Financial Crimes Analyst

About Finfare

Finfare is dedicated to empowering SMBs, by providing the ultimate expense management solution for growing businesses seeking to streamline their financial operations and maximize cash back rewards. Finfare offers easy expense tracking, personalized spend controls, seamless accounting integration, powerful analytics, and reliable charge card services. Our cardholders can tap into our vast network of reward program publishers and card-linked merchant offers, ensuring even bigger cash back rewards for their business.

We are always working on redefining the boundaries of digital financial services and aim to stay one step ahead in the ever-evolving fintech landscape. Joining Finfare allows you to become part of a rapidly growing organization, grow to your full potential, and be a part of the next big thing. Finfare is proud to be recognized as a Great Place To Work recipient in 2024, with a majority of our employees praising Finfare’s strong internal culture and supportive team members.

About The Role

Finfare is looking for a fraud and anti-money laundering analyst to join our Financial Crimes team. The ideal person for this role should have experience in handling alerts and investigating cases in BSA/AML Compliance in the Financial Industry (Banking or Fintech), experience in fraud prevention would be a plus. Our Financial Crimes team is responsible for managing risk related to fraud, money laundering, counterterrorism (AML/CFT), sanctions compliance, and performing KYC / B reviews. If you are passionate about problem-solving, have hands-on experience and are skilled at detecting and handling suspicious activity, we'd like you to be a part of our team!

Responsibilities

• Alert disposition: investigate and research fraud and BSA alerts in the frame of onboarding and transaction monitoring, perform necessary due diligence, document undertaken clarifications and decisions
• Participate in managing and in further calibrating detection systems & rules for onboarding checks and transaction monitoring
• Participate in designing and maintaining Finfare’s BSA, AML, USA PATRIOT ACT, and OFAC compliance programs
• Participate in designing, maintaining, and implementing Finfare’s Fraud Risk Management program inclusive of customer onboarding, transaction monitoring, insider abuse, vendor fraud risk, and identity theft prevention
• Create ad hoc reporting, trend analysis, status reports, approvals and escalations to the attention of senior management
• Work with related partners in Credit Risk and Operations on fraud and AML risk response as needed
• Acts as liaison with our partner bank on watchlist alerts as needed for guidance or instructions for handling potential matches
• Audit management: responsible for audit, exam, and quality control reviews to address observations, recommendations, and opportunities for process and control enhancement related to BSA/AML and Fraud
• Serves as subject matter expert on BSA/AML and fraud related issues
• Other Duties as Assigned
  
  

Qualifications And Requirements

• 4 years’ experience as BSA/AML Specialist in the Financial Industry
• Bachelor’s degree or above
• CAMS or CFE (preferred)
• Solid understanding of Bank Security Act (BSA), Anti Money Laundering (AML), Office of Foreign Assets Control (OFAC), and USA Patriot Act compliance
• Experience in fraud risk management would be a plus
• Solid interpersonal, organizational, and communication skills
• Excellent written and verbal communication skills
  
  

Compensation

The salary range for this position is $110k-$140k (depending on experience).

Benefits At Finfare

• Competitive health, vision, and dental benefits (covering 100% premium for employee and all dependent(s))
• Unlimited PTO 
• 401K (with employer matching) 
• Catered lunches three times a week
• Employee stock purchase plan (if applicable) 
• Work sponsorship (if applicable)
• Parental leave 
• Other employee perks
  
  

As part of our dedication to the diversity of our workforce, Finfare is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, gender, gender identity, gender expression, sexual orientation, age, physical or mental disability, medical condition, marital/domestic partner status, military and veteran status, genetic information or any other legally-recognized protected basis under federal, state or local laws, regulations or ordinances.