AML Compliance Officer

Extreme Reach•Burbank, CA

About The Position

XR is seeking an experienced AML Compliance Officer to lead and evolve the Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and sanctions compliance program for XR Pay, Inc., the payments and payroll division of XR Extreme Reach. XR Pay pays commercial talent, production crew, independent contractors, and vendors on behalf of advertising agencies, brands, and production companies. Reporting to the General Counsel, the AML Compliance Officer will serve as the Board-designated officer with overall responsibility for the program. As XR Pay's payment operations grow, the officer will refine controls, improve technology, and keep the compliance framework aligned with evolving regulatory expectations and leading industry standards. The role partners with R&D, Treasury, Operations, and other teams to embed compliance into the XR Platform and payment workflows, and leads and scales the AML compliance team as the business grows.

Requirements

At least 8 years of dedicated AML/BSA and sanctions compliance experience, including at least 3 years at an MSB, money transmitter, payment processor, or payroll provider.
CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner) certification required.
Deep knowledge of the BSA and FinCEN regulations (31 CFR Chapter X), including MSB obligations, CDD and beneficial ownership, SARs, the Funds Transfer/Travel Rule, and 314(a).
Deep knowledge of OFAC sanctions programs (31 CFR Parts 500–599), including blocking and reject reporting, and state money transmission regimes.
Hands-on experience implementing and configuring screening, identity verification, transaction monitoring, and case management tools.
Comfort writing business requirements, working in agile product teams, and using SQL or similar tools to analyze alerts and fine-tune rules.
Ability to present to the Board and executives and work across Treasury, Vendor Solutions, Talent Operations, Technology, and Legal.
Bachelor’s degree in Finance, Business Administration, Criminal Justice, or Law required.

Nice To Haves

Working knowledge of Canadian AML requirements.
Familiarity with international AML standards and cross-border payment risks.
Experience with tools such as LexisNexis, World-Check, ComplyAdvantage, or Actimize.
Juris Doctor (JD) degree.

Responsibilities

Administer and oversee XR Pay’s AML/CFT and sanctions program as the Board-designated officer; serve as the main contact for regulators, banking partners, and law enforcement.
Maintain and refine the AML Program Document and supporting procedures, keeping them current with regulatory changes and evolving expectations in the jurisdictions where XR Pay operates.
Deliver quarterly reporting to the Executive Committee and an annual program review to the Audit Committee.
Partner with R&D, Treasury, and Operations to embed AML and sanctions controls into the XR Platform and payment workflows.
Design, build, and implement compliance controls and tooling; translate regulatory requirements into user stories, data requirements, and acceptance criteria; and support testing, rollout, and post-launch tuning.
Lead and scale the AML compliance team as the business grows.
Own AML/OFAC Risk Assessments, refresh them every 18–24 months, and use them to set priorities for control improvements.
Run transaction monitoring and investigations, including writing and tuning monitoring scenarios; oversee investigations of high-risk activity and file Suspicious Activity Reports (SARs) within regulatory deadlines.
Supervise automated screening systems for PEP, SDN/OFAC, adverse media, and risk ratings across client onboarding, talent payroll disbursements, and vendor payments.
Configure and manage sanctions screening for customers, payees, and vendors; approve blocking and rejecting decisions and serve as XR Pay’s OFAC point of contact.
Serve as the primary contact for external regulatory audits, banking partner compliance inquiries, and law enforcement requests.
Drive company-wide AML training initiatives and draft clear, actionable compliance SOPs for Operations, Finance, HR, and Product teams.
Oversee retention of AML records for five years and sanctions records for ten years.
Incorporate AML and sanctions risk factors into third-party risk reviews.
Perform other duties as assigned by Management.