Financial Crimes Compliance Associate

2 weeks ago


King of Prussia, Pennsylvania, United States Vestwell Full time
About Vestwell

Vestwell is a leading provider of workplace savings and investment solutions. Our mission is to empower American workers to achieve their long-term financial goals by providing easy access to affordable, flexible, and intuitive savings programs.

Job Summary

We are seeking a highly skilled Financial Crimes Compliance Associate to join our growing Legal and Compliance Team. In this role, you will play a critical part in managing fraud risk for Vestwell and our clients, ensuring compliance with regulatory requirements, and collaborating with cross-functional teams to drive business growth.

Key Responsibilities
  • Analyze daily high-risk fraud indicators to identify suspicious activity across multiple reports.
  • Review, research, and respond to escalated surveillance and screening alerts.
  • Prepare detailed escalation memos to alert clients of potential suspicious activity.
  • Collaborate with Client, Operations, and Services Teams to track, research, and resolve customer inquiries, complaints, and escalations.
  • Log and track all suspicious activity information to be used in management and client reporting.
  • Contribute to various Legal and Compliance Team projects to help scale our growing business.
  • Develop and implement improvements to procedures or platform features to enhance security reviews and efficiency.
Requirements
  • Bachelor's degree in business, finance, or criminal justice.
  • Experience performing fraud detection or anti-money laundering functions.
  • Ability to work in a fast-paced start-up environment with a high degree of autonomy.
  • Exceptional analytical and detail-oriented skills, with a high degree of accuracy required.
  • Strong time management, prioritization, and deadline management skills.
  • Excellent verbal and written communication skills.
  • Proficiency with productivity tools, especially JIRA.
  • Experience with research tools like LexisNexis.
What We Offer

Vestwell offers a competitive salary range of $60K - $70K, eligibility to participate in the Company Bonus Pool, and new hire equity in the Company. We also provide a comprehensive benefits package, including health coverage, an open vacation policy, and a remote-hybrid office policy.

Our Process

Our interview process typically involves 1-2 conversations with team members, followed by a skill or experience screen, and then a virtual or in-person interview panel. Before making an offer, we conduct a references check stage. We prioritize transparency and lack of surprise throughout the process.



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