Intermediate Compliance Analyst – AML
Responsibilities:
- Conduct due diligence research/investigations on potentially high risk new and existing customers.
- Research and analyze reports, referrals, and alerts for potential money laundering and determine whether to open or close a case. Conduct simple and more involved financial crimes investigations with limited direction from senior level staff.
- Provide AML and Sanctions compliance oversight as needed to ensure activities/transactions are consistently handled and/or referred.
- Provide input on department processes and procedures; work with senior levels to implement changes.
- Assist in more complex financial crime investigations
- Foster a culture of compliance to help prevent, detect, and reduce company risk with respect to financial crime.
- Review current policies and procedures; identify and help to implement new and/or enhanced practices.
- Contribute to the development of new and/or enhanced compliance programs and enterprise-wide initiatives.
- Research current, new, and proposed regulatory requirements (e.g., statutes, regulations, bulletins) to determine impact to organization.
- Provide guidance and/or develop summaries related to regulatory requirements; identify possible courses of action for various departments.
- Analyze processes, services and products and provide ongoing guidance to ensure compliance with regulatory and statutory requirements.
- Compile information for completion of reporting, including reports for management and state/federal regulators. Depending on complexity of the request, perform analysis, identify trends and follow up on opportunities for enhancement.
- Provide guidance and support to business partners
- Update and maintain complete and accurate policies, procedures, compliance logs or files.
- Assist team members with research and assigned tasks and provide training to supported teams.
- Work with Operations to provide guidance on Sanctions program.
- Assist in responding to regulatory inquiries with direction from senior levels.
Qualifications:
- Bachelor’s degree in business, marketing, pre-law or other relevant field, or equivalent education and experience.
- Two years of AML or related experience.
- Written and verbal communication skills.
- Analytical and research skills.
- Proficiency using MS Office tools.
Compensation:
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The Salary for this position generally ranges between $56,000 - $70,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Bonus Eligibility:
This position is also typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company Discretion.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.