We seek a Know Your Business (KYC) Coordinator to enhance our compliance capabilities within the Governance Risk and Compliance (GRC) team. This role focuses on creating and maintaining KYC processes. You will also check for sanctions, manage risks, evaluate vendors, conduct investigations, perform research, and implement policies. The KYC Associate will also participate in broader GRC team goals, such as policy implementation and training initiatives. The KYC Coordinator will help ensure our operations align with global best practices, thus safeguarding our platform clients.
Key Responsibilities
- Conduct KYB due diligence to verify business clients and ensure their operations comply with stringent AML regulations globally.
- Assist in detailed sanctions screening and proactive risk management to identify and mitigate potential compliance threats.
- Follow guidelines and company procedures regarding enhanced customer due diligence investigations.
- Assist in creating and implementing robust compliance guidelines, and help train our staff and clients to understand and follow these guidelines.
- Investigate and research the activity using public and non-public available databases and records.
- Make case recommendations based on company policies and procedures. Clearly document findings and the rationale behind decisions made in each case.
- Working with various external and internal teams to maintain communications and alignment.
- Assisting with on-boarding/off-boarding vendors screening.
- Assist in fulfilling regulatory, client, and legal requests as necessary.
- Maintain up-to-date knowledge of regulatory changes and adapt compliance strategies accordingly.
- Assisting with Oyster’s risk management program.
- Assisting with maintaining and monitoring the AML compliance program.
- Assisting with developing policies, training, FAQs, playbooks, and other internal resources.
- Identifying opportunities to improve processes, share best practices, and improve efficiencies.
- Support management of Annual Compliance Training and New Hire Security Training to completion
Core Requirements
- Minimum of 2 years experience in KYC, compliance, risk management, fraud, or a related field.
- Good knowledge of AML risks, typologies, and red flags.
- Knowledge of Customer Identification Processes, Due Diligence, and Enhanced Due Diligence best practices.
- Capability to identify compliance risks and escalate when appropriate.
- Demonstrated analytical, investigative, and problem-solving skills with high attention to detail.
- Professional certification in Compliance, such as Certified Anti-Money Laundering Specialist (CAMS) or equivalent.
- Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the USA PATRIOT act, US Treasury AML guidelines, and OFAC requirements.
- [BONUS] Professional certifications related to governance, risk management, compliance, data analysis, and/or other related areas.
- [BONUS] Experience in HR tech.
- [BONUS] Operating in a later stage VC-backed scaleup (Series C or/and D).
- [BONUS] Prior experience in a corporate compliance department
You’ll also need
- A reliable home internet connection (or be able to get one)
- Fluent English language skills
How to Apply
Interested and qualified candidates should:
Click here to apply online