Compliance Specialist

ADP • El Paso, TX

120d

About The Position

At ADP we are driven by your success. We engage your unique talents and perspectives. We welcome your ideas on how to do things differently and better. In your efforts to achieve, learn and grow, we support you all the way. If success motivates you, you belong at ADP. We strive for every interaction to be driven by our CORE values: Insightful Expertise, Integrity is Everything, Service Excellence, Inspiring Innovation, Each Person.

Requirements

• Bachelor's Degree or its equivalent in education and experience with a Major Area of Concentration in Business, finance, customer service, compliance.
• 1 - 3 Years of money laundering or transaction monitoring experience.

Nice To Haves

• Knowledge of Pay card Processes and procedures.
• Ability to make independent decisions and make sound judgment calls when interviewing cardholders, merchants, and clients.
• Ability to influence/negotiate.
• Knowledge of AML Compliance Program Requirements.
• Knowledge of Money Transmitter License requirements, filing experience and understanding legal requirements.
• Understanding of fraud (scenarios, terminology, techniques).
• Experience with compliance related areas to include Card process and processing, money transmitter licensing and AML compliance requirements.
• Self-starter and independent.
• Strong analytical skills.
• Ability to work under pressure.
• Strong customer service skills.
• Strong verbal, and written communication skills.
• Excellent organizational skills.

Responsibilities

• Monitor, control and correct key compliance operational processes and transactions.
• Collaborate with key business units and IT personnel to resolve the process and/or transactional issues.
• Ensure corrective measures are implemented timely and accurately in order to maintain process and transactional compliance to all regulatory and reporting entities.
• Review the overall compliance activities for all Payment, Compliance and Tax Service products.
• Monitor all current and proposed regulatory and legal changes and develop appropriate course of action to ensure compliance.
• Implement policies and procedures that support regulatory and legal changes.
• Collaborate with all product areas along with Corporate Audit and Legal Departments.
• Oversee and identify all pertinent reporting requirements.
• Analyze activity and trends to mitigate risk of loss to ADP; determine appropriate financial actions and/or workflow processes.
• Work with third party vendors, regulatory agencies, internal business stakeholders and Clients to ensure minimal or no negative impact to ADP.
• Consult with internal business stakeholders, third party vendors, regulatory agencies, and industry governance organizations.
• Develop and implement required procedures and reporting and develop business requirements for system development with IT and other supporting organizations.
• Perform other related duties as assigned.

What This Job Offers

• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree