Summary
The Compliance Operations Specialist will be responsible for conducting KYC onboarding, research, identifying red flags, performing sanctions checks, and maintaining knowledge of BSA and OFAC laws. The ideal candidate should have a Bachelor's Degree in law, finance, or a relevant field, CAMS certification is encouraged but not required, and 2-3 years of experience in conducting KYC reviews, preferably in the digital banking or fintech field.
Requirements
- Bachelor’s Degree in law, finance, or a relevant field
- 2-3 years of experience in conducting KYC reviews
- Ability to analyze client information and documentation to facilitate the account opening process
- Strong analytical skills and attention to detail
- Proactive approach with the ability to anticipate challenges and propose innovative solutions and ideas
- Ability to make independent decisions as well as collaborate effectively with a team
Responsibilities
- Conduct KYC onboarding of clients and partners
- Review client documentation/information for sufficiency, accuracy, and legitimacy
- Conduct research utilizing available systems, databases, and the internet
- Identify red flags, suspicious activity, investigate patterns/typologies and work on appropriate solutions
- Perform basic and enhanced KYC due diligence for new and existing clients
- Maintain a working knowledge of appropriate BSA and OFAC laws and regulations
- Work cross-functionally with internal teams to discuss changes or updates to KYC/AML requirements, policies, and procedures
- Appropriately escalate issues to the compliance and management teams
Preferred Qualifications
- CAMS certification is strongly encouraged, but not required. We can cover the certification cost
- Preferably in the digital banking or fintech field
- Knowledge of rules, regulations, and regulatory requirements (BSA / US Patriot Act / OFAC/ CIP/CDD / KYC/ EDD) is strongly encouraged
- Knowledge of the fintech market is strongly recommended
- Willingness to work across different time zones with global and regional teams
