Deputy BSA/AML Officer Lead

Wise • New York, NY

86d • $202,000 - $290,000 • Onsite

About The Position

This role is responsible for supervising appropriate measures to ensure that Financial Crime risks are taken into account in day-to-day operations. The Deputy BSA/AML Officer Lead will provide advice and guidance to other teams and key stakeholders, regionally and globally, on BSA, AML/CTF, and OFAC sanctions regulations, as well as related Wise policies and procedures. This position will support the development and maintenance of the compliance FinCrime oversight framework and North America AML and Sanctions policies, and prepare quarterly compliance reports to the leadership team of the Wise National Trust. The role involves challenging first line teams on control development, providing approvals on control changes, new products, or features, and representing fincrime compliance oversight internally and externally to regulators, auditors, and partners. The Deputy BSA/AML Officer Lead will deputize for the BSA/AML Officer as required, ensuring strong oversight of all compliance operations including AML, Fraud, Sanctions, KYC/CDD, and EDD. They will serve as a member of the US SAR committee, providing feedback to the FinCEN Reporting Team, and contribute to the company’s Financial Crime Risk Assessment. Additionally, the role involves horizon scanning of new FinCrime regulatory developments, maintaining oversight of their implementation, and proactively identifying key areas of risk to work with first line teams on mitigation plans.

Requirements

• 10+ years in financial crime compliance
• Direct experience with federal regulators
• Expertise in US financial crime regulations including the Bank Secrecy Act, OFAC.
• Demonstrable experience designing and challenging processes, ideally across multiple products.
• Solution oriented with a drive to improve current practices and processes.
• Ability to apply different compliance strategies to develop compliance frameworks.
• Comfortable and effective communicator in both writing and speaking, able to convey complex ideas effectively to both internal and external audiences.
• Sense of urgency and ability to work well under pressure, prioritizing, taking responsibility and working to tight deadlines with the capability to handle multiple projects at one time.
• Meticulous attention to detail.
• Great people skills and ability to effectively and efficiently collaborate and build relationships with colleagues throughout the business and across the globe.
• Must already be legally authorized to work in the US.
• This is a full-time position located in New York City with three days a week required in-office.

Nice To Haves

• J.D.
• Certification as a Global Sanctions Specialist (CGSS), Certified Anti-Money Laundering Specialist (CAMS) or similar.
• Experience with conducting risk assessments.
• Experience conducting QA/QC on SARs.
• Experience filing SARs or OFAC reports electronically.
• Experience with training/mentoring junior team members.
• Prior experience at a fintech.

Responsibilities

• Supervise appropriate measures to ensure Financial crime risks are taken into account in day-to-day operations.
• Provide advice and guidance to other teams and key stakeholders – regionally and globally, on BSA, AML/CTF and OFAC sanctions regulations as well as related Wise policies and procedures.
• Support in the development and maintenance of the compliance FinCrime oversight framework and our North America AML and Sanctions policies.
• Prepare quarterly compliance reports to the leadership team of the Wise National Trust.
• Challenge first line teams on the development of controls and provide approvals on any control changes, new products or features.
• Represent fincrime compliance oversight both internally and externally to regulators, auditors and partners as required showcasing Wise’s strong oversight compliance framework.
• Deputise for the BSA/AML Officer as required ensuring that there is strong oversight of all compliance operations including AML, Fraud, Sanctions, KYC/CDD and EDD.
• Serve as a member of the US SAR committee, providing feedback to our FinCEN Reporting Team.
• Contribute to the company’s Financial Crime Risk Assessment.
• Horizon scanning of new FinCrime regulatory developments and maintaining oversight of implementation of such development which impact business activities.
• Proactively identifying key areas of risk and work with first line teams to in the development of mitigation plans.

Benefits

• Wise is on a mission to make their lives easier and save them money.
• As part of our team, you will be helping us create an entirely new network for the world's money.
• For everyone, everywhere.
• We're people building money without borders — without judgement or prejudice, too.
• We believe teams are strongest when they are diverse, equitable and inclusive.
• We're proud to have a truly international team, and we celebrate our differences.
• Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed