Compliance Analyst / Compliance Analyst Senior | Hybrid (Minneapolis)

Note : This employer is open to candidates who want to work remote.

The Ethics & Compliance Analyst will be focused on supporting the Company's Anti-Money Laundering & Economic Sanctions Programs, and will report to the AML, Sanctions, and Agent Oversight Manager. The candidate will be a member of the broader Financial Crimes Unit and will be responsible for assisting with and supporting the development, maintenance and implementation of procedures related to risk management and compliance with applicable AML and Sanctions regulations, Group requirements, and industry best practices.

This position is mainly focused on AML and Sanctions risk mitigation and remediation by conducting AML investigations, reviews, and enhanced due diligence, AML and Sanctions alert reviews, AML testing and QC, and supporting the implementation of Allianz Life's new Customer Due Diligence Solution - ADDS.

The role involves working with many parts of the Organization mainly including Legal, Ethics & Compliance, IT, Distribution, New Business, Underwriting, Inforce Operations, and Claims, among other cross-functional teams.

What you do :

Responsibilities include, but are not limited to :

• 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;
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

What you bring :

Base Salary Range $47,000 - $87,000

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program.

80427 | Legal & Compliance | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent

What we offer :

At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity : we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Interested in working from home? This employer is open to candidates who want to work remote.

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