Compliance Specialist

---

Job description

What Is MyBambu?

MyBambu is a neobank delivering the first all in one mobile digital banking solution targeting the Hispanic unbanked and underbanked population. The mission of MyBambu is to promote financial inclusion to the unbanked and underbanked by providing an array of financial solutions delivered via mobile devices. We give an overlooked audience a convenient, safe, and cost-effective way of managing their finances. MyBambu's objective is to promote financial literacy and access to unbanked/underbanked individuals, who have previously been left behind.

Financial Crimes Specialist - AML - (Bilingual)

In this position, you will have the key role in adhering/upholding to policies and process documentation that is critical to the effectiveness of our client's world-class program on financial crime compliance. You will be instrumental in developing and then managing programs that ensure compliance with complex financial industry legal requirements in areas such as anti-money laundering, counter terrorist financing, financial intelligence and suspicious activity reporting, sanctions screening, and anti-bribery and corruption. The role is well suited to candidates with legal or financial backgrounds and requires prior knowledge of global financial crime compliance.

Responsibilities

• Review daily transactions to ensure that all activity complies w/ current BSA/AML regulatory standards.
• Review daily reports and reconciliations of all daily transaction and new customer accounts within compliance databases.
• Conduct investigations on individuals and activity that are deemed possibly suspicious.
• File Suspicious Activity Reports for confirmed Suspicious Activity.
• Review and validation of High-Risk KYC files.
• Screening live payments for potential OFAC violations.
• Reviewing and validating Transaction Filtering and Monitoring Programs
• Assist with analysis of data for partner bank's BSA/AML and OFAC Risk Assessments

Job Requirements

Education and Experience

• Bilingual -English and Spanish
• Two or more years of banking experience
• Two or more years of professional experience in financial investigations. Knowledge of policy and/or operational aspects of financial crime compliance programs (e.g., AML/CTF, CDD, SARs, sanctions/OFAC, ABC and/or financial crime investigations
• CAMS or CFCS certification preferable, but not required.

Competencies

• Exceptional writing skills, particularly skill in creating high-quality documents that prescribe or govern the activities of and relationships among people - such as policies and procedures, commercial contracts, corporate transactional documents, or legislation/regulations.
• Strong communication and interpersonal skills to support effective collaboration, including a capacity for building consensus in the face of divergent interests or viewpoints.
• Attention to detail, strong work ethic, good humor, and enthusiasm for tackling complex challenges. Ability to drive multiple projects simultaneously, with effective resolution of competing priorities.'

'Work Location:

• One location Work Remotely

• No

Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday
• Weekend availability

Ability to commute/relocate:

• West Palm Beach, FL 33401: Reliably commute or planning to relocate before starting work (Preferred)

Experience:

• Salesforce: 1 year (Preferred)
• Microsoft Excel: 1 year (Preferred)
• Banking: 2 years (Preferred)

Language:

• English/Spanish (Preferred)

Work Location: One location