AML Transaction Monitoring Analyst at StoneX Group Inc. (Birmingham, AL)

| Birmingham, AL
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Job Description

Position Purpose: AML Transaction Monitoring is necessary to identify and protect the firm from activity that may be unusual and/or indicative of potential money laundering, fraud and other types of financial crime. As part of the AML Group's Transaction Monitoring function, in this role the individual will be responsible for conducting a variety of tasks such as BAU Alert reviews, investigations, preparing narrative information for SAR filings, conducting enhanced due diligence, and participating in ad hoc projects as needed. They will utilize internal and external investigative resources and apply logical research techniques.

Primary Accountabilities/Responsibilities:
  • Manage daily alert volumes and investigations; escalate matters to AML mgmt. as necessary
  • Conduct additional reviews on transactional history and client profile to determine the applicable course of action with their manager; 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 enhanced due diligence as needed
  • Work with team to address 314(a) & (b) matters
  • Ability to conduct complex investigations involving matters such as reviews of multiple associated accounts.
  • Keep abreast of new rules, regulations to further improve our investigation processes.
  • Participate in related AML projects and remediations
  • 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.

Job Requirements:
  • 3-5 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 of transaction 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
  • Excellent writing and analytical skills
  • Strong problem-solving skills
  • Operational knowledge of USD payment systems, including SWIFT, CHIPS, ACH, and FedFunds a plus
  • Must have good working experience with case management system and transaction monitoring tool (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

Physical requirements/Working conditions:
  • Dynamic, time-sensitive environment
  • Regular fixed schedule, with occasional, but rare, afterhours and weekend work opportunities
  • Climate controlled office environment
  • Minimal physical requirements other than occasional light lifting of boxed materials


About Us

StoneX (formerly known as INTL FCStone) is an institutional-grade financial services network that connects companies, organizations and investors to the global markets ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service and deep expertise. We provide access to 36 derivatives exchanges, 175 foreign exchange markets, nearly every global securities marketplace and a number of bi-lateral liquidity venues. We deliver this access with support throughout the entire lifecycle of a trade - from consulting and "boots-on-the-ground" intelligence, to best execution, to post-trade clearing, custody and settlement. In these ways, StoneX enables clients to use the global markets ecosystem to achieve their business goals through one trusted partner. We currently serve more than 30,000 commercial, institutional and payments clients, and more than 125,000 retail clients across more than 130 countries. Our clients use our institutional-grade digital platforms, our high-touch service, and our market intelligence to pursue trading opportunities, make investments efficiently, manage their market risks, and improve their business performance. Our relentless focus on helping them accomplish these objectives has enabled us to build deeply valued, long-term relationships based on guidance, integrity, transparency and trust.

StoneX Group Inc. is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
More Information on StoneX Group Inc.
StoneX Group Inc. operates in the Fintech industry. The company is located in New York, NY. StoneX Group Inc. was founded in 2022. It has 1502 total employees. To see all 15 open jobs at StoneX Group Inc., click here.
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