What are the responsibilities and job description for the Compliance Analyst, Anti-Money Laundering position at Fidelity & Guaranty Life Insurance Company?
Job Description
Job Description
Job Summary
The Anti-Money Laundering (AML) Compliance Analyst role will investigate and monitor financial activities within the business to ensure that all monetary transactions are real and legally compliant. It's purpose to make surthat the business has a good monetary recordand to reduce the possibilities of money laundering. The ideal candidate will have a keen eye for identifying red flags and be well versed in AML laws, guidance, and best practices in AML techniques
This position reports to the Director of Compliance (who is the F&G AML Officer "AMLO") and will work closely with other members of the Legal and Compliance groups, as well as the Operations, Risk, Actuarial and Sales teams.
Duties and Responsibilities
- Review suspicious activity reports and maintain the SAR review and filing process.
- Conduct 314a list reviews, Financial Crimes Enforcement Network (FinCEN), and Security Information Sharing System (SISS) filings.
- Administer the Office of Foreign Assets Control (OFAC), Non-Specially Designated Nations (Non-SDN), Special Measures and Politically Exposed Persons (PEP) list reviews and filings.
- Assist in creating, conducting, and tracking the annual AML program training
- Assist the AMLO with the annual AML program risk assessment
- Conduct the 8300 reviews and reporting
- Assist the AMLO with F&G's AML CIP and CDD / EDD program management
- Manage the F&G AML client risk rating program
- Maintain all AML Compliance Procedures and F&G's AML Policies
- Assist with the response to F&G Internal Audit AML audits
- Use digital equipment, software, and other tools to provide in-depth financial risk analysis
- Support the F&G AML Program through continuous development and identifying areas of improvement
- Investigate, measure, and report on the F&G's risk of suspicious or fraudulent financial activity
Experience and Education Requirements
Knowledge, Skills & Abilities
Other Requirements
LI-JB1
LI-Remote
Additional Information
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.
Join our employee-centric hybrid work environment : F&G Careers
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events.
As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.
1 Top Workplaces USA 2022 – 2023
2 Des Moines Register Top Workplaces 2018 – 2022
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