AML Analyst

OppFi is a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans. Through best-in-class customer service, transparency, responsible lending, and financial inclusion, we support consumers, who are turned away by mainstream options, to build better financial health.

We are a team of caring, innovative, and inclusive individuals who thrive in being immersed in diverse talents, expertise, perspectives, and backgrounds. Our employees approach every new challenge with an unparalleled ability to see what could be rather than settle for what is. Our business principles guide us and create an open and collaborative culture where we improve 1% every day, and the best ideas always win! We welcome individuals who want to make an impact in the financial system by facilitating credit access, expanding financial inclusion, promoting financial health, and delivering exceptional customer service.

A few other fun facts about us. OppFi is one of the top consumer-rated financial platforms online, maintaining a 4.5/5.0-star rating on Trustpilot. We are a 2023 Crain’s Fast 50™ company and were named on Built In's 2024 Best Places to Work in Chicago.

About The Job

As an AML Analyst, you will play a crucial role in ensuring the integrity and compliance of the company's financial operations by implementing effective anti-money laundering (AML) practices and adhering to Bank Secrecy Act (BSA) regulations. Collaborating with various departments, you will ensure that our compliance framework aligns with industry standards and regulatory requirements. Reporting to the AFC Team Lead, you will contribute to the monitoring and investigation of suspicious activities, enhancing and contributing to the overall compliance posture of our organization.

This role is ideal for a proactive professional who excels at analyzing financial transactions, identifying potential risks, and mitigating compliance issues in the dynamic landscape of financial regulations.

What you get to do: 

• Performs analysis and complete dispositions on alerts for potentially unusual activity within our transaction monitoring system as it may relate to money laundering, terrorist financing, and other financial crimes. Ensures that alerts are conducted on a timely basis
• Review initial high risk customer alerts to determine if escalation is required 
• Grow investigative skills through understanding and collaborating with AML Investigators on complex transactional or unusual transactional activity indicative of potential criminal activity, money laundering or terrorist financing activities 
• Review daily OFAC alerts and escalate potential OFAC hits as warranted
• Conduct research using internal and external sources to help determine if escalation is warranted
• Maintain knowledge of and adhere to internal compliance policies and procedures
• Engage in additional assessments as directed by management. Attend and participate in team/department meetings and continuing education training 
• Understands and stays current on Red Flags and industry trends related to BSA/AML
• Other duties as assigned

What you will bring to the team:

Education Requirements

• Bachelor's in Criminal Justice, Political Science, Law, or similar fields

Professional Experience 

• 1-2 years in AML/BSA, fraud detection, intelligence analysis, or related compliance roles
• Basic knowledge of AML/BSA procedures
• Strong research and analytical skills with creative problem-solving abilities
• Thrives under pressure and meets deadlines without sacrificing detail

Technical Skills 

• Software proficiency: Strong skills in Excel, Powerpoint, and JIRA

Interpersonal Skills 

• Verbal & Written: Excellent at explaining complex ideas clearly
• Issue Resolution: Strong ability to tackle problems effectively
• Teamwork: strives to be an individual contributor but also collaborates in a team environment 

Why Join This Team?

• Impactful Work: Be at the forefront of securing critical systems and applications, directly contributing to the organization's resilience against emerging threats.
• Collaboration: Work alongside passionate security and development professionals who value innovation and teamwork.
• Growth Opportunities: Expand your expertise in application security, participate in cutting-edge security projects, and mentor the next generation of security professionals.
• Security Advocacy: Play a key role in fostering a security-first culture across the company
  
  
  

Reports to: BSA/ AML Team Lead

Job Level:  Analyst

Total Rewards and Benefits: 

At OppFi, we are committed to fostering a fair and equitable workplace. The compensation range for this role reflects our good faith compensation estimate for this position. Final offers are determined based on a myriad of factors including, but not limited to experience, skills, qualifications, and other relevant business considerations. Candidates are encouraged to discuss compensation expectations during the hiring process. In addition to base pay, the total compensation package includes eligibility and potential for performance-based bonuses and equity grants dependent upon the role and job level. 

OppFi offers a flexible, remote environment, 401(k) matching program, and generous paid time off. Other benefits include medical, dental, and vision coverage, and tuition reimbursement. Additional benefits include DoorDash DashPass, Figo pet insurance, Rocket Lawyer, and access to LinkedIn Learning. OppFi also offers Fringe, a lifestyle benefits platform that allows employees to decide how to spend rewards from dozens of vendors like Uber, DoorDash, and UrbanSitter.

EEO Statement:

OppFi is an equal opportunity employer and does not discriminate based on any actual or perceived legally recognized protected bases under local, state, federal law, or regulations. Our goal as a company is to build an equitable workplace that actively works to dismantle systems of oppression in our processes, procedures, and interactions. We aim to help our employees thrive where they work and beyond. Check out our Culture page here.

As part of OppFi’s commitment to providing equal opportunity to qualified individuals, OppFi will ensure that persons with disabilities are provided reasonable accommodation as defined by applicable laws and organizational policies. If reasonable accommodation is needed to participate in the job application or interview processes or job requirements, please contact our People Team at recruiting@oppfi.com.

Pursuant to the requirements of the California Consumer Privacy Act, OppFi is providing the "OppFi California Employee Privacy Policy", which details the categories of personal information collected and your rights under the policy. If you are a California resident, please review the policy here: https://www.oppfi.com/careers/.

The information in this document is for general informational purposes only. It is not intended to be an all-inclusive list or description of the organization and its requirements for positions and employees. OppFi reserves the right to modify or change the information on this document at its discretion.