Source of Wealth Preparer , Anti Money Laundering Ops_Group Retail
Core
Conduct research and analysis to document and verify the legitimate source of wealth for high-risk customers, ensuring compliance with AML regulations.
Role type
Source of Wealth Preparer (AML Operations)
Builds
Comprehensive Source of Wealth (SOW) reports and compliance documentation
Domain
Financial Services / Anti-Money Laundering
Required skills
AML regulations knowledge, financial data analysis, report writing, stakeholder collaboration, regulatory database usage, red flag identification
Preferred skills
CAMS certification, process improvement initiatives
Technologies
Public records, open-source intelligence, regulatory databases, financial databases
Responsibilities
Conduct in-depth research using internal and external sources to identify and verify the legitimate source of wealth; Analyze complex financial information and legal documents to construct a clear narrative; Prepare comprehensive SOW reports adhering to templates and quality standards; Identify and escalate potential red flags or suspicious activity; Maintain meticulous records of research and documentation; Stay updated on evolving AML regulations and industry best practices.
Seniority
Mid-level, hands-on IC