Compliance Associate

Summary

Join Alto's growing team as a Compliance Associate and contribute to revolutionizing the way people invest. You will provide essential compliance support and operations, assisting the SVP, Legal on various matters. This role involves administering KYC activities, managing the BSA program, documenting workflows, and responding to internal client inquiries. You will also implement efficient systems for tracking metrics, preparing compliance reports, and supporting SOC 2 certification. The ideal candidate possesses relevant experience in the financial services industry, strong analytical and communication skills, and a proven ability to manage multiple projects. Alto offers a competitive compensation and benefits package, including a remote-first culture and a focus on work-life balance.

Requirements

• Have at least 2-5 years relevant work experience in the financial services industry preferably with a Fintech start-up environment
• Proven experience supporting compliance programs on behalf of a financial services organization
• Familiarity with reviewing, and investigating suspicious activities along with knowledge of AML/BSA regulations
• Previous experience with maintaining governance tools that automate information gathering for SOC 2 purposes
• Excellent verbal and written communication skills, interpersonal and internal customer skills
• Excellent organizational and project management skills and attention to detail, including the ability to handle multiple projects
• Excellent time management skills with a proven ability to meet deadlines
• Strong analytical and problem-solving skills
• Ability to function well in a high-paced and at times stressful environment

Responsibilities

• Support the company’s BSA Officer by administering the company’s KYC activities and maintain, implement, manage, and update its BSA Program at the BSA Officer’s direction
• Document internal workflows and administer compliance training content for the company
• Respond to internal client questions and requests regarding all matters related to operations, product, and customer support
• Implement and maintain a system for intaking interdepartmental requests and questions, and maintain department knowledge base and company standard operating procedures (SOPs)
• Create a system for tracking department efficiency metrics and ensure the Legal and Compliance teams are meeting SLAs, and manage and keep current the company's compliance calendar
• Prepare and submit compliance reportings and due diligence requests for the Company’s banking partners, regulators, and applicable third parties
• Implement efficiencies for the Company’s procurement workflows, specifically for the Legal, Compliance, Info Sec, and Info Tech groups, in partnership with the Company’s Accounting Department
• Prepare tax reportings for customer accounts, specifically 5498s and 1099-R - preparation includes auditing customer account information for accuracy of tax reporting and submitting information to the Company’s tax preparation vendor
• Support efforts to achieve and maintain SOC 2 certification
• Identify potential areas of improvement and efficiency in all areas of the Company

Preferred Qualifications

CAMS certification

Benefits

• A generous open PTO policy
• Comprehensive health insurance options for employees
• 401(k) with company match up to 3% yearly
• Equity as a part of your compensation
• A competitive compensation and benefits package
• 12 paid holidays
• Discounted and/or free Alto investor accounts
• Four to 12 weeks paid parental leave
• A remote-first culture - work from home or our Nashville office
• Flexibility to work from anywhere in the US
• An emphasis on work-life balance
• No-meeting Fridays