AML Analyst

About Column

Column is revolutionizing financial technology by eliminating the complexity and costs associated with traditional banking infrastructure. Founded by industry veterans from companies like Plaid, Square, Meta, Blend, and Affirm, Column offers an innovative bank and software platform that simplifies banking by removing multiple intermediaries, resulting in a safer and more transparent banking experience.

Role Overview

The Financial Crimes team at Column is dedicated to shielding the bank and its clients from money laundering, fraud, sanctions violations, foreign corruption, and terrorist financing. The AML Analyst role involves Level 1 investigation of alerts generated by transaction monitoring systems, identifying the underlying causes, tracing the sources and uses of funds, and flagging suspicious activities. This fixed-term, remote contract role lasts initially for six months with the possibility of extension based on performance. It provides an excellent opportunity to deepen expertise in financial crimes within the fintech sector across diverse customer profiles and transaction types.

Key Responsibilities

• Conduct comprehensive investigations concerning transaction monitoring alerts and customer due diligence related to potential money laundering, fraud, or terrorist financing.
• Document and complete triage investigations and their results in line with FINCEN/FFIEC guidelines and internal bank policies.
• Draft detailed escalation and dismissal narratives following regulatory standards.
• Organize and maintain records of financial crime activities, including audits and regulatory examinations.
• Adhere to safe and sound business practices while complying with all relevant regulatory requirements on a day-to-day basis.

Qualifications

• Bachelor's degree or equivalent professional experience in financial investigations within a regulated institution.
• Minimum two years of experience with BSA/AML and OFAC laws and regulatory compliance.
• CAMS certification is advantageous but not mandatory.
• Keen attention to detail and excellent communication skills, both written and verbal.
• Strong knowledge of AML typologies and red flags.
• Experience preparing documentation and conducting investigations consistent with FFIEC standards.

Benefits

• Comprehensive medical, dental, and vision plans with options fully covered by Column.
• Flexible Spending Account (FSA) and Health Savings Account (HSA) options for healthcare and dependent care expenses.
• Generous paid time off, including 80 hours each of vacation and sick leave annually.
• 401(k) plan participation with self-directed brokerage options.

Compensation and Additional Information

This non-exempt role offers an hourly wage between $30 and $35, with eligibility for overtime pay in accordance with California labor laws. Final salary placement within this range depends on experience, skills, certifications, and location factors.

Diversity and Inclusion

Column is committed to building a diverse team with varied perspectives to foster innovation. All qualified candidates are encouraged to apply. Reasonable accommodations during hiring and recruitment processes are available upon request.

Compliance

In certain jurisdictions, Column participates in the E-Verify program as required by law.