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AML RightSource

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AML RightSource reviews

2.7

41% would recommend to a friend

(1,178 total reviews)

Steve Meirink

53% approve of CEO

41% positive business outlook

AML RightSource has an employee rating of 2.7 out of 5 stars, based on 1,178 company reviews on Glassdoor which indicates that most employees have an average working experience there. The AML RightSource employee rating is 27% below average for employers within the Management & Consulting industry (3.7 stars).

Reviews by job title

1K reviews
2.0
Dec 11, 2019
Recommend
CEO approval
Business Outlook

Pros

You gain solid knowledge/experience related to AML compliance basics. You will see a lot of sensitive banking information/transactions. There are opportunities to work for a variety of different banks (clients of AMLRS), perform different duties.

Cons

Salary is inexcusable and management knows it. They prefer to grow as fast as they can as opposed to keeping current employees appropriately compensated. The HR team & upper management is extremely non-transparent. Questions of compensation, career growth, bonus structure are continuously met with words like "our goal, our plan, our objective" These questions are asked at townhall meetings and go unanswered. Instead, responses to these questions will come 1-2 weeks later in a carefully worded newsletter sent out via email. Has the typical feel of a consulting firm, which is exactly what AMLRS is. As an Analyst in a consulting role, you are essentially required to do 50% more work than a person working at that same bank, onsite, and with the same job title, while being paid 50% less.

2.0
Aug 1, 2018
Recommend
CEO approval
Business Outlook

Pros

I quit this job two months ago to have a little summer break before I go off to graduate school, and telling the manager that I quit was the best feeling in the world, this says a lot bout the company. I personally did not enjoy working here and would rather not get paid for two whole months then to continue working here. However, if you’re looking to get into the AML industry and have no prior experience, then this is the place for you. Many other jobs involving AML require at least some experience. Please do you’re research on AML/BSA before working here, I wish I did. AML is a pretty boring industry, as you see the same thing over and over again so the work is very mundane. However, depending on you’re major, this may be a good job. I know I could have gotten a much much much better job out of college but did not care as I knew I was heading bck to graduate school after a year. The company does have a pretty in my opinion bad culture/vibe. So my advice, get experience and leave.

Cons

-Pay is way too low for this field -benefits are horrible -they view their employees as numbers and statistics instead of individuals -upper management can be better -pto/sick days are used as one -they are a contract company so if they can’t get any contracts, there is a chance you might not have work and that equals a lay off -there is no upward movement in the company

1.0
Jul 15, 2021
Recommend
CEO approval
Business Outlook

Pros

-Is it the worst job in the world? No. -Management knows their Glassdoor reviews are horrible. They mentioned it multiple times in company wide calls. Guess it is just easier to make fake reviews than fix the company. When I got hired, I thought, "there is no way it could be that bad". Now the score is a semi-respectable 3, despite nothing has improved. -You get insurance. -You get PTO. -You get a paycheck, is it lower than any other company in the industry. Yes. They take on people with little to no AML/BSA experience (and in some cases any work experience). Could they bump up the pay closer to what other companies in the industry pays once you've proven yourself capable and get promoted to an analyst II position? yes. -You get e-mails talking about how important Juneteenth and MLK are while you work on Juneteenth and MLK day. -Pretty sure it is near impossible to get fired. Had some really lazy co-workers. -You get to know what its like to be in a cult without being in a cult. They'll talk up the company as an industry leader. Every acquisition is positioning themselves better in the sector. But when you talk about your work experience in job interviews, few have ever heard of AMLRS. -There are some really nice people, some are even managers. -They bought a nice 2021 HR Top 50 award for the CPO. She got rid of the bonus plan in 2019. Seems worthy of an award. -you get a branded water bottle (at least did in 2019 and 2020).

Cons

-A constant wet floor in the Men's bathroom. The aim in Arizona is pretty poor around the urinal. Not looking forward to that when we return to office. -They knew their bonus system didn't pay much of anything. They took it away. So instead of getting $100-ish a quarter. You got nothing. Took them almost two years to come up with a convoluted bonus plan. -You're salary. Gotta meet the deadline. So you are working overtime for free. -Your lazy co-worker(s) gets the same cost of living bump as you do. Almost 1%! -Ask your friends that work at cool up and coming companies what is in their break room. Free cereal bar? Free bottled juices? Free meals in a cafeteria? maybe its just vending machines selling snacks/drinks at cost. Well Phoenix has MSRP drinks and snacks with tables and chairs! -Gotta pay for parking. Nothing like getting paid below the industry entry point and paying for downtown parking.

Viewing 7 - 9 of 1,178 Reviews

Glassdoor has 1,207 AML RightSource reviews submitted anonymously by AML RightSource employees. Read employee reviews and ratings on Glassdoor to decide if AML RightSource is right for you.