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Commonwealth Financial Network · 2 weeks ago

AML Compliance Analyst

US-MA-Waltham

Full-time

Hybrid

Entry, Mid Level

2+ years exp

Commonwealth Financial Network is a company focused on providing business solutions to independent financial advisors. They are seeking an AML Compliance Analyst to monitor and investigate potentially suspicious financial activity, requiring excellent critical thinking and communication skills.

ConsultingFinanceFinancial Services

Responsibilities

Performing anti-money laundering risk identification/prevention functions through transaction monitoring alert reviews, account/transaction reviews, and forensic research, while documenting results in the firm’s case management system to ensure compliance with recordkeeping requirements and quality of case records

Analyzing financial documents and statements to identify suspicious patterns

Working with financial advisors and internal stakeholders to increase awareness and better understand expected account activity

Collaborating with other AML teams including (FSIP) Fraud/Senior Investor Protection and (KYC) Know Your Customer by helping identify cases of suspected financial exploitation and adverse news

Preparing and filing suspicious activity reports within BSA and SAR regulatory standards and timelines

Providing regular reporting to management on alert and case volume, SAR’s, threats, trends, and ad-hoc projects

Staying current on emerging technological and industry trends by attending seminars, webinars, training sessions and industry networking conferences

Qualification

CAMS certificationCFE certificationFinancial investigationsAnalytical skillsMicrosoft OfficeOpen source researchSharePoint proficiencyNICE Actimize experienceFINRA Series 7Communication skillsCustomer focus

Required

2+ years of experience in an anti-money laundering or fraud investigation environment in the financial services industry or financial investigations experience in federal, state, or local law enforcement

CAMS or CFE certification required or ability to obtain within 12 months of employment

Strong quantitative and analytical skills

Proficiency in Microsoft Office (including Word, Excel, and PowerPoint)

Exceptional open source research skills

Ability to work independently, multitask, and meet strict target dates

Proven expertise with financial investigations using risk-based judgment, critical thinking skills, and strong investigative aptitude

Exceptional customer focus with the ability to build relationships effectively and quickly; establish trust, respect, competence, and confidence

Ability to manage highly confidential information with discretion

Exceptional verbal and written communication skills