Senior AML Analyst

About the role

This position supports the AML Compliance function by executing program governance processes that maintain compliance with regulatory requirements and the firm’s Anti-Money Laundering and Economic Sanctions Programs.

Responsibilities

• Provide credible challenge to U.S. Wealth Management AML processes through data analysis, testing, and knowledge of AML regulatory compliance framework.
• Identify areas of concern in the control environment, research issues, and make recommendations as necessary.
• Manage the regulatory compliance management framework for the U.S. Wealth Management AML program, including review and analysis of new regulations, policies, procedures, and controls.
• Cook up exams, audits and independent reviews.
• Coordinate exams, audits and independent reviews.
• Perform testing of AML and Economic Sanctions control processes, including the application of relevant laws, regulations, policies, and procedures.
• Maintain clear, concise, and appropriate documentation of work performed as well as synthesizing complex work papers into a summary report of issues and observations.
• Deliver testing results in a professional manner through a variety of communication channels.
• Proactively identify and recommend improvements to enhance the effectiveness or efficiency of the U.S. Wealth Management AML Program.
• Assist in the comprehensive risk assessment of the U.S. Wealth Management AML Program.
• Participate in relevant projects and support to ad hoc requests pertaining to the U.S. Wealth Management AML Program.

Requirements

• Must-have:
  • Five or more years of experience in a financial services environment, with specific experience in AML, Audit, or Compliance.
  • Extensive knowledge of regulatory/compliance risk management and anti-money laundering related requirements including BSA, USA PATRIOT Act, OFAC, and other applicable U.S. regulations.
  • Bachelor’s degree, preferably in business, finance, or accounting.
  • FINRA Series 7 license or willingness to obtain within six months of start date.
  • Excellent communication and interpersonal skills.
  • Ability to prioritize and manage multiple tasks while ensuring that assigned job responsibilities and department goals are met.
  • Demonstrate reliability, confidence, self-direction, flexibility, and strong attention to detail.
  • Maintain accurate and complete records of actions taken with respect to job responsibilities.
  • Ability to identify and escalate sensitive issues with discretion.
• Nice-to-have:
  • Experience in testing, auditing, or quality control of compliance-related processes.
  • Advanced computer skills and previous exposure to database or data analysis technologies.
  • CAMS designation.

Qualifications

• Must-have:
  • Five or more years of experience in a financial services environment, with specific experience in AML, Audit, or Compliance.
  • Extensive knowledge of regulatory/compliance risk management and anti-money laundering related requirements including BSA, USA PATRIOT Act, OFAC, and other applicable U.S. regulations.
  • Bachelor’s degree, preferably in business, finance, or accounting.
  • FINRA Series 7 license or willingness to obtain within six months of start date.
  • Excellent communication and interpersonal skills.
  • Ability to prioritize and manage multiple tasks while ensuring that assigned job responsibilities and department goals are met.
  • Demonstrate reliability, confidence, self-direction, flexibility, and strong attention to detail.
  • Maintain accurate and complete records of actions taken with respect to job responsibilities.
  • Ability to identify and escalate sensitive issues with discretion.
• Nice-to-have:
  • Experience in testing, auditing, or quality control of compliance-related processes.
  • Advanced computer skills and previous exposure to database or data analysis technologies.
  • CAMS designation.

Skills

• Anti-Money Laundering (AML)
• Communication
• Data Gathering Analysis
• Detail-Oriented
• Financial Regulation
• Fraud Risk Management
• Group Problem Solving
• Internal Controls
• Operational Integrity
• Process Management

Benefits

• We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper.
• We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Pay

• The good-faith expected salary range for the above position is $70,000 - $130,000 (Minnesota) depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.

Schedule

• We offer a comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• Our leaders who support your development through coaching and managing opportunities.
• We provide opportunities to make a difference and lasting impact.
• We offer flexible work/life balance options.
• We provide opportunities to do challenging work.
• We provide opportunities to take on progressively greater accountabilities.