AML Transaction Monitoring Analyst

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X Group Inc.

With 4,500+ employees and over 300,000 commercial, institutional, payments, and retail clients, we operate from more than 70 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Engage in a deep variety of business-critical activities that keep our company running efficiently. From strategic marketing and financial management to human resources and operational oversight, you’ll have the opportunity to optimize processes and implement game-changing policies. Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, Stone

X Group is made up of four business segments that offer endless potential for progression and growth. AML Transaction Monitoring is necessary to identify and protect the firm from activity that may be unusual and/or indicative of potential money laundering, fraud and other types of financial crime. As part of the AML Group’s Transaction Monitoring function, in this role the individual will be responsible for conducting a variety of tasks such as BAU Alert reviews, investigations, preparing narrative information for SAR filings, conducting enhanced due diligence, and participating in ad hoc projects as needed.

They will utilize internal and external investigative resources and apply logical research techniques.

• Manage daily alert volumes and investigations; escalate matters to AML mgmt. as necessary
• Conduct additional reviews on transactional history and client profile to determine the applicable course of action with their manager; request additional information where needed
• Memorialize rationale on how alerts or investigations are dispositioned; conduct follow up reviews where necessary
• Prepare narratives and supporting information needed for filing Suspicious Activity Reports (SARs)
• Conduct enhanced due diligence as needed
• Work with team to address 314 (b) matters
• Ability to conduct complex investigations involving matters such as reviews of multiple associated accounts.
• Keep abreast of new rules, regulations to further improve our investigation processes.
• Participate in related AML projects and remediations
• Learn and develop a thorough comprehension of internal AML typologies relating to specific business lines. Utilize internal and external sources, and partner with other members within AML team to research and investigate cases.

• Must have 2-5 years of experience in conducting transaction monitoring alert reviews, investigations, and due diligence in a financial services institution (product knowledge of Futures, Swaps, and/or OTC derivatives is needed)
• Must have experience with a transaction monitoring tool (i.e. Nice Actimize, Oracle Mantas) and using a case management system
• Ability to conduct enhanced due diligence and screening
• Good understanding of AML, KYC, FINCEN, CIP, OFAC, PATRIOT Act, NFA, CFTC requirements and regulations is necessary.
• Operational knowledge of USD payment systems, including SWIFT, CHIPS, ACH, and Fed Funds is a plus
• Good working knowledge of MS Excel needed;
  Power BI a plus
• Experience using Lexis Nexis, World Check or similar tools for due diligence required
• CAMS certification a plus; if no CAMS certification, required to obtain with 12 months
• Must be authorized to work in the US for any employer.

• Associate

• Full-time

• Other

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