Sr. Compliance Analyst - Remote

Overview

Credit Key is the leading provider of flexible payments for B2B transactions. We empower businesses to offer their customers greater access to capital with flexible payment terms, revolutionizing the way companies finance their operations.

We are seeking an experienced Sr. Compliance Analyst with a strong focus on Anti-Money Laundering (AML) / Countering the Financing of Terrorism (CFT) compliance to support our business and bank sponsorship partner. This role is critical in developing, implementing, and maintaining AML/CFT processes, conducting risk assessments, and ensuring regulatory compliance across our business and bank sponsorship partner.

Reporting to the VP of Compliance, the Sr. Compliance Analyst will play a key role in monitoring, testing, and enhancing AML/CFT compliance frameworks while also contributing to broader compliance initiatives such as Office of Foreign Assets Control (OFAC) risk assessments, SOC compliance, and vendor management. The ideal candidate will bring a deep understanding of compliance regulations in the bank industry, as well as a proactive approach to managing risks.

In Short

• Design, implement, and maintain AML/CFT policies, procedures, and controls to ensure compliance with federal and state regulations.
• Conduct AML/CFT and OFAC risk assessments, identifying potential risks and recommending mitigation strategies.
• Lead the monitoring and testing of AML/CFT controls across the business, identifying areas for improvement.
• Develop and manage AML/CFT training programs for internal teams.
• Establish and enhance ongoing monitoring and testing processes to evaluate the effectiveness of the AML/CFT compliance program.
• Conduct enhanced due diligence (EDD) reviews and investigations of high-risk merchants and borrowers.
• Monitor suspicious activity transactions and file suspicious activity referrals with the bank partner, as appropriate.
• Prepare compliance reports for senior leadership and regulatory bodies as required.
• Assist in managing SOC compliance efforts, ensuring adherence to industry standards.
• Support vendor due diligence and ongoing monitoring for third-party service providers.
• Stay current with regulatory developments, including guidance from FinCEN, OFAC, FDIC, OCC, and other relevant agencies.
• Collaborate with internal stakeholders to ensure the business meets regulatory and bank partner expectations.
• Assist the VP of Compliance with regulatory examinations, audits, and reporting obligations.

Requirements

• Experience in compliance regulations in the banking industry.
• Strong understanding of AML/CFT processes.
• Proactive approach to risk management.
• Ability to conduct risk assessments and develop compliance frameworks.
• Excellent communication skills for reporting and training.
• Experience with SOC compliance and vendor management.

Benefits

• Competitive salary and benefits package.
• Opportunity to work with a leading provider in the industry.
• Professional development and training opportunities.