Anti-Money Laundering Associate
Job Description:
• Oversee AML compliance requirements
• Ensure compliance with regulatory requirements under the Bank Secrecy Act (BSA), USA PATRIOT Act, FINRA Rule 3310, and other applicable laws impacting the firm.
• Coordinate AML activities across the organization to identify areas for program improvement, assist with issue resolution, and implement policies and procedures to mitigate financial crime risk.
• As new AML-related rules are passed and existing rules evolve, work with partners to research, interpret, and develop recommendations regarding their impact on the firm’s broker-dealer platforms.
• Demonstrate AI literacy by evaluating, adopting, and optimizing artificial intelligence tools to strengthen AML controls, improve transaction monitoring, and support regulatory compliance.
• Stay informed on AI-driven advancements relevant to financial crime detection and compliance processes.
• Coordinate regulatory training materials related to AML compliance for employees and registered representatives.
• Maintain a thorough and up-to-date understanding of AML regulations through ongoing education.
• Collaborate and consult with stakeholders to make recommendations on documentation and information necessary to achieve AML compliance goals.
• Assist with development, testing, and oversight of AML-related controls for trading and operational platforms.
• Apply AI literacy to assess, recommend, and document AML workflows, automate routine compliance tasks, and enhance data analysis capabilities.
• Provide guidance to team members on responsible and effective use of AI tools.
• Contribute to AML risk assessments and customer risk rating processes.
• Develop, analyze, and recommend policy and procedure changes based on business line reviews.
• Facilitate periodic reviews of AML processes with content owners to ensure execution aligns with policy.
• Support compliance operations related to trade surveillance, sanctions screening, and suspicious activity investigations.
• Assist in compliance department functions as needed.
• Identify opportunities to improve efficiency in AML workflows.
• Document and maintain standard operating procedures (SOPs).
Requirements:
• 2+ years’ experience in financial services compliance, or related
• Experience with AML/BSA programs
• Experience and understanding of 314A process
• Understanding of SAR reporting requirements
• Superior verbal and written communication skills
• Proficient with Microsoft Office Suite or related software
• FINRA Series 7 & 66 preferred
• Independent work-skills with ability to prioritize competing projects and deadlines
• Self-starting, proactive person who demonstrates initiative, ownership, and leadership
• Drive, enthusiasm, and strong work ethic
• Ability to influence and interface with all levels of employees and leaders at WEG
Benefits:
• Training and professional development
• Medical, dental and vision coverage (Available to full-time employees and their families)
• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
• Life and AD&D insurance – employer paid and voluntary options
• Short-term and long-term disability, workers compensation – employer paid
• 401k with match and profit sharing
• Wellness programs and resources
• Voluntary benefits, including pet insurance
• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
• 12 paid holidays each year (10 pre-determined and 2 floating days)
• Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
• Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)
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• Oversee AML compliance requirements
• Ensure compliance with regulatory requirements under the Bank Secrecy Act (BSA), USA PATRIOT Act, FINRA Rule 3310, and other applicable laws impacting the firm.
• Coordinate AML activities across the organization to identify areas for program improvement, assist with issue resolution, and implement policies and procedures to mitigate financial crime risk.
• As new AML-related rules are passed and existing rules evolve, work with partners to research, interpret, and develop recommendations regarding their impact on the firm’s broker-dealer platforms.
• Demonstrate AI literacy by evaluating, adopting, and optimizing artificial intelligence tools to strengthen AML controls, improve transaction monitoring, and support regulatory compliance.
• Stay informed on AI-driven advancements relevant to financial crime detection and compliance processes.
• Coordinate regulatory training materials related to AML compliance for employees and registered representatives.
• Maintain a thorough and up-to-date understanding of AML regulations through ongoing education.
• Collaborate and consult with stakeholders to make recommendations on documentation and information necessary to achieve AML compliance goals.
• Assist with development, testing, and oversight of AML-related controls for trading and operational platforms.
• Apply AI literacy to assess, recommend, and document AML workflows, automate routine compliance tasks, and enhance data analysis capabilities.
• Provide guidance to team members on responsible and effective use of AI tools.
• Contribute to AML risk assessments and customer risk rating processes.
• Develop, analyze, and recommend policy and procedure changes based on business line reviews.
• Facilitate periodic reviews of AML processes with content owners to ensure execution aligns with policy.
• Support compliance operations related to trade surveillance, sanctions screening, and suspicious activity investigations.
• Assist in compliance department functions as needed.
• Identify opportunities to improve efficiency in AML workflows.
• Document and maintain standard operating procedures (SOPs).
Requirements:
• 2+ years’ experience in financial services compliance, or related
• Experience with AML/BSA programs
• Experience and understanding of 314A process
• Understanding of SAR reporting requirements
• Superior verbal and written communication skills
• Proficient with Microsoft Office Suite or related software
• FINRA Series 7 & 66 preferred
• Independent work-skills with ability to prioritize competing projects and deadlines
• Self-starting, proactive person who demonstrates initiative, ownership, and leadership
• Drive, enthusiasm, and strong work ethic
• Ability to influence and interface with all levels of employees and leaders at WEG
Benefits:
• Training and professional development
• Medical, dental and vision coverage (Available to full-time employees and their families)
• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
• Life and AD&D insurance – employer paid and voluntary options
• Short-term and long-term disability, workers compensation – employer paid
• 401k with match and profit sharing
• Wellness programs and resources
• Voluntary benefits, including pet insurance
• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
• 12 paid holidays each year (10 pre-determined and 2 floating days)
• Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
• Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)
Apply Now
Apply Now