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Compliance Analyst

Remote:

Full Remote

Contract:

Full time

Experience:

Mid-level (2-5 years)

Work from:

Canada

Offer summary

Qualifications:

Minimum 3 years in AML, Fraud or Compliance, Experience in Payments industry preferred, Knowledge of Canadian and US regulations, CAMS certification is a plus, University or college level education.

Key responsabilities:

Provide compliance expertise for onboarding and monitoring
Draft and implement policies for compliance
Conduct internal testing for regulatory adherence
Identify compliance risks and mitigate strategies
Monitor ongoing compliance across clients and partners

Berkeley Payments

11 - 50 Employees

See more Berkeley Payments offers

Job description

This is a remote position.

Reporting to the Senior Compliance Officer, the Compliance Analyst supports the Compliance and Operations teams by providing efficient and professional compliance expertise to support the onboarding of clients, ongoing transaction and fraud monitoring, and compliance with regulatory requirements in Canada and the US. They are primarily involved in ensuring compliance with regulatory and partner bank requirements, and ongoing risk management of clients and programs.

Responsibilities and Accountabilities

Provide subject matter expertise to the business in identifying, assessing, prioritizing, managing and reporting risk and compliance
Stay current on evolving regulatory requirements, and be able to interpret and advise internal teams of recommended changes to processes or systems
Drafting and implementation of policies, procedures, and guidelines to ensure compliance with regulatory requirements
Conduct internal testing and reviews to ensure adherence to regulatory requirements and internal policies
Identify potential compliance risks and develop strategies to mitigate these risks
Work with internal teams to support optimal processes for client submissions and approval, to ensure efficient and effective processes for client onboarding
Complete partner Due Diligence requests and reporting
Complete objective, independent KYB reviews and risk assessments of new and existing clients, including approval recommendations, and preparation of compliance submissions to bank partners
Monitor ongoing compliance across clients, customers, and partners
Review and investigate alerts generated by internal and external monitoring programs
Conduct investigations into unusual transactions, supporting and collaborating with bank partners in preparing and submitting Unusual Transactions Reports (UARs)
Be involved in compliance processes automation and new vendor implementation projects.

Requirements

Desired Skills and Experience

Minimum of 3 years experience in AML, Fraud or Compliance in financial or payments sector
Experience in Payments industry and exposure to Risk and Privacy considered an asset
Knowledge of Canadian and the US regulations applicable to financial service and money services businesses
CAMS certification considered an asset
Must be reliable and able to work accurately with minimal supervision
Excellent organizational and English business communication skills
Ability to independently organize work assignments and meet critical deadlines
Highly organized, detail-oriented, and superior attention to detail
University or college level education