AML Compliance Analyst

About us  

We are Vitesse – the treasury and payment partner of choice for insurance.  

Formed in 2014 by a team of proven FinTech entrepreneurs, we are an FCA-regulated business providing global claim funds management and payment solutions. Operating one of the largest banking and payment settlement networks in the world, we give our customers direct access to 200 countries and currencies. Through a single integration, insurers can use this network to pay claims in as fast as 45 seconds and deliver a superior claimant experience. Our market-leading treasury proposition provides insurers with transparency and control over their claim funds, even when delegated to third-parties, allowing them to have their money in the right place, at the right time, to make that all-important payment when customers need it most. 

With over 175 employees across our London headquarters, Europe, and the US, $93m Series C funding secured, and exceeding £10bn in processed transactions, we are only just getting started. 

We are collaborative, customer centric and work with integrity, whilst partnering with some of the biggest insurance leaders including Lloyd’s of London and Many Pets. We take huge pride in our company culture, ensuring that everyone has a part to play, an opportunity to be heard, be involved, and the ability to make a real difference.  As we continue to scale up, we want like-minded humans to join us on this exciting journey. Are you ready?   

The Role: 

You will be working on the US Compliance team and will be responsible for helping execute Vitesse Trust’s compliance program, including transaction monitoring, sanctions screening, customer due diligence, and regulatory reporting. You will be a core team member to help grow and establish Vitesse’s US compliance operations.

Team: 

 US Compliance Team

Core responsibilities: 

·        Perform investigations into potential money laundering, terrorist financing, and sanctions breaches

·        Draft suspicious activity reports for review and submission by the US Compliance Officer

·        Conduct due diligence on Vitesse Trust customers at onboarding and during periodic reviews to ensure all US regulatory requirements are met and to identify potential red flags and customer risk

·        Review and disposition PEP and adverse media alerts for customers during onboarding and ongoing customer reviews

·        Prepare reporting on core compliance activities and key risk indicators

·        Respond to bank partner RFIs for customers and transactions

·        Assist with audits, testing, and regulatory examinations, including remediation of identified issues

·        Other duties as assigned

Requirements

Skills we are looking for: 

·        2-5 years of AML compliance experience, specifically in transaction monitoring and sanctions screening investigations and SAR filing

·        Experience in FinTech, Payments, Banking and/or Insurance Industry in compliance-focused role

·        Familiarity with AML transaction monitoring and screening systems

·        Strong understanding of BSA, USA PATRIOT Act, and OFAC regulations

·        Strong analytical, investigative, and communication skills

·        ACAMS certification a plus

Benefits

What We Offer:  

·        2 days of volunteering leave

·        Recruitment referral fees of $1,000

·        Medical Insurance

·        Basic life & AD&D insurance

·        Access to our mental health therapy partner Oliva wellbeing platform.

·        Sabbatical – after 5 years

·        Addition day’s annual leave

·        Sick Leave – 5 days

·        Annual leave – 20 days

·        Maternity leave

·        Paternity leave

·        Voluntary Critical Illness and accident Insurance (employee paid)

·        Employee Assistance Program

·        Ongoing learning & development

·        Commuter Benefits

Offering $80,000=$90,000

 We offer a hybrid work approach with 3 days in the office. 

We are an Equal Opportunity Employer  

We are committed to creating an inclusive environment that enables everyone to perform at their  best, where we recognise the rights of all individuals to mutual respect and where there is an   unbiased acceptance of others. Our policies and practices aim to promote an environment that is free from all forms of Unfair discrimination and values the diversity of all people. At the heart of our policy, we seek to treat people fairly and with dignity and respect.