Wealth Enhancement Group

Anti-Money Laundering Associate

Wealth Enhancement Group

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $58,300 - $65,000 per year

About the role

  • 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)

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
AML complianceBSA complianceFINRA Rule 3310AI literacytransaction monitoringfinancial crime risk mitigationSAR reportingAML/BSA programspolicy developmentdata analysis
Soft skills
verbal communicationwritten communicationindependent workinitiativeleadershipprioritizationinfluencecollaborationproblem-solvingproactivity
Certifications
FINRA Series 7FINRA Series 66