Financial Crime Quality Specialist (Sanctions/AML)

At TransferWise, we believe in making money borderless and accessible to everyone. As our company continues to grow and evolve, we are looking for a Financial Crime Quality Specialist (Sanctions/AML) to join our dynamic team. In this role, you will play a crucial part in ensuring that our operations comply with financial crime regulations and standards, ultimately protecting our customers and the integrity of our business. We are seeking an experienced and detail-oriented individual who is passionate about fighting financial crime and has a strong understanding of sanctions and anti-money laundering (AML) processes. If you possess these qualifications and want to be a part of a fast-paced and innovative company, we want to hear from you!

1. Conduct thorough reviews of customer transactions and accounts to identify potential financial crime risks, with a focus on sanctions and AML regulations.
2. Develop and implement quality control processes to ensure compliance with financial crime regulations and internal policies.
3. Collaborate with various teams, including compliance, legal, and operations, to identify and mitigate any potential financial crime risks.
4. Stay updated on relevant regulatory changes and industry best practices related to sanctions and AML to ensure the company's processes are in line with current standards.
5. Conduct training sessions for employees to raise awareness and understanding of financial crime risks and regulations.
6. Investigate and escalate any suspicious activities or transactions identified to the appropriate authorities.
7. Review and analyze customer due diligence and KYC documents to ensure compliance with regulatory requirements.
8. Monitor and track financial crime-related metrics and provide regular reports to management.
9. Conduct periodic reviews and audits to identify any weaknesses or gaps in the company's financial crime compliance program.
10. Collaborate with external stakeholders, such as regulators and law enforcement agencies, as needed.
11. Continuously assess and improve the company's financial crime risk assessment and mitigation strategies.
12. Communicate and escalate any potential financial crime risks or issues to senior management and provide recommendations for remediation.
13. Act as a subject matter expert on sanctions and AML regulations and provide guidance to other teams within the organization.
14. Maintain accurate and up-to-date records of all financial crime-related activities and investigations.
15. Contribute to the development and enhancement of the company's financial crime policies and procedures.

According to JobzMall, the average salary range for a Financial Crime Quality Specialist (Sanctions/AML) in Austin, TX, USA is $70,000 to $90,000 per year. This can vary depending on factors such as experience, education, and the specific company or industry the specialist is working in.

TransferWise moves money through its platform to other users all over the world at mid-market rates and with no unnecessary fees. In addition to individual users, TransferWise can be used by companies to invoice vendors regardless of currency. Also has an office in NewYork. Now Wise.