Compliance Analyst

| Greater Denver Area
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SALT is the pioneer of crypto-backed lending and offers crypto-focused financial services for individuals and businesses. Committed to fostering adoption of blockchain technology, we’re working to bridge cryptocurrency with traditional finance. With an emphasis on security and customer service, we provide the technology, infrastructure, and tools that make it easy for crypto holders, businesses, banks, and governments across the globe to participate in the blockchain economy. SALT operates a blockchain-based platform that facilitates the issuance of consumer and commercial asset-backed loans secured with cryptocurrency. The platform is a wholly-owned subsidiary of Salt Blockchain Inc. (SaltLending.com). For more information, visit www.saltlending.com.

SALT operates around the world and has a dynamic workforce of diverse professionals. For employees, SALT offers medical, dental and vision health insurance with 100% paid premiums for employees and their eligible dependents, generous PTO, a 401(k) with company match, transportation benefits, catered lunch and a stocked kitchen, on-site fitness center, and an engaged culture with a wonderful team! If you enjoy a fast-paced, progressive, hard-working environment, SALT may be the place for you.

The Compliance Analyst will report to the Chief Legal Officer within the Legal Department and support company’s lending practices as well as advise the loan officers and customer support departments.   As such, the candidate must possess strong written and verbal communication skills.

 

Primary Responsibilities:

  • Act as the first level reviewer in making initial investigation decisions determining the specific information needed to manage the investigation, and triage alerts/cases (decisioning basic alerts and escalating complex alerts).
  • Perform Customer Identification Program (AML/KYC) checks on new members.
  • Perform forensic analysis of blockchain transactions using third-party software.
  • Manage a queue of alerts, ensuring timely follow up of requests and adherence to escalation procedures.
  • Conduct testing to assess compliance with legal, regulatory, AML, KYC, lending and internal company policy requirements.
  • Assist other members of the Legal Department with ad hoc analysis and investigation requests.
  • Conduct targeted account reviews on high risk clients and be able to analyze holistic view of customer in terms of products, services and underlying transactions as well as escalate potential issues.
  • Assist in preparing reports to senior management detailing review findings and recommendations.
  • Research on emerging financial crimes issues in global markets to increase organizational awareness.
  • Maintain an awareness of, and monitor the regulatory environment for, emerging legislation and policy statements, along with relevant trends and industry best practices applicable to US and foreign consumer and business lending operations.
  • Serve as compliance personnel with banking partners.
  • Assist in internal audit and risk assessments.
  • Assist corporate counsel in preparation for regulatory examinations.
  • Assist in the preparation and management of the company’s corporate and compliance policies and procedures.
  • Assist with corporate and compliance training.
  • Ability to grow to compliance officer with appropriate supervision

 

 Preferred Candidate Experience:

  • Bachelor's degree required
  • ACAMS AML certification ideal
  • 1-3 years of prior AML/KYC Compliance experience with consumer and business lenders
  • Ability to work independently and proactively and complete deliverables in a timely manner
  • Ability to exercise judgement within well-defined parameters and procedures
  • Proficiency in Microsoft Word, Excel and PowerPoint
  • Working knowledge in banking rules, regulations, laws and all related policies and procedures including, but not limited to, the Bank Secrecy Act, Reg Z, Community Reinvestment Act, FDIC, CFPB and FRB regulations governing banks

 

Job Type:

Full-time position and ideal candidate currently resides in the Great Denver Area or willing to relocate. Please note this on your application or cover letter if applying from out of state.

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