Americas Compliance Manager – BSA Officer
Job Description:
• Contribute to building OpenFX’s global compliance infrastructure, including comprehensive compliance policies, procedures, and systems for the OpenFX Group and for OpenFX's regulated US entities that address regulatory requirements with respect to payments and virtual currency activities, AML, and privacy and data security, among others
• Serve as BSA/AML Officer for our US regulated money service business entities and own and enhance OpenFX's BSA/AML programs in the Americas to efficiently prevent, detect, and report money laundering, terrorist financing, and other financial crimes and ensure alignment with local requirements
• Stay current on regulatory developments across the Americas and assess impact on OpenFX operations and develop and implement expanded compliance policies and procedures as needed
• Support implementation of compliance program requirements for our US regulated entities and other Group entities, including conducting risk assessments, onboarding clients and conducting KYC/KYB document reviews and customer due diligence, analyzing transactional data for suspicious activity, and facilitating preparation of required reports and audits
• Leverage compliance tools, RegTech solutions, and analytics to enhance program effectiveness, efficiency, and scalability
• Partner with Product, Engineering, Legal, and Operations and provide compliance advice on market expansion, new product development, and operational changes to ensure compliance as the company scales
• Manage compliance requirements from banking partners, digital asset partners, and payment networks to ensure operational alignment and trust, and serve as the primary compliance point of contact for partner-related compliance inquiries and audits
• Support licensing initiatives in the Americas and globally
Requirements:
• Bachelor's degree
• 10+ years of compliance experience in payments, fintech, or financial services
• Strong understanding of US financial regulations including BSA/AML and money transmitter laws and regulations
• Hands-on experience building and executing compliance programs, policies, and controls at a financial services company, including administration of AML/KYC processes, transaction monitoring, and SAR filings
• Attention to detail and excellent communication skills
• Proven track record working effectively with cross-functional partners and external stakeholders, including US financial regulators
• Commitment to teamwork and ability to work in a fast-paced startup environment
Benefits:
• Competitive salary and benefits package
• Impact: Help design and build a key foundation of the company’s growth and long-term success
• Growth and Learning: Opportunity to work in a fast-paced startup and build the compliance function of a company at the forefront of fintech innovation.
• Culture: Collaborative team environment with emphasis on personal and professional growth
• Mission: Help build the future of global financial infrastructure
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• Contribute to building OpenFX’s global compliance infrastructure, including comprehensive compliance policies, procedures, and systems for the OpenFX Group and for OpenFX's regulated US entities that address regulatory requirements with respect to payments and virtual currency activities, AML, and privacy and data security, among others
• Serve as BSA/AML Officer for our US regulated money service business entities and own and enhance OpenFX's BSA/AML programs in the Americas to efficiently prevent, detect, and report money laundering, terrorist financing, and other financial crimes and ensure alignment with local requirements
• Stay current on regulatory developments across the Americas and assess impact on OpenFX operations and develop and implement expanded compliance policies and procedures as needed
• Support implementation of compliance program requirements for our US regulated entities and other Group entities, including conducting risk assessments, onboarding clients and conducting KYC/KYB document reviews and customer due diligence, analyzing transactional data for suspicious activity, and facilitating preparation of required reports and audits
• Leverage compliance tools, RegTech solutions, and analytics to enhance program effectiveness, efficiency, and scalability
• Partner with Product, Engineering, Legal, and Operations and provide compliance advice on market expansion, new product development, and operational changes to ensure compliance as the company scales
• Manage compliance requirements from banking partners, digital asset partners, and payment networks to ensure operational alignment and trust, and serve as the primary compliance point of contact for partner-related compliance inquiries and audits
• Support licensing initiatives in the Americas and globally
Requirements:
• Bachelor's degree
• 10+ years of compliance experience in payments, fintech, or financial services
• Strong understanding of US financial regulations including BSA/AML and money transmitter laws and regulations
• Hands-on experience building and executing compliance programs, policies, and controls at a financial services company, including administration of AML/KYC processes, transaction monitoring, and SAR filings
• Attention to detail and excellent communication skills
• Proven track record working effectively with cross-functional partners and external stakeholders, including US financial regulators
• Commitment to teamwork and ability to work in a fast-paced startup environment
Benefits:
• Competitive salary and benefits package
• Impact: Help design and build a key foundation of the company’s growth and long-term success
• Growth and Learning: Opportunity to work in a fast-paced startup and build the compliance function of a company at the forefront of fintech innovation.
• Culture: Collaborative team environment with emphasis on personal and professional growth
• Mission: Help build the future of global financial infrastructure
Apply tot his job
Apply To this Job