SoFi is looking to solve the problem of ensuring regulatory compliance in Anti-Money Laundering (AML) functions, including transaction monitoring and customer due diligence, through quality assurance reviews.
Requirements
- Experience with AML transaction monitoring, customer due diligence, and enhanced due diligence
- Excellent working knowledge of AML/BSA laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity
- Excellent organizational, verbal, written and interpersonal skills are required
- Must be able to multitask, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines
- Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure
- Excellent analytical skills required
- CAMS/CFE certification preferred (or willingness to become certified within one year of start date)
Responsibilities
- Perform quality assurance reviews of AML investigations involving cryptocurrency activity, ensuring regulatory compliance, identifying gaps, and driving process improvements through feedback and trend analysis
- Analyze completed cases to ensure that analysis is completed and all required and relevant documentation supporting each review is provided
- Review cases related to the disposition of adverse media alerts to ascertain whether they are correctly determined
- Collaborate with the AML Team to provide feedback as appropriate and ensure any corrective actions required are completed
- Participate in the development and implementation of procedures and objectives for the QA function
- Identify training needs based on themes identified through the case reviews
- Conduct research utilizing available systems, databases, and the internet, consistent with the resolution of investigations
Other
- Bachelor’s Degree from a four-year college or university in a related field
- 4-6 years of experience in the finance industry focusing on quality assurance for AML transaction monitoring, internal/external investigations, and KYC functions
- Demonstrated ability to communicate effectively with all levels of the organization and across different business lines
- Must be able to work in a fast-paced, demanding, and changing environment; must work well under pressure
- SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, national origin, ancestry, age, physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law
