Senior AML Officer

Senior AML Officer Denver, Colorado

Are you ready to join an advanced team with a global company that is passionate about preventing money laundering, fraud, and other illegal financial transactions?

Western Union powers your pursuit.

Multiple positions available. Provide Anti-Money Laundering (AML) compliance support to agents of company and its affiliates to build programs that are compliant with the Bank Secrecy Act, USA PATRIOT Act, Dodd-Frank, CFPB and other anti-money laundering laws as they apply to Money Services Businesses (MSBs). Support agent's efforts to comply with company policies and procedures as they relate to anti-money laundering, and the counter-financing of terrorism.

Evaluate internal controls and AML Compliance Programs for agents and partners through transaction analyses, compliance reviews and training sessions, while ensuring that any deficiencies identified through the said interactions are mitigated and resolved to their entirety. Support corporate relationships by providing excellent service and compliance assistance to large regional network agents, helping ensure alignment with compliance requirements. Communicate program reviews, escalations, investigations, regulatory updates, potential risks, emerging trends, and typologies, as well as any identified program deficiencies, and assist in addressing these issues as needed.

Assist with post-activation compliance reviews and engagements with Independent and Regional Agents, following up on their onboarding process, providing training when needed, and offering suggestions to support the development and maintenance of a strong compliance program. Perform recertification compliance engagements that may include a revision of the Agent's compliance program, while ensuring deadlines and requirements are met efficiently, maintaining accuracy and alignment with industry standards.

Support and participate in interactions, including but not limited to, conducting onsite program reviews and compliance health checks, leading onsite all-staff compliance trainings, assisting with onsite investigations, and engaging in agent outreach, while serving as a compliance liaison to the top independent agents in the Northeast region. Execute ad-hoc agent outreach requests and onsite engagements as part of regulatory requests, internal audits and highly sensitive investigations, with the purpose of complying in a timely manner with any regulatory outreach and/or law enforcement request.

Collaborate with diverse business units including but not limited to the company's Financial Intelligence Unit (FIU), Office of Consumer Protection Compliance (OCPC), Fraud Risk Management (FRM), Agent Victim Fraud (FRM), and Global Agent Oversight (GAO). Collaborate with support teams, including Regional Compliance Support (RCS), to assist with process confirmations and provide guidance and training as needed. Assist with special projects and assignments as a Subject Matter Expert on behalf of the US Regional Compliance Team, providing insights and supporting the implementation and testing of potential program enhancements.

Travel required up to 50% of the time predominantly but not limited to the Northeast Sub-Region of the United States to engage with Agent Independent and Network Partners onsite by performing Compliance Program Reviews and Health Checks, Investigations, compliance training, as well as compliance relationship management. 100% remote; must reside in U.S.; reports to HQ in Denver, CO.

Bachelor's degree or U.S. equivalent in Finance, Accounting, Administration, Legal, or a related field, plus 5 years of professional experience as a Compliance Officer, or any occupation/position/job title involving compliance, auditing, risk management, and banking working directly with Agents, Business Partners and Customers.

In lieu of Bachelor's degree employer will accept 7 years of professional experience as a Compliance Officer, or any occupation/position/job title involving compliance, auditing, risk management, and banking working directly with Agents, Business Partners and Customers.

Must also have experience in the following: 5 years of professional experience analyzing and utilizing industry standards and employing sound judgment to draw conclusions regarding the status of an Agent's compliance program; 5 years of professional experience utilizing Microsoft applications including Excel, PowerPoint and Word to run transaction analyses to identify questionable activity patterns and data integrity issues, generate reporting, presentations and memorandums of results and findings resulting from Agent Engagements, to be presented before Compliance Management and Leadership;

5 years of professional experience ensuring compliance with Bank Secrecy Act (BSA); 3 years of professional experience performing high-risk program reviews, including EFRAL, Failed Mystery Shops, or Global Due Diligence PRs; 3 years of professional experience…