Senior Legal Compliance Analyst, Corporate - Remote for US Based Candidates

CNO Financial Group; Milwaukee (WI); Remote; USD 84,000 - 128,000; Full time

Job summary

An established industry player is seeking a Senior Legal Compliance Analyst to enhance its AML/watchlist transaction monitoring program. This role is critical in ensuring compliance with regulatory requirements while providing guidance and training to business partners. The position offers the opportunity to investigate complex financial transactions and stay abreast of evolving laws and technologies. The ideal candidate will possess a strong background in financial services, with the ability to analyze regulatory requirements and develop compliant solutions. Join a dynamic team dedicated to protecting the integrity of financial systems and enjoy a rewarding career with flexible work arrangements.

Benefits

Medical insurance

Dental insurance

Vision insurance

401(k)

Disability insurance

Paid time-off

Parental leave

Qualifications

• 5+ years in financial services/insurance (Life & Health).
• Participation in AML, fraud, or insurance seminars.

Responsibilities

• Investigate suspicious activities related to money laundering.
• Draft and administer AML/watchlist policies and procedures.
• Monitor regulatory developments and industry trends.

Skills

Investigation of suspicious activity

AML compliance knowledge

Regulatory reporting

Data management

Cross-functional collaboration

Education

Bachelor's degree or equivalent work experience

Tools

Patriot Manager

Accurint

Job description

The stated pay range is based on a national-average location. Actual salary is determined by factors including relevant work experience, skills, and location. This position is bonus eligible.

CNO Financial Group’s Legal Team is hiring a Senior Legal Compliance Analyst to execute and operate CNO’s AML/watchlist transaction monitoring in a timely manner. This role will be responsible for the day-to-day operation of an AML/watchlist program, linking regulatory requirements, CNO’s policies and procedures, technology, and data across all CNO insurance companies. The position will also provide IT support and execution to the AML/watchlist program and other compliance initiatives. This role will create and provide AML, financial crimes, and watchlist compliance guidance and training to business partners and insurance agents pertaining to various compliance matters including money laundering, financial crimes, elder abuse, sales practice activities, and compliance risk monitoring and reporting.

This is your opportunity to investigate complex financial transactions, understand diverse regulatory requirements, and stay updated with evolving laws and technologies. This position is intellectually rewarding and you’ll know you’re protecting the integrity of financial systems via your work.

As a Senior Legal Compliance Analyst, your responsibilities will include:

1. Investigate potentially suspicious activity related to money laundering and financial crimes, including account surveillance, risk alerts, regulatory investigations, and escalations from various divisions. Create and submit reports to international, federal, and state regulators, including SAR reports, elder exploitation, and 314(a) matters.
2. Function as the primary liaison between our AML/watchlist software vendor and the company. Provide IT support and ensure compliance with AML/watchlist program requirements.
3. Draft, revise, and administer policies, procedures, and training documents to ensure compliance with laws related to money laundering, financial crimes, and watchlists, including the US Patriot Act. Identify vulnerabilities and assist in corrective actions.
4. Monitor regulatory developments and industry trends to incorporate into CNO’s AML, financial crimes, and watchlist program.
5. Review and prepare data for regulatory reporting, working with systems like Patriot Manager and Accurint, and collaborate with IT to develop proper data formats.
6. Support report development and compliance risk monitoring, and assist with other responsibilities such as regulatory investigations, remediation, and complaint responses.

The position is well-suited for individuals who:

• Draft and administer AML/watchlist policies, with knowledge of IT systems and data management.
• Investigate and report to regulators.
• Develop and deliver AML/watchlist training.
• Understand laws and regulations related to insurance, AML, and financial crimes.
• Possess strong product knowledge of insurance products, especially annuities and life insurance.
• Analyze complex problems and provide compliant solutions.
• Exercise critical judgment based on data and regulatory knowledge.
• Proven success in leading cross-functional processes.

Minimum requirements include:

• Bachelor’s degree or 8 years of equivalent work experience.
• 5 years of experience in financial services/insurance (Life & Health).
• Participation in AML, fraud, or insurance seminars.
• Ability to work in Eastern or Central Time zones.

Preferred qualifications:

• AML, fraud, or insurance designations.
• 7+ years of experience in AML, financial crimes, and reporting.
• Experience managing and reporting data.

The company offers benefits such as medical, dental, vision insurance, 401(k), disability insurance, paid time-off, and parental leave.

We support flexible work arrangements, with options for remote work outside 60 miles of specified offices, and occasional travel. Work cannot be performed outside the U.S.

We value diversity and are an equal opportunity employer. We provide reasonable accommodations for individuals with disabilities.

Pay Range: $84,800.00 - $127,200.00 annually