Financial Crimes Compliance Associate, Vestwell

• A Bachelor's degree in business, finance and/or criminal justice
• Experience performing fraud detection or anti-money laundering functions
• Comfort working in a fast-paced start-up environment with a substantial degree of autonomy
• Exceptional analytical and detail-oriented aptitude; a high degree of accuracy is required
• Strong critical-thinking skills, with the ability to analyze information, identify patterns, and make sound, evidence-based decisions
• Ability to manage time effectively, set priorities, and meet deadlines
• Excellent verbal and written communication skills
• Proficiency with productivity tools, especially JIRA
• Experience with research tools like LexisNexis

Desirable

• Vestwell is seeking a Financial Crimes Compliance Associate to be part of our growing Legal and Compliance Team
• In this role you will take ownership of the day-to-day fraud detection functions to manage fraud risk for Vestwell and our clients, and comply with regulatory requirements
• You will report to the Financial Crimes Compliance Manager and will work cross-functionally and in close collaboration with our Client, Operations and Services Teams
• The role will have a significant impact by understanding, analyzing and controlling key risk for the company as we scale into our next phase of growth
• As a Financial Crimes Compliance Associate, you will serve as a strategic, exempt individual contributor responsible for monitoring, analyzing, and mitigating financial crime risk
• This role requires independent judgment, strong analytical skills, and the ability to interpret and apply regulatory requirements to protect the company and its clients
• You will collaborate across teams to ensure accurate escalation, investigation, and resolution of suspicious activity while supporting compliance initiatives
• Fraud Detection & Analysis: Analyze daily high-risk fraud indicators and surveillance reports to identify suspicious activity, applying critical thinking and regulatory knowledge to assess potential risk
• Regulatory Interpretation: Interpret applicable financial crimes and anti-money laundering regulations, applying them to business operations and client activity to ensure compliance and mitigate risk
• Escalation & Reporting: Review, research, and respond to escalated surveillance and screening alerts. Prepare detailed escalation memos to alert clients or internal stakeholders of potential suspicious activity
• Collaboration & Issue Resolution: Partner with Client, Operations, and Services Teams to track, research, and resolve inquiries, complaints, and escalations related to potential financial crimes
• Data Logging & Reporting: Maintain accurate records of suspicious activity investigations and prepare data for management and client reporting
• Process Improvement & Compliance Projects: Collaborate on improving procedures, workflows, and platform features to enhance efficiency and effectiveness of security reviews. Support Legal and Compliance team initiatives to scale financial crime mitigation strategies
• Independent Judgment: Exercise discretion and analytical judgment when reviewing alerts, escalating issues, and recommending procedural or operational improvements

• It starts the same for every candidate: getting to know the team members through 1-2 conversations about Vestwell, your experience, and your interests
• Next steps can vary by role, but the usual next steps are a skill or experience screen (e.g. a coding interview for an Engineer, a portfolio review for a Designer, deeper experience call for other roles) which leads to a virtual or in-person interview panel after that if the screens go well
• Before making an offer, our interview process concludes with a references check stage for your recruiter to meet with a current or former supervisor and peer
• We prioritize transparency and lack of surprise throughout the process