AML Analyst
DriveWealth
DriveWealth is a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices.
Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.
We seek enthusiastic professionals to contribute diverse perspectives and experiences to our Brokerage-as-a-Service platform. Our culture blends the pace and opportunity of a tech start-up with the impact, stability, and significance of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. We value diversity and inclusion, celebrating the unique differences of our employees as we scale and grow together. We’re guided by operating principles grounded in accountability, teamwork, integrity, and solutions built to scale. Join us!
About The Role
The AML Team is responsible for ensuring the firm’s adherence to the BSA (Bank Secrecy Act) by effectively demonstrating CIP, Customer Due Diligence, and Ongoing Monitoring through the use of Transaction Monitoring and KYC platforms aimed to detect and deter Financial Crime risks.
The AML Analyst will investigate and analyze potential anti-money laundering, fraudulent transactions, ID verification, and potential watchlist screening matches. Findings will be properly documented and escalated as appropriate.
What You’ll Do
- Perform due diligence on new and existing accounts to support the company’s KYC Program.
- Review and investigate Alerts from various sources to thoroughly identify financial crime risks
- Document and report the investigation findings and prepare case files for review (e.g. media search results, PEP search, review and analyze wire data, results from internal system searches etc.)
- Conduct additional research/review of transactional history as necessary in determining the correct disposition for the Alerts and/or request additional information if necessary
What You’ll Need
- Experience reviewing account transaction activity for indications of unusual account behavior
- Knowledge of KYC requirements, CIP/CDD/EDD processes, and BSA/AML regulations
- Experience reviewing customer profiles, beneficial ownership structures, and adverse media or PEP screenings
- Strong analytical, investigative, and problem-solving skills with attention to detail
- Excellent written and verbal communication skills, including the ability to document decisions clearly and present findings to senior management or regulators
- Knowledge of broker-dealer products and transactional activity preferred
- Bachelor’s degree in finance, business, or related field; CAMS or similar AML certification a plus
Applicants must be authorized to work for any employer in Lithuania. DriveWealth is unable to sponsor or take over sponsorship of an employment Visa at this time.
Compensation
Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.
Benefits
- Competitive medical, dental, and vision insurance options
- Mental health resources
- Generous paid time off with observed holidays (varies per country)
- Paid parental leave for biological and adoptive parents
- Up to $2,500 or local equivalent each year to invest in continued education and personal development
- Up to $900 each year or local equivalent for fitness and wellness reimbursement
- Company-provided phone (varies by country)
- For HQ in-office employees, a daily lunch stipend, unlimited snacks, and engaging office space in the Financial District
- Pre-tax commuter benefits (US only)
- Employer 401K match (US only)
Benefit offerings vary based on country and are subject to change.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
TO ALL AGENCIES: Please, no phone calls or emails to any employee of DriveWealth outside of the Talent organization. DriveWealth’s policy is to only accept resumes from agencies via Greenhouse (ATS). Agencies must have a valid services agreement executed and must have been assigned by the Talent team to a specific requisition. Any resume submitted outside of this process will be deemed the sole property of DriveWealth. In the event a candidate submitted outside of this policy is hired, no fee or payment will be paid.