What We're Looking for
As a Financial Crimes Lead, you will help work through various topics related to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Customer Identification Program (CIP). This will involve conducting due diligence on potential Fintech clients, assisting Fintech clients with the development of their BSA/AML policies and procedures, providing guidance to our compliance operations team on AML investigations, collaborating with Sponsor Banks on AML strategy, and contributing to the development of Synctera’s compliance system for the FinTechs on our platform. This role is hands-on and you will report to a Compliance Director, working closely with other risk and compliance subject matter experts. Interaction with clients will also be a key part of the role, as compliance is core to what we’re building.
What You'll Do
- Assist in conducting due diligence for potential Fintech clients by evaluating their risk of financial crimes and money laundering.
- Support Fintech clients by ensuring that their BSA/AML/OFAC policies comply with relevant regulations for account creation and transaction activity.
- Address inquiries regarding Customer Identification Program (CIP) and Know Your Customer/Business (KYC/B) requirements for various use cases.
- Collaborate with our Sponsor Bank to develop an AML transaction monitoring strategy tailored to the risk assessment of the Fintech client.
- Support in bank reviews, audits, BSA/AML compliance testing, and related product development.
- Stay informed about relevant federal and state laws, regulations, industry trends, and guidance related to BSA/AML.
- Subject matter expert on financial crime matters.
What You'll Bring
- A minimum of 3-5 years of experience working with regulatory frameworks, writing policies and procedures, or in a compliance-related role at a bank or FinTech is required.
- Proficiency in BSA/AML/OFAC frameworks and assessments, including knowledge of KYC/KYB and CDD/EDD strategies.
- Strong and effective communication skills, with the ability to build, maintain, and influence relationships with key decision-makers.
- Ability to quickly learn and adapt to changing business needs in a fast-paced and ambiguous environment.
- Relevant professional certifications are preferred (e.g., CAMS, CFCS).
- Experience with some complex or higher-risk use cases (e.g. international, cannabis) is a bonus!
- Experience with consumer banking laws and regulations and industry best practices for consumer compliance regulations is a bonus.
- A passion for financial technology and working with startups.
Diversity & Inclusion
Synctera is committed to having a workforce that is reflective of the diversity within the United States and Canada. As an equal opportunity employer, we encourage applications from candidates from underrepresented communities, Indigenous persons, persons with disabilities, persons of diverse sexual orientation and gender identity, and all those who can provide different perspectives and contribute to the diversification of Synctera.
Benefits
- 100% employer paid medical, dental, and vision benefits for US and Canadian employees and dependents
- Employer contribution to HSA for US employees
- Annual HCSA and generous extended health care coverage for Canadian employees and dependents
- 401(k) for US employees and RRSP for Canadian employees
- Mental health resources available for all employees
- Unlimited paid time off
- Generous paid new parent leave program
- Home office setup stipend
- Stock options program for all employees
- Growth potential and opportunity to have a significant impact at an early stage of our company's journey
- Working with a team of rockstars
The salary for this full-time position (USD: $105,000-$145,000, CAD: $85,000-$100,000) is determined by role, level, and location. The range informed in this job posting reflects the minimum and maximum target for new hire salaries across all US and Canadian locations. Within the range, individual pay will be determined by work location, job-related skills, experience, relevant training, and other factors.
To all recruiters and recruitment agencies: Synctera does not accept unsolicited resumes. Please do not forward resumes to our jobs alias or to Synctera employees without an active vendor agreement in place. Synctera is not responsible for any fees related to unsolicited resumes.
