Analyst, Compliance

WorldRemit

Denver, CO, US
  • Job Type: Full-Time
  • Function: Legal
  • Post Date: 05/31/2021
  • Website: worldremit.com
  • Company Address: Kensington Centre 66 Hammersmith Road, London, United Kingdom, W14 8UD

About WorldRemit

We’re changing the way people send money abroad. We’re taking something complicated and making it simple.

Our people and our technology work together to create faster, easier and lower cost money transfers. We send to 150 countries around the world and have over 4 million happy customers – a number that’s growing every day. After all, 125,000 5★ reviews can’t be wrong!

Job Description

We’re global, we’re growing and we’re going to need talent to keep up the pace. We’re making payments simpler for over 4m customers worldwide, in over 90 currencies. We’ve been around for 10 years, disrupting the market with a digital payment platform that aims to make sending money abroad as easy as sending a text message. 

There’s almost 1,200  of us already hard at work and we love welcoming new people. We’ve got offices across the world, from London to Sydney and 15 locations in between - they’re open for business but right now lots of us are working from home. Want to be part of our global growth story - read on…

 

 

About the role

 

The Analyst, Compliance performs a variety of duties to assist the BSA Officer with compliance to the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), USA PATRIOT Act and other applicable Anti-Money Laundering (AML) regulations. These duties include complex suspicious activity investigations and reporting, OFAC/global sanctions screening, enhanced due diligence, law enforcement request fulfillment and/or other AML-related processes including pattern/trend analysis and program level enhancement recommendations. 

 

As a member of WorldRemit’s compliance team you will aim high, embrace challenge and always do what’s right; acting with integrity and building trust as you contribute to the company’s technical direction and long term decision making. 

 

Reporting to the Manager, Compliance, you will: 

  • Research, identify, and analyze large and complex data sets from multiple sources and document conclusions clearly and thoroughly, Identifying data anomalies and red flags for money laundering, terrorist financing, fraud, and/or sanctions violations and make appropriate recommendations

  • Review escalated cases, conducting enhanced due diligence and data analysis to determine course of action 

  • Create and thoroughly document suspicious activity using the FinCEN Suspicious Activity Report (SAR) form

  • Create and thoroughly document decisions related to “No SAR” when alert/case facts support releasing the activity for payment to the appropriate party 

  • Create and/or maintain thorough alert/case documentation, including but not limited to, customer/consumer bank statements, due diligence documents, purpose of transaction, source of funds or other documentation necessary to support conclusions related to case disposition 

  • Review OFAC Sanctions hits and disposition appropriately 

  • Identify areas for program effectiveness and efficiency and provide actionable feedback to leadership 

  • Compile information for audits and regulatory examinations as needed and respond to 314(a) and 314(b), or other law enforcement related requests 

  • Adhere to and comply with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, OFAC etc.), as well as adhering to company policies and procedures 

 

 

What we’re looking for from you

  • Bachelor's Degree with practical AML experience 

  • Or comparable AML/BSA experience in lieu of Bachelor’s degree 

  • Strong oral and written communications 

  • Excellent analytical, problem solving and organizational skills 

  • Proficient in Microsoft Excel, Microsoft Word and Microsoft PowerPoint 

  • Experience using Tableau, SQL or other data query/analysis tools a plus 

  • Ability to multitask, work independently and as part of a team, establishing cooperative and collaborative working relationships. 

  • CAMS and/or CFE or similar accreditation

 

 

What you'll get from us

  • Employer-paid Life insurance of 2 times your salary, should the worst happen.

  • 401K offering 4% employer match of employees' base salary.

  • Part employer-funded medical and dental care plans.

  • Part employer-funded health savings account

  • Voluntary Benefit plans available 

  • 15 days of vacation plus public holidays, rising to 18 days after 3 years. 

  • Paid sick leave

  • Eligible for paid sabbatical after 4 years of service.

  • Eligible for discretionary bonus and recognition rewards.

  • Temporarily remote

 

Salary - (USD) $28.90 - $32.40 Hourly

Related Jobs

DevOps Engineer

WorldRemit - Krakow, PL

QA Engineer

WorldRemit - Krakow, PL

Java Developer

WorldRemit - Krakow, PL

Programme Manager

WorldRemit - London, GB

SEO Lead

WorldRemit - London, GB
Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.