BSA/AML Analyst II, Financial Crimes Compliance

Summary

Join Toast as a dedicated BSA/AML Analyst II to ensure compliance with laws and regulations domestically and internationally. The role involves analyzing and reporting unusual activity, performing day-to-day operational functions, and providing strategic support for program initiatives.

Requirements

• Typically requires a Bachelor’s degree and a minimum of 2 years of related experience in a BSA/AML role, preferably in a fast-paced FinTech environment; or an advanced degree without experience; or equivalent work experience
• Track record of career growth and commitment to taking on new responsibilities
• Demonstrated track record of self-sufficiency and ability to lead projects independently with little oversight
• Strong working knowledge of Financial Crime typologies and relevant regulations
• Strong communication (both written and verbal) and organizational skills
• Detail-oriented with the ability to meet firm deadlines

Responsibilities

• Monitor, investigate, and report suspicious activity to FinCEN per regulatory requirements and escalate unusual activity to Sponsor Banks when necessary
• Perform Enhanced Due Diligence on applicants engaging in nonstandard behavior
• Provide sign-off for new partner diligence requests after vetting procedures
• Review alerts and customer profiles flagged via automated screening software
• Assist in updating Financial Crimes Compliance procedures related to investigations, Suspicious Activity Monitoring and Reporting, Sanctions Screening, Internal Escalations, etc
• Participate in Quality Control initiatives surrounding investigation processes and transaction monitoring currently worked by Fraud teams
• Provide day to day support in pursuit of maturing the investigations/operations team to develop commensurate with Toast’s growth into additional markets/products
• Provide Subject Matter Expertise to internal stakeholders regarding financial crime regulation and best practices
• Facilitate external audit, testing, and examination requests

Benefits

• Health insurance
• Retirement benefits
• Paid time off
• Remote work, flexible hours
• Life and disability insurance
• Bonuses and incentives
• Professional development opportunities