Compliance Risk Management Specialist
2 weeks ago
Mbanq is a Banking-as-a-Service provider with operations and customers in the United States. We provide technological capabilities necessary to create and operate digital financial services.
The RoleThe Compliance Analyst will execute Mbanq's compliance-as-a-service and regulatory-as-a-service functions. This includes carrying out BSA/AML risk management responsibilities in an efficient and effective manner.
Key Responsibilities- Monitor compliance with Anti-Money Laundering (AML) laws and recognize suspicious activities related to money laundering, terrorist financing and illegal activity.
- Partner with Sales and Brand Solutions Manager on timely and thorough execution of Know Your Customer (KYC), Know Your Business (KYCB) and Enhanced Due Diligence (EDD) and responsibilities.
- Provide clients/brands with compliance-as-a-service and regulatory-as-a-service deliverables, including guidance and support related to BSA/AML matters and queue exception reviews.
- Review, research and response for regulatory complaints.
- Engage in ongoing deliverables such as: annual client/brand risk assessment, transaction monitoring and EDD reviews of high-risk clients.
- Recommend and review policies and establishing procedures to ensure adherence to applicable laws and regulations.
About You:
- A Bachelor's degree in business, accounting, finance, economics, or a related business discipline.
- 1-3 years of BSA/AML-related operational experience and experience analyzing financial records to identify inconsistencies in accounts.
- A thorough understanding of financial crimes risk management principles and the Three Lines of Defense model is required.
- Must have prior experience successfully supporting business units with the execution of aforementioned responsibilities.
- Strong presentation and relationship management skills, with the ability to communicate and articulate regulatory requirements and/or resulting analysis effectively, while inspiring confidence and with an enthusiastic and approachable style.
- Ownership of issues seen through to resolution, providing sound guidance to the business, and positively influencing organizational culture.
- Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly changing environment
Benefits:
- Competitive base salary
- A role that has a decisive impact on positioning our team and company for future growth
- Collaboration with Senior experts from different fields, based in the US and globally
- A culture that encourages trust & promotes an ownership mentality and rapid career growth
- Bonus plan participation.
- Healthcare reimbursement program.
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