Compliance Analyst, Anti-Money Laundering

Job Summary

The Anti-Money Laundering (AML) Compliance Analyst role will  investigate and monitor financial activities within the business to ensure that all monetary transactions are real and legally compliant.  It’s purpose to make surthat the business has a good monetary recordand to reduce the possibilities of money laundering. The ideal candidate will have a keen eye for identifying red flags and be well versed in AML laws, guidance, and best practices in AML techniques

This position reports to the Director of Compliance (who is the F&G AML Officer “AMLO”) and will work closely with other members of the Legal and Compliance groups, as well as the Operations, Risk, Actuarial and Sales teams.

Duties and Responsibilities

• Review suspicious activity reports and maintain the SAR review and filing process.
• Conduct 314a list reviews, Financial Crimes Enforcement Network (FinCEN), and Security Information Sharing System (SISS) filings.
• Administer the Office of Foreign Assets Control (OFAC), Non-Specially Designated Nations (Non-SDN), Special Measures and Politically Exposed Persons (PEP) list reviews and filings.
• Assist in creating, conducting, and tracking the annual AML program training
• Assist the AMLO with the annual AML program risk assessment
• Conduct the 8300 reviews and reporting
• Assist the AMLO with F&G’s AML CIP and CDD/EDD program management
• Manage the F&G AML client risk rating program
• Maintain all AML Compliance Procedures and F&G’s AML Policies
• Assist with the response to F&G Internal Audit AML audits
• Use digital equipment, software, and other tools to provide in-depth financial risk analysis
• Support the F&G AML Program through continuous development and identifying areas of improvement
• Investigate, measure, and report on the F&G's risk of suspicious or fraudulent financial activity

Experience and Education Requirements

• Bachelor’s degree in Business or related field or equivalent relevant work experience required. ALMI, FLMI or AIRC preferred.
• Minimum of 3 years compliance AML experience, preferrable in the insurance industry with concentration on life insurance and annuity products.
• Experience in developing and enhancing AML programs a plus.

Knowledge, Skills & Abilities

• Strong verbal and written communication skills.
• Strong organizational skills.
• Strong analytical skills and aptitude for detailed work.
• Aptitude to perform in a fast-paced production environment while addressing multiple projects. and responsibilities.
• Demonstrated AML program management and leadership abilities.  AML certification CAMS highly sought (Required within one year of initiation of role).

Other Requirements

• Perform other functions, duties and projects, as assigned
• Regular and punctual attendance
• Some travel required (less than 10%)

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