Financial Crimes Analyst, AML

Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to everyday consumers. We were the fastest growing company in the Americas last year according to the Financial Times and Upgrade Card was the fastest growing credit card in America two years in a row. We have delivered over $33 billion in affordable and responsible credit to our 5.5M customers. The company is backed by some of the most prominent technology investors and was recently valued at $6.3B.

We have built an energizing, collaborative and inclusive culture where team members help each other, learn and innovate to move the company and its customers in the right direction, and own the outcome of their efforts.

Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, “Top Companies to work for in Arizona” and one of the "Best Engineering Department" awarded annually by Comparably. We've also received recognition for being a best company for Diversity, Women, Culture, and Veterans.

We are looking for new team members who get excited about designing and delivering new and better products to join a team of 1850 talented and dedicated professionals. Come work with us if you like to tackle big problems and make a meaningful difference in people's lives.

About the Role:

The position of Anti-Money Laundering (AML) Analyst is a part of the Financial Crimes team, which reports up through the Risk & Compliance group. The AML team is responsible for identifying, assessing, and mitigating the risks associated with money laundering, terrorist financing, and other unusual or illicit activities within Upgrade. As an AML Analyst, you will work under the leadership of the AML Manager and will complete thorough investigations of customers and transactions flagged by automated monitoring system(s), reports, and/or internal referrals for potential money laundering, terrorist financing, and other financial crimes. This is a hybrid role working 2-3 times per week in our San Francisco office.

What You’ll Do: 

• Complete thorough investigations of customers and transactions flagged by automated monitoring system(s), reports, and/or internal referrals for potential money laundering, terrorist financing, and other financial crimes 
• Prepare detailed AML investigation narratives that clearly explain the activity, risks, and disposition of a case for Upgrade’s Bank Partners 
• Organize evidence collected throughout the investigation including documentation, images, and call recordings
• Review and analyze internal AML reports, draw conclusions, and make recommendations regarding the need for further investigation
• Manage your caseload appropriately to ensure timely completion of cases while consistently meeting production and quality expectations as directed by management 
• Handle priority cases such as: Vulnerable Person Abuse cases, cases associated with complaints, and cases with potential legal threats
• Assist the AML Manager with additional tasks and/or service level agreements to support the Financial Crimes team

What We Look For:

• Bachelor’s degree or higher
• 2+ years of experience in anti-financial crimes work, specifically in AML Investigations and SAR writing 
• Working knowledge of fraud and AML typologies and current financial crime trends
• Understanding of financial products, including credit cards, lending products, and deposit accounts
• Excellent research, analytical, and communication skills
• Experience in in meeting regulatory and business deadlines with a sense of urgency while maintaining high standards for quality and professionalism
• Advanced knowledge of Microsoft Office, Google Suite, and Atlassian products
• Experience with LexisNexis research tools (AML Insight, Bridger) and/or ComplyAdvantage preferred, but not required

What We Offer You: 

• Competitive salary and stock option plan
• 100% paid coverage of medical, dental and vision insurance 
• Flexible PTO
• Opportunities for professional growth and development  
• Paid parental leave
• Health & wellness initiatives

#BI-Hybrid #LI-Hybrid 

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.