Compliance Manager - XTransfer : Job Details

Job Description:

• Assist in preparing and submitting money transmitter license applications, renewals, and periodic reports, and support the team during examinations and respond to inquiries from regulators.
• Liaise with partnered banks and financial institutions to address requests, and integrate partners' compliance requirements into the company's products and risk infrastructure.
• Support the creation of compliance policies and procedures, and help design compliance processes and risk management infrastructure.
• Conduct CDD, EDD, transaction monitoring, alert review, SAR filing, and OFAC reporting tasks.
• Perform risk assessments, and identify compliance risks for new business initiatives and existing operations.
• Support global payments licensing applications and compliance work for other countries (such as Canada, Mexico, and LATAM) as needed.
• Participate in various ad-hoc projects and tasks as assigned.

The Successful Applicant:

• A minimum of 5 years in BSA/AML, sanctions, regulatory reporting, and money transmission/payment compliance, with at least 3 years in banking, fintech/payments, or cross-border financial services.
• Entrepreneurial mindset (flexible, self-starting and hard-working) in generating innovative solutions to build out the compliance infrastructure.
• Excellent communication skills – oral, written and presentation.
• Ability to work effectively both independently and as part of a team.
• Bachelor's degree required; a law degree and relevant professional certification (e.g., CAMS) are preferred.
• Bilingual in Mandarin Chinese is a plus, though not required.

Location:

This position is ideally based in New York City.

We also welcome applications from candidates in California and other states, with the opportunity to work fully remotely.