Job Title: Business Analyst

Interview Process:2 rounds
Interview Format:Virtual (Zoom)

Job Summary:
We are seeking a candidate with strong analytical and attention-to-detail skills who will be responsible for monitoring and reviewing transactions to identify potentially suspicious activity, conducting investigations, and preparing Suspicious Activity Reports (SARs) as required.

The ideal candidate will possess strong communication skills, as the role requires interaction with colleagues across multiple levels of the firm, financial advisors, field supervisors, and clearing firms in order to conduct thorough investigations and resolve matters effectively.

Education Requirements:

• Bachelor's Degree preferred

• High School Diploma or GED with significant relevant practical experience will also be considered

Responsibilities:

• Identify and investigate potentially suspicious or fraudulent activity detected through internal monitoring systems or escalated by other business units.

• Conduct and document thorough reviews of assigned alerts or escalated cases.

• Prepare and complete Suspicious Activity Reports (SARs) in accordance with regulatory requirements and internal procedures.

• Work with financial advisors and supervisors to gather relevant information and documentation required to resolve investigations.

• Identify and escalate issues involving suspicious activity, policy violations, or potential risks to the firm in a timely manner.

• Utilize a variety of public and non-public resources to investigate matters involving potential financial crime or fraud.

• Maintain strict confidentiality when handling sensitive information and interacting with internal and external stakeholders.

• Stay current on laws and regulations related to Anti-Money Laundering (AML) violations and financial crime compliance.

• Perform additional duties as assigned.

Basic Requirements:

• 1–3 years of securities industry experience

• 2–3 years of experience conducting financial crime investigations (e.g., money laundering, fraud)

• Strong verbal and written communication skills

• Experience with transaction monitoring systems such as Actimize, Mantas, or similar platforms

• Professional and collaborative approach when working with business partners

• Strong SAR writing and case disposition skills

• General compliance knowledge with strong understanding of Client, SEC, and firm-specific regulations

• Experience with 314(a) and 314(b) processes is a plus

• Proficiency in Microsoft Office applications (Word, Excel, Access)

• Strong organizational skills with the ability to meet strict deadlines

• Ability to interpret Client manuals, notices to members, compliance notices, broker/dealer regulations, and internal policies

• Knowledge of retail brokerage operations, fee-based advisory services, and investment products, including:

  • Mutual funds

  • Variable annuities

  • Alternative investments

  • Stocks

  • Bonds

Preferred Requirements:

• CAMS certification or equivalent (CFCS)

• Client Series 7 license preferred

• CFE (Certified Fraud Examiner) certification preferred