Compliance Analyst - AML

Cetera • Des Moines, IA

1d • $60,000 - $90,000

About The Position

The Compliance Analyst - AML role involves gathering and analyzing information to ensure the Firm's Anti-Money Laundering (AML) policies and procedures, as well as all applicable laws and regulations, are followed. This includes reviewing and analyzing daily files related to Customer Identification Programs (CIP), monitoring client account activity for unusual activity, executing client reviews required under the Bank Secrecy Act, and documenting findings.

Requirements

• Effective written and oral communication skills with all levels within the organization.
• High School Diploma or GED required.
• Minimum 3 years of compliance or banking operations experience required.
• Minimum 3 years of general office or accounting experience required.
• Analytical skills that can recognize fraudulent items and items that merit more detailed review.
• Excellent customer service skills and ability to deal with elite clients.
• Proven critical thinking and strong time management skills.
• Ability to multi-task while maintaining a high level of quality and efficiency.
• General knowledge of bank operations and wire processing.
• Ability to plan and prioritize job assignments.
• Ability to communicate effectively orally and in writing.
• Excellent organizational skills and detail oriented.
• Requires good knowledge of wire payment processes and related legal/regulatory requirements.
• High level of quality/quantity of work and customer service.
• Strong analytical skills, ability to resolve routine to complex problem/issues independently and take initiative on new assignments.
• Thorough knowledge of compliance related functions.
• Thorough knowledge of applicable regulatory requirements.
• Good knowledge of Outlook and Microsoft Office applications.

Responsibilities

• Gather and analyze applicable information and resources to ensure Firms’ Anti-Money Laundering policies and procedures, as well as all applicable laws and regulations are followed.
• Review and analyze daily files related to Customer Identification Programs.
• Monitor client account activity for unusual activity.
• Execute client reviews required under Bank Secrecy Act and document findings.
• Review and investigate daily requests related to Customer Identification Programs (CIP).
• Maintain documentary evidence of CIP related searches.
• Review and communicate discrepancies related to AML policies and procedures to the AML Manager.
• Analyze exception reports related to Office of Foreign Asset Controls (OFAC) review and utilize systems to address identified exceptions.
• Perform necessary regulatory inquiries related to Financial Crimes Enforcement Network (FinCEN).
• Review daily exception reports and communicate with financial advisors on any unusual or suspicious activity.
• Review and detect variances in policies and regulations through systems and reports.
• Support supervisory and operations personnel to address questions or concerns related to AML and CIP activity.
• Take active part in the review, monitoring, testing and verification of our Firm policies and procedures.
• Perform the required Customer Due Diligence reviews to help determine customer risk profiles.
• Perform research as requested on customer accounts.
• Other duties as assigned.

Benefits

• Inclusive health, dental, vision, and life insurance plans built to support diverse lifestyles, offer preventative care, and protect against hardship.
• Easy access to mental health benefits to meet our team members and their families where they are.
• 20+ days of paid time off (PTO), paid holidays, and 2 paid wellness days.
• 401(k) savings plan with a generous company contribution (up to 5%), and access to a financial professional.
• Paid parental leave to support all team members with birth, adoption, and fostering.
• Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare, commuting, and more.
• Employee Assistance Program (EAP), LifeLock, Pet Insurance and more.
• Paid caregiver leave to provide time away from work when caring for an ill or recovering family member.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED