BSA/AML and Financial Crime Analyst (US)
New York / Washington D.C.
Compliance – Compliance Team /
Full time (permanent) /
Hybrid
About Lendable
Lendable is on a mission to make consumer finance amazing: faster, cheaper and friendlier.
> We're building one of the world’s leading fintech companies and are off to a strong start:
> One of the UK’s newest unicorns with a team of just over 400 people
> Among the top 10 fastest-growing tech companies in the UK
> Profitable since 2017
> Backed by top investors including Balderton Capital and Goldman Sachs
> Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)
So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.
We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.
Join us if you want to
> Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1
> Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo
> Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting
About the role
We are looking for an AML/BSA and Financial Crime Analyst focusing on our US credit card product. You will play a pivotal role in AML and Financial Crime Operations under the direction of Zendable’s Compliance team. The Compliance team implements a compliance program that enables Zendable to adhere to regulatory requirements while providing the best product and service to our customers.
The Compliance team aims to build and enhance an effective framework to combat money laundering, fraud and financial crime while balancing the needs of our customers. Key objectives for the team are to build sustainable risk mitigation strategies using data analysis and automation to deliver solutions efficiently and effectively. The team works closely with all areas of the business to support initiatives that enable secure growth, providing advice and solutions.
This role will report to the Head of US Compliance and will be required to work independently and cross-functionally.
What you'll do
- Review daily AML transaction monitoring alerts while ensuring strict adherence to policy and procedures.
- Perform and record in-depth onboarding investigations including but not limited to potential OFAC Sanctions matches, identity fraud, and money laundering.
- Make real-time decisions to approve or reject card customers by proactively identifying key AML and fraud risks.
- Ensure effective review of accounts for potentially suspicious activity and completion of input for Suspicious Activity Reports (SARs).
- Review disputed transactions and chargebacks.
- Work closely and collaboratively with control owners responsible for financial crime controls that drive operational demand, including relevant product teams.
- Maintain and report metrics on operational work to senior management, the Board of Directors, and bank partners.
- Develop and enhance AML financial crime processes.
Your Experience
- 3+ years of professional work experience performing anti-money laundering and financial crime operations related to fraud, transaction monitoring, and Sanctions screening.
- Familiarity with applicable lending, AML, and Privacy laws and regulations that impact Zendable’s business including BSA, OFAC, GLBA, TILA including the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009, FCRA, UDAAP, FDCPA, ECOA, E-Sign, EFTA, and NACHA.
- Inquisitive and proactive in proposing creative and effective solutions and ability to learn and adapt in a fast-paced environment.
- Strong investigative, reporting, critical thinking, analytical, and writing skills.
- Must be detail-oriented, thorough, well-organized, and able to work with a global team.
- College degree required, CAMS or CFE certified a plus
Desirables
- Consumer lending experience with personal loans, credit cards and fair lending is a plus!
- SQL knowledge is a plus!
Interview Process
- A 30 minute call with the Talent Team.
- An interview/take home test with US FinCrime Lead and Head of US Compliance to assess technical skills.
- An interview with the US FinCrime Lead, the Head of US Compliance, and the Head of US Cards Product.
Life at Lendable
> The opportunity to scale up one of the world’s most successful fintech companies.
> Best-in-class compensation including equity.
> You can work from home every Monday and Friday if you wish - on the other days, we all come together IRL to be together, build and exchange ideas.
> 401k plan and medical insurance (optical + dental covered)
