Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Suspicious Activity Monitoring (SAM) Alert and Sanctions Analyst, assists with the Company’s compliance with all regulatory requirements and guidelines relating to the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), USA PATRIOT Act, and other anti-money laundering program requirements. This staff position is responsible for reviewing transactions to identify potential unusual activity, dispositioning alerts in a timely manner and escalating activity that requires further investigation; and reviewing and dispositioning all OFAC sanctions possible matches.

DUTIES / RESPONSIBILITIES / ESSENTIAL FUNCTIONS:

• Conduct initial analysis of transactions and customer relationships to identify and disposition SAM alerts and escalate potentially suspicious activity for further investigation by SAR Office Investigators.
• Review and disposition SAM alerts within established SLA.
• Responsible for OFAC and watch list sanctions processes, including the review and dispositioning of OFAC alerts within established SLA.
• Responsible for 314(a) processes, including the review and dispositioning of alerts, reporting matches to FinCEN within regulatory required time periods, and creating Alerts and Cases for further investigation by SAR Office investigators.
• Assist senior staff in researching and responding to regulatory and compliance requests, as needed.
• Interact with the company’s fraud investigation areas for clarity and/or to obtain additional information to ensure timely evaluation of routine potentially suspicious activity.
• Create Unusual Activity Alerts and Cases from certain basic, routine referrals.
• Perform basic and routine SAR Office investigations, including transaction analysis, research, SAR filing decisions and SAR drafting and filing for basic, routine cases.
• Partner with internal contacts as needed to assist in providing oversight of the company’s AML program. 

EDUCATION:

Bachelor's degree and 1-2 years of related work or internship experience preferred.

LICENSING REQUIRED:

FINRA registrations preferred but not required.

OTHER PREFERRED QUALIFICATIONS:

• Excellent verbal and written communication skills.
• Strong leadership/negotiation skills, ability to take ownership of self-professional development, and self-driven toward career goals.
• Multi-dimensional and adaptable team player, able to tackle a diversity of duties while performing non-analyst or silo style roles and solidly demonstrating initiative.
• Self-starter and problem-solver with the ability to deliver results with minimal hands-on guidance.
• Some AML and Fraud detection and investigation experience preferred.
• Exceptional interpersonal skills with ability to interface with a variety of colleagues, including associates and senior management alike, are required.
• Exceptional research and analytical skills are required.
• Technology tools that this resource must have experience using: Excel, Word, Outlook, Actimize, internal proprietary systems and third-party vendor systems.
• Previous experience with Actimize a plus.
• Typical office environment.
• Ability to manage multiple, competing priorities with strict deadlines. 
• Other duties as required.

This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job.  The employer has the right to revise this job description at any time.   You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description.   You may be required perform other duties that are not included on this job description.  The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer •  Drug-free workplace

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

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