Compliance Analyst

TransferMate– a subsidiary of CluneTech – was established in 2010 when we began working with regulators around the world to secure licenses to operate as a global payment’s provider. With a global payments network covering 200+ countries and territories, TransferMate have established partnerships with some of the largest banks, fintechs and software providers in the world. The combination of our regulated network, award winning technology and strategic partnerships culminated in 2022 when the business achieved Unicorn status.

Our team is dedicated to delivering the best possible experience for our partners and their customers. We know that a happy team is one that performs at the highest level and our #OneTeam ethos encourages mutual support, respect, recognition, and rewards. In Ireland, we have been recognised as a Great Place to Work for 9 consecutive years, with 35 offices worldwide, we do business across 100+ countries on a daily basis.         

Due to continued expansion, we have created a new position for a Compliance Analyst to join our remote team in the US.

TransferMate is expanding its US Compliance team and is searching for a U.S./Canada Compliance Analyst for our U.S. and Canadian legal entities. This position can be fully remote. As we see compliance as a competitive advantage, the successful candidate will assist the BSA/AML Compliance Manager in all aspects of compliance for both the U.S., Canada legal entities as well as supporting our global business. This position will work closely with the first line of defense to ensure the best Compliance experience for our customers. If you are agile, can work independently, can influence others, then this role is for you.

Our ideal candidate will have experience in the regulatory requirements of the US /Canada relating to payment services / e-money, have previously interacted with the Regulators, and have hands-on experience in assessing and mitigating compliance risks and regulatory reporting within NMLS. This role will report to the TransferMate Inc. BSA/AML Compliance Manager.

Salary - 80000 - 95000 USD

Candidate will be required to work East Coast hours.

Key Responsibilities

• Assist in the implementation and maintenance of the company’s BSA/AML compliance program under the guidance of senior compliance officers.
• Support AML monitoring, investigations, and regulatory reporting teams by gathering and organizing relevant documentation, including preparing draft Suspicious Activity Reports (SARs) and ensuring accurate record-keeping of compliance activities.
• Work within ComplyAdvantage to extract transaction information as required
• Assist with internal and external audits by coordinating requests for information, distributing audit documentation to internal teams, and addressing audit findings under the direction of the BSA/AML Compliance Manager
• Conduct initial reviews of escalated client files related to Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), flagging high-risk cases for further review and ensuring onboarding documentation is complete.
• Provide support to Sr. Regulatory Reporting Analyst for regulatory reporting, including assisting with National Multistate Licensing System (NMLS) quarterly reports, annual reporting coordination, and Money Services Business (MSB) license renewals by gathering necessary documentation and liaising with regulatory bodies.
• Assist BSA/AML Compliance Manager in responding to routine inquiries from internal teams regarding BSA/AML compliance policies, escalate complex issues to senior staff, and support training efforts to ensure team awareness of regulatory requirements and company policies.
• Participate in compliance training sessions to remain informed on regulatory requirements and assist with other compliance-related tasks as assigned by the BSA/AML Compliance Manager or senior compliance staff