AML& Anti-Fraud Analyst
About The Position
If you are passionate about financial integrity and have a keen eye for detecting and preventing illicit activities, we invite you to apply for the role of Anti-Money Laundering (AML) and Anti-Fraud Compliance Analyst at Madison Avenue Securities. As an AML and Anti-Fraud Compliance Analyst, you will be responsible for monitoring and analyzing transactions, detecting suspicious patterns, and ensuring compliance with regulatory requirements. By leveraging your expertise in AML and fraud detection, you will contribute to maintaining the integrity of our institution and protecting our customers from financial threats.
Requirements
- Three plus years of experience in regulatory oversight and AML compliance within the financial services industry
- Comprehensive knowledge of laws, regulations, and legislative processes related to AML and Anti-Fraud requirements and controls
- Proficiency in Bank Secrecy Act (BSA) and AML reporting requirements mandated by FinCEN and other regulatory agencies
- Strong analytical skills with the ability to make sound judgments independently, even with limited or incomplete information
- Detail-oriented with a commitment to accuracy and thoroughness in conducting investigations and documenting findings
- Exceptional written and verbal communication skills, with the ability to interact with individuals at all levels of the organization
- Capacity to deliver high-quality work under strict regulatory or management deadlines
- Proactive mindset with the ability to work independently and collaboratively in a fast-paced, dynamic environment
Nice To Haves
- Bachelor's degree in Finance, Business Administration, or a related field
- Professional certification such as Certified Anti-Money Laundering Specialist (CAMS)
Responsibilities
- Conduct thorough investigations into allegations of anti-money laundering or fraud made against the company, registered representatives, Investment Advisor Representatives (IARs), and clients
- Utilize analytical tools and techniques to detect suspicious patterns and behaviors within financial data
- Investigate and analyze alerts generated by transaction monitoring systems, conducting in-depth research to determine the legitimacy of flagged activities
- Investigate issues related to vulnerable adults, consulting with internal stakeholders and custodians as necessary
- Ensure business adherence to SEC and FINRA policies and procedures regarding AML and Anti-Fraud compliance
- Prepare and submit Suspicious Activity Reports (SARs) in accordance with regulatory guidelines and deadlines
- Provide support during the annual AML risk assessment process
- Stay informed of evolving regulatory requirements, industry trends, and best practices in AML and fraud detection, incorporating relevant updates into our compliance processes
Benefits
- Salary range $60,000 to $80,000
- Benefits including medical, dental, vision and 401k (with matching options)
- Generous PTO package upon your start date
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
