Compliance Analyst - BSA/AML

Found

21h • $95,000 - $125,000

About The Position

Hi, I’m Charlie, and I’m a Compliance Lead here at Found. Thanks for your interest in Found! Our team is responsible for Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Asset Control (OFAC) compliance, regulatory compliance, including Compliance Management System (CMS). We provide day-to-day advice to business units to promote responsible innovation and stay compliant with laws, rules, and regulations. This position will be responsible for assisting with tracking, gathering, and responding to incoming Requests for Information (RFI) and subpoena requests from our sponsor bank, regulators, and law enforcement. Additionally, this position will conduct BSA/AML transaction monitoring, Suspicious Activity Reporting (SAR) decisions, and SAR writing, as well as perform know your customer (KYC), customer due diligence (CDD), and enhanced due diligence (EDD) reviews. The individual in this position will be expected to build collaborative relationships with all levels of the organization, both within the compliance department and with various stakeholders across business units and Found’s partner bank. I personally review every application, so if you have any questions, please include them in your application.

Requirements

• 2-5 years of experience with BSA/AML and OFAC transaction monitoring and reporting requirements.
• 2-5 years of experience with Compliance Management System requirements.
• Proven ability to effectively communicate both orally and in writing.
• Exceptional organizational skills.
• Experience in responding to RFI and subpoena requests.
• Proven ability to foster a collaborative working environment.

Nice To Haves

• CAMS certification
• Experience with Alloy, Socure, SentiLink, Asana, and ZenDesk
• Knowledge and familiarity with UDAAP, COPPA, Privacy, CAN-SPAM, E-Sign, Regulation CC (EFAA), RFPA, NACHA.
• Previous startup experience, consulting experience, or demonstrated technical initiative on previous projects.

Responsibilities

• Track, compile, and respond to incoming account level Requests for Information and subpoenas received by the sponsor bank, regulators, and law enforcement.
• Prepare monthly reports related to newly acquired customers, transaction monitoring, and Suspicious Activity Reports (SARs).
• Conduct ongoing BSA/AML and OFAC transaction monitoring and escalate results and issues as necessary.
• Review, assess, and document steps taken during the BSA/AML investigation process.
• Prepare and file Suspicious Activity Reports (SARs), and maintain necessary records and files to assure consistent and efficient reporting.
• Cross-train in other areas of compliance testing and monitoring.
• Perform special projects related to compliance as needed.

Benefits

• 401K, FSA, and Commuter Benefits: We offer all employees access to tax-efficient benefit options alongside competitive base compensation.
• Paid parental leave: Found supports employees through all stages of life, which is why new parents employed by Found qualify for 16 weeks of flexible parental leave.
• Health benefits: Comprehensive medical, dental, and vision benefits and are always 100% covered for employees, 90% covered for dependents.
• Work anywhere: We have Found offices in SF and NYC. For team members who work outside those cities, Found also supports fully remote working.
• Meaningful equity: Everyone on our team should feel and act like an owner, which is why Found offers industry-competitive equity to all of our employees.
• Flexible vacation policy: Vacations, appointments, mental health days- take the time you need, whenever you need to with our flexible time-off policy

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 11-50 employees