Enterprise Compliance Associate

Financial Crimes Compliance Associate
This role supports the planning for enterprise compliance programs related to financial crimes prevention, to ensure the organization functions are in compliance with all relevant laws and regulations, and to prevent illegal, unethical, or improper business practices within the organization. Working under limited supervision, this role is responsible for monitoring, reviewing and escalating potentially unusual transactions pertaining to the Bank Secrecy and US PATRIOT Acts, as identified through the use of automated monitoring systems. Responsibilities may also include other reporting requirements and analysis as directed by the FIU Sr. Director to include testing and training.

Key Responsibilities and Duties

• Analyzes account activity that appears unusual utilizing TIAA's Suspicious Activity Monitoring tool (Actimize).
• Documents all findings in centralized case management system.
• Recommends a course of action to management based on an analysis of the findings.
• Communicates with the Financial Crimes Compliance Team and management on FIU-related activities and scenarios detected during the suspicious activity monitoring process.
• Assists with training new, less experienced associates on an as needed basis.
• Other duties as assigned, which may include reporting requirements and analysis, testing, and/or training, as directed by leadership.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 2+ Years Required; 3+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
6IC

REQUIRED EXPERIENCE:

• 2+ years of financial crimes experience within the financial services industry (e.g. fraud, AML, KYC, and/or operational risk)

PREFERRED EXPERIENCE:

• 3+ years of financial crimes experience within the financial services industry (e.g. fraud, AML, KYC, and/or operational risk)

• Knowledge of due diligence (CDD) and enhanced due diligence (EDD) standards and requirement

• BS/BA Degree

• Certified Anti Money Laundering Specialist (CAMS) or Certified Fraud Examiner (CFE)

• Experience conducting thorough assessments of high-risk clients to ensure compliance with regulations and detect potential illicit activities.

• Knowledge and understanding of the Know Your Customer (KYC) / AML /Bank Secrecy Act (BSA) /USA PATRIOT Act and OFAC regulatory requirements.

• Association of Certified Anti-Money Laundering Specialists (ACAMS) or Certified Fraud Examiner (CFE)

• Ability to perform comprehensive research and analysis on customer profiles, including business operations, ownership structures, and financial transactions.

• Experience presenting findings to Senior Leaders, regulators, and audit.

• Strong research skills and advanced working knowledge of MS office (Excel, Word, PowerPoint) – Actimize case management system a plus.

• Solid communication skills both written and verbal.

• Solid Analytical skills with the ability to identify anomalies.

• Exhibit an ability to balance multiple, changing priorities in a dynamic and fast-moving working environment.

• Strong interpersonal and relationship skills

ADDITIONAL RESPONSIBILITIES:

• This role is specifically on our EDD Team (Enhanced Due Diligence) and is part of the Financial Intelligence Unit.

• Complete high-quality initial and ongoing due diligence reviews on high-risk customers. 

• Promptly escalate critical or reputational risk matters to the FCC Leadership Team

• Work closely with all lines of businesses to provide high quality services in support of the FCC Program.

• Analyze and interpret data and assessing reasonability as it relates to negative news risk and transactional activity.

• Assist with performing QC/QA reviews on high-risk clients, Politically Exposed Persons, individuals/entities associated with high-risk countries, etc.

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Related Skills

Adaptability, Automation, Business Acumen, Compliance Program Management, Critical Thinking, Detail-Oriented, Due Diligence, Influence, Innovation, Relationship Management, Risk Monitoring, Strategic Thinking

Anticipated Posting End Date:

2025-05-31

Base Pay Range: $29.30/hr. - $35.54/hr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector