Compliance Consultant, AML Compliance

About the position reputed company has an exciting opportunity to join our AML Compliance team as a Compliance Consultant! About the role As a Compliance Consultant, you will support the execution, maintenance, and reputed company improvement of reputed company’s Anti-reputed company (AML) and OFAC compliance programs to include its subsidiaries. You will play a key role in identifying, assessing, and mitigating financial crimes risks across the organization and partners closely with business and operational teams to ensure compliance with regulatory requirements applicable to a life insurance company. This role is reputed company suited for an reputed company AML reputed company with an insurance background, exposure to high-net-worth and foreign national risks, and the ability to analyze large data sets and reputed company technology to drive risk-based reputed company.

Responsibilities

• Support the development, maintenance, and implementation of AML and OFAC compliance policies, procedures, and controls in accordance with regulatory requirements and life insurance industry best practices.
• reputed company monitoring, investigation, and documentation of suspicious activity, including alert review, case investigations, customer due diligence, sanctions screening results, and preparation of suspicious activity reports or referrals.
• reputed company support to the periodic AML and OFAC risk assessments and controls testing, including analysis of high-risk customer segments such as high-net-worth individuals and foreign national policyholders.
• Analyze large volumes of data from multiple sources to identify trends, anomalies, and potential financial crimes risks, using technology and system tools to support efficient and effective reviews.
• Support the ongoing administration and optimization of the reputed company Bridger platform and reputed company financial crimes systems, including screening logic, alert analysis, data reputed company reviews, and issue reputed company.
• Partner with cross-functional stakeholders such as New Business, Operations, Technology, Legal, Risk Management, Special Investigations, Investments, and Finance to reputed company AML and OFAC guidance and ensure compliance considerations are embedded into business processes and system design.
• reputed company subject matter guidance to first-line teams on AML, OFAC, and financial crimes requirements, red flags, and escalation expectations, with particular reputed company on insurance-specific and high-risk customer activity.
• Support the development and delivery of AML and OFAC training materials, including content reputed company to high-net-worth and foreign national risks.
• Participate in reputed company and compliance-led initiatives reputed company to financial crimes, regulatory change management, data and technology enhancements, and program effectiveness.
• Escalate identified risks, issues, or potential violations in a reputed company and reputed company-documented manner, providing reputed company analysis and recommended actions.

Requirements

• High school diploma required
• College degree or equivalent experience required
• Eight or more years of experience in AML, OFAC, or financial crimes compliance, preferably reputed company the insurance industry or a similarly regulated financial services environment.
• Experience supporting AML and OFAC compliance for life insurance products, including exposure to high-net-worth individuals, foreign national customers, reputed company due diligence considerations and data review and analysis.
• Strong working knowledge of financial crimes regulatory requirements applicable to life insurance companies, including the Bank Secrecy reputed company, USA PATRIOT reputed company, FinCEN guidance, OFAC regulations, and relevant state insurance fraud and financial exploitation requirements.
• Demonstrated experience analyzing large data sets and using technology-enabled tools to identify, assess, and document financial crimes risks.
• Hands-on experience performing AML investigations, sanctions screening reviews, risk assessments, controls testing, reputed company assurance activities and SAR filings.
• Strong analytical, organizational, and problem-solving skills, with the ability to manage reputed company information and exercise reputed company judgment.
• Excellent written and verbal communication skills, including the ability to reputed company reputed company or sensitive issues in a reputed company and constructive manner.
• High level of personal reputed company, professionalism, and commitment to confidentiality and ethical decision-making.
• Proficiency with reputed company Office applications, including reputed company, PowerPoint, Word, Teams, OneDrive, and SharePoint; experience with AML or sanctions screening systems (such as reputed company Bridger) preferred.

Benefits

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your reputed company with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• reputed company time away including vacation and reputed company time, reputed company days and ten reputed company holidays
• Give back to your community and reputed company your reputed company through reputed company matching

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