Commonwealth Financial Network · 3 weeks ago
KYC AML Analyst
Waltham, MA
Full-time
Hybrid
New Grad, Entry Level
$67K/yr - $81K/yrCommonwealth Financial Network is a company focused on providing a supportive work environment and promoting work/life balance. They are seeking a KYC AML Analyst who will be responsible for conducting investigations to support regulatory compliance and ensuring customer satisfaction by analyzing transaction patterns and mitigating risks.
ConsultingFinanceFinancial Services
Responsibilities
Assisting in CIP Process for new and existing clients
Performing complex analysis and reporting in accordance with written policies and procedures
Conducting in depth review of transactional activity, emails, and general notes to comprehend rational for trading and account activity
Compiling and performing advanced analysis on Customer Due Diligence documentation and research
Developing timely and accurate OSINT to detect and mitigate risks
Reporting any negative results in a timely manner to team leaders
Carrying out other research projects as requested
Qualification
Required
Conducting investigations in support of our Customer Identification Program (CIP)
Using analytical skills to support AML initiatives
Assisting the Fraud and Senior Investor Protection (FSIP) team when needed
Researching using Open-Source Intelligence (OSINT), internal records, and gathering data to assess and mitigate risks
Examining transaction and patterns to uncover suspicious activities related to money laundering, fraud, or irregular trading
Ensuring compliance with regulatory requirements, including the Bank Secrecy Act, AML regulations, AMLA, and the American Patriot Act
Assisting in CIP Process for new and existing clients
Performing complex analysis and reporting in accordance with written policies and procedures
Conducting in-depth review of transactional activity, emails, and general notes to comprehend rationale for trading and account activity
Compiling and performing advanced analysis on Customer Due Diligence documentation and research
Developing timely and accurate OSINT to detect and mitigate risks
Reporting any negative results in a timely manner to team leaders
Carrying out other research projects as requested
Skilled at customer service and demonstrated ability to manage difficult conversations/complaints
Excellent interpersonal skills and ability to communicate effectively both verbally and in writing
Practical experience in business and an understanding of business management
Ability to handle highly confidential information professionally and with appropriate discretion
Ability to demonstrate flexibility to work well under pressure
Demonstrated initiative and creativity in problem solving
Ability to manage and learn multiple systems
Proficiency in Microsoft Office (including Word, Excel, and PowerPoint)
Effective organizational skills
Benefits
Generous bonus and 401(k) programs
Tuition reimbursement
Flexible work schedules
Incredible health care benefits
Company
Commonwealth Financial Network
Commonwealth Financial Network is an independent broker and dealer supporting financial advisors.
Founded in 1979
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2025-03-28Acquired
Leadership Team
Jay Grandfield CRPC®
CEO Zenith Advisory Group
Michael L. Stone
CEO & Founder of Milestone Investment Management LLC
Recent News
2026-01-16
2025-12-07
GlobalFinTechSeries
2025-12-03
Company data provided by crunchbase