GORM Associate

Global Operational Risk Management Associate

We are seeking a San Antonio based GORM Associate to join our Global Operational Risk Management Department. GORM is responsible for detection and investigation of any potential or actual transactions that may be in violation of the policies and procedures established to ensure compliance with external regulations such as the Patriot Act and the Bank Secrecy Act and internal requirements such as prospectus stipulations. In addition, GORM provides a variety of transaction and surveillance reviews aimed at reducing potential fraudulent losses and / or detect and deter short term and excessive trading.

What You'll Do :

The role will assist the GORM Team and Team Leader with various regulatory reviews, GORM and AML reports, preparation for annual AML audits, and transaction monitoring. The GORM Associate role is essential to ABIS to ensure compliance with applicable Anti-Money Laundering requirements, Section 352 of the USA Patriot Act, The Bank Secrecy Act, and FINRA Rule 3310. In addition, GORM's prospectus and procedurally focused reviews help to maintain ABIS' compliance with 22c-2 requirements, which ultimately benefit AB Funds on this previously scrutinized area.

• Assist in the processing and review of GORM and AML reports
• Monitor customer transaction history for Suspicious Activity
• Develop and maintain relationships with internal and external clients
• Maintain and update department procedures
• Analyzes critical data to detect processing errors, prospectus violations, breaches in internal controls, and potential regulatory and legal violations
• Reviews transactions to ensure legal / prospectus requirements are properly satisfied
• Notifies GORM Team Leader of ABIS operational inquiries or basic procedural questions
• Escalates significant research findings / concerns to Team Leader or Manager to obtain instructions on how to proceed
• With guidance of Team Leader or Manager, researches potential incorrect / improper transactions using TA2000 lookup and AWD source and work objects
• Documents results / outcomes, supervisory instructions, exception processing, or other miscellaneous comments on AWD or on hardcopy reports
• Updates spreadsheet with various GORM statistics. Assists management in researching abnormalities in statistical data
• Perform other duties as assigned

What We're Looking For :

About AB

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple : to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.

Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!