ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Risk Management: Compliance, Scandal, Fraud and the Anti-Corruption Manager

Updated on September 17, 2017
Patty Inglish, MS profile image

Ms. Inglish is an award-winning Employment & Training pro with regional records and tens of thousands placed into gainful employment.

Source

What is Anti-Corruption Work?

Job posting boards and aggregates have featured an increasing number of positions in Anti-Corruption Careers Since the beginning of 2013. Job seekers may wonder what that industry entails and may think about politics and banking when they hear the word corruption.

Simplified, anti-corruption as a whole seeks to make public and private, domestic and international business transacations transparent and legal in a variety of iindustry sectors.

Source

Where Are Anti-Corruption Jobs in the USA?

From early 2013 through 2017 American companies advertised approximately 500 to 1,000 anti-corruption related positions at any time. The number of openings advertised rose to over 1,400 positions in the spring 2015 and declined to a steady 500 or more during the remainder of the time interval.

The largest numbers of openings are usually found in the larger metro areas of New York City; Washington DC; nearby Quantico/Norfolk/McLean/Arlington VA; Houston/San Antonio/Dallas TX; San Francisco; Chicago; and Columbus OH. Many of these large metro areas are involved economically with either large businesses and non-profits, government and defense missions, or both.

In the new 21st Century Space Race, anti-corruption work may increase, because competitions between nations is high in securing rights to celestial bodies for work in Asteroid Mining since 2012, Lunar Habitation since 2013, and Missions to Mars (privately planned for 2018).

Large sums of money are involved in all of these endeavors, as well as extraordinary interest shown by several global countries, individual investors, and private businesses.

In the Health and Medical Industry, anti-corruption work is important in cases of potential fraud related to claims and reporting of personal injury, Workers Compensation, SSI/SSDI, Medicare, Medicade, prescription drugs, and others.

Locations of largest numbers of anti-corruption jobs.

A
New York City:
New York, NY, USA

get directions

B
Washington DC and Virginia Suburbs:
Washington, DC, USA

get directions

C
Chicago:
Chicago, IL, USA

get directions

D
Atlanta GA:
Atlanta, GA, USA

get directions

E
Jacksonville FL:
Jacksonville, FL, USA

get directions

Source

Advertised Salaries

The advertised salaries for all anti-corruption type jobs listed as open across the United States ranges from $40,000 to over $120,000 annually, plus benefits.

Nearly all of these positions are full-time jobs, but Summer Interns (now called Summer Associates) are employed by a few companies, such as Navigant, Dow Jones, and Deloitte, especially in data analytics.

Percentage of Total Jobs by Salary Level:

  • $40,000 - 59,999: 31.3%
  • $60,000 - 79,999: 20.4%
  • $80,000 - 99,999: 18.4%
  • $100,000 - 199,999: 10.2%
  • $120,000 and greater: 19.7%

Companies Hiring the Most Anti-Corruption Workers

Financial and government contractor agencies are doing most of the hiring, as follows:

  1. Morgan Stanley
  2. JPMorgan Chase: This financial products, mortgage, and banking organization advertises as many anti-corruption jobs as the next four companies combined.
  3. PricewaterhouseCoopers USA
  4. Eli Lilly
  5. Grant Thornton
  6. Microsoft
  7. Celgene Corporation
  8. Deloitte
  9. PwC: From the company website: "We provide industry-focused assurance, advisory and tax services for over 85% of the largest US public and private companies." This includes Forensic Accounting, which has become a growing field since 2000 in light of uncovered large Ponzi schemes and other fraud.
  10. Deloitte Development
  11. Navigant Consulting - Global Investigations
  12. Compliance Search
  13. Center for International Private Enterprise
  14. American International Group
  15. Dow Jones

Examples of Anti-Corruption Job Titles

  • Anti-Corruption Attorney
  • Anti-Corruption Compliance Manager
  • Anti-Corruption Training and Education Manager
  • Anti-Money Laundering Services Manager - Deloitte, Washington DC
  • Audit Manager, Anti-Bribery & Corruption -- Research Triangle Park, NC
  • Border Advisors
  • Budget Analysts
  • Compliance Officers, Chief Compliance Officer (CCO), Analysts, and Associates
  • Corrections Advisors
  • Cyber Crime and Breach Response Manager
  • Data Analysts
  • Forensics Cyber Manager - McLean VA, known as "Internet Alley" and a leading city for Internet advancement.
  • Global Financial Crimes Compliance /Senior Advisor - JPMorgan Chase; anti-money laundering and others.
  • Government Contracting Ethics and Compliance Director - McLean VA
  • Healthcare Internal Audit Senior Associate
  • Linguists
  • Police Advisors
  • Role Player/Surveillance Team Member
  • Security Specialists

Source

Who is an Anti-Corruption Manager?

Sample Qualifications and Duties for an Anti-Corruption Manager

TITLE: Anti-Money Laundering Investigation Manager

INDUSTRY: Banking and Financial Products/Services

SALARY: GlassDoor.com: Wage Range $83K to $88K in New York City

QUALIFICATIONS

  • Proficiency with MS Office Suite, financial software, and spreadsheets
  • BS or BA degree in any field; most applicable would be finance, business, computer information, forensic accounting, and related areas.
  • Certified Anti Money Laundering Specialist Certification is a plus
  • Understands financial products, bank customers, and usually expected types of activity in order to identify risk and suspicious activity as it happens
  • 2 or more years of supervisory experience
  • 3 or more years of experience in banking and finance, legal, or compliance career fields
  • Experience with the daily operations of Anti-Money Laundering operations or similar
  • Above average problem solving, time management, and detail management skills
  • Excellent analytical skills
  • Proven interpersonal and leadership skills
  • Able to develop employees to meet and exceed performance standards
  • Must be accomplished in verbal and written communications

DUTIES

  • Manage daily schedule and workflow for a Investigatice Team per department and company standards
  • Strong understanding of US Regulations, especially the Bank Secrecy Act and US Patriot Act
  • Find and identify service delivery failures and alert business owners
  • Review daily work items in a tiely manner
  • Train and meet with individual investigators, set goals and coach to exceed goals
  • Write performance analyses on a regular basis withplans for improvement and advancement
  • Understand and instruct in policies, procedures, and human resources issues
  • Conduct computer data research via survellience and monitoring systems, and public/subscription-based services
  • Prepare and present department related reports and action plans
  • Make decisions on ending identified risky relationships
  • Consistently perform in-depth and often complex investigations, providing detailed analysis of data

© 2013 Patty Inglish MS

Comments

    0 of 8192 characters used
    Post Comment

    • Patty Inglish, MS profile imageAUTHOR

      Patty Inglish MS 

      5 years ago from USA. Member of Asgardia, the first space nation, since October 2016

      Hi KKG! - It's exciting to know your daughter works in forensics. It's a fascinating field!

    • KoffeeKlatch Gals profile image

      Susan Hazelton 

      5 years ago from Sunny Florida

      Patty, this is such an indepth article. My youngest daughter works in the forensics field. I will be passing this along to her. Up and awesome.

    • Patty Inglish, MS profile imageAUTHOR

      Patty Inglish MS 

      5 years ago from USA. Member of Asgardia, the first space nation, since October 2016

      Hi KwameG -- It all seem to be a part of criminology and finance, along with anti-fraud work in a number of fields; so, I think it is overall Forenics.

    • KwameG profile image

      KwameG 

      5 years ago from MS

      Patty, thanks for this very informative and insightful hub. I will be passing the link on to a few guidance counselors. The information here may help someone find a new career path. If you had to give a name to this type of research, finding new jobs trends, what would you suggest? Thanks again.

    • Patty Inglish, MS profile imageAUTHOR

      Patty Inglish MS 

      5 years ago from USA. Member of Asgardia, the first space nation, since October 2016

      You're welome, Kathleen! Because I look a lot at want ads every day, I noticed these jobs and did some investigation. A lot of the positions are not listed with the Dept. of Labor's Occupational Outlook Handbook online yet, so I think they must be pretty new. Maybe this Hub will help people look for new types of jobs!

    • Kathleen Cochran profile image

      Kathleen Cochran 

      5 years ago from Atlanta, Georgia

      So much expert research in this hub about something I never heard of. Thanks for the interesting information.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)