrorist acts or the financing or commission of other crimes. Follow FCRM processes to process FCRM cases including analysis, data research, requests for information, RFI follow up, documentation review, proper information logging activities and escalation actions as needed.

Create and or implement as directed required communication plans and proper course of action for impacted product areas. Coordinate/and or implement activities with dedicated product compliance directors, Legal Department, Agency Relations and other internal business stakeholders. Provide direction to develop and or participated in necessary IT Business Cases and/or product integration for any required systemic changes or work flow changes. Coordinate with impacted areas along with internal Operations & Compliance departments to take necessary steps to ensure seamless implementation.

Identify, develop and /or oversee all regulatory and reporting requirements related to Federal, State, Local agencies, OFAC, AML, FinCEN, NACHA, Sarbanes Oxley, SSAE16, money transmitter licensing. Provide compliance and risk integration expertise for product changes, acquisition and/or new money movement products. to ADP.

At ADP we are driven by your success. We engage your unique talents and perspectives. We welcome your ideas on how to do things differently and better. In your efforts to achieve, learn and grow, we support you all the way. If success motivates you, you belong at ADP.

We strive for every interaction to be driven by our CORE values: Insightful Expertise, Integrity is Everything, Service Excellence, Inspiring Innovation, Each Person Counts, Results-Driven, & Social Responsibility.

RESPONSIBILITIES:

• Monitor, control and correct key compliance operational processes.
• Collaborate with key business units and IT personnel to resolve the process issues.
• Ensure corrective measures are implemented timely and accurately in order to maintain process and compliance to all regulatory and reporting entities.
• Implements policies and procedures that support regulatory and legal changes.
• Collaborates with all product areas along with Corporate Audit and Legal Departments.
• Oversees and identifies all pertinent reporting requirements. (Operational requirements)
• Analyzes activity and trends to mitigate risk of loss to ADP; determines appropriate financial actions and/or workflow processes and works with third party vendors, regulatory agencies, internal business stakeholders and Clients to ensure minimal or no negative impact to ADP.
• Consults with internal business stakeholders, third party vendors, regulatory agencies, and industry governance organizations which may lead to development and implementation of required procedures and reporting and develops business requirements for system development with IT and other supporting organizations.
• Performs other related duties as assigned.

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