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Compliance Associate

San Francisco, CA

OFX is continuing to hire with most interviewing and on-boarding done virtually due to COVID-19. We welcome conversations around flexible working arrangements for this role. Please indicate in the application questions what working arrangements would be your preference.

G'Day. Nice to meet you. We're OFX, a global provider of online, international payment services for our personal, business and partner customers. Founded 20 years ago and headquartered in Sydney, OFX has grown to become a truly global company. We're now trusted by customers all around the world and have grown to over 350 employees with offices in Sydney, London, San Francisco, Toronto, Auckland, Singapore and Hong Kong. We are a publicly-listed company, listed on the Australian Stock Exchange (ASX: 'OFX')

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Purpose of your role:
The Compliance Associate is a key member of the global Compliance team, providing advice to Commercial and other teams at OFX and executing the Compliance Program.

The Compliance Associate will be responsible for reviewing customer documents, conducting complex transaction and customer reviews, preparing regulatory reporting, providing advice to OFX's Commercial teams and monitoring to identify unusual activity in accordance with OFX's AML/CTF program.

What you do:
  • As a member of the global Compliance function, work closely with Compliance teams based in other locations.
  • Conduct compliance monitoring and review complex transactional or customer cases.
  • Work closely with Commercial, Operations and other teams, providing advice from a Compliance perspective.
  • Investigate and clear alerts from screening systems (PEP, sanctions, adverse media, fraud).
  • Respond to queries from bank partners and other external stakeholders.
  • Prepare regulatory reporting and support regulatory engagement and audits.
  • Work closely with the Quality Assurance Team to enhance and documents our processes and procedures.
  • Support compliance monitoring and assurance testing.
  • Escalate concerns of potentially suspicious activity.
  • Act as an ambassador for and promote the best interests of OFX at all times, including the promotion of OFX company values.
  • Perform other duties as assigned.
What you bring:
  • 2 years + experience in Compliance within financial services.
  • Bachelor's degree.
  • CAMS certification a plus.
  • Understanding of US anti-money laundering regulations within the banking/financial services industry and the PCMLTFA in Canada.
  • Strong communication skills, both written and verbal, and attention to detail.
  • Ability to work in a dynamic environment where priorities can change.
  • Diligence, honesty and reliability.
What you bring:
Knowledge, skills, experience
  • 3+ years' experience in a similar role in Risk and Compliance within the financial sector.
  • Experience identifying and managing risks and ensuring appropriate controls are in place.
  • Knowledge of current AML/CTF, Risk, Anti-Fraud and broader financial services obligations and frameworks.
  • Adept at operating in a global collaborative environment.
  • Problem solving and solution design.
  • Ability to prioritise work and resources, keeping business objectives at the forefront of the decision-making process.
  • Strong external and internal stakeholder management skills.
  • Strong communication skills, both written and verbal.
  • Ability to maintain high standards of accuracy and work under pressure to achieve deadlines.
  • Demonstrated self-initiative and ability to work unsupervised.
What it's like working at OFX:
We're OFXers because we want to make a difference. We see challenges as opportunities and we're not afraid to roll up our sleeves to get stuff done. We're committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team, cross-functionally and globally to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

Global markets move fast and so do we. We work across borders and time zones, which helps make the world feel a little smaller. From San Francisco, Toronto to London, Dublin, Sydney, Auckland, Hong Kong & Singapore, there's always a colleague to help.
  • We promote an environment of reward and recognition, OFXers are encouraged to celebrate their peers' effort, technical expertise or support through a range of channels and awards.
  • Giving back, we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual Make a Difference (Volunteer) Day, that OFXers can use together or individually.
  • We have a strong and diverse workforce and we're committed to further developing this workplace culture to create an environment of trust, mutual respect and teamwork. We're proud of the breadth of cultural diversity represented by our employees and we aim to celebrate this each year by engaging in employee activities across our offices.
  • Always keep learning. Drive your own learning with LinkedIn learning, which all OFXers have access to. We offer a variety of other learning programs and encourage cross functional and soft skill learning.
  • We take pride in having a work/life balance and flexibility; we encourage employees to work productively and efficiently. Our OFXers enjoy Birthday leave to celebrate their birthday however they choose.
  • Our Good Vibes employee-led committees organise events to keep our employees engaged inside and outside the office. Whether it's participating in our team social events, end of year celebrations (currently being hosted virtually). Our team wants you to feel welcome.
Job ID: ofz-839
Employment Type: Other

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