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Symetra · 12 hours ago

Compliance Consultant, AML Compliance

United States

Full-time

Remote

Senior Level, Lead/Staff

$88K/yr - $146K/yr

8+ years exp

Symetra has an exciting opportunity to join their AML Compliance team as a Compliance Consultant. In this role, you will support the execution and improvement of Symetra's Anti-Money Laundering and OFAC compliance programs, working closely with various teams to ensure compliance with regulatory requirements.

Financial ServicesHealth InsuranceInsuranceLife Insurance

Growth Opportunities

No H1B

Responsibilities

Support the development, maintenance, and implementation of AML and OFAC compliance policies, procedures, and controls in accordance with regulatory requirements and life insurance industry best practices

Perform monitoring, investigation, and documentation of suspicious activity, including alert review, case investigations, customer due diligence, sanctions screening results, and preparation of suspicious activity reports or referrals

Provide support to the periodic AML and OFAC risk assessments and controls testing, including analysis of high-risk customer segments such as high-net-worth individuals and foreign national policyholders

Analyze large volumes of data from multiple sources to identify trends, anomalies, and potential financial crimes risks, using technology and system tools to support efficient and effective reviews

Support the ongoing administration and optimization of the LexisNexis Bridger platform and related financial crimes systems, including screening logic, alert analysis, data quality reviews, and issue resolution

Partner with cross-functional stakeholders such as New Business, Operations, Technology, Legal, Risk Management, Special Investigations, Investments, and Finance to provide AML and OFAC guidance and ensure compliance considerations are embedded into business processes and system design

Provide subject matter guidance to first-line teams on AML, OFAC, and financial crimes requirements, red flags, and escalation expectations, with particular focus on insurance-specific and high-risk customer activity

Support the development and delivery of AML and OFAC training materials, including content related to high-net-worth and foreign national risks

Participate in enterprise and compliance-led initiatives related to financial crimes, regulatory change management, data and technology enhancements, and program effectiveness

Escalate identified risks, issues, or potential violations in a timely and well-documented manner, providing clear analysis and recommended actions

Qualification

AML complianceOFAC complianceFinancial crimes analysisData analysisRisk assessmentMicrosoft OfficeCommunication skillsProblem-solving skillsOrganizational skillsIntegrity

Required

High school diploma required

College degree or equivalent experience required

Eight or more years of experience in AML, OFAC, or financial crimes compliance, preferably within the insurance industry or a similarly regulated financial services environment

Experience supporting AML and OFAC compliance for life insurance products, including exposure to high-net-worth individuals, foreign national customers, enhanced due diligence considerations and data review and analysis

Strong working knowledge of financial crimes regulatory requirements applicable to life insurance companies, including the Bank Secrecy Act, USA PATRIOT Act, FinCEN guidance, OFAC regulations, and relevant state insurance fraud and financial exploitation requirements

Demonstrated experience analyzing large data sets and using technology-enabled tools to identify, assess, and document financial crimes risks

Hands-on experience performing AML investigations, sanctions screening reviews, risk assessments, controls testing, quality assurance activities and SAR filings

Strong analytical, organizational, and problem-solving skills, with the ability to manage complex information and exercise sound judgment

Excellent written and verbal communication skills, including the ability to articulate complex or sensitive issues in a clear and constructive manner

High level of personal integrity, professionalism, and commitment to confidentiality and ethical decision-making

Proficiency with Microsoft Office applications, including Excel, PowerPoint, Word, Teams, OneDrive, and SharePoint