Business Analyst (Non Technical, Specialty) Associate

Job Title - Business Analyst (Non Technical, Specialty) Associate

Job Location REMOTE

JD

We are looking for a candidate with strong analytical and attention to detail skills who will be responsible for monitoring and reviewing transactions to identify potentially suspicious activity, conducting investigations, and preparing Suspicious Activity Reports ( SARs ), as required. Strong communication skills are also a must as duties will include interacting with colleagues at various levels throughout the Firm, advisors, and supervisors in the field, and with our clearing firms to conduct thorough investigations.

Education Requirements:

• Bachelor s Degree Preferred, H.S. Diploma or GED certificate + Significant Practical Experience will be considered

Responsibilities:

• Identify and investigate the potentially suspicious or fraudulent activity, as identified utilizing internal systems or matters escalated to the AML Group by various areas of the business.
• Conduct and document thorough reviews of assigned escalated or alerted activity.
• Complete SARs to a high standard, adhering to regulatory requirements and internal procedures.
• Work with financial advisors and supervisors to gather relevant information and documentation required to resolve matters.
• Identify and escalate matters containing potentially suspicious activity, Firm policy violations, or issues that may pose a higher risk to the Firm in a timely manner.
• Utilize a wide variety of public and non-public resources to thoroughly investigate matters involving possible financial criminal activity and or fraud.
• Maintain a high level of confidentiality in all dealings with internal and external stakeholders.
• Maintain currency in laws and regulations about anti-money laundering violations.
• All other duties as assigned

Basic Requirements:

• 1 3 years of securities industry experience
• 2 3 years conducting investigations into financial crime (e.g., money laundering and fraud)
• Strong verbal and written communication skills are required
• Transaction Monitoring System experience, Actimize, Mantas, etc.
• A solid and considerate approach when dealing with business partners
• Strong SAR writing and case disposition capabilities
• General compliance knowledge - must have extensive knowledge of FINRA, SEC, and Firm-specific rules and regulations
• 314(a) and 314(b) experience a plus
• Proficiency in MS Office applications (Word, Excel, Access)
• Strong organizational skills and the ability to work within strict timeframes
• Ability to interpret FINRA manual, FINRA Notices to Members, Compliance notices, and other publications concerning broker/dealer regulation, and internal policies and procedures
• Knowledge of the retail brokerage business, fee-based advisory business, and common investment products including, but not limited to, mutual funds, variable annuities, alternative investments, stocks, and bonds

Preferred Requirements:

• CAMS or equivalent (CFCS)
• FINRA Series 7 is a plus
• CFE Certification is a plus