BSA/AML Analyst II, Financial Crimes Compliance

Job title:

BSA/AML Analyst II, Financial Crimes Compliance

Company

Toast Inc

Job description

Toast offers remote and hybrid work flexibility. Our Legal & Compliance teams are primarily concentrated in Boston, Chicago, New York, Washington, DC, and San Francisco. Candidates residing in these areas will benefit from closer proximity to colleagues and greater access to company resources and events.Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy.Toast, Inc. seeks a dedicated BSA/AML Analyst II to join the BSA Officer and Program Lead in ensuring that the company meets all relevant laws and requirements domestically and internationally through a robust Financial Crimes Compliance program. The BSA/AML Analyst II will be responsible for analyzing and reporting unusual activity and performing day-to-day operational functions, as well as providing strategic support, to drive program initiatives surrounding regulatory adherence in addition to the detection, mitigation, and reporting of financial crimes.About this roll* (Responsibilities)

• Monitor, investigate, and report suspicious activity to FinCEN per regulatory requirements and escalate unusual activity to Sponsor Banks when necessary.
• Perform Enhanced Due Diligence on applicants engaging in nonstandard behavior.
• Provide sign-off for new partner diligence requests after vetting procedures.
• Review alerts and customer profiles flagged via automated screening software.
• Assist in updating Financial Crimes Compliance procedures related to investigations, Suspicious Activity Monitoring and Reporting, Sanctions Screening, Internal Escalations, etc.
• Participate in Quality Control initiatives surrounding investigation processes and transaction monitoring currently worked by Fraud teams.
• Provide day to day support in pursuit of maturing the investigations/operations team to develop commensurate with Toast’s growth into additional markets/products.
• Provide Subject Matter Expertise to internal stakeholders regarding financial crime regulation and best practices.
• Facilitate external audit, testing, and examination requests.

Do you have the right ingredients*? (Requirements)

• Typically requires a Bachelor’s degree and a minimum of 2 years of related experience in a BSA/AML role, preferably in a fast-paced FinTech environment; or an advanced degree without experience; or equivalent work experience
• Track record of career growth and commitment to taking on new responsibilities
• Demonstrated track record of self-sufficiency and ability to lead projects independently with little oversight.
• Strong working knowledge of Financial Crime typologies and relevant regulations.
• Strong communication (both written and verbal) and organizational skills
• Detail-oriented with the ability to meet firm deadlines.

Special Sauce* (Nice to Haves)

• Certified Anti-Money Laundering Specialist (CAMS)
• Familiarity with SQL, Looker, or Snowflake
• Experience navigating LexisNexis’ Bridger software
• Experience with Alloy software

Our Spread* of Total RewardsWe strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at .*We love a great bread/food pun#LI-REMOTEThe base salary range for this role is listed below. The starting salary will be determined based on skills and experience. In addition to base salary, our total rewards components include cash compensation (overtime, bonus/commissions if eligible), equity, and benefits.Pay Range$71,000—$114,000 USDWe are ToastersDiversity, Equity, and Inclusion is Baked into our Recipe for Success.At Toast our employees are our secret ingredient. When they are powered to succeed, Toast succeeds.The restaurant industry is one of the most diverse industries. We embrace and are excited by this diversity, believing that only through authenticity, inclusivity, high standards of respect and trust, and leading with humility will we be able to achieve our goals.Baking inclusive principles into our company and diversity into our design provides equitable opportunities for all and enhances our ability to be first in class in all aspects of our industry.Bready* to make a change? Apply today!Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact .

Expected salary

Location

Bready, Co Tyrone

Job date

Sat, 09 Nov 2024 03:33:35 GMT

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