Senior BSA/AML Advisor

Senior BSA/AML Advisor

Requirements

• Have at least 5+ years of current experience in financial services, or AML/Fraud functions, or compliance risk management, or AML/Fraud project/program management at a fintech or large financial institution
• Have at least 5+ years of previous experience in Legal, Audit, or previous regulatory experience; or, at least 5+ years of previous experience in AML/Fraud compliance investigations, regulations, controls, risk, rule writing, or operations
• Have a current Certified Anti-money laundering Compliance Specialist (CAMS) and/or Certified Fraud Examiner (CFE) certification(s)
• Have organizational awareness including deep working knowledge of risks, products, processes, and controls across a variety of financial products, such as Banking as a Service (BaaS), ACH, international wires, checks, payments, credit cards, etc.
• Familiarity with financial crimes tooling, technologies, and systems
• Be a highly motivated self-starter, and comfortable operating in a highly-regulated, rapidly evolving, and sometimes ambiguous environment
• Effective written and verbal communication skills, with the ability to break down complex requirements into easy-to-understand and practical systems
• Love collaborating with talented professionals across many disciplines within Mercury, from Product, Design, Engineering, Marketing, Legal, Risk and more
• Care deeply about the founders, entrepreneurs, and individuals that we serve, while also having a strong commitment to AML/Fraud compliance

Responsibilities

• Enhance BSA/AML enterprise level standards and review new/revised business line policies and procedures to ensure alignment as it relates to Fraud/Transaction Monitoring (TMS) and KYC
• Maintain subject matter expertise of applicable anti-money laundering laws and regulations, and support business lines by providing guidance across Fraud/TMS and KYC requirements
• Direct Fraud/TMS and KYC assessments to identify and address gaps and areas of opportunities
• Asses Fraud/TMS and KYC compliance deficiencies and data collection risks
• Leverage systems, data, and processes to identify root causes for Fraud/TMS and KYC challenges, and recommend/lead related remediation efforts
• Provide effective challenge and guidance on Fraud/TMS and KYC compliance risks and support business lines through various interactions and forums; influence changes to processes, procedures, and controls to mitigate compliance risks
• Review business line training materials with Fraud/TMS and KYC compliance related content for accuracy and completeness
• Support and communicate compliance risk appetite and key performance metrics to business lines
• Collaborate with business stakeholders to develop, design, and enhance compliance controls related to new and existing business products
• Evaluate Audit, regulatory exam(s), and self-identified issues and events for Fraud/TMS and KYC compliance impacts
• Monitor external Fraud/TMS and KYC compliance environment, emerging risks, and regulatory focus areas
• Provide advisory support regarding items escalated to the AML Advisory team for review
• Be accountable for accuracy of information gathered while maintaining quality control standards

Preferred Qualifications

No preferred qualifications provided.