Analyst AML Investigator – Financial Crimes Compliance

As an Analyst AML Investigator at Factor, your key responsibilities include analyzing financial transactions, identifying suspicious activities, and ensuring compliance with regulatory frameworks such as KYC. You'll be working in a supportive team environment where your analytical skills and attention to detail will be crucial for maintaining high compliance standards.

To qualify for the Analyst AML Investigator position at Factor, candidates should hold a bachelor's degree and must be legally authorized to work in the United States. Essential skills include proficiency in Microsoft Office, particularly Excel, as well as strong analytical and communication skills. Experience in compliance or financial crimes is a plus, but not required.

No prior experience is necessary to apply for the Analyst AML Investigator role at Factor. The company provides comprehensive on-the-job training to newcomers, ensuring that you gain all the required skills to excel in financial crimes compliance, making this an excellent opportunity for recent graduates or those looking to pivot their careers.

The training for the Analyst AML Investigator role at Factor includes two weeks of remote instruction followed by approximately six weeks of on-site client-specific training in Chicago. This structured training is designed to help you develop the necessary skills to analyze financial transactions and ensure compliance with regulatory requirements effectively.

The work arrangement for the Analyst AML Investigator position at Factor will start with remote training for two weeks, followed by six weeks of mandatory on-site training at Factor's Chicago office. After this initial period, you may transition to remote work, although occasional office visits could be necessary based on client needs and project demands.

When answering this question, emphasize your educational background, any relevant internships, and your familiarity with analyzing data. Mention any specific tools you have used, such as Excel, and highlight your attention to detail and problem-solving skills.

This is your chance to showcase your knowledge of KYC requirements. Explain that KYC stands for Know Your Customer and is crucial for preventing fraud and ensuring compliance in financial transactions. You could discuss how KYC involves verifying customer identities and understanding their financial behaviors.

To effectively respond, describe your method for prioritizing tasks, perhaps by evaluating deadlines and the impact of each task. Provide examples of how you have successfully managed multiple responsibilities in the past to demonstrate your organizational skills.

Focus on Factor's reputation in integrated legal services and your desire to grow within a leading firm. Express enthusiasm for their innovative approach to legal compliance and teamwork to show that you've done your homework and are genuinely interested in contributing.

If asked this question, recount a situation where your analytical skills came into play. Explain how you spotted the issue, assessed its implications, and took proactive steps to resolve it. Highlight the positive outcome as a result of your initiative.

Discuss your approach to simplifying complex concepts. Share examples where you've successfully conveyed technical information in easy-to-understand terms, utilizing visuals or analogies to enhance comprehension.

Address this question by acknowledging the complexities of compliance regulations and the necessity to stay informed on evolving laws. Then, share how you keep yourself updated on industry changes and how you handle challenges effectively.

Mention important skills such as analytical thinking, attention to detail, communication abilities, and proficiency in relevant software. Justify your choices with examples of how these skills enable successful compliance analysis and problem-solving.

Talk about your methods for staying organized, such as digital tools, to-do lists, or time management techniques. Use examples from past experiences where your organizational skills helped you succeed in tight deadlines or demanding situations.

Outline your process for handling compliance issues, emphasizing the importance of transparency and following established protocols. Mention the need to document the issue, escalate it appropriately, and work with your team to resolve it while maintaining integrity.