Financial Intelligence Analyst
Wealthfront is seeking a talented, passionate, and detail-oriented Anti-Money Laundering (AML) compliance professional to join its Financial Intelligence Unit. As the newest member of the FIU team, the ideal candidate will enjoy hands-on investigative work, possess a strong degree of intellectual curiosity, hold an interest in applying technology to enhance business processes, and will be looking to continue developing their AML skillset in an individual contributor capacity. This individual will work closely with other members of the Legal and Compliance division, and collaborate with other departments across the firm including Fraud Operations, Product Support, and Engineering.
Responsibilities:
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Conduct in-depth investigations that include thorough reviews of transactional activity, internal KYC records, and open source research and file Suspicious Activity Reports (SARs) in accordance with regulatory reporting requirements
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Maintain accurate metrics for FIU investigations and SAR filings to ensure stakeholders are well-informed in decision-making processes
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Leverage expertise to identify unusual financial activity indicative of money laundering, terrorist financing, and fraud
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Conduct deep-dives into account and transaction activity to identify and expand upon existing Fraud and Anti-Money Laundering (AML) typologies
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Support the Company’s suspicious activity detection, transaction monitoring, and reporting programs and drive enhancements to the program, including updates to related controls and accompanying policies and procedures
Expertise:
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Deep, wide, and practical understanding of money laundering typologies and related red flags
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Adept at independently conducting investigations, filing SARs, and managing a large caseload with minimal guidance
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Excellent analytical and organizational skills, able to set and meet deadlines in a fast-paced environment
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Experience leading cross-functional projects, including collaboration with engineering teams
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Strong verbal and written communication skills, including formal writing and presenting to senior leadership
Required:
- BA/BS degree
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2 - 4 years direct or relevant experience conducting Anti-Money Laundering (AML), Sanctions or Follow-the-Money related analysis and/or investigations
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Willingness to obtain applicable registrations and/or licenses as necessary
Preferred:
- CAMS certification
- Certified Fraud Examiner certification
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Experience with or general understanding of broader financial services including investment advisory and banking
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Experience conducting investigations related to subpoenas and requests under Section 314(a) and 314(b) of the USA PATRIOT Act
Estimated annual salary range: $125,820 - $144,425 plus equity and a discretionary bonus.
Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!
About Wealthfront
Here at Wealthfront , our mission is to create a financial system that favors people, not institutions. We do this by leveraging technology to build powerful, low-cost, and easy-to-use financial products that help modern investors grow and manage their money.
We started with the ambition to transform the investment advisory business. By automating strategies typically reserved for the wealthy, we unlocked access to high quality investment advice for a digitally-native generation that was underserved by traditional institutions. Since then, we've expanded to a full suite of products designed to help our clients turn their savings into long-term wealth, including:
• A Cash Account that, through our partner banks, offers one of the highest annual percentage yields on uninvested cash in the industry, while providing instant and secure access to your money with no account fees and a full suite of checking features.
• A zero-commission Stock Investing Account with 50+ handpic