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AML Compliance Senior Specialist

SoFi

SoFi

Legal
United States
Posted on Wednesday, September 13, 2023

Employee Applicant Privacy Notice

Who we are:

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We’re a next-generation fintech company using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

The role

The AML Compliance Senior Specialist will be responsible for conducting independent reviews and analysis of possible suspicious activity to ensure compliance with the Bank Secrecy Act and the USA PATRIOT Act. The AML Compliance Senior Specialist will conduct thorough research and document their analysis and conclusions within the SoFi case management system to support their investigations and dispositions and will be responsible for filing SARs if the facts and circumstances support it.

What you’ll do:

  • Conduct AML investigations to evaluate whether AML risks derived from alerts and cases generated from manual and automated transaction monitoring alerts/cases are risk-relevant and may warrant a SAR filing to be prepared. Ensure alert and case determinations are appropriate, fully supported, clearly documented

  • Conduct Continuing Activity Reviews based on previously SARs filed and determine whether a subsequent filing is appropriate based on facts and circumstances

  • Conduct investigations related to 314(a) matches, 314(b) requests and law enforcement inquiries as necessary

  • Maintain a thorough comprehension of AML typologies related to retail banking and wealth management

  • Conduct research utilizing available systems, databases, and the internet, consistent with the resolution of investigations

What you’ll need:

  • Bachelor’s Degree from a four-year college or university in a related field

  • 3-5 years of experience in the finance industry focusing on AML transaction monitoring

  • Demonstrated ability to communicate effectively with all levels of the organization and across different business lines

  • Excellent working knowledge of BSA/AML laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity

  • Experience with AML transaction monitoring systems

  • Administering anti-money laundering policies and procedures

  • Excellent organizational, verbal, written and interpersonal skills are required.

  • Must be able to multitask, adapt well to changing priorities and effectively prioritize workflow to meet critical deadlines

  • Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure

  • Excellent analytical skills required

Nice to have:

  • CAMS certification preferred (or willingness to become certified within one year of start date)

Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.