Sr. Analyst - Transaction Monitoring AML & Financial Crimes Financial Intelligence Unit

AML Analyst

Contributes to the formulation of anti fraud policies in a specific area such as digital, anti terrorism or money laundering. Manage and deliver fraud prevention reporting and analysis to mitigate fraud risk. Take action to improve systems and procedures, resolve issues and limit consequential damage.

This position will follow our hybrid work model; we expect the selected candidate to work 2-3 days a week at our corporate office in Saint Petersburg, FL.

Under limited supervision, the AML Analyst applies specialized knowledge and skills in securities and / or banking industry compliance, gained through experience, specialized training and / or certification, to monitor and investigate transactions for suspicious activity, ensuring compliance with AML rules and regulations. This role includes leading projects of moderate scope and complexity and serving as a technical advisor to various business lines.

The AML Analysts is responsible for resolving or recommending solutions to complex problems and will have extensive contact with internal stakeholders / Financial Advisors / Branch personnel to identify, research, resolve potential issues. If suspicious activity is identified, the investigator is required to promptly report any suspicious activity by filing a Suspicious Activity Report (SAR) and follow through the client retention process.

Responsibilities :

• Investigate potentially suspicious activity arising from automated transaction monitoring system, branch escalations, regulatory investigations, or matters escalated by various business lines including Compliance, Legal, Risk or other Firm divisions.
• Review client background information, securities transactions, and fund movements to identify potential money laundering, terrorist financing, or other financial crimes.
• Conduct thorough investigation utilizing internal and external searches on the clients, third parties, and identify any negative news.
• Send 314(b) requests and Requests for Information ("RFI") to branches as needed.
• Prepare a detailed SARs (Suspicious Activity Reports) and file with FINCEN.
• Conduct continuing activity reviews and report any continuation of suspicious activity.
• Perform Level 2 (L2) reviews and request retention decision from the AML officers; follow through on the account closure for terminated relationships.
• Communicate findings to senior leadership in a thorough write-up including risk factors and supporting evidence for retention decision.
• Administer AML policies and procedures to ensure compliance with regulations related to money laundering included in the US PATRIOT Act.
• Monitor regulatory developments and industry trends to facilitate incorporation into the Firms' AML program.
• Train team members on internal AML policies, processes, rules, and regulations.
• Deliver presentations during departmental / team meetings.
• Inform senior management about issues that may involve rule violations or potential liability.
• Perform other duties and responsibilities as assigned.

Skills :

Licenses / Certifications :

Education :

Bachelor's : Accounting, Bachelor's : Business Administration, Bachelor's : Finance, High School (HS) (Required)

Work Experience :

Certified Anti-Money Laundering Specialist (CAMS) - Association of Certified Anti-Money Laundering Specialists (ACAMS)

Travel : Less than 25%

Workstyle : Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to : Grow professionally and inspire others to do the same Work with and through others to achieve desired outcomes Make prompt, pragmatic choices and act with the client in mind Take ownership and hold themselves and others accountable for delivering results that matter Contribute to the continuous evolution of the firm

At Raymond James as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.