Vestwell
Financial Crimes Compliance Associate
Vestwell, New York, New York, us, 10261
Who Are We Looking For?
Vestwell is seeking a Financial Crimes Compliance Associate to be part of our growing Legal and Compliance Team. In this role you will take ownership of the day-to-day fraud detection functions to manage fraud risk for Vestwell and our clients, and comply with regulatory requirements. You will report to the Financial Crimes Compliance Senior Analyst and will work cross-functionally and in close collaboration with our Client, Operations and Services Teams. The role will have a significant impact by understanding, analyzing and controlling key risk for the company as we scale into our next phase of growth.
What Will You Be Doing?
As a Financial Crimes Compliance Associate, your day-to-day tasks will include:
Analyze daily high risk fraud indicators to identify suspicious activity across a multitude of reports.
Review, research and respond to escalated surveillance and screening alerts.
Prepare detailed escalation memos to alert clients of potential suspicious activity.
Collaborate with Client, Operations and Services Teams to track, research and resolve customer inquiries, complaints and escalations.
Log and track all suspicious activity information to be used in management and client reporting.
If requested, work on various Legal and Compliance Team projects to help scale our growing business.
Create and collaborate on improvements to procedures or platform features to make security reviews more efficient and effective.
Requirements
The Necessities
A Bachelor's degree in business, finance and/or criminal justice.
Experience performing fraud detection or anti-money laundering functions.
Comfort working in a fast-paced start-up environment with a substantial degree of autonomy.
Exceptional analytical and detail-oriented aptitude; a high degree of accuracy is required.
Ability to manage time effectively, set priorities, and meet deadlines.
Excellent verbal and written communication skills.
Proficiency with productivity tools, especially JIRA.
Experience with research tools like LexisNexis.
The Extras
Experience working at a financial institution or fintech or high growth startup.
The expected base salary range for this position is $60K - $75K. This position is eligible to participate in the Company Bonus Pool and is eligible to receive new hire equity in the Company. Please note that salary bands are based on NY and other similar metro areas and may differ based on where the role is ultimately hired.
#J-18808-Ljbffr
Vestwell is seeking a Financial Crimes Compliance Associate to be part of our growing Legal and Compliance Team. In this role you will take ownership of the day-to-day fraud detection functions to manage fraud risk for Vestwell and our clients, and comply with regulatory requirements. You will report to the Financial Crimes Compliance Senior Analyst and will work cross-functionally and in close collaboration with our Client, Operations and Services Teams. The role will have a significant impact by understanding, analyzing and controlling key risk for the company as we scale into our next phase of growth.
What Will You Be Doing?
As a Financial Crimes Compliance Associate, your day-to-day tasks will include:
Analyze daily high risk fraud indicators to identify suspicious activity across a multitude of reports.
Review, research and respond to escalated surveillance and screening alerts.
Prepare detailed escalation memos to alert clients of potential suspicious activity.
Collaborate with Client, Operations and Services Teams to track, research and resolve customer inquiries, complaints and escalations.
Log and track all suspicious activity information to be used in management and client reporting.
If requested, work on various Legal and Compliance Team projects to help scale our growing business.
Create and collaborate on improvements to procedures or platform features to make security reviews more efficient and effective.
Requirements
The Necessities
A Bachelor's degree in business, finance and/or criminal justice.
Experience performing fraud detection or anti-money laundering functions.
Comfort working in a fast-paced start-up environment with a substantial degree of autonomy.
Exceptional analytical and detail-oriented aptitude; a high degree of accuracy is required.
Ability to manage time effectively, set priorities, and meet deadlines.
Excellent verbal and written communication skills.
Proficiency with productivity tools, especially JIRA.
Experience with research tools like LexisNexis.
The Extras
Experience working at a financial institution or fintech or high growth startup.
The expected base salary range for this position is $60K - $75K. This position is eligible to participate in the Company Bonus Pool and is eligible to receive new hire equity in the Company. Please note that salary bands are based on NY and other similar metro areas and may differ based on where the role is ultimately hired.
#J-18808-Ljbffr