Compliance Associate, FIU

Wealthfront • Palo Alto, CA

303d • $114,500 - $125,000

About The Position

Wealthfront is seeking a talented, passionate, and experienced compliance professional to support the Financial Intelligence Unit (FIU). This individual will work closely with other members of the Legal and Compliance division, and collaborate with other departments across the firm including Fraud Operations, Product Support, and Engineering.

Requirements

• BA/BS degree
• 2 - 4 years direct or relevant experience conducting Anti-Money Laundering (AML), Sanctions or Follow-the-Money related analysis and/or investigations
• Willingness to obtain applicable registrations and/or licenses as necessary

Nice To Haves

• CAMS certification
• Certified Fraud Examiner certification
• Experience at a Broker-Dealer, including FINRA Series 7 and 24 registrations
• Product experience including mutual funds, money market funds, ETFs, margin products and 529 plans
• Experience with or general understanding of broader financial services including investment advisory and banking

Responsibilities

• Conduct in-depth investigations that include thorough reviews of transactional activity, internal KYC records, and open source research and file Suspicious Activity Reports (SARs) in accordance with regulatory reporting requirements
• Maintain accurate metrics for FIU investigations and SAR filings to ensure stakeholders are well-informed in decision-making processes
• Leverage expertise to assist in the identification of unusual financial activity indicating potential money laundering, terrorist financing, and fraud
• Conduct deep-dives into account and transaction activity to identify and expand upon existing Fraud and Anti-Money Laundering (AML) typologies
• Support the Company’s suspicious activity detection, transaction monitoring, and reporting programs and drive enhancements to the program, including updates to related controls and accompanying policies and procedures
• Maintain awareness of and provide thought leadership for impending regulatory changes

Benefits

• Medical insurance
• Vision insurance
• Dental insurance
• 401K plan
• Generous time off
• Parental leave
• Wellness reimbursements
• Professional development
• Employee investing discount

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree