66 applicants

Company

TabaPay · 15 hours ago

Compliance Officer

United States

Full-time

Remote

Mid Level

$90K/yr - $120K/yr

3+ years exp

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Responsibilities

Reports to the Chief AML Officer (CAMLO) for the enterprise

Compliance role that is fully dedicated to our licensed, U.S. subsidiary and oversees money transmission and MSB-related activity

Key position in the organization, requiring a highly ethical individual who can manage sensitive information and make critical decisions to safeguard the integrity of the company and its financial system

Maintain an understanding of changes in BSA/AML laws and regulations and adapt company practices accordingly

Educate and advise management on compliance issues, trends, and emerging threats related to money laundering and financial crimes

Assist with development and delivery of BSA/AML compliance training programs for staff

Assist in the development and implementation of policies, procedures, and controls to ensure compliance with applicable regulations

Assist with process improvements and workflow developments to ensure compliance with internal policy, multi-state, and federal requirements

Investigate suspicious transactions and activities, including working with internal teams, law enforcement, and other financial institutions

File Suspicious Activity Reports as required, ensuring that filings are timely, accurate, and comply with regulatory guidelines

Prepare and submit required regulatory reports to FinCEN and other appropriate authorities

Monitor and review customer transactions for suspicious activity, including structuring, large cash transactions, and unusual patterns

Conduct risk assessments on customers and transactions to identify typologies, emerging trends and patterns, and high-risk activities

Utilize transaction monitoring software and tools to detect suspicious transactions and initiate investigations

Assist with state money transmitter license (“MTL”) application requirements, ongoing MTL maintenance and reporting requirements, and renewals

Serve as the primary point-of-contact for state and federal regulators, for the regulated entity

Assist with business registrations and ongoing maintenance

Project manage regulatory requirements for audits and exams and participate in audits and exams of the regulated entity

Must be able to work well with various people in different departments and think proactively

Must be able to multi-task, work well under pressure, balance priorities, and meet deadlines

Exceptional attention to detail and organizational skills are critical and essential; responsiveness is imperative

Excellent communicator both internally and externally, with ability to break down complex regulatory requirements into easy-to-understand and practical guidance

Qualification

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BSA/AML complianceCAMS certificationMoney transmissionRegulatory complianceFinCEN regulationsUSA PATRIOT ActBank Secrecy ActNMLS familiarityCommunicator

Required

Bachelor’s Degree in finance, business, criminal justice, or a related field

Demonstrated experience in money transmission, banking, payments, lending, and regulatory compliance

Minimum 3 to 5 years of experience in BSA/AML compliance, preferably within the banking and/or money transmission industry

Experience working with FinCEN, the USA PATRIOT Act, the Bank Secrecy Act, and other related financial crime prevention regulations

Familiarity with the NMLS system

Ability to exhibit flexibility and work in a fast-paced environment is critical