Compliance Analyst

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BayOne Solutions
AML, KYC, Compliance
Contract W2, Contract Corp-To-Corp, 12 Months
$40 - $48
Work from home available Travel not required

Job Description

Compliance Analyst

Remote for Pandemic duration

Onsite Locations- Austin TX

Long term Contract

Interview- Video

Day to Day Responsibilities of this Position and Description of Project:


• Provides thought leadership in order to lead design, development, and execution of a global AML KYC program

• Applies in-depth AML knowledge in order to develop new functionalities that help prevent, mitigate, or manage AML risk

• Creates and oversees implementation of global AML and Compliance business requirements

• Drafts and enhances AML policies and procedures

• Utilizes strong analytical skills to understand, document, and prioritize solutions for complex business problems regarding AML and KYC processes

• Conducts EDD escalation reviews

• Assesses and supports tuning of AML Risk Rating methodology

• Communicates, collaborates, and liaises effectively with various Compliance, AML, Risk, operations, and product teams

• Manages multiple stakeholders expectations and delivers a useful product under tight deadlines

• Reviews, investigates and responds to AML-related inquiries from business partners and vendors


• Proven understanding and experience with Bank Secrecy Act/USA Patriot Act, Anti-Money Laundering regulations, Money Services Business (MSB) regulations, Federal Financial Institutions Examination Council (FFIEC) guidance, Know Your Customer (KYC), Enhanced Due Diligence (EDD), Politically Exposed Persons (PEP), international AML/CFT standards such as those promulgated by the Financial Action Task Force, and understanding of how changes in those regulations or compliance requirements affect AML processes and us

• Ability to stay abreast of changes to federal and state AML laws and regulations

• Detailed understanding of the risk indicator trends in money laundering, terrorist financing or other related financial crime and the ability to position our processes to ensure we are able to mitigate those risks at org

• Strong knowledge of AML customer risk assessment/risk ranking and how it impacts AML operational processes

• Strong AML process knowledge and the ability to work collaboratively with business partners to develop practical solutions that result in minimal customer friction while ensuring yet stay in compliance with applicable laws and regulations

• Experience prioritizing work in a fast-paced and evolving environment and working cross functionally across multiple geographies and teams to address time-critical situations

• Detail oriented with the ability to analyze large amounts of data or large volumes of documentation to assist with policy and process decision making

• Strong writing and communication skills with prior experience drafting policies, procedures, and management reports

• Ability to work on confidential and critical matters with a high degree of integrity and discretion

• Team player with strong collaborative qualities and a positive demeanor

Preferred Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or other relevant disciplines

• Minimum of 2 years of AML or compliance experience

• Certifications such as CAMS and CFE

• Experience working in a FinTech environment

• Prior experience in creating or designing AML and KYC systems preferred

• Self-starter with ability to work with limited supervision in a fast paced and agile environment

• Analytical and problem solving skills combined with the ability to navigate through ambiguity in a fast-paced, dynamic environment

• Ability to manage several projects with urgency simultaneously

• Ability to collaborate across teams from different geographies and time zones to achieve project objectives

• Effectively communicate with Management for presentations, decision making, and problem solving

• Ability to explain complex ideas in a concise and simple manner

• Detailed oriented with strong written and verbal communication skills

What’s in it for you?

• Grow valuable skills and grow your career as an industry leader

• Diverse, global team with colleagues in dozens of countries

• Work in an exciting, fast-paced Fintech environment with the impact of a global payment

• You will interact with various global cross-functional teams, such as AML, Engineering, Product, Risk, Legal, and Operations to build effective reporting solutions and rules




BayOne Solutions


Company Information

BayOne has succeeded in serving our clients’ hunger for a scalable, low latency team by nurturing deep pools of talent. We have a rigorous screening and evaluation process, and we value referrals, contribution to tech forums and client recommendations. We can ramp-up or ramp-down teams with low latency of response. Our mentors and industry experts provide education on leading topics, and hands-on training with industry relevant use cases to help clients’ existing workforce to quickly retool themselves and stay relevant being part of a thriving and productive workforce of the future.

Dice Id : 10494547
Position Id : 7125842
Originally Posted : 2 weeks ago