AML/FIU Compliance Analyst I

The AML/FIU Compliance Analyst I is part of Tipalti’s Financial Intelligence Unit (FIU) which is responsible for anti-money laundering, counter-terrorist financing, and sanctions-related cases and projects. The successful candidate needs to have strong investigative skills, the ability to work independently, the willingness to work cases across the various lines of business, and is adaptable to change. This position requires strong leadership, prioritization, and analytic skills, a willingness to tackle new and difficult challenges, and taking ownership of the learning process. In addition, the candidate needs to demonstrate extensive compliance knowledge in working on AML/OFAC-related issues, the ability to exercise sound judgment and to observe the highest degree of confidentiality in the handling of information received in the course of their responsibilities.

 

Why join Tipalti?

Tipalti is one of the world’s fastest-growing fintech companies. We free finance professionals to lead by modernizing the entire payables operation. We are a well-funded, late-stage start-up backed by high-profile investors. Our 2021 Series F funding round raised $270 million, valuing us at over $8.3 billion. With total funding of just over $550 million, and with more than 3000 global customers, Tipalti is one of the most valuable private fintech companies in the world.

At Tipalti, we pride ourselves on our collaborative culture, the quality of our product and the capabilities of our people. Tipaltians are passionate about the work they do, and keen to get the job done. Tipalti offers competitive benefits, a flexible workplace, career coaching, and an environment where diverse individuals can thrive and make an impact. Our culture ensures everyone checks their egos at the door and stands ready to reach for success together. 

Founded in Israel in 2010, Tipalti is a global business headquartered in the San Francisco Bay Area (Foster City) with offices in Tel Aviv, Plano, Toronto, Vancouver, London, Amsterdam and Tbilisi.

In this role, you will be responsible for:

• Conduct alert analysis and ensure red flags are properly identified.
• Analyze transactional data, and conduct internal and external research on subjects using a variety of research tools.
• Complete the investigation process based on suspicious activity alerts and manual referrals.
• Ensure the relevant analysis is accurate, negative news is dispositioned, relevant analysis is accurate and sufficient, and supporting documents are saved.
• Complete analysis of transnational information to identify risks, trends, and potential suspicious activity.
• Interface with staff to obtain information related to their clients' transaction activity.
• Finalize Suspicious Activity Referrals by collecting and reviewing supporting information.
• Generate FIU-related reports by performing query reports, and downloading analysis reports.
• Ensure timely review of FIU cases by reviewing and inputting results of investigation into the case management system.
• Make recommendations based on investigation results and escalate alerts that warrant further investigation.
• Report results from monitoring activities, as well as relevant metrics.
• Identify and present findings on potentially suspicious activity to management by providing write-ups for the SAR narrative section.
• Establish effective working relationships with internal teams and client stakeholders.
• Demonstrate an understanding of applicable AML laws, regulations, and industry standards.
• Apply a working knowledge of and practical experience with transaction monitoring systems.
• Articulate findings in a clear, concise manner that considers the client’s risk appetite.
• Meet production targets and quality standards.
• Maintaining a strong level of independence, organizational and time management skills with a high focus on attention to detail.
• Understanding and applying procedures, including procedural changes throughout the engagement, into the investigation.
• Other duties and responsibilities as required or assigned.

About you 

• Bachelor’s degree required.
• Proven experience in AML/OFAC investigations.
• Sound understanding of AML/CTF laws, regulations, and best practices.
• A sense of urgency and aptitude for multi-tasking, quickly identifying issues, and escalating to the appropriate level for resolution.
• Great problem-solving skills, and the ability to deliver results proactively, resourcefully, and methodically.
• Strong writing, research, and analysis/investigation skills; capability to document relevant information in a clear, structured and comprehensive way.
• Familiarity with Google and Microsoft products.
• Excellent team player with a strong work ethic.
• Successful as a self-starter and in team environments.
• Strong interpersonal communication and emotional intelligence.
• Communicates in a clear, accurate, persuasive, and confident manner.
• An ability to work in a fast-paced and dynamic environment.
• Active CAMS certification is desired but not required.

Tipalti is posting this job opening for and on behalf of SDS (Cyprus) Limited and/or SDS Tbilisi Limited, LLC (both are hereinafter referred to as “SDS”). Any potential employment and/or consulting arrangements entered into, as it relates to this job opening, will be between you and SDS. Tipalti shall not be held responsible for the information and contents contained in this job posting, or for any issues arising out of or related to this job posting.