Anti-Money Laundering Monitoring Analyst

This is a fully remote position, open to applicants in California.

📋 Description

• Evaluate and manage transaction monitoring alerts in line with established protocols, assessing whether escalation to the Financial Intelligence Unit is necessary.

• Perform comprehensive reviews of transaction activities, internal KYC records, and open-source research for effective triage and monitoring operations.

• Ensure precise and documented records of triage decisions and alert outcomes are maintained.

• Collaborate with the Engineering team to improve and refine transaction monitoring processes.

• Detect unusual financial activities that may suggest money laundering, terrorist financing, or fraud.

• Conduct thorough investigations into account and transaction activities to identify and develop Fraud and AML typologies.

• Aid in the detection of suspicious activities, transaction monitoring, and reporting initiatives while enhancing relevant controls, policies, and procedures.

• Support adverse media and PEP watchlist screening efforts.

• Stay informed and provide insights on upcoming regulatory changes.

• Work in partnership with Legal and Compliance, Fraud Operations, Product Support, and Engineering.

⛳️ Requirements

• A Bachelor's degree (BA/BS).

• 2–4 years of pertinent experience in conducting AML, Sanctions, or Follow-the-Money analysis and/or investigations.

• Extensive, practical knowledge of money laundering typologies and associated red flags.

• Experience in conducting triage or preliminary assessments of potentially suspicious activities.

• Background in reviewing suspicious activities across cash management, automated investment advisory, brokerage, and home lending products.

• Familiarity with subpoenas and Section 314(a) and 314(b) requests under the USA PATRIOT Act.

• Experience in developing, refining, and reviewing transaction monitoring parameters.

• Strong understanding of BSA/AML, FinCEN, FINRA, and SEC regulations.

• Proven experience leading cross-functional projects, including teamwork with Engineering.

• Exceptional analytical, organizational, verbal, and written communication skills.

• Comprehensive analytical capabilities with a strong ability to identify, quantify, and resolve issues.

• Willingness to secure necessary registrations and/or licenses as required.

• CAMS or CFE certification is preferred.

• Experience as a broker-dealer or registered investment adviser, including FINRA Series 7 and 24 registrations, is preferred.

• Experience with financial products and AML programs in banking-as-a-service or bank partnership contexts is preferred.

🏝️ Benefits

• Medical insurance.

• Vision insurance.

• Dental insurance.

• 401K plan.

• Generous time off.

• Parental leave.

• Wellness reimbursements.

• Professional development opportunities.

• Employee investing discounts.

• Equity options.

• Discretionary bonuses.