Reserve Trust is the first fintech trust company with direct Federal Reserve access, completely unconstrained by legacy banking systems. Our unprecedented access to the US payment system enables us to create payment and banking platforms with scale, speed, and cost, unmatched anywhere. Reserve Trust is breaking new ground in B2B payments for domestic and international customers in the $22T global payments market, and we’re just getting started. 

As part of the Compliance Team of Reserve Trust you’ll play a critical role in building and then executing the compliance workflows to ensure safety and soundness of our next generation banking and payments ecosystems. Your main function is to manage the day-to-day compliance efforts to ensure compliance with the Bank Secrecy Act (BSA), Office of Foreign Assets Controls (OFAC) and other relevant rules and regulations. 

You will work closely with the BSA and OFCA Compliance Officers as well as other departments ensuring new features and solutions solve business challenges efficiently and intuitively while meeting compliance requirements and best practices. 

This role reports to the BSA Compliance Officer.

Key Responsibilities

• Perform daily OFAC and sanctions screening and clearing under the direction of the OFAC Compliance Officer (disposition of false-positive matches);
• Manage day to day efforts around regulatory examinations & internal and external audits;
• Provide/coordinate training for appropriate employees and new employees on compliance requirements, policies, and procedures. 
• 314b & 314a working knowledge of the function and process. 
• Create and update all compliance documentation for customers- standardized process 
• Facilitate regulatory reporting requirements, including the filing of Suspicious Activity Reporting;
• Ensure transaction monitoring for suspicious activity is conducted according to internal procedures;
• Perform customer due diligence;
• Perform customer re-review analysis;
• Carryout daily tasks as outlined in Compliance related policy and procedures; 
• Have the ability to thrive in fast-pace, evolving, and technologically driven environment; and
• Other relevant job duties as necessary.

Basic Qualifications

• Preferred minimum of 10 years’ experience in BSA/AML/OFAC Compliance; 
• Bachelor’s degree or higher;
• Basic knowledge of Money Service Business and Payment Processer requirements;
• Problem solving, and organizational skills required;
• Ability to understand complex financial products and expected compliance driven controls;
• Strong project management skills;
• Ability to work both independently and as part of a team to drive results;
• Demonstrated strong knowledge in controls, risk assessments, and the design and testing of compliance related internal controls; 
• Strong organization skills; 
• Creative thinking and affinity to innovation; 
• Excellent written and verbal communication skills for both internal and external individuals;
• Proven ability to meet deadlines, prioritize workloads, maintain attention to detail, resolve issues, and work independently in a fast-paced and rapidly changing environment;
• Must maintain a high level of accuracy in a high-speed environment; and
• Working knowledge of Windows/PC including Outlook, Excel and Word

Key Competencies

• Demonstrates Resiliency
• Directs Oneself
• High Attention to Details
• Drives for Results
• Exhibits Resourcefulness
• Communicates Effectively