2027 Summer Internship Program - Anti-Money Laundering (AML) Intern - St. Petersburg, FL

Raymond James & Associates•Saint Petersburg, FL

3d•Hybrid

About The Position

This 10-week immersive internship program provides an opportunity to gain insight into the business and culture of Raymond James while building relationships and skillsets. The Anti-Money Laundering (AML) Client Intelligence Unit (CIU) team protects clients, financial advisors, and the firm from fraud, money laundering, and other financial crimes. The team ensures compliance with AML rules and regulations, including the Bank Secrecy Act, USA PATRIOT Act, and other applicable laws. The AML CIU has three primary functions: Client Intelligence Program, Customer Due Diligence screening, and Enhanced Due Diligence. As an intern, you will perform various tasks with general guidance, practice critical thinking and decision-making for complex cases, and resolve routine issues, escalating as needed. Duties include conducting in-depth reviews of clients for adverse media or political exposures, ad hoc reviews on potential clients, verifying information on new accounts, shadowing the Enhanced Due Diligence team, contributing to projects, presenting knowledge gained, and learning to operate office equipment and software.

Requirements

Junior or senior standing candidate pursuing a Bachelor's or Master's Degree in a Business or Criminal Investigations field with a graduate date of May 2028
Basic knowledge of concepts, practices, and procedures of securities industry and/or banking compliance reviews.
Basic knowledge of AML laws and regulations
Basic knowledge of Microsoft Office Suite
Basic knowledge of professional office environment best practices
Basic knowledge of concepts related to finance, compliance, and investigations
Skilled in conducting in-depth research using internal and external resources
Skilled in gathering information and preparing written reports on the findings
Skilled in creating and delivering effective written and oral presentations
Skilled in analyzing data and assessing situations
Skilled in prioritizing tasks and staying organized
Skilled in operating standard office equipment and using, or quickly learning, software applications
Ability to summarize complex information by identifying and extracting relevant details
Ability to maintain strong attention to detail while keeping a big picture perspective
Ability to identify patterns and trends through effective information gathering and analysis
Ability to prioritize and manage multiple tasks to meet deadlines
Ability to communicate clearly and effectively, both verbally and in writing
Ability to work independently and collaboratively as part of a team
Ability to deliver a high level of customer service
Ability to establish and maintain effective working relationships
Criminal Investigations majors or Finance, Business, or other related Business majors
Any equivalent combination of experience, education, and/or training approved by Human Resources

Responsibilities

Conduct in-depth, required reviews of new or existing clients to identify any associated adverse media or political exposures
Conduct ad hoc reviews on potential clients
Verify individual or entity client information on newly opened accounts
Shadow the Enhanced Due Diligence (EDD) team to better understand high-risk client reviews & processes
Contribute to projects and varied assignments across each of the AML CIU functions
Present to leadership to showcase the knowledge gained through the Summer Internship Program
Learn to operate office equipment and required software applications to complete daily tasks
Perform other duties and responsibilities as assigned