AML Compliance Opportunity in Financial Services

Anti-Money Laundering (AML) Quality Control Analyst

Keys: QC, Quality Control, financial crimes SAR review, Case review

Location: St Petersburg, FL

Role Type: Full time

Salary: $65,000 - $ 70,000 per year + annual bonus

Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, experience, and education.

Our competitive salaries are just one component of Osaic's total compensation package. Additional benefits include: health, vision, dental insurance, 401k, vacation and sick time, volunteer days and much more. To view more details of what you can look forward to, visit our careers page: https://careers.osaic.com/Creative/Benefits

Summary:

The Anti-Money Laundering ("AML") Quality Control ("QC") Analyst will support the QC Manager for Osaic. They will utilize their knowledge and specialized training to work components of the QC team requirements in compliance with relevant AML rules and regulations. Relevant aspects would include, but not be limited to, continuous review of case investigations/ dispositions and ensuring cases are properly detailed with items satisfactorily addressed. Reviewing samples of Analyst work for accuracy and completeness of review with resulting score allocation. Monitoring results and trends for addressing with individuals and escalation to the QC Manager, providing feedback and advising training as necessary.

Organizational Structure:

The Osaic network of independent broker-dealers is among the largest in the United States. This position will be part of the growing Anti-Money Laundering Compliance Group with direct report to the QC Manager, with less than 10% travel required.

Core Responsibilities:

• Work the QC function for the AML Group.
• Reporting and metric delivery to QC Manager.
• Identification of development areas for Analysts.
• Training of individuals in order to baseline understanding and quality of output.
• Act as a source of knowledge to guide Analysts.
• Develop and maintain a solid understanding of quality requirements necessary for regulator appeasement.
• Utilize a wide variety of resources, both public and non-public, to fully develop the QC Program
• Maintain a high level of confidentiality in all dealings with both internal and external stakeholders.
• Maintain currency in laws and regulations pertaining to anti-money laundering violations.
• All other duties as assigned

Education Requirements:

Minimum of high school diploma or equivalent is required, in combination with AML and Financial crime experience.

Basic Requirements:

• 3+ years of securities industry experience
• Minimum 1 year of financial crime experience preferred, including Investigations and Monitoring within a related job/field.
• Strong verbal and written communication skills are required
• A solid and considered approach when dealing with Analysts and business partners
• The ability to organize and manage multiple work efforts
• General compliance knowledge - must have extensive knowledge of FINRA, SEC and Firm-specific rules and regulations
• 314(a) and 314(b) experience
• SAR experience
• Proficiency in MS Office applications (Word, Excel, Access)
• Strong organizational skills and the ability to work within strict timeframes
• Ability to interpret the Firm's Sales Practice Manual, FINRA manual, FINRA Notices to Members, Compliance notices and other publications concerning broker/dealer regulation, and internal policies and procedures
• Knowledge of the retail brokerage business, fee-based advisory business and common investment products including, but not limited to, mutual funds, variable annuities, alternative investments, stocks, and bonds

Preferred Requirements:

• CAMS or equivalent (CFCS)