Compliance Associate

Rain•New York, NY

1d•$50,000 - $999,000•Hybrid

About The Position

We are looking for a sharp, motivated Compliance Analyst to join our Compliance team with a primary focus on transaction monitoring, alert review, and case investigation. This is a do-er role - you will be working the alert queue daily, conducting investigations, making SAR recommendations, and contributing directly to the quality and effectiveness of our TM program. You are expected to think critically, document thoroughly, and move with urgency without cutting corners. This is not a policy or advisory role. You are in the work every day - reviewing alerts, building cases, and helping ensure that suspicious activity is identified, investigated, and reported accurately and on time.

Requirements

3 to 5+ years of experience in a compliance, KYC, AML Investigations or onboarding role at a FinTech, payments company, or crypto company
Demonstrated experience reviewing KYB applications for business entities including beneficial ownership analysis, entity structure review, and corporate document verification
Experience with OFAC, PEP, and adverse media screening tools - comfortable making independent screening determinations and documenting your reasoning
Demonstrated experience conducting end-to-end AML investigations and preparing SAR-quality case documentation
Working knowledge of BSA/AML program requirements and FinCEN SAR filing rules
Experience with transaction monitoring platforms
Familiarity with blockchain analytics tools and on-chain transaction analysis
Strong written communication skills
Comfort working in a fast-paced, high-volume environment where you manage multiple applications simultaneously without losing attention to detail
A do-er mentality - you are self-directed, take ownership of your queue, and do not wait to be told what to do next

Nice To Haves

CAMS certification or progress toward certification is a plus

Responsibilities

Review and disposition transaction monitoring alerts and KYC/KYB onboarding applications end to end - including customer profile review, document verification, beneficial ownership analysis, sanctions and PEP screening, adverse media assessment, and transactional activity analysis
Conduct enhanced due diligence on High Risk applicants - including source of funds and source of wealth assessment, business model review, and full beneficial ownership chain documentation
Make well-reasoned SAR recommendations - clearly articulating why activity is or is not suspicious and documenting your analysis in a manner that is complete and defensible to a regulator
Draft SAR narratives that meet FinCEN quality standards
Send RFIs to customers or partners where additional information is needed to resolve an alert or application and follow through to receipt and documentation of the response
Support periodic KYC refresh reviews on existing customers as part of the Company's ongoing due diligence program
Contribute to onboarding and investigation policy development - if you see a gap, flag it and propose a solution
Stay current on FinCEN advisories, FATF typologies, and emerging financial crime trends relevant to Rain's product set - including stablecoin, virtual asset, and agentic payment typologies

Benefits

Unlimited time off (minimum 10 days required)
Flexible working environment (work from home or office)
Stipend for home office setup
Comprehensive health, dental and vision plans for you and your dependents (for US Rainmakers)
100% company subsidized life insurance plan (for US Rainmakers)
401(k) with a 4% company match
Equity option plan
Rain Cards for product testing
Reimbursement for eligible health and wellness spending (e.g., gym memberships, fitness classes, massages, acupuncture)
Team summits (domestic and international offsites)