EXPECTATIONS AND REQUIREMENTS:

• Experience performing AML investigations in a brokerage account (with broker dealer) and retail banks.
• 5+ years of AML experience within the financial services industry.
• 3-5+ years’ experience performing AML Transaction Monitoring investigations, preferably for a retail bank, drafting Suspicious Activity Reports (SARs) and/or performing quality assurance (QA). Any additional experience in Broker/dealer transaction monitoring is a plus.
• Bachelor’s degree, or equivalent work experience, in areas such as financial services, investigative service, or law enforcement.
• Advanced understanding of the Bank Secrecy Act, USA Patriot Act, and other applicable laws and regulations.
• Prior experience performing AML Investigations and drafting SAR narratives.
• Experience overseeing the work of others and providing feedback, e.g., in an oversight/Quality Assurance/second level reviewer role.
• Good knowledge of Microsoft Office.
• Strong oral and written communication skills.
• Strong analytical experience.
• Excellent research and decision-making skills.

BROKERAGE AML INVESTIGATOR

Please note: Candidates with EDD/KYC and Fraud experience are not a fit for this role. Looking for seasoned investigator candidates that will be able to conduct case investigations.

Responsibilities:

• Perform analysis of transactional data for suspicious activity, fraudulent transactions, and money laundering patterns.
• Pull transactional records from bank systems, conduct internal/external research on customers.
• Investigate findings to determine if the case can be closed or escalated for suspicious activity reporting (SAR).
• Draft SAR narratives.
• Manage and complete a daily/weekly number of cases provided to clear.
• Report on daily production completion to Team Leads.
• Act with integrity, professionalism, and personal responsibility to uphold the firm’s respectful and courteous work environment.

Qualifications:

• US banking experience is a must.
• FINRA licenses including the SIE or Series 7, Series 4, Series 24 - Preferred.
• Knowledge related to retail and/or institutional brokerage products and services and applicable compliance rules and regulations.
• Securities trading experience in equities, bonds, options, futures contracts.
• Transaction analysis and how it relates to FINRA Red Flags and associated risk.
• Knowledgeable in the areas of research: ACAT Transfers/Rejections, Special handling, and transfers between category types (Type 1 = Cash, Type 2 = Margin, Type 3 = Short, etc.).
• Back Office/Front Office Experience, including security reconciliation, margin reconciliation, securities processing/master.
• Experience performing AML investigations in a brokerage account (with broker-dealer) and retail banks.
• Minimum 5 years Business & Functional Experience.
• Minimum 3 years experience with AML, transactional analysis of data, Anti-Money Laundering (AML) signals, structuring, and experience writing Suspicious Activity Reports (SARs).
• Bachelor’s degree, or equivalent work experience, in areas such as financial services, investigative service, or law enforcement.
• Experience performing AML investigations work in a bank or financial institution.
• Experience in retail banking is nice to have but not required

Job Type: Contract
Pay: $40.00 - $45.00 per hour
Work Location: Remot

Responsibilities:

• Perform analysis of transactional data for suspicious activity, fraudulent transactions, and money laundering patterns.
• Pull transactional records from bank systems, conduct internal/external research on customers.
• Investigate findings to determine if the case can be closed or escalated for suspicious activity reporting (SAR).
• Draft SAR narratives.
• Manage and complete a daily/weekly number of cases provided to clear.
• Report on daily production completion to Team Leads.
• Act with integrity, professionalism, and personal responsibility to uphold the firm’s respectful and courteous work environment