AML Analyst

LPL Financial • Tempe, AZ

2d

About The Position

The AML Analyst supports LPL Financial’s efforts to detect, investigate, and prevent financial crimes, including money laundering, terrorist financing, and fraud. The role helps ensure compliance with regulatory requirements and internal procedures by analyzing internal referrals and customer transactions, screening alerts for sanctions and negative news, and conducting enhanced due diligence on prospective and existing clients.

The analyst assesses internal referrals and escalations, determines appropriate next steps, and creates cases for further investigation. The position also includes initial and ongoing customer due diligence, transaction monitoring, and preliminary investigations of flagged activity and alerts. The AML Analyst collaborates with Compliance, Legal, Operations, Fraud, Risk, and other internal teams.

Requirements

• Bachelor’s degree.
• 1–3 years of experience in AML, compliance, or fraud investigations.
• Knowledge of AML regulations and financial crime typologies.
• Analytical and problem-solving abilities.
• Attention to detail and an investigative mindset.
• Written and verbal communication skills.
• Ability to work independently and collaboratively.

Nice To Haves

• Certified Anti-Money Laundering Specialist (CAMS) certification.
• Certified Fraud Examiner (CFE) certification.
• FINRA licenses, such as SIE or Series 7.

Responsibilities

• Assess internal referrals and escalations concerning potential money laundering or customer risk, determine appropriate next steps, and create cases for further investigation.
• Perform initial and ongoing customer due diligence, including enhanced due diligence for high-risk clients.
• Review and analyze customer activity to identify patterns that may indicate money laundering or other illicit activity.
• Conduct initial investigations into flagged transactions, customer behavior, and alerts to determine legitimacy and risk.
• Collaborate with internal partners and teams, including Compliance, Legal, Operations, Fraud, and Risk.

Benefits

• 401K matching.
• Health benefits.
• Employee stock options.
• Paid time off.
• Volunteer time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level