Toast offers remote and hybrid work flexibility. Our Legal & Compliance teams are primarily concentrated in Boston, Chicago, New York, Washington, DC, and San Francisco. Candidates residing in these areas will benefit from closer proximity to colleagues and greater access to company resources and events.

Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy.

Toast, Inc. seeks a dedicated BSA/AML Analyst II to join the BSA Officer and Program Lead in ensuring that the company meets all relevant laws and requirements domestically and internationally through a robust Financial Crimes Compliance program.  The BSA/AML Analyst II will be responsible for analyzing and reporting unusual activity and performing day-to-day operational functions, as well as providing strategic support, to drive program initiatives surrounding regulatory adherence in addition to the detection, mitigation, and reporting of financial crimes. 

About this roll* (Responsibilities)

• Monitor, investigate, and report suspicious activity to FinCEN per regulatory requirements and escalate unusual activity to Sponsor Banks when necessary.
• Perform Enhanced Due Diligence on applicants engaging in nonstandard behavior. 
• Provide sign-off for new partner diligence requests after vetting procedures.
• Review alerts and customer profiles flagged via automated screening software. 
• Assist in updating Financial Crimes Compliance procedures related to investigations, Suspicious Activity Monitoring and Reporting, Sanctions Screening, Internal Escalations, etc.
• Participate in Quality Control initiatives surrounding investigation processes and transaction monitoring currently worked by Fraud teams.
• Provide day to day support in pursuit of maturing the investigations/operations team to develop commensurate with Toast’s growth into additional markets/products. 
• Provide Subject Matter Expertise to internal stakeholders regarding financial crime regulation and best practices.
• Facilitate external audit, testing, and examination requests.

Do you have the right ingredients*? (Requirements)

• Typically requires a Bachelor’s degree and a minimum of 2 years of related experience in a  BSA/AML role, preferably in a fast-paced FinTech environment; or an advanced degree without experience; or equivalent work experience
• Track record of career growth and commitment to taking on new responsibilities
• Demonstrated track record of self-sufficiency and ability to lead projects independently with little oversight.
• Strong working knowledge of Financial Crime typologies and relevant regulations.
• Strong communication (both written and verbal) and organizational skills
• Detail-oriented with the ability to meet firm deadlines.

 

Special Sauce* (Nice to Haves)

• Certified Anti-Money Laundering Specialist (CAMS)
• Familiarity with SQL, Looker, or Snowflake
• Experience navigating LexisNexis’ Bridger software
• Experience with Alloy software

 

Our Spread* of Total Rewards

We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits.

 

*We love a great bread/food pun

#LI-REMOTE