Summary
About this role
Employee Applicant Privacy Notice
Who we are:
Shape a brighter financial future with us.
Together with our members, we’re changing the way people think about and interact with personal finance.
We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.
The role:
The AML Compliance Senior Specialist will be responsible for conducting independent reviews
and analysis of possible suspicious activity to ensure compliance with the Bank Secrecy Act and
the USA PATRIOT Act. The AML Compliance Senior Specialist will conduct thorough research
and document their analysis and conclusions within the SoFi case management system to
support their investigations and dispositions and will be responsible for filing SARs if the facts
and circumstances support it.
What you’ll do:
● Conduct AML investigations to evaluate whether AML risks derived from alerts and
cases generated from manual and automated transaction monitoring alerts/cases are
risk-relevant and may warrant a SAR filing to be prepared. Ensure alert and case
determinations are appropriate, fully supported, clearly documented
● Conduct Continuing Activity Reviews based on previously SARs filed and determine
whether a subsequent filing is appropriate based on facts and circumstances
● Conduct investigations related to 314(a) matches, 314(b) requests and law enforcement
inquiries as necessary
● Maintain a thorough comprehension of AML typologies related to retail banking and
wealth management
● Conduct research utilizing available systems, databases, and the internet, consistent
with the resolution of investigations
What you’ll need:
● Bachelor’s Degree from a four-year college or university in a related field
● 1-2 years of experience in the finance industry focusing on AML transaction monitoring
● Demonstrated ability to communicate effectively with all levels of the organization and
across different business lines
● Excellent working knowledge of BSA/AML laws and regulations relative to money
laundering and terrorist financing and the ability to apply this knowledge in assessing
transaction activity
● Experience with AML transaction monitoring systems
● Administering anti-money laundering policies and procedures.
● Excellent organizational, verbal, written and interpersonal skills are required
● Must be able to multitask, adapt well to changing priorities and effectively prioritize
workflow to meet critical deadlines
● Ability to work in a fast-paced, demanding, and changing environment; must work well
under pressure
● Excellent analytical skills required
Nice to have:
● CAMS certification preferred (or willingness to become certified within one year of start
date)
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
SoFi is committed to an inclusive culture. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Other facts
About SoFi
SoFi is a values-driven company on a mission to help our members get their money right. We create modern financial products and services that help people borrow, save, spend, invest, and protect their money better, so that they can achieve financial independence and realize their ambitions—from owning a home to saving for retirement, paying off their student loans, and more.
CFL #6054612; NMLS #1121636 (www.nmlsconsumeraccess.org) Advisory services through SoFi LLC, a registered investment advisor. SoFi Checking and Savings is offered through SoFi Bank, N.A. Member FDIC. SoFi Money™ is offered through SoFi Securities LLC, member FINRA/SIPC.
What you'll do
- The AML Compliance Senior Specialist will conduct independent reviews and analysis of suspicious activity to ensure compliance with relevant laws. This includes filing SARs and maintaining thorough documentation of investigations.
Ready to join SoFi?
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