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Anti-Money Laundering Specialist in Waterloo, IA

Anti-Money Laundering Specialist Job Description

Candidates must have a bachelor’s degree in business, finance or a related filed and at least four years of experience with fraud or money-laundering investigations. Proven investigative and analytical skills, as well as case report writing experience, are preferred. Anti-money laundering specialists must be knowledgeable in forensic accounting, statistical data mining and risk management. Some firms look for candidates with the certified anti-money laundering specialist (CAMS) and certified fraud examiner (CFE) certifications.

Typical anti-money laundering specialist duties:

Conducting investigations of potential money laundering or fraud and filing regulatory reports according to legal requirementsDeveloping and implementing key anti-money laundering initiativesParticipating in committees to review and improve anti-money laundering policies and proceduresReviewing transaction data to detect fraud or money laundering trends to support investigationsOrganizing documentation and evidence resulting from investigationsPreparing cases for criminal prosecution or presenting evidence to law enforcementProviding testimony in criminal and civil proceedings as necessaryStaying current with regulatory compliance requirements and changes from government and industry boards such as the Consumer Financial Protection Bureau and Office of the Comptroller of Currency

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Salary for Anti-Money Laundering Specialist in Waterloo, IA
63000 - 96750
Low
63000
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
83700
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
96750
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer 150975 185175 217575 Regulatory Reporting Manager 95175 122175 136350 Regulatory Affairs Specialist 72675 90225 101700 Senior Regulatory Reporting Accountant 73575 85500 96525 Regulatory Reporting Accountant 55575 65475 78075 Market Risk Analysis Manager 99900 121275 143325 Market Risk Analyst 75825 91575 108450 Operational Risk Analysis Manager 94275 111825 135000 Operational Risk Analyst 79425 89775 105075 Credit Risk Analysis Manager 88650 106425 125550 Credit Risk Analyst 73800 90000 105750 Product Controller Manager 77625 96750 112050 Product Controller 50850 72225 89775 Mergers and Acquisitions Analyst 65925 90000 103275 Fraud Investigator 58500 72450 85725 Internal Wholesaler 45675 55350 65700

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.