StoneX Group Inc.

AML Transaction Monitoring Associate

StoneX Group Inc. • $75K — $90K *
Birmingham, AL 35242In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 1-3 years of experience in financial services compliance roles
  • Previous experience in financial or banking sector
  • Familiarity with transaction monitoring logic
  • Proven ability in enhanced due diligence and screening activities
  • Strong knowledge of AML regulations (KYC, OFAC, etc.)
  • Proficient in conducting investigations and analyzing account activities
  • Excellent writing, analytical, and problem-solving abilities
  • Operational knowledge of USD payment systems is a plus
  • Experience with transaction monitoring systems and case management tools
  • Proficient in MS Excel, especially with advanced functions
  • Familiarity with due diligence tools like LexisNexis and World Check
  • CAMS certification is advantageous

Responsibilities

  • Manage daily volumes of alerts and investigations, escalating issues as needed
  • Conduct thorough reviews of client transactions and profiles to determine necessary actions
  • Collaborate with various business lines to gather additional information
  • Document the rationale behind alert resolutions and investigate follow-ups
  • Prepare narratives for Suspicious Activity Reports (SARs) and related documentation
  • Conduct intricate investigations involving multiple linked accounts
  • Stay updated on regulatory changes to enhance investigation processes
  • Engage in AML projects and remediation initiatives as required
  • Develop a comprehensive understanding of AML typologies within specific sectors
  • Utilize investigative resources and collaborate with AML team members for case research

Benefits

  • A comprehensive range of medical benefits
  • Participation in an incentive compensation plan based on performance
  • Options for retirement plans
  • Opportunity for skills development and career advancement
  • Supportive work environment fostering compliance and ethical practices
Full Job Description
Role Purpose: The AML Department handles the anti-money laundering/sanctions/financial crime compliance and regulatory obligations applicable to the Firm’s businesses. We are looking for an Anti-Money Laundering/Financial Crime Compliance associate dedicated to supporting the AML Transacting Monitoring Manager in various divisions within StoneX Group Inc. In this role, the AML Transaction Monitoring Associate will play a crucial role in protecting the firm from activity that may be unusual and/or indicative of potential money laundering, fraud, and other types of financial crimes. The AML Transaction Monitoring Associate will be responsible for conducting a variety of tasks such as BAU Alert reviews, SAR drafting, enhanced due diligence, metrics reporting and related ad hoc projects. S/he will utilize internal and external investigative resources and apply logical research techniques.
Responsibilities

Primary Accountabilities/Responsibilities include but are not limited to:

  • Manage daily alert volumes and investigations; escalate matters to AML management as necessary
  • Conduct additional reviews on transactional history and client profile to determine the applicable course of action with the Transaction Monitoring manager
  • Work with other business lines (front office, onboarding, operations/treasury) to request additional information where needed
  • Memorialize rationale on how alerts or investigations are dispositioned; conduct follow up reviews where necessary
  • Prepare narratives and supporting information needed for filing Suspicious Activity Reports (SARs)
  • Conduct complex investigations involving matters such as reviews of multiple associated accounts
  • Keep abreast of new rules, and regulations to further improve the investigation processes
  • Participate in related AML projects and remediations as necessary
  • Learn and develop a thorough comprehension of internal AML typologies relating to specific business lines
  • Utilize internal and external sources, and partner with other members within AML team to research and investigate cases
  • Perform other duties as assigned by your line manager
Qualifications

Required from you

  • 1-3 years experience in conducting alert reviews, investigations, due diligence, and handling remediations in a financial services institution
  • Must have previous financial and/or banking industry experience
  • Good understanding oftransaction monitoring scenarios logic
  • Ability to conduct enhanced due diligence and screening
  • Knowledge of AML, KYC, FINCEN, CIP, OFAC, PATRIOT Act, requirements and regulations.
  • Experience in conducting comprehensive investigations and account activity analysis
  • Strong writing and analytical skills
  • Strong problem-solving skills
  • Operational knowledge of USD payment systems, including SWIFT, CHIPS, ACH, and FedFunds a plus
  • Good working knowledge of case management system and transaction monitoring tools (i.e. Nice Actimize, Oracle Mantas)
  • Good working knowledge of MS Excel, including pivot tables, macros, filtering, and sorting.
  • Experience using LexisNexis, World Check or similar tools for due diligence
  • CAMS certification a plus

Hiring Salary Range $75,000-$90,000 (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.)Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan. Thiscompensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.

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About StoneX Group Inc.

Stonex provides fabrication and installation of stone surfaces like kitchen countertops, bathroom vanity tops, and fireplaces. They provide products like white, marble, granite, travertine, onyx, limestone, and semi-precious stones. For inquiries, telephone and email contact are used.

StoneX Group Inc. Careers

Join the dynamic team at StoneX Group Inc., a prominent leader in financial services, where innovation meets expertise. At StoneX, we offer unparalleled job opportunities that propel your career forward in an environment fostering growth and leadership.

Work You’ll Do

At StoneX Group Inc., you will engage in transformative projects that redefine industry standards. Our team of professionals is dedicated to providing comprehensive financial solutions that empower businesses and individuals worldwide. By joining our team, you will collaborate with skilled experts to drive innovation and deliver exceptional results.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional position, StoneX Group Inc. offers a spectrum of career paths across various disciplines. Our commitment to professional growth and diversity training ensures that every team member has the tools and knowledge to succeed.

Innovate and Lead

StoneX Group Inc. is at the forefront of financial markets, offering cutting-edge solutions that facilitate global trade and investment. Our leadership in the industry is driven by a culture of innovation and a relentless pursuit of excellence. Join us and lead the way in developing new strategies and technologies that impact the financial landscape.

Be Part of Our Team

Our team at StoneX Group Inc. is our greatest asset. We thrive on the diversity of ideas and experiences that each member brings. We are committed to creating a supportive and inclusive environment where every employee can achieve their potential. Enjoy benefits that enhance your life and work, comprehensive training programs, and opportunities for networking and career advancement.

Develop Your Career

StoneX Group Inc. is dedicated to your professional development. With access to advanced training programs and mentorship, you can expand your skills and take on challenging roles that enhance your career trajectory. Our supportive culture and emphasis on leadership development prepare you for future roles within the company and beyond.

Join Our Hiring Events

Discover more about the exciting career opportunities at StoneX Group Inc. by participating in our hiring events. Meet our team, learn about our culture, and find out how your skills and interests align with our needs. Prepare your resume, sharpen your interview skills, and get ready to embark on a rewarding career journey with us.

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Apply Now

Ready to take the next step in your career? Explore the current job opportunities at StoneX Group Inc. and apply today. Join us in shaping the future of finance, enhancing your career, and making a significant impact in the industry.

SEARCH STONEX GROUP INC. JOBS

Whether you are looking for an internship, a full-time position, or a leadership role, StoneX Group Inc. offers a path to success. Join us and be part of a team that values innovation, leadership, and diversity.
Learn more about StoneX Group Inc.
Size
3,300 employees
Market Cap
$1.9 billion
Industry
Finance & Insurance
Net Income
$172.8 million
5 Year Trend
+17.5%
Revenue
$52.1 billion
NASDAQ
SNEX
* Ladders Estimates

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