Compliance Associate

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Requirements:

• At least 2-5 years relevant work experience in the financial services industry preferably with a Fintech start-up environment.
• Proven experience supporting compliance programs on behalf of a financial services organization.
• Familiarity with reviewing, and investigating suspicious activities along with knowledge of AML/BSA regulations.
• Previous experience with maintaining governance tools that automate information gathering for SOC 2 purposes.
• Excellent verbal and written communication skills, interpersonal and internal customer skills.
• Excellent organizational and project management skills and attention to detail, including the ability to handle multiple projects.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Ability to function well in a high-paced and at times stressful environment.
• CAMS certification preferred.

Responsibilities:

• Support the company’s BSA Officer by administering the company’s KYC activities and maintain, implement, manage, and update its BSA Program at the BSA Officer’s direction.
• Document internal workflows and administer compliance training content for the company.
• Respond to internal client questions and requests regarding all matters related to operations, product, and customer support.
• Implement and maintain a system for intaking interdepartmental requests and questions, and maintain department knowledge base and company standard operating procedures (SOPs).
• Create a system for tracking department efficiency metrics and ensure the Legal and Compliance teams are meeting SLAs, and manage and keep current the company's compliance calendar.
• Prepare and submit compliance reportings and due diligence requests for the Company’s banking partners, regulators, and applicable third parties.
• Implement efficiencies for the Company’s procurement workflows, specifically for the Legal, Compliance, Info Sec, and Info Tech groups, in partnership with the Company’s Accounting Department.
• Prepare tax reportings for customer accounts, specifically 5498s and 1099-R - preparation includes auditing customer account information for accuracy of tax reporting and submitting information to the Company’s tax preparation vendor.
• Support efforts to achieve and maintain SOC 2 certification.
• Identify potential areas of improvement and efficiency in all areas of the Company.