Financial Crime Compliance Analyst (Miami, US)

Payment Rails is looking for an ambitious and knowledgeable Financial Crime Compliance Analyst (AML Analyst, Compliance Analyst) to support our global compliance team. While the role is based in our Miami, Florida office, you will interact closely with your other compliance peers as well as sales colleagues based in our other global offices.

Payment Rails is a B2B SaaS payouts platform for the on-demand economy. We are helping modern businesses and platforms pay their on-demand workers all around the world, whether it be freelancers, photographers, drivers, hosts, artists, influencers, affiliates, app developers, musicians, or one of the 500 Million (and growing fast!) people working as an independent contractor (aka freelancing). We help businesses not just pay these workers globally, but also automate all the other operational tasks like collecting and validating bank info, completion of tax forms, AML screening, handling FX conversions to 135 currencies, sending email confirmations, reconciling to your accounting/ERP system, and many other tasks which saves our customers a heap of time and money.

Today, our customers are online marketplaces, freelancer platforms, influencer platforms, accommodation marketplaces, travel companies, crowdfunding platforms, affiliate platforms, and other growing businesses with domestic or internal payment needs. And we're really just getting started!

• Onboarding of corporate customers in the US, UK, Europe, Canada, Australia, and New Zealand by performing an effective Risk Assessment of the business.
• Obtaining information and supporting documentation to complete CDD / EDD for our business customers.
• Transaction monitoring & analysis as it relates to Money Laundering and Terrorist Financing
• Complete the necessary regulatory reporting to FinCEN, FINTRAC, NCA, AUSTRAC, NZ Police, under their domestic regulations (PCMLTFA, UK MLRs, AML/CTF Amendment Act, BSA, etc).
• Analyze and assess ongoing risks (Fraud, AML, CTF, Privacy, Reputational, etc) as per regulations according to compliance policy and procedures
• Work closely with the Chief Compliance Officer & the US Director of Compliance / BSA Officer, to maintain, update, improve policies and procedures for the different international compliance programs.
• Proactively escalating urgent cases to the BSA Officer for review.
• Work cross-departmentally to proactively identify and resolve any queries and complaints.
• Keep up to date with current and future regulatory changes that affect the business and use this
  knowledge to proactively suggest improvements to compliance policies and procedures.
• Maintain organized and effective logs and reports of all activity for review and audits.
• Be a self-starter and participate in other exciting compliance projects as the business grows domestically and internationally.
• Working to a high standard without constant supervision and meeting strict timeframes.

Requirements

• 2-3 years experience in Financial Crime Compliance / AML Compliance gained ideally with an MSB, Bank or Financial Institution.
• Experience in reviewing identification documents and electronic sources, risk scoring, monitoring of transactions, watchlist screening of payments (Sanctions, PEP, Adverse Media), suspicious transaction / activity reporting.
• Knowledge of Money Laundering Regulations (BSA, UK JMLSG guidance notes, FINTRAC, AUSTRAC).
• Ability to analyze, evaluate and mitigate financial crime risks.
• Disciplined self-starter with great attention to detail.
• Ability to balance extreme pressure and deadlines with constantly changing priorities.
• Degree educated, CAMS certification preferred

Benefits

• Join an amazing team of diverse people working together on a common mission.
• Competitive salary
• Extended Healthcare benefits
• Paid vacation + public holidays
• ESOP Stock Options
• Central office location, close to public transport, hybrid working model.
• Company provided Apple MacBook Pro and Mac gear

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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