Anti-Money Laundering Compliance Officer

Join our vibrant fintech startup Benjamin backed by toptier venture capitalists Play Ventures & F4 Fund. Were on the lookout for an experienced and forwardthinking AntiMoney Laundering (AML) Compliance Officer to join our team!

At Benjamin were passionate about rewarding everyday actions through our MoMos (Money Moments). Benjamin is a new cashrewards platform for consumers merchants and gamers to earn cash called Benjamin Money Moments by completing daily tasks playing casual games viewing content and ads and making everyday card purchases with cash back.

Key Responsibilities:

• Develop administer and maintain a robust BSA/AML/OFAC compliance program in accordance with applicable laws and regulations.
• Establish and implement internal controls to ensure ongoing compliance with AML requirements.
• Conduct annual independent testing of the BSA/AML/OFAC Program including compliance with applicable laws.
• Designate and fulfill the role of the antimoney laundering compliance officer overseeing all aspects of AML compliance.
• Provide comprehensive and ongoing training on AML compliance to all company personnel.
• Conduct annual BSA/AML/OFAC risk assessments and report findings.
• Coordinate and facilitate annual audits of the compliance program addressing any exceptions noted in the audit report.
• Maintain records of AML and Know Your Customer (KYC) services provided ensuring compliance with recordkeeping requirements.
• Verify the identity of prospective customers and beneficial owners in accordance with company policies.
• Manage the team for monitoring transactions for signs of fraud errors and other AML risks promptly reporting any suspicious activities to the relevant authorities.
• Ensure compliance with OFAC regulations and conduct regular screenings of customers against relevant sanctions lists.
• Develop implement and maintain written policies and procedures to detect and respond to identity theft and fraud.
• Assist with the investigation and reporting of unusual activities that may indicate potential money laundering or criminal activity.
• Implement and maintain a Compliance Management System subject to annual review and approval by the bank.
• Engage independent third parties for supplemental reviews and validations of compliance actions as requested by the bank.
• Conduct regular transaction and compliance testing providing reports on scheduled basis.
• Conduct annual risk assessments of each program and provide necessary reporting.
• Provide monthly compliance monitoring reports and ensure timely submission of all required reports.
• Maintain and enforce compliance policies updating them as necessary and obtaining appropriate approvals
• Provide processing services in accordance with program schedules and terms if applicable.
• Stay abreast of changes in AML laws regulations and industry trends and provide guidance and training to staff members to ensure awareness and adherence to compliance standards.
• Represent the company during regulatory examinations audits and inquiries and maintain effective relationships with regulatory agencies and external partners.

Qualifications:

• Bachelors degree in finance business administration or a related field. Advanced degree or professional certification (e.g. CAMS) preferred.
• Minimum of 5 years of experience in AML compliance within the financial services industry.
• Strong knowledge of BSA/AML regulations OFAC requirements and industry best practices.
• Experience developing and implementing compliance programs and internal controls.
• Indepth knowledge of AML laws regulations and industry standards including the Bank Secrecy Act (BSA) USA PATRIOT Act and OFAC regulations.
• Excellent analytical and problemsolving skills with attention to detail.
• Effective communication skills both verbal and written with the ability to train and educate personnel on AML matters.
• Ability to work independently and collaboratively in a fastpaced dynamic environment.
• Strong organizational skills and ability to manage multiple tasks simultaneously.
• Proficiency in relevant software and tools for transaction monitoring and compliance testing.

Why Join Us

• Lucrative Compensation: Maximize your earning potential with competitive salaries and rewarding bonus structures that recognize your dedication.
• Thriving in HyperGrowth: Immerse yourself in the dynamic environment of a hypergrowth startup where youll encounter daily challenges and avenues for professional advancement.
• CuttingEdge Collaboration: Engage with innovative technology and join a fastpaced team known for its forwardthinking approach and commitment to innovation.
• Positive Workplace Culture: Experience a professional yet enjoyable atmosphere where hard work is valued alongside a sense of humor and camaraderie fostering a fulfilling work environment.

About Benjamin Capital Partners

Benjamin Capital Partners stands as the backbone of the revolutionary Benjamin App a cuttingedge cashrewards platform designed for consumers merchants and gamers alike. Known as Benjamin Money Moments this platform offers users the chance to earn cash through a variety of engaging activities such as completing daily tasks playing casual games browsing content and ads and enjoying cashback on everyday card purchases.

The Benjamin app opens up a world of possibilities for consumers to earn Benjamin Money Moments through a wide array of everyday activities including purchases mobile gaming and ad engagement. As an emerging force in the fintech arena Benjamin is committed to reshaping the future of cash rewards one rewarding moment at a time.

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We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status or disability status.