AML Investigator

Fidelity Investments Inc.; Covington (KY); On-site; USD 90,000 - 120,000; Full time

Job summary

Fidelity Investments Inc. seeks an AML Investigator to perform sophisticated financial analysis and investigate suspicious activity across products and accounts. You will work in FIU, collaborate with AMLO and Compliance, and help file SARs with FinCEN as required.

A college degree and financial services experience are expected, with preference for FINRA Series 7 and knowledge of AML laws. This onsite role requires strong communication and decision-making, with minimal supervision in a

Qualifications

• College degree and/or 8-10 years' work experience in a relevant field.
• 2+ years of experience in the financial services industry.
• Familiar with AML laws and regulations.

Responsibilities

• Investigating incidents of possible money laundering, terrorist financing, or fraud.
• Provide sophisticated financial analysis to assess risk.
• Protect Fidelity and its customers and ensure regulatory AML compliance.
• Support AMLO efforts to maintain an effective AML program.

Skills

AML Investigations

Financial services experience

Regulatory compliance

Analytical thinking

Communication skills

Interpersonal skills

Decision making

Fidelity systems familiarity

Education

Bachelor's degree

Job description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

AML Investigators are responsible for providing sophisticated financial analysis, investigating incidents of possible money laundering; terrorist financing; insider trading; securities fraud; market manipulation; suspected theft or embezzlement and customer fraud.

The Expertise and Skills You Bring

• College degree and/or 8-10 years' work experience in a relevant field.




• 2+ years of experience in the financial services industry.




• Previous Risk Management/Compliance/Anti-Money Laundering experience a plus.




• Detailed knowledge of brokerage operations.




• FINRA Series 7 preferred.




• Working knowledge of Fidelity systems a plus.




• An understanding of the financial services industry and its corresponding products.




• Proven interpersonal skills; ability to work well in a small, collaborative team, while also communicating and interacting with senior executives.




• Strong communications skills (both written and oral).




• Familiar with AML laws and regulations.




• Require minimal direction and supervision as there will be a significant level of decision making.




• Investigating and identifying incidents of possible suspicious activity.




• Protecting Fidelity and its customers.




• Ensuring Fidelity is fulfilling its regulatory requirements with regards to AML.




• Supporting AMLO efforts in order to maintain an effective AML Program.

The Team

The Financial Intelligence Unit (FIU) is a division of Fidelity's Global Security and Investigations group that strives to protect Fidelity's businesses, clients, customers and reputation by providing effective and timely analytical and investigative services.

AML Investigations is a specialized group within FIU, responsible for investigating cases of suspicious activity and when necessary, filing Suspicious Activity Reports (SARs) with FinCEN (Financial Crimes Enforcement Network) a bureau of the US Treasury, whose mission is to safeguard the financial system through the collection, analysis, and dissemination of financial intelligence. The unit maintains key business partner relationships with Fidelity's Anti-Money Laundering Office (AMLO) and Compliance as well as with regulatory entities and various law enforcement agencies.

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Compliance

Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.