AML Quality Control, Senior Analyst- FIU/Fraud

Job Description

The Anti-Money Laundering Quality Control Senior Analyst, working under limited supervision, is responsible for reviewing the quality and accuracy of the work produced by the Financial Intelligence Unit (FIU) and the Enterprise Fraud Risk Management (Fraud) teams. This role requires strong attention to detail and involves generating periodic reports (metrics) for the AML Senior Management team to analyze trends and patterns in quality. The analyst may also manage projects of moderate scope and complexity.

Responsibilities

• Conduct continuing reviews of AML case investigations to include the narrative and supporting documentation.
• Verify the AML FIU Investigators performed the appropriate levels of review for each case, including client/subject and transactional analysis.
• Verify that the fraud investigators performed the appropriate levels of review for each investigation, including fraud typologies and investigation fact analysis.
• Confirm the disposition of investigations relating to transaction monitoring scenarios, internal/external referrals, adverse media escalations, and 90-day re-monitors.
• Ensure that all cases are closed/filed in accordance with internal Service Level Agreements (SLA) and the securities and/or banking industry’s regulatory requirements.
• Provide written and verbal feedback/training to the FIU and Fraud Investigators.
• Prepare reports for the AML Quality Control manager and Senior Management.
• Assist with special projects.
• Maintain and update written procedures for assigned job responsibilities.
• Function as a subject matter expert on AML-related issues and provide mentoring as needed.
• Escalate and articulate relevant risks to the appropriate stakeholders.
• Identify opportunities for increased effectiveness, efficiency, and risk mitigation.
• Supporting Client Intelligence Unit activities that may include, but are not limited to, Client Intelligence Program ("CIP"), Enhanced Due Diligence ("EDD"), and adverse media screening.
  
  

Skills

• Concepts, practices, and procedures of the securities industry and/or banking compliance reviews.
• Rules and regulations of the USA PATRIOT Act, the Bank Secrecy Act, and other AML-related regulations, rules, or guidance.
• Fundamental investment concepts, practices, and procedures used in the securities industry.
• Principles of banking and finance and securities industry operations.
• Financial markets and products.
• Administering AML policies and procedures.
• Analyzing activity documentation to identify irregular transactions.
• Planning and scheduling work to comply with organizational and regulatory requirements.
• Identifying and applying appropriate compliance monitoring procedures and tests.
• Preparing oral and/or written reports.
• Investigating compliance issues and irregularities.
• Making rule-based and analytical decisions.
• Operating standard office equipment and using required software applications.
• Communicating clearly and effectively, both orally and in writing.
• Providing feedback to the FIU and Fraud teams.
• Identify problems, collect data, establish facts, and draw valid conclusions.
• Research and analyze large amounts of data, interpret higher risk attributes (transactional, geographical, product/service, customer type, etc.), and validate case dispositions appropriately.
• Provide the FIU and Fraud Investigators mentoring, training, and work review.
• Relying on knowledge and judgment to plan and attain assigned tasks and goals.
• Focus on speed and set the appropriate urgencies without compromising accuracy.
• Establish and maintain effective working relationships at all levels of the organization.
• Maintain confidentiality.
• Stay current in AML rules and regulations and compliance examination techniques and best practices.
  
  

Licenses/Certifications

• ACAMS is required or the ability to obtain within six (6) months.
  
  

Education

Bachelor’s: Accounting, Bachelor’s: Business Administration

Work Experience

General Experience - 3 to 6 years

Certifications

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Salary Range

$80,000.00-$85000.00

Travel

Less than 25%

Workstyle

Remote

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.