What are the responsibilities and job description for the AML Analyst position at Apex Fintech Solutions?
Who We Are
Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, to simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech solutions enables us to support clients such as Stash, Betterment, SoFi, and Webull, and more than 20 million of our clients' customers.
Collectively, AFS creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. We are based in Dallas, TX and also have offices in Austin, New York, Chicago, Portland, Belfast, and Manila.
If you are seeking a fast-paced and entrepreneurial environment where you'll have the opportunity to make an immediate impact, and you have the guts to change everything, this is the place for you.
AFS has received a number of prestigious industry awards, including:
The AML Analyst is a critical role within the financial compliance team, dedicated to identifying, analyzing, and mitigating risks related to money laundering and financial crimes. This position requires a meticulous and analytical individual who can interpret and enforce regulations and internal policies aimed at preventing illicit financial activities.
The AML Analyst will work closely with other departments to ensure the organization complies with all applicable anti-money laundering laws, regulations, and guidelines.
Key Responsibilities:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Our Rewards
We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. At AFS , we offer a hybrid work schedule for most roles that allows employees to have the flexibility of working from home and one of our primary offices.
Salary Range
$68,000-$85,000
The annual base salary range for this position is noted above. Exact compensation offered may vary depending on job-related knowledge, skills, experience, and office location.
EEO Statement
Apex Fintech Solutions is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
Disability Statement
Apex Fintech Solutions is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please submit your request via the Candidate Accommodation Requests Form. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.
Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, to simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech solutions enables us to support clients such as Stash, Betterment, SoFi, and Webull, and more than 20 million of our clients' customers.
Collectively, AFS creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. We are based in Dallas, TX and also have offices in Austin, New York, Chicago, Portland, Belfast, and Manila.
If you are seeking a fast-paced and entrepreneurial environment where you'll have the opportunity to make an immediate impact, and you have the guts to change everything, this is the place for you.
AFS has received a number of prestigious industry awards, including:
- 2021, 2020, 2019, and 2018 Best Wealth Management Company - presented by Fintech Breakthrough Awards
- 2021 Most Innovative Companies - presented by Fast Company
- 2021 Best API & Best Trading Technology - presented by Global Fintech Awards
The AML Analyst is a critical role within the financial compliance team, dedicated to identifying, analyzing, and mitigating risks related to money laundering and financial crimes. This position requires a meticulous and analytical individual who can interpret and enforce regulations and internal policies aimed at preventing illicit financial activities.
The AML Analyst will work closely with other departments to ensure the organization complies with all applicable anti-money laundering laws, regulations, and guidelines.
Key Responsibilities:
- Conduct detailed investigations into customer transactions to identify potential money laundering or terrorist financing activities
- Utilize various analytical tools and methods to monitor financial transactions across multiple platforms and accounts
- Generate suspicious activity reports (SARs) and file them with the Financial Crimes Enforcement Network (FinCEN) as required
- Collaborate with legal and regulatory bodies to provide requested information and facilitate audits
- Assist in developing and updating internal AML policies and procedures to adapt to new regulations and threats
- Provide training and guidance to other staff members on AML compliance, trends in financial crime, and the use of transaction monitoring systems
- Perform risk assessments of client profiles, high-risk products, and service providers to identify areas requiring enhanced controls
- Regularly review and analyze the effectiveness of existing controls and recommend improvements
- Bachelor’s degree in finance, criminal justice, forensics, or a related field
- 2 years of experience in AML compliance, financial services, regulatory affairs, or a related area
- Experience with financial software and analytical tools
- Familiarity with global AML standards, such as the Bank Secrecy Act (BSA), USA PATRIOT Act, and the FATF recommendations
- CAMS (Certified Anti-Money Laundering Specialist) or similar certification
- Previous experience in a financial services environment with direct exposure to AML compliance
- Experience working with cross-functional teams and managing projects
- Advanced degree or professional certifications related to AML, banking, or financial services
- Strong analytical and problem-solving skills
- Excellent attention to detail with the ability to spot inconsistencies and anomalies in transaction data
- Proficient in data analysis using software such as Excel, SAS, or specialized AML software systems
- Strong communication skills, both oral and written, with the ability to present complex information in an understandable manner
- Capability to work independently and as part of a team in a fast-paced environment
- High integrity and professionalism with a dedication to maintaining confidentiality
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Our Rewards
We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. At AFS , we offer a hybrid work schedule for most roles that allows employees to have the flexibility of working from home and one of our primary offices.
Salary Range
$68,000-$85,000
The annual base salary range for this position is noted above. Exact compensation offered may vary depending on job-related knowledge, skills, experience, and office location.
EEO Statement
Apex Fintech Solutions is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
Disability Statement
Apex Fintech Solutions is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please submit your request via the Candidate Accommodation Requests Form. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.
Salary : $68,000 - $85,000
