Compliance Analyst

San Francisco, California /
Compliance /
Full-Time
Guild is building the next generation of payment products centered around brands, starting with radically transparent co-branded credit cards. Guild was founded by Michael Spelfogel and Scott Kazmierowicz (ex-Stanford CS / Data Science, ex-Lyft, ex-Visa, ex-Goldman) and is backed by top VCs including Greycroft and Clocktower Ventures, as well as founders of Plastiq, SeatGeek, Flatiron Health, and FiveStars.

Guild’s compliance team works to monitor, control, and mitigate risk Guild faces in its management of the consumer credit card product. This includes not only anti-money laundering (AML), counter-terrorist financing (CTF) and sanctions compliance, but compliance with the fair lending laws and their implementing regulations.

The team also works closely with the compliance team at our issuing bank, ensuring that we provide the information and documentation the bank needs to satisfy their regulatory requirements and continue to support our program. The compliance function is responsible for developing Guild’s internal controls, as well as training staff as needed, conducting program and partner monitoring, and compliance operational work.

Responsibilities

    • Support the Compliance Director by assisting in day-to-day Compliance Program management 
    • Investigate KYC/AML screening results, including researching public records and drafting due diligence reports as needed
    • Conduct customer due diligence (CDD) investigations for new and existing credit card account holders, as well as for critical vendors, brand partners, and other entities as needed
    • Monitor and conduct ongoing CDD in a risk-sensitive manner keeping in mind Guild’s product and service offering
    • Assist in developing new-hire and employee training in areas such as AML/OFAC, Truth in Lending Act, Equal Credit Opportunity Act, and red flags.
    • Review ad-hoc escalations from strategic partners as well as internal teams and determine next steps

Requirements

    • 3-4 years of compliance operations experience, preferably both in traditional financial institutional and FinTech environments
    • Knowledge of legal and regulatory requirements that apply to financial institutions, as well as the research skills necessary to understand new or evolving regulation
    • Knowledge of AML laws and regulations, including a general and broad understanding of AML, financial and reputational risks (PEPs, Sanctions, Anti-Bribery & Corruption)
    • Familiarity with performing compliance operations functions, especially due diligence investigations and audit trail managementStrong critical thinking skills and an investigative instinct 
    • Familiarity with reporting thresholds and requirements 
    • Strong time management skills
    • Experience in payments compliance and/or AML investigations experience a plus
    • Effective oral, written and interpersonal communication skills
    • Ability to treat confidential information with professionalism and discretion
WHY GUILD?
- Fast-growing team tackling a $20B market opportunity, partnering with some of today’s most exciting brands to launch innovative products
- Meaningful and uncapped professional and personal growth opportunities
- Mission-driven startup built around delivering consumers transparent, personalized, and exciting financial products


ABOUT US
At Guild, we believe that consumers deserve better, simplicity and transparency are key, and brand-centered financial services are the future. We’re rethinking co-branded credit cards, rebuilding the legacy marketplace around the needs of brands and best interests of consumers.

Guilders are hackers and builders: scrappy, hungry, and curious. Guilders question the way things are and find holes in the status quo. Guilders know that we’re all a work-in-progress: we believe your “slope” matters much more than your “y-intercept”. Guild provides unusually good support and resources for Guilders, and unusually meaningful autonomy at every level.


ADDITIONAL INFORMATION
Guild is an equal opportunity employer. We aim for every member of our team to feel that they matter, belong, and can bring their full and authentic selves to work. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.