About the Team:

Reserve Trust is the first fintech trust company with a Federal Reserve master account. We provide B2B payments services that financial institutions and fintech’s have previously only been able to obtain from correspondent and sponsor banks. Unconstrained by legacy banking systems, the company is actively building new services, APIs, and payment rails to support embedded and real time payments for any fintech service or software platform. Headquartered in Colorado, the company is backed by some of the world’s best financial technology investors including QED and Fintech Collective.

Our Company Values:

Trustworthy, One Team, Good Stewards, Unlocking Innovation, Never Satisfied

Our Company Culture:

As a member of the Reserve Trust team, you are expected to contribute your talents and energies to conducting our business and improving the culture and quality of Reserve Trust.  We value teamwork and collaboration within your department and cross functionally. We encourage knowledge sharing and challenging the norm. We value each other thru active appreciation and recognition.  Bring your best practices to the table to help us build a world class, leading payments platform that continuously pushes the envelope in customer service. We want you to be the best version of yourself with us!

How You Fit In:

As part of the Financial Crimes Compliance Team of Reserve Trust you will play a critical role in building and operationalizing a best-in-class sanctions and Office of Foreign Assets Control (OFAC) compliance program. To be successful in this role, you will be required to think critically, prioritize workloads, meet deadlines, maintain attention to detail, resolve issues, and work independently in a fast-paced and technologically-driven environment.

This role reports to the OFAC Officer and will partner and collaborate with the Payment Operations, Engineering, Product, and Risk and Compliance teams.

What You’ll Do:

• Evaluate the sanctions risks of our customers.
• Screen current and potential customers and their owners, directors, officers, and other relevant personnel for sanctions exposure.
• Identify and review transactions and accounts for prohibited activity under OFAC and other sanctions programs.
• Research potential matches and escalate issues that require additional attention and/or action.
• Track new, amended, or updated sanctions prohibitions targeting foreign individuals, entities, and/or countries.
• Understand the issuance of OFAC general licenses and the impact on our customers and business.
• Facilitate audits by independent third parties and examinations by our regulators.
• Collaborate with other parts of the organization to provide expertise on OFAC and other sanctions laws and regulations.

Basic Qualifications:

• Preferred minimum of 3 years' experience in OFAC compliance
• Bachelor’s degree
• Knowledge of OFAC sanctions programs
• Demonstrated ability to prioritize workloads, meet deadlines, and maintain a high-quality work product
• Desire to think critically and resolve complex issues
• Comfort with a fast-paced and dynamic environment
• Ability to work both independently and as part of a team
• Strong written and verbal communication skills
• Ability to learn new systems quickly and effectively use third-party OFAC compliance technologies

Key Competencies:

• High Attention to Detail
• Execution Excellence
• Collaboration
• Drives for Results
• Communicates Effectively

What Reserve Trust Offers:

• Competitive Salaries
• Stock Options
• 401(k) with company contribution
• Excellent No-Cost and Low-Cost Medical, Dental and Vision plans for employees and dependents
• Short-Term Disability, Long-Term Disability and Life Insurance
• FSA and HSA Plans
• Flexible PTO
• Home office stipend

We feel passionately about equal pay for equal work, and transparency in compensation is one vehicle to achieve that. Total compensation for this role is market competitive, including a base salary range of $75,000 – 95,000. Reserve Trust intends to offer the selected candidate base pay within this range, dependent on job-related, non-discriminatory factors such as experience and location.

The Reserve Trust Company does not discriminate on the basis of age, race, religion, national origin, disability, gender, or any other protected status.

The Reserve Trust Company is not open to third party solicitation or resumes for our posted positions. Resumes received from third party agencies that are unsolicited will be considered complimentary.