Finassent is currently a fast growing Financial Crime Compliance Solutions Provider. We are seeing tremendous client demand, and looking forward we do not anticipate that slowing down. In this ever-changing market environment, our professionals must be adaptable and thrive in a collaborative, team-driven culture. At Finassent, our people are our number one priority. With a wealth of learning and career development opportunities, a world-class training facility and leading market tools, we make sure our people continue to grow both professionally and personally. If you’re looking for a company with a strong team connection where you can be your whole self, have an impact, advance your skills, deepen your experiences, and have the flexibility and access to constantly find new areas of inspiration and expand your capabilities, then consider a career at Finassent.
Finassent is currently seeking a Senior Associate, Financial Crimes for our Financial Crimes Advisory business unit.
Responsibilities:
Assist a variety of financial institutions in addressing financial crimes (such as Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC)/sanctions) matters across all three lines of defense; help Financial Crimes leaders (BSA/AML, Fraud, and Sanctions) in the financial services industry
Provide support for financial services or financial crimes compliance initiatives at the direction of the national financial crimes; drive the development and implementation of innovative compliance solutions that enhance the efficiency and effectiveness of an institution’s financial crime prevention efforts, setting a high standard for compliance excellence
Aid management in identifying, escalating, and managing engagement risk on behalf of internal and external stakeholders; act as a specialist to the leadership team; manage part(s) of an engagement, supervise Associate level staff on engagements, and provide direction and training to Associates.
Deliver input into engagement decisions such as work plans, timelines, budgets, project management, and resource allocation; maintain an awareness of current marketplace issues and stay up to date with emerging regulatory requirements and guidance
Engage in projects to enhance compliance programs to mitigate risk and improve processes; conduct test and validate financial crime systems; implement and utilize advanced tools and methodologies to enhance the detection and reporting of financial crimes; support clients with technical risk and control reviews, ensuring compliance projects are executed with precision and in accordance with the latest regulatory requirements and expectations
Qualifications:
Minimum three years of financial crimes (such as AML/OFAC/Anti-Bribery and Corruption (ABC)/Anti-Fraud) compliance or due diligence experience in the financial or professional services industries and/or with relevant banking/securities regulatory agencies
Bachelor’s degree from an accredited college or university in business administration, finance, accounting, economics, engineering, data science, computer science, information systems, statistics, math or a related quantitative field of study; MBA or JD from an accredited college or university and/or CAMS Certification, FIBA AMLCA Certification, or similar certification such as Certified Fraud Examiner (CFE) preferred
Solid understanding of common money laundering schemes as well as the AML and sanctions legal and regulatory environment, specifically the laws, regulations, and guidance promulgated under the BSA, USA PATRIOT Act and OFAC; application and package experience in any of the following: Transaction Monitoring Vendor Solutions, KYC Vendor Solutions, and OFAC sanctions screening solutions
Skilled in examining, assessing, and/or enhancing aspects of a financial crimes; compliance program (for example, performing internal audits or compliance testing reviews, remediating identified deficiencies) preferred; strong involvement with vendor solutions, including KYC, Transaction Monitoring and Sanctions Screening
Strong interpersonal skills with the ability to meet the needs of the team and business; experience in performing auditing, testing or quality assurance of AML and/or OFAC controls and processes; excellent writing abilities across various deliverable formats including reports and presentations as well strong experience in Microsoft Excel, PowerPoint.
Ability to travel as needed.

Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Finassent will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Finassent complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant’s skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, the firm is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Compensation package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, Finassent provides Personal Time Off per fiscal year. Additionally, each year the company publishes a calendar of holidays to be observed during the year. Additional details about our benefits can be found on our Careers site.

Finassent offers a comprehensive compensation and benefits package. Finassent is an equal opportunity employer. Finassent complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link contains further information regarding the firm’s compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.

Finassent does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to Finassent offices, client sites or Finassent events, except when mandated by federal, state or local law. In some circumstances, clients also may require proof of vaccination or testing (e.g., to go to the client site).
Finassent recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them.

Los Angeles County applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.