AML Compliance Advisor Principal | Hybrid

Allianz Life; Minneapolis (MN); On-site; USD 100,000 - 126,000; Full time

Job summary

Allianz Life seeks an AML Compliance Advisor Principal to provide strategic oversight and leadership across enterprise operations. You will ensure AML policies and processes are followed and drive governance across multiple lines of business, reporting to the VP of Customer and Producer Care with a dotted line to the MLRO.

You will lead risk-based reviews, develop action plans, and mentor teams while leveraging insights to improve controls.

Qualifications

• 8+ years’ compliance related experience across multiple compliance disciplines and/or business lines.
• Bachelor’s degree or equivalent experience required.
• You must be legally authorized to work in the U.S. without requiring immigration sponsorship.

Responsibilities

• Provide strategic oversight and coordination of programs across multiple operational functions and lines; lead and influence cross-functional teams and stakeholders without direct authority.
• Assess the effectiveness of operational controls and monitoring activities; perform root cause analysis and implement action plans.
• Communicate actions, progress and results with key stakeholders including the MLRO.
• Develop employees across operational functions to ensure ability to execute compliance and risk requirements.
• Provide input and support of process and control design, and SOP development.
• Develop recommendations for process improvements to positively impact operational effectiveness and efficiency.
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

Skills

Compliance experience

Leadership

Regulatory knowledge

Education

Bachelor’s degree or equivalent

Tools

Generative AI

Job description

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting equality in our communities.

What You Do

The AML Compliance Advisor Principal (Ethics & Compliance Advisor Principal) serves as a senior operational and compliance resource within the organization, providing leadership, oversight, and subject matter expertise across multiple new business, inforce and claims operational functions. Possesses a comprehensive understanding of operational processes, risks, controls, and regulatory requirements across multiple lines of business, with the ability to identify opportunities for enhancement and drive continuous improvement. Responsible for ensuring compliance with AML policies and processes across Enterprise Operations. Leads the oversight, monitoring, and governance of compliance and risk programs across operational processes, with a strong focus on control effectiveness, issue identification, remediation planning, and sustainable risk mitigation. May be tasked with special assignments/projects that are outside the scope of day-to-day responsibilities. Demonstrates deep expertise in operations, risk management, and oversight and process governance. They possess strong analytical, problem-solving, and leadership capabilities, with the ability to influence decision-making, balance competing priorities, and communicate effectively with Senior Leaders and cross-functional stakeholders. You will report to the VP, Customer and Producer Care, and have a dotted line to the Company Money Laundering & Sanctions Reporting Officer (MLRO).

Job Responsibilities

• Provide strategic oversight and coordination of programs across multiple operational functions and lines; lead and influence cross-functional teams and stakeholders without direct authority
• Assess the effectiveness of operational controls and monitoring activities to ensure risks are appropriately managed. Perform root cause analysis of issues, and create and implement related action plans to address identified gaps
• Communicate actions, progress and results with key stakeholders including the MLRO
• Develop employees across operational functions to ensure their ability to effectively execute compliance and risk operational requirements
• Provide input and support of process and control design, and standard operating procedure (SOP) development
• Develop recommendations for process improvements to positively impact operational effectiveness and efficiency
• Utilization of artificial intelligence tools and resources (e.g. generative AI)

What You Bring

• 8+ years’ compliance related experience across multiple compliance disciplines and/or business lines required
• Bachelor’s degree or equivalent experience required
• You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas

Job posting range $100,000-125,500

Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

What We Offer

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. For additional information regarding What It’s Like To Work Here | Allianz Life.

105619 | Legal & Compliance | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.