Compliance Manager - US-based (Remote)

Over the last 16 years, we have helped over a million satisfied customers move and manage their money. Our award-winning product portfolio allows our customers to make low-cost multi-currency payments across various payment products. From travel money to transfers, forwards contracts to expense management, we are focused on a single goal of making it easy for our customers to manage and move their money. As a business, we are committed to delivering value to our customers through the combination of advanced payments technology and personal expert service. We’re doing this by hiring exceptional people.

The Equals Group is in a period of rapid growth, having had a record-breaking six months of trading in H1-2022, with revenues up 84%. As we embark on our next phase of growth we are looking for a Compliance Specialist to develop and embed robust second line controls to assist the business in its US expansion project. With our headquarters in London (England) and partners in New York and Los Angeles, the Equals Group comprises multiple business lines and brands with a focus on cards and international payments in the US. You will join a very close-knit, talented and supportive team from various backgrounds who believe that bringing different perspectives together helps us understand our customers' needs. United, by one thing, making money management straightforward and cost-effective for our customers.

About the role

Who you are

You are a financial crime subject specialist and able to take responsibility for executing risk management processes to a high standard. You can spot opportunities for strengthening processes and controls and strive to implement and build systems and processes that support a strong risk culture. You will own and execute second line activities focussed on financial crime prevention for Equals’ US business. You follow new developments and trends in the regulatory and financial crime compliance landscape. You will work with the Group Money Laundering Reporting Officer (MLRO), Group Head of Risk and Compliance and Fraud Managers (based in the UK) to ensure a robust global application of financial crime controls. Day-to-day this is a fully remote role, though may require some travel to Louisville or New York from time-to-time.

Responsibilities

• Complete reviews of various reports, applications, and platforms utilized by Equals and its US banking partner

• Refer potentially suspicious activity for SAR consideration

• Perform review of customer information and related transactions, analyzing complex data to assist in determining if CTR filing is required and if activity appears suspicious.

• Keep informed of current legislation, regulation, and common practices in the Bank Secrecy Act, OFAC, USA Patriot Act, and Anti-Money Laundering/Financial Crimes fields.

• Conduct investigations to appropriately resolve potential matches generated by Equals’ OFAC/Watch list screening through monitoring system and performing CDD/EDD investigations when needed

• Act as a Subject Matter Expert for business lines

• Provides assistance in preparation of monthly reports to keep management informed of department activities, such as: SAR, CTR’s, and other statistics assigned

• Ensure accuracy and identify enhancements of relevant Policy and Procedures (P&Ps) and Process Workflows.

• May assist with more complex investigations that are generally non-system generated (e.g. Subpoenas, higher risk reviews).

• Achieve and sustain a high level of quality, accuracy, and efficiency in the firm’s response to BSA, AML and OFAC matters

Key skills and experience

• Strong judgement and decision-making skills

• Ability to communicate effectively with a range of stakeholders including banking partners, customers and internal stakeholders

• Ability to document findings in concise, detailed, and accurate manner consistent with policy, procedure, and enhanced due diligence when needed

• Ability to review and synthesise complex business formation and governance documents, ensuring adherence to CDD/EDD-Beneficial Ownership Rule

• 3+ years experience working in a fraud or financial crime-related role

• Experience working autonomously and in a payments services or financial services organisation

• Financial crime compliance qualifications

Our investment in you

We are a people-first business. We welcome people into the Equals group and desire to grow and develop our talented teams. Our people are part of one group; we believe in teamwork and celebrating our successes. We live our values of ‘Succeed Together’, ‘Be the Customer, ‘Make it Happen’ and ‘Go Beyond’.

We believe in empowering conversations; that’s why we’ve invested in our managers and teams to ensure we bring out the best in each other. We want to put you in the driving seat of your career and achieve your full potential through growth opportunities and developmental support. You will join an environment that encourages learning and knowledge sharing. Our managers and leaders will guide you to realise your ambitions.

Benefits

• Eligibility for health and dental coverage, a 401(k) pension plan and flexible spending accounts, subject to plan terms;

• Eligibility for company-paid benefits such as life insurance, short- and long-term disability and long term care, subject to applicable waiting periods;

• Paid Time Off (PTO). 25 days annually (Starting from 1st January - 31st December annually) plus your birthday day off. Days will be prorated based on your start date. PTO is managed through Bamboo (HRIS system) which will keep track of PTO.

Where possible we offer the opportunity to work flexibly and the opportunity to balance some remote working with time in the office collaborating, taking part in events and developing the social connections that make working with us rewarding.

Equals strives to create a workplace where we can all be ourselves. We believe in inclusion, equality and the power of diversity, so you'll be encouraged to bring your unique perspectives and experiences and help us understand what you need to do your best work.