Compliance Analyst

About Us:

Mbanq is a Banking-as-a-Service provider with operations and customers in the United States. Mbanq was established to provide the technological capabilities necessary to create and operate digital financial services. Mbanq’s solutions are suitable for both retail and corporate clients. Consumer use cases supported range from the basic debit programs (DDA account with a Debit Card) to pay-day advances, personal lines, loans, and secured credit cards. Corporate use cases are currently focused on DDA accounts with Debit cards plus real-time access to all payment rails (standard ACH, Same Day ACH, FedWire, RTP, SWIFT), card issuing and acquiring capabilities, compliance services, and white-labeled web & mobile apps.

About the Role:

The role of the Compliance Analyst is to execute Mbanq’s compliance-as-a-service and regulatory-as-a-service functions, most importantly to carry out BSA/AML risk management responsibilities in an efficient and effective manner. In addition, the Compliance Analyst is responsible for KYB and KYC due diligence of new clients, continuous monitoring, operationally supporting clients’ BSA/AML function, and supporting client/brand policy and procedure needs. The Compliance Analyst will report to the BSA Officer.

What you’ll do day-to-day:

• Monitor compliance with Anti-Money Laundering (AML) laws and recognize suspicious activities related to money laundering, terrorist financing and illegal activity.
• Conduct end user CIP/CDD/EDD reviews.
• Conduct transaction monitoring of customer transactions and management of alert reporting.
• Submit RFI’s and track timeliness of investigation and resolutions.
• Conduct and track BSA/AML related investigations, including UARs.

Requirements

About You:

• A Bachelor’s degree in business, accounting, finance, economics, or a related business discipline or equivalent experience.
• 1-3 years of BSA/AML or Fraud-related operational experience and experience analyzing financial records to identify inconsistencies in accounts.
• 1-2 years of experience creating reports such as SARs or UARs to summarize complex findings
• Strong presentation and relationship management skills, with the ability to communicate and articulate regulatory requirements and/or resulting analysis effectively, while inspiring confidence and with an enthusiastic and approachable style.
• Ownership of issues seen through to resolution, providing sound guidance to the business, and positively influencing organizational culture. Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly changing environment.
• Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly changing environment.

Benefits

• Competitive base salary
• A role that has a decisive impact on positioning our team and company for future growth
• Collaboration with Senior experts from different fields, based in the US and globally
• A culture that encourages trust & promotes an ownership mentality and rapid career growth
• Healthcare reimbursement program