Senior Analyst - Regulatory Compliance
Miami / San Francisco / New York City
Compliance – Regulatory Compliance /
Full-time /
Hybrid
Nium, the Leader in Real-Time Global Payments
Nium, the global leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders.
Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.
About the Role
This is an existing role at Nium, Nium is looking to expand its local Regulatory Compliance team to strengthen its oversight capabilities.
Nium is looking for a driven individual who is keen to work in a fast-paced and dynamic environment and is passionate about Compliance.
This role will report to the VP of Compliance and will closely collaborate with local Head of Compliance, Deputy MLRO and with the global Compliance team.
Key Responsibilities
- Develop and maintain policies and procedures to ensure compliance with relevant regulations and industry standards, including reviewing and updating existing policies as necessary
- Prepare and submit internal and external reporting such as internal MI and regulatory filings to the regulator, ensuring accuracy and timeliness, and collaborating with other teams to obtain the required information
- Coordinate and assist in regulatory audits including preparing documentation, responding to enquiries, and implementing remediation efforts as needed
- Conduct risk assessments related to regulatory compliance and develop strategies to mitigate identified risks. This may involve collaborating with other departments such as risk management and internal audit
- Providing regulatory advisory to relevant internal and external teams, such as sales and onboarding to support the client onboarding process, as well supporting the product and technical teams with product updates/changes
- Performing assurance reviews on tasks such as customer onboarding and transaction monitoring
- Develop and deliver coaching and training to develop other team members based on regulatory compliance, policies and procedures as well as findings identified as part of assurance (e.g. handling of onboarding cases, handling of screening and transaction monitoring alerts, etc.)
- Review and investigations of suspicious activity and preparing information for SAR submission
- Handling external information requests (Law enforcement/partners)
- Assisting with the implementation of the Compliance Monitoring Plan across the business
- Serve as a point of contact for external parties such as banking partners and the regulator
- Stay up-to-date with regulatory developments and changes in the electronic money and financial services industry, and assess their impact on the institution. Provide recommendations for compliance strategies accordingly
- Assisting HoC/MLRO and DMLRO in other capacities deemed necessary
Requirements
- 3-5 years’ experience in a similar Compliance analyst role, preferably in the Fintech sector and within organisations with cross-jurisdictional operations
- Knowledge of local AML/CTF laws and interest to stay abreast of latest regulatory changes
- Ability to analyse suspicious transaction patterns, identify AML typologies and draw meaningful conclusions
- Ability to draft clear and concise internal escalations and suspicious activity reports
- Ability to identify gaps in Compliance processes or products, provide possible solutions
- CAMS/ICA certification.
- Excellent data mining and data manipulation skills, with a proficiency using Excel and other tools
- Strong analytical and problem-solving skills
- Exceptional attention to detail
- Excellent verbal and written communication skills
- Ability to work independently, under pressure and to tight deadlines, managing competing priorities
- Ability to collaborate and engage with a variety of individual stakeholders and to operate in a global virtual environment
$74,000 - $140,000 a year
Salary ranges are dependent on a variety of factors, including skills, qualifications, experience, and geographic location. Certain roles may offer additional incentives including but not limited to equity and bonus. Your recruiter is happy to share more information about the salary range specific to your working location and other factors at any stage of the hiring process!
What we offer at Nium
We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work.
We Care for Our Employees: The wellness of Nium’ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible working hybrid working environment (3 days per week in the office).
We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend
We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities.
We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more!
We Thrive with Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone.
For more information visit www.nium.com
Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job candidates. Please review our Candidate Privacy Notice for more information.
