Sr Specialist, AML Enhanced Due Diligence (EDD)

Charles Schwab; Orlando (FL); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

401(k) with company match

Paid parental leave

Health, dental, and vision insurance

Tuition reimbursement

Job summary

A leading financial services firm is looking for a Sr Specialist in AML Enhanced Due Diligence in Orlando, FL. This role will involve conducting investigations, managing client risk assessments, and ensuring compliance with AML regulations. The ideal candidate has 1–2 years of experience in Financial Services and strong analytical and communication skills. A bachelor's degree is preferred and offers a hybrid working model.

Qualifications

• 1–2 years’ experience in Financial Services / Risk Management.
• Solid understanding of various corporate structures and purposes.
• Experience in transaction analyses and report writing.

Responsibilities

• Conduct periodic risk‑based investigative searches.
• Create risk memorandums and supporting documentation.
• Work with third‑party sources for client research.

Skills

Strong written communication skills

Analytical thinking

Attention to detail

Interpersonal communication skills

Problem-solving abilities

Education

Bachelor’s degree preferred

Tools

MS Word

MS Excel

SharePoint

Job description

Sr Specialist, AML Enhanced Due Diligence (EDD)

Join to apply for the Sr Specialist, AML Enhanced Due Diligence (EDD) role at Charles Schwab.

At Schwab, you’re empowered to make an impact on your career. Innovative thought meets creative problem solving, helping us challenge the status quo and transform the finance industry together.

The position is within the Financial Crimes Risk Management (FCRM) Department. FCRM assists across all Schwab enterprises in assessing BSA/AML/Sanctions/Fraud risks presented to our business units and is committed to complying with all laws and regulations governing the identification and reporting of suspected money laundering activities, as well as activities prohibited by OFAC laws and regulations.

We are offering the opportunity for a dynamic AML professional to join our team as an FCRM Senior Specialist. The core function is to perform risk‑based reviews, including investigating and researching source systems for possible money laundering attempts or other financial crimes and writing detailed client memorandums.

What You Will Do

The Senior Specialist will work with a diverse team responsible for performing and executing the firm’s Enhanced Due Diligence process. The position will report to the Sr. Team Manager and is an individual contributor role.

Additional Responsibilities

• Conduct periodic risk‑based investigative searches
• Create risk memorandums and supporting documentation for each client
• Work with third‑party sources and perform research to understand the nature and purpose of the client’s accounts and transactions
• Manage a daily batch of alerts with monthly production goals
• Identify and recommend solutions to issues impacting Risk and Controls
• Build and manage relationships with internal and external business partners

Note: This position is only open to the corporate office locations in Southlake, TX and Orlando, FL. Candidates must reside or be willing to relocate on their own to these areas. It will be a hybrid schedule of 4 days a week in office and 1 day from home.

Required Qualifications

• 1–2 years’ experience in Financial Services / Risk Management
• Strong written, oral, and interpersonal communication skills
• High level of attention to detail with the ability to solve problems
• Analytical thinking
• Strong ability to prioritize and maintain SLA while coordinating multiple processes
• Experience in transaction analyses, utilizing research tools, and report writing
• Solid understanding of various corporate structures and purposes behind such structures
• Flexible and adaptable in handling change
• Experience with MS Word, MS Excel, and SharePoint sites

Preferred Qualifications

• AML, Enhanced Due Diligence, KYC and/or Brokerage experience
• Professional AML related certifications
• Knowledge of the laws and regulations applicable to money laundering, including the Bank Secrecy Act (BSA), the USA PATRIOT Act, Suspicious Activity Report (SAR) filing requirements, the Anti‑Money Laundering Act of 2020, and the CDD Final Rule
• Bachelor’s degree preferred

Benefits

• 401(k) with company match and Employee Stock Purchase Plan
• Paid time for vacation, volunteering, and a 28‑day sabbatical after every 5 years of service for eligible positions
• Paid parental leave and family building benefits
• Tuition reimbursement
• Health, dental, and vision insurance

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Information Technology