AML Compliance – Testing & Monitoring Officer

Interactive Brokers; Chicago (IL); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive salary and performance-based bonus

401(k) retirement plan with competitive match

Excellent health and wellness benefits

Generous paid parental leave

Education reimbursement

Daily lunch allowance

Job summary

Interactive Brokers in Chicago is looking for a professional to manage financial crimes testing and monitoring activities. Responsibilities include creating and maintaining test plans, executing hands-on testing, and analyzing results to summarize observations.

The ideal candidate should have a Bachelor's or Master's Degree, experience with SQL, and knowledge of AML regulations. The role is hybrid, requiring in-office attendance four days a week.

Qualifications

• Knowledge of AML and applicable industry standards.
• Experience in US and Foreign AML Regulatory regimes.
• Understanding of financial crimes data and Software Development Life Cycle (SDLC).

Responsibilities

• Create and maintain the Annual Financial Crimes test plan.
• Analyze test results and summarize risk-based observations.
• Perform qualitative and quantitative analysis on Financial Crimes control data.

Skills

Knowledge of AML and trading products

Experience with SQL

Excellent oral and written communication skills

Detail-oriented with organizational skills

Superb analytical and problem-solving skills

Education

Bachelor’s or Master’s Degree

Tools

Jira

Job description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting‑edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi‑national team and be a part of a company that simplifies and enhances financial opportunities using state‑of‑the‑art technology.

This is a Hybrid Role (4 days in office / 1 day remote)

Responsibilities

• Create and maintain the Annual Financial Crimes test plan covering the different risk areas
• Coordinate day to day execution with offshore Testing team
• Own and update testing framework and supporting templates to be in‑line with regulatory requirements and industry standards
• Conduct testing and monitoring activities, including developing test plans, test data collection, developing test instructions, and performing adequacy review of policies and procedures
• Execute hands on testing both functional as well as backend SQL, based on the control setup
• Analyze test results and summarize a list of meaning risk‑based observations
• Communicate deficiencies to the business and key stakeholders and exercise credible challenge
• Assist with preparing executive reports summarizing test results and conclusions
• Provide support with the maintenance of Global Financial Crimes Control Library
• Develop Testing and Monitoring metrics, and contribute to department reporting
• Work collaboratively with stakeholders across the Financial Crimes Compliance program and Engineering teams
• Perform qualitative and quantitative analysis on Financial Crimes control data to assess risk and impact

Qualifications

• Bachelor’s or Master’s Degree
• Knowledge of AML and trading products (Equities, Options, Futures, FOREX, and Crypto) as well as applicable industry standards
• Experience with SQL, Jira and JQL queries
• Experience in US and Foreign AML Regulatory regimes
• Understanding of financial crimes data and Software Development Life Cycle (SDLC)
• High degree of comfort and fluency on how technology is applied to business and regulatory problems
• Excellent oral and written communication skills
• Detail‑oriented with organizational and project management skills
• ACAMS, CFE, CFCS, Series 7, or other FINRA licenses or certifications a plus

To be Successful in This Position

• Self‑motivated and able to handle tasks with minimal supervision
• Superb analytical and problem‑solving skills
• Excellent collaboration and communication (Verbal and written) skills
• Outstanding organizational and time‑management skills

Company Benefits & Perks

• Competitive salary, annual performance‑based bonus, and stock grant awards
• 401(k) retirement plan with competitive company match
• Excellent health and wellness benefits, including medical, dental, and vision benefits. 100% employer‑paid medical premiums, with generous employer contributions to dental & vision plans as well
• Wellness screening and assessments, health coaches, and counseling services through an Employee Assistance Program (EAP)
• Generous paid parental leave (up to 16 weeks paid parental leave for eligible employees)
• Company‑paid basic life insurance, accidental death & dismemberment (AD&D), and short‑ and long‑term disability coverage
• Flexible Spending Accounts (Healthcare, Dependent Care, and Commuter FSAs)
• Quarterly fitness stipend to offset costs associated with traditional gym and fitness memberships or fees
• Education reimbursement and professional development opportunities
• Legal services, telehealth access, and voluntary insurance options
• Backup child and adult care support through Care.com
• Daily lunch allowance and fully stocked kitchen with healthy breakfast and snack options