Compliance & Risk Analyst

About Us:
Checkbook enables businesses to access the speed, flexibility and cost savings of digital payments, with the familiarity and simplicity of paper checks. By providing businesses an on-ramp from paper to digital payments, we can effectively onboard customers at any stage of their digital transformation process.
The Role:
Are you ready to be our compliance superhero? As a key player on our Compliance team, you’ll be the first line of defense, safeguarding our business while ensuring smooth onboarding for customers. From meticulously verifying documentation to spotting potential red flags, you'll keep everything running smoothly and in line with the latest regulations. Your adaptability, attention to detail, and proactive mindset will shine as you help navigate the fast-paced world of AML/CFT compliance. If you're a problem solver who thrives on ambiguity and loves collaborating across teams, this is your chance to make a real impact!
Responsibilities:

• Review customer onboarding data to ensure we’re always compliant with local, state, and federal regulations, while following Checkbook’s internal policies and procedures. This includes tasks like verifying identification and ensuring all required documentation is accurate.
• Ensure compliance with federal and state laws, regulations and company policies, and client requirements related to Anti-Money Laundering.
• Evaluate and monitor transactional activity to identify potential suspicious activity.
• Review of OFAC alerts and appropriate disposition and escalation
• Adhere to designated timeframes and procedures to ensure timely and accurate completion of tasks.
• Monitor customer behavior proactively, identifying any red flags or compliance issues, and recommend solutions to mitigate risks and keep operations smooth.
• Maintain up-to-date risk documentation, such as lists of high-risk countries and onboarding requirements, staying ahead of local regulatory changes and industry best practices.
• Assist our Head of Compliance with daily tasks, including crafting responses to regulatory authorities, preparing presentations, and supporting compliance initiatives.
• Keep detailed internal logs, reviewing escalations in real-time and ensuring any compliance concerns are addressed promptly and accurately.
• Collaborate closely with internal stakeholders to enhance the quality and effectiveness of our AML/CFT (Anti-Money Laundering/Counter-Terrorist Financing) framework.
• Stay on the cutting edge by participating in both internal and external programs related to AML/CFT, ensuring you're always learning and growing in your role.
• Jump in where needed, performing additional administrative tasks that help drive the success of the Risk and Compliance teams and keep our business running efficiently.

Requirements:

• Juggling priorities is your strength. You'll need to manage multiple tasks and timelines with ease, keeping everything on track while meeting deadlines.
• 1+ years of experience in Fraud and AML/CFT compliance or investigations—you're comfortable in this space and ready to take on the challenges that come with it.
• Knowledge of AML-related processes, including KYC/CDD/EDD, transaction monitoring or sanctions;
• Experience conducting investigations and filing Suspicious Activity Reports (SARs).
• Thriving in ambiguity is key here—this is a fast-paced, evolving environment where being adaptable and staying cool under pressure is essential.
• Details matter. You have a sharp eye for spotting issues and the drive to get things right the first time.
• You know your stuff. A solid understanding of local laws, regulations, directives, and industry standards is a must. If you’re familiar with upcoming regulations in AML/CTF, that's even better!
• Strong communication, time management, analytical, and investigative skills are essential to thrive in this role. We’ll be looking at these abilities closely during the hiring process.

Benefits & Perks:

• Insurance (Medical, Dental, Vision, LTD, and a variety of other programs)
• 401k
• Equity
• Catered meals (in office)
• Mileage Reimbursement

Variable Base + Bonus + Equity (based on experience)

*Equal Opportunities Employment Statement*
It is our policy to provide equal opportunities for all employees in relation to recruitment, training and promotion. Decisions in these areas will be made only by reference to the requirements of the job and shall not be influenced by any consideration of age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race (including color, nationality and ethnic and national origin), religion or belief, sex or sexual orientation.

If you are interested in applying for employment and need special assistance or an accommodation to use our website to apply for a position, please contact us directly.

** To all recruitment agencies: Checkbook does not accept unsolicited agency resumes. Please do not forward resumes to Checkbook employees. Checkbook is not responsible for any fees related to unsolicited resumes and will not pay fees to any third-party agency or company **