Sr. Compliance Analyst

View full description

Requirements:

• 3 - 5 years of experience in a compliance role, preferably within fintech, bank sponsorship, or financial services.
• In-depth knowledge of AML/CFT, OFAC, and other Regulations of ECOA/Fair Lending, FCRA/FACTA, SCRA, FDCPA and risk assessments.
• Experience in compliance monitoring, testing, and regulatory reporting.
• Familiarity with SOC compliance, vendor management, and third-party risk oversight.
• Strong analytical skills with the ability to assess risk and implement practical solutions.
• Excellent communication and collaboration skills to work with internal teams, bank sponsor partnerships, and auditors.
• Must be a self-starter with the ability to work independently in a fast-paced environment.
• Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or CRCM (Certified Regulatory Compliance Manager) are a plus.

Responsibilities:

• Design, implement, and maintain AML/CFT policies, procedures, and controls to ensure compliance with federal and state regulations.
• Conduct AML/CFT and OFAC risk assessments, identifying potential risks and recommending mitigation strategies.
• Lead the monitoring and testing of AML/CFT controls across the business, identifying areas for improvement.
• Develop and manage AML/CFT training programs for internal teams.
• Establish and enhance ongoing monitoring and testing processes to evaluate the effectiveness of the AML/CFT compliance program.
• Conduct enhanced due diligence (EDD) reviews and investigations of high-risk merchants and borrowers..
• Monitor suspicious activity transactions and file suspicious activity referrals with the bank partner, as appropriate
• Prepare compliance reports for senior leadership and regulatory bodies as required.
• Assist in managing SOC compliance efforts, ensuring adherence to industry standards.
• Support vendor due diligence and ongoing monitoring for third-party service providers.
• Stay current with regulatory developments, including guidance from FinCEN, OFAC, FDIC, OCC, and other relevant agencies.
• Collaborate with internal stakeholders to ensure the business meets regulatory and bank partner expectations.
• Assist the VP of Compliance with regulatory examinations, audits, and reporting obligations.