AML Compliance Analyst
Description
Welcome to Moneycorp
Moneycorp powers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported $1tn+ of payment volume, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and our proprietary technology.
Moneycorp is a place where energy, commitment, and collaboration are core to our values of shared success. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.
In North America, our offices are in Stamford, Orlando, Providence, and Toronto. We are licensed to operate in each US State, and in Canada at the Federal level we are registered with FINTRAC and at the Provincial level in Quebec.
Role Purpose
This role will support the CRCO for the US Bank regarding its Compliance Program, including AML and OFAC. The compliance analyst will serve under the CRCO in every aspect of the compliance operations of the commercial bank that will growing in scope for all commercial products. The role will also serve as the backup for the CRCO as necessary. The role will have interactions with Federal and State bank examiners, and the analysts will assist the CRCO with examination management.
Key responsibilities include supporting building out our compliance operations as well as overseeing the execution of the compliance program for the related products, aligning to regulatory, compliance, legal requirements. This is an exciting opportunity to shape the future roadmap of the compliance program to learn under the experienced CRCO.
Key Responsibilities
Compliance Analyst:
- Perform Compliance Risk Assessments and share with US Bank management
- Develop Compliance KRIs for monthly reporting to the board
- Manage the Compliance Testing team.
- Prepare recurring reports on compliance exceptions derived from Compliance testing.
- Support internal audits and examination reviews.
Stakeholder Management:
- Lead the AML and OFAC risk assessment process in relation to our risks
- Engage with Risk, Operations, and Audit to advise on compliance
- Provide timely updates and reporting against metrics, outcomes and milestones
Program Development:
- Manage the full lifecycle of the AML and OFAC risk assessment from end to end
- Apply an agile mindset and approach to ensure timely delivery of high-quality features and improvements.
- Ensure products meet the compliance requirements prior to launch, including focus on non-technical as well as technical readiness and considering go to market approach
Skills, Qualifications and Experience relevant to the role
Knowledge and Experience:
- A minimum of 5+ years' experience working within commercial banking
- Deep knowledge of commercial banking compliance requirements, including payment products and rails
- Full understanding of payment rails (SWIFT & Fedwire) and risks
- High Acumen of CDD and EDD requirements for commercial banking products
- Thorough knowledge of compliance testing and reporting
- Ability to develop the processes and procedures for the specific compliance requirement in relations to product or service
- Proven experience delivering outcomes in fast moving environments
- Detailed background in commercial banking, working with financial institution and/or corporate clients
Skills:
- Bank compliance journey mapping
- Discovery and requirements assessment
- Communications skills
- Excellent time management and prioritisation skills
- Data analysis and decision making
What's in it for you?
- This position is full-time permanent, operating on a hybrid working model from our office in Stamford, Connecticut. This requires 3 days per week office presence and the flexibility to work the remaining 2 days remotely.
- This role offers a salary of up to $120,000 per annum + discretionary bonus and a comprehensive benefits package.
Interested?
If the role sounds like you, we invite you to upload a copy of your CV by clicking on the Apply button.
Fostering a culture of belonging and inclusivity
We're committed to creating a workplace where every individual feels valued, respected, and included. As an Equal Opportunity Employer, we actively cultivate an inclusive culture where diversity thrives, and we empower our colleagues to drive meaningful change within our organisation through initiatives like our DE&I focus groups and value champion network.
Like many of our peers, we recognise that fostering inclusivity is an ongoing journey, and we remain steadfast in our commitment to progress. By measuring our efforts through regular assessments and listening to the feedback of our employees, we strive to ensure that our initiatives are impactful and responsive to the evolving needs of our workforce.
Together, we want to build a workplace where everyone can bring their authentic selves to work, as we believe this is the foundation of innovation, creativity, and collective success.