Director, AML Compliance

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

📋 Description

• Oversee Paylocity’s Anti-Money Laundering (AML) Program to ensure adherence to AML regulations and related reporting obligations.

• Act as Paylocity’s AML Compliance Officer.

• Lead the AML Governance Committee at Paylocity.

• Engage with Senior Management regarding compliance or regulatory trends, emerging challenges, and enhancements to the program.

• Supervise the preparation of materials for AML or risk committees.

• Monitor know-your-client initiatives and customer due diligence frameworks to ensure AML compliance.

• Utilize industry best practices and statistical tools to provide guidance on risk assessments, financial profiling, and due diligence programs.

• Evaluate risks and transparently escalate, manage, and report issues.

• Collaborate across various departments including Product and Technology, Sales, Risk Mitigation, Banking, Legal, Operations, and Government Relations.

• Provide counsel on new business initiatives, products, acquisitions, and client-related AML compliance risks.

• Keep track of money movement regulations to inform policy-making and actions.

• Offer advice on fraud prevention, detection, and control monitoring programs.

• Apply AML regulatory expertise to know-your-client initiatives.

• Deliver AML compliance training to stakeholders.

• Participate in industry consortiums related to AML, know-your-client, and credit/fraud risk.

⛳️ Requirements

• A Bachelor's degree in finance, accounting, or a related field is required.

• Minimum of 10 years of experience in leading AML compliance within the payroll, banking, or FinTech sectors.

• At least 5 years of experience in leadership or team management.

• Proven ability to synthesize information and prioritize effectively.

• Strong interpersonal, organizational, and analytical skills.

• Ability to collaborate and work across functions.

• Must work remotely or from an established location within the U.S.

• Availability required for five days per week during designated working hours.

🏝️ Benefits

• Medical insurance

• Dental insurance

• Vision insurance

• Life insurance

• Disability insurance

• 401(k) matching

• Opportunities for career development

• Annual bonus

• Restricted stock unit grant based on individual performance

• Comprehensive benefits package