Compliance Analyst
About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium's mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.
Meet the Team
The Compliance Department at Millennium adopts, implements, and enforces a compliance program that includes policies and procedures, processes, systems, controls, surveillance, testing, and reporting. The team supports the Firm's global antimoney laundering compliance program across jurisdictions, partnering with internal stakeholders and service providers to maintain effective controls and meet evolving regulatory requirements.
What You''ll Do
- Maintain and enhance the Firm's AML Compliance Manual and broader AML compliance program across relevant jurisdictions
- Develop and administer AML training for internal personnel and the Fund's administrator, and report significant AML developments to the Chief Compliance Officer
- Monitor regulatory developments and assess their impact on the Firm's AML compliance program
- Support Investor Relations with the review and screening of subscription documents, redemption requests, and related investor matters
- Determine enhanced due diligence requirements and conduct detailed reviews of PEPs, SFPFs, and other highrisk investors, including potentially suspicious activity
- Develop and maintain systems and reports that capture AML-related investor information, and review and reconcile related reports produced by the Fund's administrator
- Prepare SARs and other required or voluntary regulatory filings, and maintain AML compliance records for production upon request
- Support internal and external audits, regulatory examinations, due diligence reviews, service-provider visits, DDQs, RFPs, AML certifications, and related remediation efforts
What You Bring
- 2-5 years of legal or compliance experience in AML
- Undergraduate degree required; CAMs is a plus
- Strong knowledge of federal and state AML requirements, including the Bank Secrecy Act, USA PATRIOT Act, OFAC administered laws, regulations, and Executive Orders
- Familiarity with applicable nonUS AML and sanctions requirements, including those relevant to offshore funds and Cayman law
- Solid knowledge of AML compliance regulations, monitoring techniques, and enhanced due diligence practices
- Ability to work independently, conduct complex AML analysis, and apply sound judgment to compliance matters
- Strong organizational, analytical, drafting, communication, and issue-spotting skills, with close attention to detail and quality
- Ability to manage multiple priorities with minimal supervision and partner effectively with business units on strategic business and compliance issue