Global AML Officer

March 12

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Limited

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Limited is a financial platform providing flexible payment and expense management services and technology solutions. It enables users to have full control over their funds while facilitating international money transfers and cross-border banking experiences. Limited offers both virtual and physical prepaid Visa cards with various benefits, including expense tracking and global payment services, aimed at businesses and individuals alike.

11 - 50 employees

Founded 2024

💳 Fintech

🛍️ eCommerce

🤝 B2B

📋 Description

• About Limited: • Limited is committed to providing secure and compliant financial services globally. We prioritize regulatory adherence and the prevention of illicit activities to maintain the highest standards of trust and integrity. • Job Description: • We are seeking an experienced Global AML Officer to oversee our anti-money laundering (AML) efforts and ensure compliance with US and EU regulations. This role is critical in safeguarding our platform against financial crimes and maintaining our reputation for security and compliance. The ideal candidate will have a deep understanding of the expectations set forth by the Financial Crimes Enforcement Network (FinCEN) and other relevant regulatory bodies. • Responsibilities: • Develop, implement, and maintain AML policies and procedures in line with US and EU regulations, incorporating FinCEN guidelines and expectations. • Monitor and analyze transactions to detect suspicious activities using advanced screening and monitoring tools. • Conduct thorough investigations of potential AML violations, ensuring timely and accurate reporting of Suspicious Activity Reports (SARs) to FinCEN and other regulatory authorities. • Perform regular risk assessments and audits to ensure compliance with AML laws and internal policies. • Design and implement a robust SAR filing process to comply with money transmission regulations, ensuring that all SAR filings meet the standards required by FinCEN. • Collaborate with legal and compliance teams to address regulatory changes and their impact on the company. • Provide training and guidance to staff on AML regulations, best practices, and the specific requirements of FinCEN. • Prepare and submit regular reports on AML compliance to senior management, highlighting key metrics and areas for improvement. • Utilize tools for screening and monitoring banking, card, and crypto accounts and transactions. • Develop and maintain effective working relationships with regulatory bodies, law enforcement agencies, and industry peers. • Ensure the implementation of robust Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) processes. • Maintain an up-to-date understanding of emerging AML trends and typologies, particularly those identified by FinCEN. • Lead initiatives to improve AML compliance frameworks, incorporating feedback from audits and regulatory examinations. • Manage responses to inquiries and examinations from FinCEN and other regulatory bodies.

🎯 Requirements

• Bachelor’s degree in Finance, Law, or a related field. • At least 5 years of experience in AML compliance, preferably in a global or multinational organization. • In-depth knowledge of US and EU AML regulations, including BSA, AMLD, and other relevant frameworks. • Strong understanding of FinCEN guidelines and expectations. • Strong analytical skills and attention to detail. • Excellent communication and interpersonal skills. • Ability to work independently and as part of a team. • Certified Anti-Money Laundering Specialist (CAMS) or equivalent certification is preferred. • Experience with AML tools and software for screening and monitoring.

🏖️ Benefits

• Competitive salary and benefits package. • Opportunity to work in a dynamic and innovative fintech environment. • Professional development and career growth opportunities. • Flexible working hours and remote work options. • Global travel and exposure to different geographies.