Sr. Compliance Manager

This is a hybrid role with an in-office requirement.

Job Summary
SellersFi (the "Company") is hiring a Sr. AML Compliance Manager on a full-time basis, reporting directly to the Chief Risk Officer/Chief Compliance Officer. The candidate filling this role will be responsible for driving the build out of the AML/CTF Program in alignment with global/local AML/CTF regulatory standards. In support of the company's expansion overseas, the Sr. AML Compliance Manager will also be assisting in the development, implementation, maintenance, and enhancement of the AML/CTF policies, procedures, and controls of the company by jurisdiction in close collaborate with AML SME and the CRO/CCO. Other key responsibilities include contributing to the automation of the AML/CTF Program; overseeing the client onboarding process from the AML/CTF perspective; conducting transaction monitoring, investigations, remediations, and reporting when appropriate.

Essential Functions

• Effective administration and further enhancement of the current AML/CTF Program covering business activities in the USA - in alignment with the BSA/AML rules and regulations.
• Co-Own and co-drive the build out of a Global AML/CTF Program in support of company's expansion into the UK, Australia, Canada, and Europe in close collaboration with Internal Counsel and the CRO/CCO.
• Conduct/maintain formal risk assessment of products, services, and customers while ensuring that company's Risk Rating Model is updated accordingly.
• Oversee the full onboarding process from the AML/KYC/KYB perspective with the support of KYC Analysts.
• Accountable to guide/coach junior compliance staff on AML/CTF matters.
• Responsible for performing or, if feasible, delegate the EDD process to KYC Analysts on high-risk customers and during periodic account reviews.
• With the support of the KYC Analyst, work with business units to resolve complex account opening issues, obtain necessary information during investigations and perform on going reviews of the customer. Follow up and track all documents required to satisfy new account requirements.
• Co-drive, where feasible, the automation of the AML/CTF workflows in close cooperation with the IT Team.
• Support data mapping, data analysis of key AML metrics in support of effective decision-making processes. Support execution of ongoing AML reporting and metrics in collaboration with BI Unit.
• Collaborate closely with IT, Legal, Risk, Compliance and Operations to address process improvements (e.g., specifications, standards, project processes) that relate to AML/CTF compliance, including Fraud Risk.
• Work with sanctions related systems, i.e., Alessa of Tier 1 Financial Solutions, to understand and assess the accuracy of its algorithms, list exclusions, and rules to reduce the false positive hit rate in close collaborate with the IT Team.
• Serve as an escalation point/co-decision maker on complex cases on global/local Sanctions/SDN alerts, suspicious activities, periodic audits, and regulatory requests. Ensure timely and appropriate escalation of any significant matter to Senior Management.
• Prepare periodic AML/CTF regulatory and status updates on all pertinent AML/CTF matters for Senior Management.
• Perform compliance trend analyses and making recommendations for further action regarding short and long-term AML/CTF compliance objectives.
• Provide timely advice and guidance to all appropriate business units in relation with any OFAC/FINTRAC AML/CTF concerns in connection to the North American operations. In relation to company's activities in the UK, Australia, and Europe, work closely with local SME to address any concerns that may require action or remediation.
• Provide global/local subject matter expertise to the business/front office, operations, as well as other control functions in connection to all matters pertaining to global/local AML/CTF compliance.
• Identify, jointly with local SME, potential global/local Sanctions/SDN issues and recommend corrective actions, as needed and appropriate.
• Design/coordinate/deliver appropriate AML/CTF training and quality reviews of existing and new employees.
• Support the oversight, development, and maintenance of all AML/CTF policies and procedures in close collaboration with the CRO/CCO and Internal Counsel.
• Keep all key personnel current on information regarding AML/CTF related trends, including current events, technological advancements, methodologies, statistical and analytical techniques and trends related to transaction monitoring, AML monitoring, and fraud detection.
• Maintain SellersFi internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators (when applicable).
• Own and drive Ad hoc projects.
• Perform other duties with flexibility as assigned.

Qualifications & Skills

• Bachelor's Degree in Business Administration, Public Administration or Criminal Justice.
  Minimum of 7-year experience in AML/Financial Crime Compliance. Experience in investigations and transaction monitoring and/or program development preferred.
• Good understanding of key AML processes related to transaction monitoring, customer risk ratings, sanctions screening, fraud risk, KYC/KYB requirements, including Enhanced Due Diligence.
• Good understanding of AML transaction monitoring systems and ID verification systems, such as Sum & Substance and Alessa of Tier 1 Financial Solutions.
• Highly developed interpersonal skills and an aptitude for building strong relationships with all stakeholders through the use of engaging, courteous, and persuasive communication styles.
• Demonstrated ability to identify and prioritize key initiatives and related tasks.
• Exemplary attention to detail, exceptional analytical skills, and strong judgment skills.
• Working knowledge of digital banking channels, including mobile and other web-based technologies a plus.
  CAMS/CFE designation.
• Computer savvy with a strong proficiency in MS Office Suite applications and tools.
• Propensity to work independently, take accountability, and own the essential functions of the role.
• Must have strong time management skills, remain focused, be organized, and meet deadlines, including the ability to adapt to a process driven work environment.
• Effective communication, both written and verbal with colleagues in a diverse work environment.
• Ability to work effectively in ambiguous situations and ability to multi-task.
• Critical thinking and problem-solving skills with the ability to think outside the box.
• Self-motivated and strong interpersonal skills as required in a startup environment with the ability to adapt to a frequently changing and evolving work environment.

Work Environment
A fast-paced job in a co-work setting - requiring the flexibility to interact with the Company's different teams either locally, remotely, or virtually.

Benefits
SellersFi is committed to the well-being of our employees. Some of our benefits include:

• Competitive salary with opportunity for growth
• Ongoing training and development
• Generous PTO Policy, including 11 paid holidays
• Paid parental leave
• Health benefits (medical, dental, vision) with employer contribution
• Long-term disability
• 401(k)

About Us
SellersFi is a global financial technology company that empowers e-commerce merchants looking to grow. We offer strategic solutions that make scaling easier and faster. From inventory and marketing to product launches, international expansion, and more, thousands of e-commerce sellers trust SellersFi to achieve limitless success. Visit us @ www.sellersfi.com.

Equal Employment Opportunity
SellersFi is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. SellersFi will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

E-Verify
Note that SellersFi does participate in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.