Sr Investigator, Ongoing Due Diligence Investigations

The Sr Investigator, Ongoing Due Diligence Investigations will conduct ongoing due diligence reviews of high-risk customers to determine if there have been any changes to the client risk profile and escalate profile risk changes for further investigation when warranted.

Responsibilities:

• Conducts ongoing (or periodic) due diligence reviews of customers as required by the customer profile and in line with the firm’s periodic refresh requirements.

• Leverages customer transaction activity in conjunction with the customer’s background through open-source investigation to ensure the customer’s activity is in line with the understood nature and purpose of the customer relationship.

• Responds to trigger-based events to advance the review of customer risk profile changes outside of the standard periodic refresh requirements.

• If a risk profile change is identified beyond what is maintainable, they will escalate to the investigations team for potential SAR filing and/or work directly with the AML Client Review Working Group to exit the relationship as warranted.

• Participates in supporting management by responding to legal, regulatory, or internal audit inquiries as warranted.

• Assists management in providing training and guidance to more junior team members

What are we looking for?

We’re looking for strong collaborators who deliver exceptional client experiences and thrive in fast-paced, team-oriented environments. Our ideal candidates pursue greatness, act with integrity, and are driven to help our clients succeed. We value those who embrace creativity, continuous improvement, and contribute to a culture where we win together and create and share joy in our work.

Core Competencies:

• High level of analytical and problem-solving skills, desire to learn quickly, be flexible and think strategically with attention to detail and accuracy.

• Excellent written and oral communication skills with the ability to present information in differing degrees of detail and form depending on the audience.

• Ability to identify risk issues related to financial crime, knowledge to provide guidance when warranted, and insight to appropriately escalate issues to others for further guidance.

• Developing strategic thinking to understand how the work they do impacts the overall AML program and fits into the broader mission of the firm.

• Strong knowledge of LPL's business model and operational processes.

Requirements:

• Bachelor's degree

• 3-5 years of experience in financial crime in such activities as conducting suspicious activity alert reviews for money laundering or fraud, customer screening reviews, or testing controls related to money laundering or fraud.

• Strong knowledge of the brokerage and advisor industry.

• Strong knowledge of AML laws, regulations, and industry best practices, including, but not limited to the Bank Secrecy Act (BSA), USA PATRIOT Act, Financial Action Task Force (FATF) recommendations, and Office of Foreign Assets (OFAC) Regulations.

Preferences:

• Certified Anti-Money Laundering Specialist (CAMS) Certification

• Certified Fraud Examiner (CFE) Certification

• FINRA License Series 7 or 24

#LI-PA

 

Pay Range:

$68,775-$114,625/year

 

Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

 

Company Overview:

LPL Financial Holdings Inc. (Nasdaq: LPLA) was founded on the principle that the firm should work for advisors and institutions, and not the other way around. Today, LPL is a leader in the markets we serve, serving more than 23,000 financial advisors, including advisors at approximately 1,000 institutions and at approximately 580 registered investment advisor ("RIA") firms nationwide. We are steadfast in our commitment to the advisor-mediated model and the belief that Americans deserve access to personalized guidance from a financial professional.

At LPL, independence means that advisors and institution leaders have the freedom they deserve to choose the business model,