Compliance Analyst II - Remote

Position Summary

Symetra is seeking a Compliance Analyst II to join the AML Compliance Department. This role supports the execution, maintenance, and continuous enhancement of the company's Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) compliance programs, including support for affiliated entities and subsidiaries.

The Compliance Analyst II plays a critical role in identifying, assessing, and mitigating financial crimes risks across the organization while partnering closely with business, operational, and compliance stakeholders to ensure adherence to applicable regulatory requirements. This position is ideal for an experienced AML professional with a strong insurance background, exposure to high-net-worth and foreign national customer risk, and a demonstrated ability to leverage data analytics and technology to drive risk-based compliance outcomes.

Key Responsibilities

• Support the implementation and ongoing administration of AML and OFAC policies, procedures, controls, and monitoring activities in alignment with regulatory requirements and industry best practices.
• Conduct AML and sanctions-related investigations, including alert reviews, customer due diligence assessments, sanctions screening reviews, and suspicious activity investigations.
• Prepare and document investigative findings, including recommendations for escalation, referrals, or Suspicious Activity Reports (SARs), as appropriate.
• Analyze large and complex datasets to identify trends, anomalies, and potential financial crime risks using technology tools and reporting platforms.
• Collaborate with cross-functional partners, including New Business, Operations, Technology, Legal, Risk Management, Special Investigations, Investments, and Finance, to ensure compliance requirements are effectively integrated into business processes and system designs.
• Provide guidance and subject matter expertise to first-line business teams regarding AML, OFAC, sanctions compliance, customer risk factors, red flags, and escalation protocols.
• Support risk assessments, control evaluations, quality assurance reviews, and program effectiveness initiatives related to financial crimes compliance.
• Participate in enterprise-wide and compliance-led projects involving regulatory change management, process improvements, data governance, automation initiatives, and technology enhancements.
• Monitor emerging risks and regulatory developments that may impact AML and OFAC compliance programs.
• Escalate identified compliance risks, control gaps, or potential regulatory violations in a timely manner, providing clear analysis and actionable recommendations.
• Maintain accurate and comprehensive records of investigations, analyses, and compliance activities in accordance with regulatory and company requirements.

Required Qualifications

• Bachelor's degree in Business, Finance, Accounting, Risk Management, Criminal Justice, Compliance, or a related field, or equivalent combination of education and experience.
• Minimum of five (5) years of experience in AML, OFAC, sanctions, financial crimes compliance, or related regulatory compliance functions.
• Experience supporting AML and OFAC programs within the insurance industry or another highly regulated financial services environment.
• Knowledge of life insurance products and associated financial crimes risks.
• Experience conducting AML investigations, sanctions screening reviews, customer due diligence, enhanced due diligence, risk assessments, controls testing, quality assurance reviews, and SAR filing activities.
• Strong understanding of AML and sanctions regulations, including:
• Bank Secrecy Act (BSA)
• USA PATRIOT Act
• FinCEN guidance
• OFAC regulations
• State insurance fraud and financial exploitation requirements
• Demonstrated experience analyzing large datasets and utilizing technology-enabled tools to identify and assess financial crimes risks.
• Excellent analytical, critical thinking, and problem-solving skills.
• Strong written and verbal communication skills with the ability to communicate complex compliance matters effectively to diverse audiences.
• Ability to manage multiple priorities and maintain attention to detail in a fast-paced environment.
• High degree of integrity, professionalism, discretion, and commitment to ethical decision-making.

Preferred Qualifications

• Experience working with high-net-worth clients, foreign national customers, and enhanced due diligence programs.
• Professional certification such as Certified Anti-Money Laundering Specialist (CAMS), Certified Financial Crime Specialist (CFCS), or equivalent.
• Experience supporting technology transformation, data analytics, or compliance automation initiatives.
• Familiarity with AML case management systems, sanctions screening platforms, and financial crimes monitoring tools.

Technical Skills

• Advanced proficiency in Microsoft Office Suite, including:
• Excel
• PowerPoint
• Word
• Teams
• OneDrive
• SharePoint
• Experience with AML monitoring, investigations, sanctions screening, and case management systems preferred.
• Ability to utilize data analytics and reporting tools to support risk identification and compliance monitoring activities.

Core Competencies

• Financial Crimes Risk Management
• Regulatory Compliance
• Investigation & Case Management
• Data Analysis & Risk Assessment
• Critical Thinking & Judgment
• Communication & Collaboration
• Process Improvement
• Stakeholder Management
• Ethical Decision-Making
• Attention to Detail

This role offers the opportunity to help strengthen and evolve a growing AML and OFAC compliance program while partnering across the organization to proactively manage financial crimes risk and support regulatory compliance.