Financial Crimes Associate

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

📋 Description

• Support the administration of the Bank Secrecy Act and Fraud Program, focusing on transaction monitoring, fraud incidents, and reporting suspicious or criminal activities.

• Oversee operational tasks, detect fraud, reduce losses, escalate incidents to management, and implement mitigation strategies.

• Maintain knowledge of state and federal bank secrecy and anti-money laundering laws and regulations.

• Assess customer transactions and applications through both manual and automated processes for fraud and BSA-related activities.

• Escalate incidents and cases to ensure that SARs and Elder/Financial Abuse reports are submitted within federal deadlines.

• Ensure compliance with CIP, CDD, EDD, OFAC, and Elder/Dependent Abuse requirements.

• Assist with transaction monitoring and alert administration, as well as mitigation efforts.

• Follow security policies and data handling procedures diligently.

• Complete required security awareness training.

• Report any suspected security incidents or suspicious activities to the Security team.

• Review customer onboarding applications and transaction-monitoring alerts for both traditional and cryptocurrency products.

• Identify fraud trends, evaluate incidents in near real-time, and potentially suggest efficiencies and solutions to management.

⛳️ Requirements

• A minimum of 1 year of experience related to anti-money laundering, fraud, or compliance within a financial institution, or relevant law enforcement experience.

• Ability to make impactful decisions in a fast-paced environment.

• Strong problem-solving and analytical skills, along with sound judgment and excellent verbal and written communication skills.

• General knowledge of fraud and/or AML operations, policies, and procedures.

• Passion and interest in fraud and BSA/AML compliance and related services.

• Capability and willingness to effectively communicate fraud and BSA/AML guidance and expertise to other staff, and to prepare clear and concise written documents.

• Strong organizational and time management abilities.

• CAMS, CFE, or other compliance certifications are advantageous.

• Availability to work on weekends or unusual hours that may extend into late evenings or early mornings, as needed by the business.

• Comply with all company security policies and data handling procedures.

• Complete mandatory security awareness training within designated timeframes.

• Promptly report any suspected security incidents or suspicious activities to the Security team.

• Work schedule from Saturday to Wednesday.

• Must verify identity and eligibility to work in the United States.

• The organization does not sponsor work visas for this position.

🏝️ Benefits

• 25% annual bonus target, paid quarterly.

• Company equity provided in the form of RSUs.

• Comprehensive medical, dental, and vision coverage, with 100% employer-paid premiums for employees and their dependents on select plans.

• Company-sponsored HSA, FSA, Dependent Care FSA, 401(k), and commuter benefits.

• Employer-paid life and disability insurance.

• 11 observed holidays and a PTO plan.

• Up to 12 weeks of paid family leave.

• Continuing education reimbursement.