Job Description

Entry-Level AML Investigator

Location: Phoenix, Arizona

Work Arrangement: This role offers three weeks of remote company-provided training before transitioning to on-site client specific training at our Phoenix office. After the initial on-site period (which may last six weeks or more, depending on performance and company needs), you may return to remote work from home. However, future office visits may be required based on work quality, client needs, and project demands.

Candidates must be located within a 40-mile radius of our Phoenix office: 40 N Central Ave f22, Phoenix, AZ 85004.

About the Role: No prior experience required! We offer comprehensive on-the-job training to help you develop your skills in financial crime compliance. As an Entry-Level AML Investigator, you'll analyze financial transactions, identify suspicious activity, and ensure compliance with regulatory policies, including KYC.

Key Responsibilities

• Evaluate and monitor transactional activity to identify potential suspicious activity.
• Verify client identities and assess their relationships with financial institutions for Know Your Customer (KYC) purposes.
• Interpret and implement client-operating policies related to financial data.
• Identify data anomalies and red flags for money laundering, terrorist financing, fraud, sanctions violations, and escalate for second level review.
• Write clear, concise reports summarizing findings and recommendations.
• Use basic Excel functions and technology applications (Microsoft, internet) for analysis.
• Adhere to designated timeframes and procedures to ensure timely and accurate completion of tasks.
• Submit written work product for review by internal quality control teams and make necessary adjustments based on feedback.
• Meet production and quality standards while working collaboratively in a team-oriented environment.
• Ensure compliance with federal and state laws, regulations, and company policies, and client requirements related to Anti-Money Laundering.

What You Bring (Minimum Qualifications)

• Bachelors Degree required.
• Must be located within a 40-mile radius of our Phoenix office: 40 N Central Ave f22, Phoenix, AZ 85004.
• Strong writing and communication skills to produce clear, accurate, well-organized summaries and articulate recommendations.
• Strong verbal and written communication skills.
• Ability to accept feedback positively and implement necessary changes quickly.
• Strong analytical, problem solving and organizational skills.
• Technical aptitude for using Microsoft Excel and other technology tools.
• Ability to work independently and collaborate effectively in a team environment.
• Quick learner with the ability to adapt to feedback, new technologies, and processes.

Preferred Qualifications

• Ability to adapt to change quickly and identify opportunities for improvement.
• Demonstrated experience in MS Excel, including pivot tables, macros, filtering, and sorting.
• Strong entrepreneurial spirit and collaborative mindset.
• Knowledge of effective internet search techniques.

Normal Working Hours and Conditions

Core hours are 8:00 am 5:00 pm, with potential flexibility required based on operational needs across different time zones.

About Us

We are AML RightSource, the leading technology-enabled managed services firm focused on fighting financial crime for our clients and the world. Headquartered in Cleveland, Ohio, and operating across the globe, we are a trusted partner to our financial institution, FinTech, money service business, and corporate clients. Using a blend of highly trained anti-financial crime professionals, cutting-edge technology tools, and industry-leading consultants, we help clients with their AML/BSA, transaction monitoring, client onboarding (KYC), enhanced due diligence (EDD), and risk management needs. We support clients in meeting day-to-day compliance tasks, urgent projects, and strategic changes. Globally, our staff of more than 4,000 highly trained analysts and subject matter experts is the industry's largest group of full-time compliance professionals. Together with our clients, we are Reimagining Compliance.

Physical Requirements

• Ability to sit or stand for long periods.
• Prolonged use of computers and office equipment.
• Occasional lifting, bending, and reaching required.

As an Associate Analyst I, you will research and analyze various sources of data and provide written summaries of recommendations and conclusions as it relates to the identification of suspicious or unusual financial activity and/or reviewing client files for the purpose of performing Know Your Customer (KYC) Procedures. You will need to exercise discretion and judgment in the work and must be able to work efficiently and independently in a fast-paced, dynamic environment.

Primary Responsibilities

• Evaluate and monitor transactional activity to assess potential suspicious activity.
• Verify the identity of clients to understand the nature and purpose of their relationship with the financial institution for the purposes of performing Know Your Customer (KYC) Procedures.
• Interpret and implement client-operating policies regarding financial data.
• Identify data anomalies and red flags for money laundering, terrorist financing, fraud, sanctions violations, and escalate for second level review.
• Adhere to all designated timeframes and procedures to ensure on time and accurate completion of work.
• Submit written work product for review by AMLRS quality control teams, make the requested adjustments as necessary, and apply the feedback going forward.
• Meet production and quality standards for completing assignments.
• Work and contribute in a team-oriented and collaborative environment.
• Adhere to and comply with all applicable, federal and state laws, regulations, and guidance, including those related to Anti-Money Laundering, as well as adhering to company policies and procedures and client requirements.

Required Qualifications

• Bachelors Degree
• Strong oral communication skills and ability to produce narrative and written summaries clearly synthesizing recommendations and conclusions.
• Strong analytical, problem solving and organizational skills.
• Proficient in Microsoft Excel & Microsoft Word, with ability to learn new technologies quickly.
• Ability to multi-task, work independently and as part of a team, establishing cooperative and collaborative working relationships.

Preferred Qualifications

• Strong entrepreneurial spirit, highly collaborative, able to express ideas readily, manage change fluidly, able to influence and identify opportunities for improvement.

Normal Working Hours and Conditions

Core business hours are generally 8:00 am 5:00 pm. However, this position may require work to be performed outside of the core business hours based on Company operations across different time zones.

AML RightSource is committed to fostering a diverse work environment and is proud to be an equal opportunity employer. We provide equal employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

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