Compliance Analyst/ Compliance Analyst Senior | Hybrid at Allianz Global Corporate & Specialty SE

Saint Louis Park, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Jan, 26

Salary

0.0

Posted On

04 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Judgment, Critical Thinking, Research Skills, Attention to Detail, Documentation Skills, Time Management, Prioritization Skills, Problem Solving, Communication Skills, Networking Skills, Adaptability, Team Player, Integrity, Commitment to Company Values, Ownership, Flexibility

Industry

Financial Services

Description

The Ethics & Compliance Analyst will be focused on supporting the Company’s Anti-Money Laundering & Economic Sanctions Programs, and will report to the AML, Sanctions, and Agent Oversight Manager. The candidate will be a member of the broader Financial Crimes Unit and will be responsible for assisting with and supporting the development, maintenance and implementation of procedures related to risk management and compliance with applicable AML and Sanctions regulations, Group requirements, and industry best practices. This position is mainly focused on AML and Sanctions risk mitigation and remediation by conducting AML investigations, reviews, and enhanced due diligence, AML and Sanctions alert reviews, AML testing and QC, and supporting the implementation of Allianz Life’s new Customer Due Diligence Solution - “ADDS”. The role involves working with many parts of the Organization mainly including Legal, Ethics & Compliance, IT, Distribution, New Business, Underwriting, Inforce Operations, and Claims, among other cross-functional teams. What you do: Responsibilities include, but are not limited to: Support the development of the Financial Crimes Programs and initiatives to comply with the respective Group and applicable regulatory obligations pertaining to anti-money laundering and economic sanctions; Support the AML Program and Team with detailed and prompt investigation of AML/Sanctions alerts and reports, including PEP/RCA cases and escalations, Financial Crimes Monitoring, reporting suspicious activity to the MLRO, including support on suspicious activity report preparation and filing; Participate in and facilitate information sharing with the MLRO, business partners, and peers in a timely and efficient manner, to ensure efficient communication; Work closely with direct counterparts as well as other business partners and stakeholders across the Company to support Allianz Life’s proactive AML efforts. Primary responsibilities include providing support for the AML Program, for the specific purpose of ADDS implementation, detecting, analyzing and preventing suspicious or fraudulent activity, within pertinent business units, channels and products; Improve and maintain applicable procedures, and oversee Standard Operating Procedures related to AML, Sanctions, and Financial Crimes Monitoring and Oversight; Execute second line monitoring and testing for the AML and Sanctions Programs; Aid in the improvement of tools to monitor, analyze, and report suspicious activity; Utilization of artificial intelligence tools and resources (e.g. generative AI). What you bring: Bachelor’s degree or equivalent work experience required; AML and/or Sanctions Certifications preferred with ACAMS; required within 24 months of hire; 1-2 years of experience in AML; Knowledge of laws and regulations pertaining to: FinCEN, OFAC, FINRA, Bank Secrecy Act, Patriot Act, International guidelines, as well as schemes associated with financial crimes affecting the life insurance & annuity industry; Demonstrate integrity and commitment to Company values; Good verbal and written communications skills, in particular, ability to communicate complex information to the Business; Ability to understand and solve problems and review cases, alerts, reports, in a fast-paced, time-sensitive environment; Analytical judgment, critical thinking, and research skills; Strong attention to detail and strong documentation skillset required; Strong time management and prioritization skills; Display sense of ownership in relation to attitude and actions, assignments and event outcomes; Ability to foster relationships, networking skills within the Company; Adaptable to change, flexible and open-minded; Team player; desire to work in a diverse team. Candidates must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas. 80427 | Legal & Compliance | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent

Responsibilities

The Compliance Analyst will support the development and implementation of procedures related to risk management and compliance with AML and Sanctions regulations. Responsibilities include conducting investigations, reviews, and supporting the implementation of the Customer Due Diligence Solution.