What are the responsibilities and job description for the Financial Crime Prevention Specialist position at Addison Group?
About Addison Group
We are a leading staffing agency specializing in financial services recruitment. Our expertise lies in connecting top talent with companies seeking professionals in this sector.
Job Summary
- This position is for an Anti-Money Laundering (AML) professional to join our client, a Fortune 500 company in the Financial Services industry.
- The successful candidate will report to the Customer Risk Management Manager and be responsible for reviewing customer accounts to determine risk ratings.
Responsibilities
- Conduct enhanced due diligence reviews on high-risk individuals and entities to assess risk levels.
- Analyze financial data and reports to identify potential risks or irregularities.
- Gather relevant information from various internal and external sources.
- Collaborate with internal teams to obtain necessary documentation.
- Review and verify information related to individuals, businesses, and regulatory compliance.
- Perform additional research as needed to support risk assessments.
- Escalate findings to appropriate teams or leadership.
- Build and maintain relationships with key stakeholders for issue resolution.
- Prepare and document findings in clear and concise reports.
- Complete required training and maintain compliance with industry regulations.
- Stay informed on regulatory requirements and emerging trends in financial crimes.
- Utilize analytical skills to investigate suspicious activities and detect patterns of fraudulent behavior.
- Support leadership and internal teams with documentation requests from regulatory or law enforcement agencies.
- Perform other related duties as assigned.
Requirements
- 2 years of experience in financial crime compliance, risk management, or related areas in the financial services industry.
- Experience conducting investigations related to financial crimes, fraud, or regulatory compliance.
- Strong understanding of banking regulations, compliance frameworks, and due diligence processes.
- Bachelor's degree preferred or equivalent professional experience.
- Knowledge of financial crime laws and regulations in the U.S. and internationally.
- Strong analytical, critical thinking, and problem-solving skills.
- Excellent verbal and written communication skills.
- Fluency in English and Mandarin Chinese required.
- Ability to work effectively in a fast-paced, dynamic environment.
- Professional certification (e.g., CAMS) preferred; support for certification study available.
What We Offer
- A competitive salary range of $72K - $83K depending upon experience.
- Benefits that include medical, generous PTO, and 401K matching.
Salary : $72,000 - $83,000
