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

AML Analyst

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 Analyst 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 :