Compliance Analyst/ Compliance Analyst Senior - Financial Crimes Unit/AML | Hybrid

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. In addition, we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

The Ethics & Compliance Analyst will be focused on supporting the Company’s Anti-Money Laundering & Economic Sanctions Programs, and will report to the AML, Sanctions, and Agent Oversight Manager. The candidate will be a member of the broader Financial Crimes Unit and will be responsible for assisting with and supporting the development, maintenance and implementation of procedures related to risk management and compliance with applicable AML and Sanctions regulations, Group requirements, and industry best practices.

This position is mainly focused on AML and Sanctions risk mitigation and remediation by conducting AML investigations, reviews, and enhanced due diligence, AML and Sanctions alert reviews, AML testing and QC, and supporting the implementation of Allianz Life’s new Customer Due Diligence Solution - “ADDS”.

The role involves working with many parts of the Organization mainly including Legal, Ethics & Compliance, IT, Distribution, New Business, Underwriting, Inforce Operations, and Claims, among other cross-functional teams.

What you do:

Responsibilities include, but are not limited to:

• Support the development of the Financial Crimes Programs and initiatives to comply with the respective Group and applicable regulatory obligations pertaining to anti-money laundering and economic sanctions;
• Support the AML Program and Team with detailed and prompt investigation of AML/Sanctions alerts and reports, including PEP/RCA cases and escalations, Financial Crimes Monitoring, reporting suspicious activity to the MLRO, including support on suspicious activity report preparation and filing;
• Participate in and facilitate information sharing with the MLRO, business partners, and peers in a timely and efficient manner, to ensure efficient communication;
• Work closely with direct counterparts as well as other business partners and stakeholders across the Company to support Allianz Life’s proactive AML efforts. Primary responsibilities include providing support for the AML Program, for the specific purpose of ADDS implementation, detecting, analyzing and preventing suspicious or fraudulent activity, within pertinent business units, channels and products;
• Improve and maintain applicable procedures, and oversee Standard Operating Procedures related to AML, Sanctions, and Financial Crimes Monitoring and Oversight;
• Execute second line monitoring and testing for the AML and Sanctions Programs;
• Aid in the improvement of tools to monitor, analyze, and report suspicious activity;
  
  

What you bring:

Bachelor’s degree or equivalent work experience required;

• AML and/or Sanctions Certifications preferred with ACAMS; required within 24 months of hire;
• 1-2 years of experience in AML; Knowledge of laws and regulations pertaining to: FinCEN, OFAC, FINRA, Bank Secrecy Act, Patriot Act, International guidelines, as well as schemes associated with financial crimes affecting the life insurance & annuity industry;
• Demonstrate integrity and commitment to Company values;
• Good verbal and written communications skills, in particular, ability to communicate complex information to the Business;
• Ability to understand and solve problems and review cases, alerts, reports, in a fast-paced, time-sensitive environment;
• Analytical judgment, critical thinking, and research skills;
• Strong attention to detail and strong documentation skillset required;
• Strong time management and prioritization skills;
• Display sense of ownership in relation to attitude and actions, assignments and event outcomes;
• Ability to foster relationships, networking skills within the Company;
• Adaptable to change, flexible and open-minded;
• Team player; desire to work in a diverse team.
• Utilization of artificial intelligence tools and resources (e.g. generative AI).
• You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.
  
  

Base Salary Range $47,000 - $114,000

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program.

72420 | Legal & Compliance | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, health savings account, tuition reimbursement, student loan retirement plan, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. We care for tomorrow.