Compliance Officer

The Team You’ll Work With

The Anti-Money Laundering (AML) team works across all of Carta to design and implement meaningful Enterprise-wise AML, Know-Your-Customer (KYC), and sanctions compliance programs. We are a roll-up-your-sleeves, proactive group, identifying problems before they happen and covering the potential blindspots of our rapidly growing organization. We partner with our colleagues to develop and enhance compliance initiatives to make sure Carta is safe, secure and meets our obligations under applicable laws, rules, and regulations.

In addition to core duties performed as a member of the AML team, this role will involve coordination with others in the Legal & Compliance (L&C) division who cover matters related to Fund administration & Investor Services. As needed, this role will also require collaboration with those on Carta’s Product, Engineer, Investor Services, Fund Admin,Implementation, Marketing, InfoSec, and Policy teams. 

The Problems You’ll Solve 

Carta’s business has grown rapidly since we entered the market in 2012. In order to support our increasingly complex business model and diverse suite of products and services, we need to build a scalable control environment. Because Carta is a trusted partner in so many vital areas of financial services, we also need to serve as a compliance advocate and resource for the communities we serve. In this role, you will: 

• Stay abreast of the latest regulatory development and be able to explain to clients and non-compliance business colleagues local and regional laws and regulations, as well as Carta’s policies and procedures and global best practice standards
• Conduct identity verification and screen companies, directors, shareholders and beneficial owners against adverse news, sanction lists, enforcement, as well as Politically Exposed Person (PEP) information using Carta’s internal and external public sources and prepare reports of the results
• Conduct review  of source of wealth (SoW) and source of funds (SoF) on Business Ownership, Inheritance, Investments/Property, Employment and able to corroborate the SoW and SoF
• Conduct  simplified due diligence and enhanced due diligence for high risk accounts such as PEPs, Sensitive Industries, etc.
• Evaluate and perform validation of completeness and accuracy of the KYC screenings according to relevant regulations, guidance and procedures
• Handle internal queries on regulatory requirements, compliance policies and procedures on AML/CFT as well as potential suspicious activities
• As a subject matter expert on AML, support business with timely advice on AML related matters, including Carta’s AML policy, standards and procedures including explaining deficiencies in KYC information and documentation provided for onboarding
• Assist with training for new joiners and related business teams
• Participate in projects to improve processes and address regulatory/audit requests

The Impact You’ll Have

• Contribute to Carta’s success by ensuring it remains secured against regulatory and financial crime risks as it grows and expands
• Transform Carta into a global leader in AML, KYC, and sanctions compliance for the private markets and beyond
• Create innovative solutions to emerging compliance challenges faced by Carta and its clients
• Represent the Carta AML Team internally as a fundamental part of project success and works with Cartans to effectively meet goals and objective, rather than acting as a gatekeeper

About You

We are looking for a self-motivated individual who is enthusiastic and has a keen interest in AML/CFT.  You are a curious, ambitious, and creative risk and compliance professional who is able to:

• Work cross-functionally, building relationships and consensus with key stakeholders across Carta;
• Embrace process changes/enhancements and effectively provide feedback for further enhancement;
• Strong written and verbal communication
• Analytical skills and a strong attention to detail
• Ability to solve problems and work independently
• Understand the AML, KYC, and sanctions risks within the context of the business and objectives of Carta
• Solve problems diplomatically and understand which problems need to be escalated
• Apply a future-oriented, global perspective to the risk and compliance landscape
• Experience in conducting in-depth AML risk reviews to include Enhanced Due Diligence (EDD), as applicable
• Experience with and sensitivity to working with sensitive personal/company information for both Carta and its clients
• Nice to have
• Experience with Alloy, or any other regulatory compliance screening platforms
• Experience in Jira and comfortable in using Slack. 
• Compliance-related certification such as ACAMS

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Last updated on Aug 16, 2024