Senior Compliance/AML Associate

About Our Company

LemFi (YC S21, Series A) is a financial technology company reshaping how the diaspora community in North America, Europe and the United Kingdom move their money globally. We build products and services that allow our customers to send, receive, manage and do more with their money in one app. We are 1 Million Customers and more strong, come join us to help build the future of financial services for immigrants across the globe.

Job Overview

You are a candidate who would thrive in a fintech startup environment like ours, where we readily accept individuals with a humble, yet uplifting attitude alongside a diligent sense of work ethic. The teams here at LemFi are passionate about their work and expertise but also lend hands-on cross-functional responsibilities to ensure the success of the company and the satisfaction of our clientele.

The role of Senior Compliance/AML Associate, reporting to the Function Head, is a fully remote position within LemFi’s Compliance team.

In this role, you should have an advanced demonstrated knowledge of global AML/CFT compliance program requirements and best practices with, at minimum, 4-5 years in a compliance role.

This role will be responsible for the day-to-day supervision of an AML team, under the guidance of the Functional Head.

Responsibilities Are As Follows

• Ability to apply advanced risk-based AML/CFT/sanctions compliance knowledge when approving customer requests and actioning alerts;
• Serve as a compliance unit subject matter expert for Analysts and other LemFi employees;
• Maintain responsibility for the update and accuracy of tracking logs;
• Assist the Unit Manager and/or Team Lead in overseeing the work quality and capacity of Analysts;
• Conduct fraud and AML case investigations;
• Organise and provide compliance and operational training;
• Provide management with ongoing, insightful updates and data metrics on compliance operational tasks;
• Escalate concerns and urgent matters to Compliance Management;
• Perform enhanced due diligence on higher-risk customers and provide recommendations on the customer relationship to the Compliance Officer;
• Engage in cross-functional responsibilities and assist the Team Lead, Unit Manager and Compliance Management on an ad hoc basis where needed;
• Actively develop and maintain knowledge of AML and criminal trends, methods and typologies, and subsequently applying these to the assessment of customer identification, verification, and behavioural data to identify unusual activity;
• Manage KPI and work shift schedules for the team.
  
  

Requirements

• Minimum 4-5 years of total AML/Compliance experience;
• Comprehensive knowledge of global regulatory requirements;
• Attention to detail and exceptional organisational skills;
• Ability to thrive as part of a team and be an empowering, constructive and considerate colleague;
• Ability to take ownership of your work product and consistently deliver results in a high-case volume production environment;
• Fantastic communication skills, both verbal and written including the ability to produce high-spec PowerPoint presentations;
• Data and analytical skills, including proficiency with Microsoft Excel and the ability to perform data analysis;
• Ability to learn new technologies and systems;
• Adaptability to global operational needs and ability to work in a rapidly changing business and regulatory environment.
  
  

Desirable

• Team leader experience;
• Knowledge of the AML regulatory requirements and developments within the United States, Canada, and Nigeria;
• CAMS certification (or equivalent).