About the role...
Our Head of Compliance North America is responsible for the delivery and operation of the Compliance framework for the North American business, ensuring that the company observes all relevant local and international Regulatory and Financial Crime requirements, as well as ensuring the business is well positioned to Onboard and transact with North American customers in target segments. Ideally you would be based in New York, however, we are open to remote working in the US.
Day to day tasks...
- Build, lead and develop a team in New York/USA
- Budgeting/headcount forecasting
- Oversee the company’s activity in the US and Canada.
- Developing and maintaining the BSA/AML & FINTRAC compliance program (and associated policies and procedures) in line with our global policies. Being responsible for the implementation of the polices
- Leading efforts to establish and maintain a robust, scalable client due diligence onboarding program for the US, Canada and rest of the Americas market – in line with the company’s global program
- Managing the relationship with regulators and banking partners in the US and Canada.
- Collaborate with the Global Chief Compliance Officer to establish and evolve local procedures and risk appetite
- Managing the company’s licenses in North America and Canada and managing the process of filing for new licenses (with outside counsel)
- Act as the BSA AML Compliance Officer
What skills do I need?
- Excellent written and verbal communication skills with proven ability to communicate effectively with all levels of management, auditors, and regulatory examiners
- Structured and well organized, ability to prioritize multiple tasks and to bring open projects to closure
- Ability to meet deadlines in a fast-paced environment
- People and Process management
- Strong interpersonal skills and ability to influence others for results
- Well-developed analytical and problem-solving skills. Ability to assess complex issues and structure appropriate solutions and recommendations
- Excellent team working skills, ability to manage own workload and tenacious attention to detail
What experience do I need?
- 5 or more years’ relevant experience in AML Compliance or Financial Crime or related area
- Relevant Compliance qualifications including CAMS (or ability/commitment to undertake within short order)
- AML, regulatory risk, and compliance such BSA AML, USA Patriot Act, FinCEN, FFIEC, OFAC, and FINTRAC & OSFI knowledge for Canada
- Background with international payments and cross jurisdictional rules and regulations
- Experience working with regulators (e.g. FCA, State and Federal Regulatory Bodies); working MSB regulation knowledge
- Experience with FX, Ecommerce, card issuing, merchant acquiring and MSB products and services KYC due diligence and onboarding of clients, affiliates and third parties and knowledge in Sanctions/OFAC management
We offer a comprehensive range of employee benefits including a 401K Scheme with 20 days PTO, no dress code policy, flexible home working and Free Lunch Friday. So, if you’re ready to join a thriving global business at our Union Square office in New York, get in touch!