Senior BSA/AML Advisor

Summary

Join Mercury's AML Advisory team as a subject matter expert, advising investigations teams and stakeholders. Enhance BSA/AML standards, review policies, and maintain expertise in AML laws and regulations. Conduct assessments to identify compliance gaps, leverage data to address challenges, and provide guidance on compliance risks. Review training materials, communicate key performance metrics, and collaborate on compliance controls for new products. Evaluate compliance impacts of audits and regulatory exams, monitor the external compliance environment, and provide advisory support. Maintain accuracy and quality control in information gathering. This role requires strong communication skills and collaboration with various teams.

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

Benefits

• Base salary
• Equity