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BSA/AML Officer

Ansible Labs

Ansible Labs

United States
Posted on Friday, May 17, 2024

ABOUT ANSIBLE LABS:

Ansible’s vision is to assemble a global payments network that enables consumers and businesses to pay or be paid in any currency, anywhere on earth. Crypto and blockchains will play a fundamental role in bringing this vision to life.

Ansible’s platform, Beam, enables consumers and businesses to move funds between blockchains and bank accounts in near real-time.

  • Learn more about Ansible Labs here
  • Learn more about Beam here

ROLE DESCRIPTION:

Beam enables customers to leverage a Beam account to move crypto funds between blockchain accounts and their bank accounts in real time. This process depends on successfully onboarding consumers (with full KYC), facilitating the transfer of cryptocurrencies and USD, settling between Ansible's partners, monitoring payment activity for AML purposes and designing and optimizing the systems used for all fraud monitoring. Ansible is looking for a BSA/AML Officer to join our team to oversee all aspects of our BSA/AML compliance program, including managing the bank’s compliance with BSA regulatory requirements. This role is fully remote.

In this role, you’ll:

  • Develop and administer a comprehensive compliance program with all aspects of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Asset Control (OFAC) and the USA Patriot Act.
  • Oversee and maintain all compliance-related company policies, procedures, and processes.
  • Monitor customer transactions to help support BSA/AML and, when required, file all SAR/CTRs in accordance with BSA in a timely manner.
  • Manage, design, and optimize systems and resources to monitor and help reduce customer fraud.
  • Conduct customer due diligence and risk assessment analysis of customer relationships. Conduct enhanced due diligence reviews for customers identified as higher risk.
  • Perform comprehensive risk assessments and policy analysis to determine BSA/AML and other risk exposures; collaborate with cross-functional teams to develop mitigating controls and monitoring strategies.
  • Implement automated BSA/AML software and maintain ongoing development and maintenance of the software. Review effectiveness of automated system reports and recommend changes or modifications.
  • Ensure all staff and the Board of Directors are adequately trained in the Bank
  • Secrecy Act. Develop curriculum and conduct new hire and periodic training as needed.
  • Disseminate information, answer questions, and be a subject matter expert for the company on BSA/AML/OFAC-related issues.
  • Work in collaboration with our banking partners on AML requirements, due diligence reviews, and expansion of products, geographies, and customer types.
  • Develop and execute compliance staffing strategy to support forecasted growth (likely a combination of hiring FTE, contractors and third parties).
  • Monitor the competitive and ecosystem landscape to inform strategic decision-making.

Signs you are a good fit:

  • 5+ years of compliance experience, ideally with an emphasis on digital payments, crypto and/or financial services/fintech and at least 2+ years in a BSA / AML management role. Certified Anti-Money Laundering Specialist (CAMS) certification preferred.
  • You demonstrate the ability to hold confidential information and display honesty and high ethical standards.
  • You have a keen ability to define complex problems, draw valid conclusions through research, and define workable solutions.
  • You possess a strong sense of agency and ownership and have demonstrated this in prior roles
  • You have strong attention to detail and ability to multitask effectively while managing competing priorities
  • You’re not afraid of hard work and are result-oriented, thriving when navigating ambiguity in rapidly changing environments

Ansible Labs is an equal opportunity employer.