Compliance Analyst, AML

COMPLIANCE ANALYST, AML

 

At Current, we’re on a mission to enable our members to create better financial outcomes for themselves. Headquartered in NYC, we’re a leading U.S. fintech and one of the fastest growing companies with over 5 million members. No matter your title, we welcome everyone to build great products, grow quickly, and make an impact together.

 

ABOUT THE ROLE:

We are looking for an AML Compliance Analyst to join our growing team. In this role you will help to execute Current’s overall BSA/AML compliance program, including transaction monitoring, investigations, and reporting for debit and credit product offerings. This individual contributor role will work closely with the other members of the AML Team to investigate, draft, review, and escalate Unusual Activity Reports to Current’s partner bank. The individual will also lead the subpoena response process for Current.. 

 

RESPONSIBILITIES:

• Conduct investigations into potential money laundering, terrorist financing, sanctions, and other financial crime activities.
• Draft, review and submit Unusual Activity Reports (UARs) to Current’s partner bank(s).
• Review and disposition OFAC and PEP alerts
• Take ownership of Current’s process for tracking and completing subpoenas and other requests for information from law enforcement agencies
• Lead special assignments and perform targeted investigations on potential financial crime concerns to support the Compliance function.
• Assist with partner bank audits and ad-hoc data requests

Track compliance issues to completion and ensure corrective actions have been implemented within specified timeframes.

ABOUT YOU:

• 1-3 years of experience in a compliance, operational, or governmental role with a focus on financial crimes investigations or transaction monitoring.
• Previous experience drafting or reviewing AML alert / case investigations or Suspicious Activity Reports (SARs).
• Knowledge of / previous experience with credit card products & applicable regulations (highly preferred).
• Strong knowledge of key regulations including the USA PATRIOT Act, Bank Secrecy Act, and OFAC requirements.
• Ability to handle multiple tasks and constantly shifting priorities in an efficient and effective manner.
• Strong data analysis skills - experience with SQL is a plus.
• Excellent written and oral communication skills, including the ability to communicate and present key findings from investigations in understandable and effective ways across the organization.
• Ability to provide actionable recommendations and solutions to problems.
• Well organized, efficient, self-starter, and able to work independently in a fast-paced environment.
• Certified Anti-Money Laundering Specialist (CAMS) or other related certifications - a plus but not required

This role has a base salary range of $75,000- $95,000. Compensation is determined based on experience, skill level, and qualifications, which are assessed during the interview process. Current offers a competitive total rewards package which includes base salary, equity, and comprehensive benefits.

BENEFITS:

• Competitive salary 
• Meaningful equity in the form of stock options 
• 401(k) plan
• Discretionary performance bonus program 
• Biannual performance reviews
• Medical, Dental and Vision premiums covered at 100% for you and your dependents 
• Flexible time off and paid holidays 
• Generous parental leave policy
• Commuter benefits 
• Healthcare and Dependent care FSA benefit 
• Employee Assistance Programs focused on mental health 
• Healthcare advocacy program for all employees 
• Access to mental health apps 
• Team building activities
• Our modern Chelsea-based office with open floor plan, stocked kitchen, and catered lunches

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Last updated on Jun 26, 2024