Compliance Analyst, Allianz

Allianz

Location:
United States, Minneapolis

Category:
Legal

Contract Type:
Employment contract

Salary:

47000.00 - 114000.00 USD / Year

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Job Description:

The Ethics & Compliance Analyst will support the Company’s Anti-Money Laundering & Economic Sanctions Programs. The role includes conducting investigations, maintaining procedures related to compliance, and supporting AML and Sanctions programs including the implementation of the Customer Due Diligence Solution (ADDS). Responsibilities focus on risk mitigation, suspicious activity reporting, and collaboration with various business units.

Job Responsibility:

Support the development of the Financial Crimes Programs and initiatives to comply with the respective Group and applicable regulatory obligations pertaining to anti-money laundering and economic sanctions
Support the AML Program and Team with detailed and prompt investigation of AML/Sanctions alerts and reports, including PEP/RCA cases and escalations, Financial Crimes Monitoring, reporting suspicious activity to the MLRO, including support on suspicious activity report preparation and filing
Participate in and facilitate information sharing with the MLRO, business partners, and peers in a timely and efficient manner, to ensure efficient communication
Work closely with direct counterparts as well as other business partners and stakeholders across the Company to support Allianz Life’s proactive AML efforts. Primary responsibilities include providing support for the AML Program, for the specific purpose of ADDS implementation, detecting, analyzing and preventing suspicious or fraudulent activity, within pertinent business units, channels and products
Improve and maintain applicable procedures, and oversee Standard Operating Procedures related to AML, Sanctions, and Financial Crimes Monitoring and Oversight
Execute second line monitoring and testing for the AML and Sanctions Programs
Aid in the improvement of tools to monitor, analyze, and report suspicious activity.

Requirements:

Bachelor’s degree or equivalent work experience required
AML and/or Sanctions Certifications preferred with ACAMS
required within 24 months of hire
1-2 years of experience in AML
Knowledge of laws and regulations pertaining to: FinCEN, OFAC, FINRA, Bank Secrecy Act, Patriot Act, International guidelines, as well as schemes associated with financial crimes affecting the life insurance & annuity industry
Demonstrate integrity and commitment to Company values
Good verbal and written communications skills, in particular, ability to communicate complex information to the Business
Ability to understand and solve problems and review cases, alerts, reports, in a fast-paced, time-sensitive environment
Analytical judgment, critical thinking, and research skills
Strong attention to detail and strong documentation skillset required
Strong time management and prioritization skills
Display sense of ownership in relation to attitude and actions, assignments and event outcomes
Ability to foster relationships, networking skills within the Company
Adaptable to change, flexible and open-minded
Team player
desire to work in a diverse team
Utilization of artificial intelligence tools and resources (e.g. generative AI)
You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.

Nice to have:

AML and/or Sanctions Certifications preferred with ACAMS
networking skills within the Company
adaptable to change, flexible and open-minded
team player
desire to work in a diverse team.

What we offer:

Comprehensive medical, dental and vision plan options
health savings account
tuition reimbursement
student loan retirement plan
generous annual paid leave
outstanding 401(k) company match
life insurance
award-winning campus amenities such as onsite health center, child development center, fitness facility, convenience store and two cafeterias
inclusive culture shaped by Employee Resource Groups
environment that welcomes and celebrates diversity.

Additional Information:

Job Posted:
May 01, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Compliance Analyst