Risk & Fraud Control Analyst

American Century Investments • Kansas City, MO

3d • Hybrid

About The Position

The Risk & Fraud Control Analyst protects American Century Investments and its clients by detecting and deterring fraud, money laundering, identity theft, and frequent trading. The role has oversight of and performs procedures for the American Century Privacy Office, Anti-Money Laundering Office, Fraud Committee, and Identity Theft Red Flags program.

The analyst oversees and performs procedures to ensure transaction monitoring and Customer Identification Procedures (CIP) are carried out effectively and supported by appropriate documentation. The role also researches transactions and cases and makes recommendations to the RFC Manager and Senior Anti-Money Laundering Officer. This is a hybrid position based in the Kansas City, Missouri office and reports to the Senior Anti-Money Laundering Officer. The position is not eligible for visa sponsorship; applicants must be authorized to work in the United States without sponsorship now or in the future.

Requirements

• Bachelor’s degree or an equivalent combination of education and work experience.
• Experience with and understanding of expected client behavior and activity.
• Demonstrates American Century Investments’ Winning Behaviors: Client Focused, Courageous and Accountable, Collaborative, Curious and Adaptable, and Competitively Driven.

Nice To Haves

• Previous transfer agency experience.
• Extensive knowledge of anti-money laundering and privacy regulations.

Responsibilities

• Review and analyze reports and industry notifications related to detecting and preventing anti-money laundering, fraud, privacy, and frequent-trading events.
• Use systems to validate clients, monitor client activity, and, when necessary, prevent account transactions.
• Create and administer training on Risk and Fraud Control topics.
• Manage suspicious-activity investigations and author and submit Suspicious Activity Reports.
• Create, maintain, document, and communicate the company’s AML and Privacy programs, ensuring operational compliance requirements are met.
• Support all areas and levels of the firm in accessing and managing risk, and provide risk-based recommendations informed by experience, industry trends, and domestic and international directives and regulations.
• Detect potentially illegal activities through thorough review of reports.
• Manage detailed investigations and exercise appropriate judgment after researching and reviewing case facts.
• Determine priorities, plan and organize work, and follow through on assignments.
• Complete accurate transaction-monitoring reports that are clear to internal and external parties.
• Maintain accurate records of CIP exceptions and other AML program requirements.
• Prepare and present executive summary reports and investigation timelines for matters requiring escalation to management.
• Prepare Suspicious Activity Reports and other government reports.
• Continually refine RFC databases and system-generated and manual AML reports and queries.
• Perform risk assessments on identified business processes and recommend mitigating control procedures.
• Participate in RFC meetings, including AML Office, Privacy Office, and Fraud Committee meetings, and in industry group discussions.

Benefits

• Competitive compensation package with bonus plan.
• Generous paid time off and competitive benefits.
• 401(k) with a 5% company match plus an annual performance-based discretionary contribution.
• Tuition reimbursement.
• Formal mentorship program.
• Live and online learning.

What This Job Offers

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