Compliance Specialist, BSA/AML – MTL

This is a fully remote position, open to applicants in United States.

📋 Description

• Manage and oversee the processing and tracking of MTL applications and active licenses via NMLS, which includes state filings, deficiency responses, MSB Call Reports, renewals, and notifications of material changes.

• Act as the primary point of contact for state money transmitter regulators on a daily basis, ensuring timely and professional regulatory communication.

• Assist in the activities of the AML/BSA compliance program, which encompasses risk assessments, oversight of transaction monitoring, sanctions screening processes, and the escalation of any potentially suspicious activities.

• Create, maintain, and update compliance policies, procedures, and internal documentation in accordance with state money transmission regulations, BSA, USA PATRIOT Act, FinCEN, and OFAC standards.

• Aid in the preparation for regulatory audits and reviews conducted by banking partners.

• Perform regular compliance assessments and control testing to identify shortcomings and suggest actionable improvements.

• Keep abreast of relevant regulatory changes and assist in updating internal practices as necessary.

• Collaborate with Legal, Finance, Product, and Operations teams to ensure the integration of compliance requirements.

⛳️ Requirements

• At least 5 years of compliance experience in a money transmitter, bank, or highly regulated financial services sector, with direct involvement in AML/BSA programs.

• Proven hands-on expertise with the Bank Secrecy Act, USA PATRIOT Act, FinCEN regulations, and OFAC sanctions programs.

• Must possess a Certified Anti-Money Laundering Specialist (CAMS) credential.

• Familiarity with state money transmitter licensing frameworks and practical experience using NMLS.

• Experience in managing or participating in federal and state regulatory examinations conducted by FinCEN, state banking departments, or OFAC.

• Excellent written and verbal communication skills.

🏝️ Benefits

• Options for remote work.

• Employee training initiatives focused on compliance.

• Willingness to provide personal biographical and financial details and to undergo fingerprinting and background checks as mandated by state regulators.