Compliance Specialist

CashQ • Miami, FL

4d

About The Position

As Compliance Operations Specialist, you will be mainly responsible for CashQ’s Customer/Partner Onboarding Key Responsibilities : Conduct KYC onboarding of clients and partners, reviewing client documentation/information for sufficiency, accuracy, and legitimacy. Conducting research utilizing available systems, databases, and the internet, consistent with the resolution of investigations. Identify red flags, suspicious activity, investigate patterns/typologies and work on appropriate solutions. Conduct sanctions, PEP, and adverse media checks. Perform basic and enhanced KYC due diligence for new and existing clients. Maintain a working knowledge of appropriate BSA and OFAC laws and regulations. Work cross-functionally with internal teams to discuss changes or updates to KYC/AML requirements, policies, and procedures. Appropriately escalate issues to the compliance and management teams. Policies and procedures to ensure compliance with regulations.

Requirements

• Bachelor’s Degree in law, finance, or a relevant field.
• 2-3 years of experience in conducting KYC reviews, preferably in the digital banking or fintech field.
• Ability to analyze client information and documentation to facilitate the account opening process.
• Knowledge of rules, regulations, and regulatory requirements (BSA / US Patriot Act / OFAC/ CIP/CDD / KYC/ EDD) is strongly encouraged.
• Strong analytical skills and attention to detail.
• Proactive approach with the ability to anticipate challenges and propose innovative solutions and ideas.
• Ability to make independent decisions as well as collaborate effectively with a team.
• Willingness to work across different time zones with global and regional teams.

Nice To Haves

• CAMS certification is strongly encouraged, but not required.
• Knowledge of the fintech market is strongly recommended.

Responsibilities

• Conduct KYC onboarding of clients and partners, reviewing client documentation/information for sufficiency, accuracy, and legitimacy.
• Conducting research utilizing available systems, databases, and the internet, consistent with the resolution of investigations.
• Identify red flags, suspicious activity, investigate patterns/typologies and work on appropriate solutions.
• Conduct sanctions, PEP, and adverse media checks.
• Perform basic and enhanced KYC due diligence for new and existing clients.
• Maintain a working knowledge of appropriate BSA and OFAC laws and regulations.
• Work cross-functionally with internal teams to discuss changes or updates to KYC/AML requirements, policies, and procedures.
• Appropriately escalate issues to the compliance and management teams.
• Policies and procedures to ensure compliance with regulations.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level