Anti-Money Laundering Monitoring Analyst

Wealthfront is seeking a talented, passionate, and detail-oriented Anti-Money Laundering (AML) compliance professional to join its AML Monitoring team. As the newest member of AML Monitoring, this individual will play a key role in Wealthfront’s newly formalized triage function, through which all referrals of potentially suspicious activity — including requests under Section 314(a) and 314(b) of the USA PATRIOT Act, subpoenas, and internal referrals from across the firm — are assessed prior to escalation to the Financial Intelligence Unit (FIU).

The ideal candidate will be someone who enjoys hands-on investigative work, possesses a strong degree of intellectual curiosity, holds an interest in applying technology to enhance business processes, and will be looking to continue developing their AML skillset in an individual contributor capacity. This individual will work closely with other members of the Legal and Compliance division and collaborate with other departments across the firm including Fraud Operations, Product Support, and Engineering.

Обязанности

• Review and disposition transaction monitoring alerts in accordance with established procedures, determining whether escalation to the FIU is warranted
• Conduct in-depth reviews of transactional activity, internal KYC records, and open source research in support of triage and monitoring functions
• Maintain accurate and well-documented records of triage decisions and alert dispositions to ensure consistency, auditability, and stakeholder transparency
• Partner with Engineering teams to develop new and enhance existing transaction monitoring processes
• Leverage expertise to assist in the identification of unusual financial activity indicating potential money laundering, terrorist financing, and fraud
• Conduct deep-dives into account and transaction activity to identify and expand upon existing Fraud and AML typologies
• Support Wealthfront's suspicious activity detection, transaction monitoring, and reporting programs and drive enhancements to the program, including updates to related controls and accompanying policies and procedures
• Assist with Wealthfront's adverse media and PEP watchlist screening
• Maintain awareness of and provide thought leadership on impending regulatory changes

EXPERTISE

• Deep, wide, and practical understanding of money laundering typologies and related red flags
• Adept at conducting triage or initial assessments of potentially suspicious activity referrals, including determining whether escalation to an investigations team is warranted
• Experience reviewing potentially suspicious activity spanning cash management, automated investment advisory, brokerage, and home lending products
• Familiarity with subpoenas as well as requests received under Section 314(a) and 314(b) of the USA PATRIOT Act
• Adept at developing, refining, and reviewing transaction monitoring parameters designed to surface suspicious activity
• Excellent analytical and organizational skills, able to set and meet deadlines in a fast-paced environment
• Strong working knowledge of BSA/AML, FinCEN, FINRA, and SEC regulations
• Experience leading cross-functional projects, including collaboration with engineering teams
• Strong verbal and written communication skills
• Intellectually curious and interested in applying technology to enhance business processes
• Broad analytical skills, with experience identifying and quantifying problems while providing creative, effective solutions

Обязательно

• BA/BS degree
• 2 - 4 years of direct or relevant experience conducting Anti-Money Laundering (AML), Sanctions, or Follow-the-Money related analysis and/or investigations
• Willingness to obtain applicable registrations and/or licenses as necessary

Желательно

• CAMS or CFE certification
• Experience at a Broker-Dealer and/or Registered Investment Adviser (RIA), including FINRA Series 7 and 24 registrations
• Product experience spanning automated investment advisory, brokerage accounts, individual stock investing, cash management and checking products, portfolio lines of credit, and home lending products
• Experience supporting AML compliance programs in a banking-as-a-service (BaaS) or bank partnership model
• Experience with or general understanding of broader financial services including investment advisory, retail banking, and consumer lending

Estimated annual salary range: $102,185 - $125,820 USD plus equity and a discretionary bonus.

Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!

О Wealthfront

Here at Wealthfront, our mission is to create a financial system that favors people, not institutions. We do this by leveraging technology to build powerful, low-cost, and easy-to-use financial products that help modern investors grow and manage their money.

We started with the ambition to transform the investment advisory business. By automating strategies typically reserved for the wealthy, we unlocked access to high quality investment advice for a digitally-native generation that was underserved by traditional institutions. Since then, we've expanded to a full suite of products designed to help our clients turn their savings into long-term wealth, including:

• A Cash Account that, through our partner banks, offers one of the highest annual percentage yields on uninvested cash in the industry, while providing instant and secure access to your money with no account fees and a full suite of checking features.
• A zero-commission Stock Investing Account with 50+ handpicked collections that help DIY investors discover new companies and make smarter investing decisions.
• Multiple automated investing portfolios designed to unlock tax savings through sophisticated strategies like fixed income, tax-loss harvesting, and direct indexing—which we offer at industry-leading low costs and accessible minimums.…

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