Senior Specialist, AML Compliance

The Western Union Company; Denver (CO); Hybrid; USD 55,000 - 65,000; Full time

Benefits offered by this job

Health insurance

401K Plan

Paid Time Off

Parental Leave

Job summary

The Western Union Company is seeking a Senior Specialist, AML Compliance in Denver, CO, to join the FIU within Global Compliance. You will monitor and analyze potentially unusual money transfer activity, document findings, and escalate regulatory concerns in coordination with global FIU teams.

Ideal candidates have 1+ years in AML compliance or BSA, familiarity with SharePoint, LexisNexis, Tableau, and MS Office, and readiness to work in a hybrid setting three days per week.

Qualifications

• 1+ years of experience in AML compliance or Bank Secrecy Act.
• 1+ years of experience with open-source online tools.
• 1+ years of MS Office experience (Excel, Word, PowerPoint).
• Familiarity with SharePoint, Lexis Nexis (or similar), Tableau or applicable Western Union systems.

Responsibilities

• Perform analysis of transactions from automated alerts to identify potential money laundering and related risks.
• Take risk mitigation steps including reporting suspicious or unusual activity as required by AML laws or internal procedures.
• Document and/or refer cases for further investigation.
• Collaborate with global teams within FIU and support projects/non-standard tasks.
• Participate in team activities such as huddles, problem solving, and training.

Skills

AML Compliance

Bank Secrecy Act

MS Office Suite

Open-source tools

Tools

SharePoint

Lexis Nexis

Tableau

Job description

IMPORTANT NOTE

Candidates must be authorized to work in the United States on a full-time basis; visa sponsorship is not available for this role. This position requires candidates to be based in Denver location with an expectation to work from the office at least three days per week. Please note that relocation assistance is not provided.

Senior Specialist, AML Compliance

In this role, you will be a member of Western Union’s Financial Intelligence Unit ("FIU") located within the Global Compliance organization. The FIU assists to mitigate money laundering and terrorist financing risks to Western Union. This highly visible area is responsible for identifying, escalating, and mitigating money laundering risk related activity. Specifically, in this role, you will be responsible for monitoring and analyzing potentially unusual money transfer/money order transactions and patterns that may be indicative of money laundering or terrorist financing concerns or have no apparent economic or lawful purpose. This role will analyze elements such as the background and purpose of transactions, collect and document relevant account and transactional data, review and analyze data, and make decisions regarding potential regulatory filing or other compliance/risk concerns. This role is also responsible for proper documentation of analytical work based on established procedures. At times, this role may be asked to work on specific projects or non-standard tasks and oversight processes.

Roles and Responsibilities

• Perform analysis of transactions stemming from automated alerts to identify potential money laundering and other potential risks/typologies associated with either WU Consumers, WU Payments Clients/customers, and/or Agent Network locations.


• This also includes taking necessary risk mitigation steps that may include reporting suspicious and/or unusual activity as required by AML laws or following other internal Western Union procedures.


• Document and/or refer specific cases for further investigation.


• Work cross-functionally with global teams across the FIU organization and/or support projects and/or non-standard tasks to further department priorities.


• Participate in team efforts such as huddles, problem solving, training, and innovation efforts of the team, FIU, and Western Union.

Basic Qualifications

• 1+ years of experience in any of the following: Bank Secrecy Act, AML Compliance, general and/or risk-based compliance.


• 1+ years of experience with open-source using online tools.


• 1+ years of experience with MS Office suite (Excel, Word, & PowerPoint).


• Basic understanding of trends and developments in Anti-Money Laundering risks and concerns, along with keeping up to date in product use and associated risks.


• Familiarity/experience with tools such SharePoint, Lexis Nexis (or similar), Tableau, and/or applicable Western Union systems/applications.

Preferred Experience

Preferred Experience working cross functionally is preferred.

We make financial services accessible to humans everywhere. Join us for what’s next. Western Union is well positioned to become the world’s most accessible financial services company-transforming lives and communities. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward. Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union.

WORKPLACE OPTION HYBRID - Western Union values in-person collaboration, problem solving, and ideation whenever possible. We believe this fosters common ways of working and supports how we execute initiatives for our customers. The expectation is to work from the office a minimum of three days a week.

Benefits and Other Details

Benefits You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few. Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

• Medical, Dental, Vision, and Life Insurance


• Paid Time Off


• Parental Leave


• Global Adoption Assistance


• 401K Plan

Salary

The base salary range is $55,000.00 - $65,000.00 per year. Actual salaries will vary based on candidates’ qualifications, skills, and competencies.

Other Details

We are passionate about honoring our employee's identity and fostering a feeling of belonging. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

At Western Union, we’re more than a trusted name in global payments. We’re moving beyond remittances, beyond cash, and beyond the expectations of our customers. Our talented teams enable us to transform into a digital-first company, built on the strength of our retail foundation and powered by next-generation payments. All this with the goal of helping people prosper. Our customers inspire us to push boundaries and create services that make life easier and communities stronger. Wherever you are in the world, we’re committed to shaping the next generation of financial experiences. Join us as we go beyond and be part of a team that’s redefining what’s possible.