Job Description
Onbe, a fast-growing FinTech, bringing innovation to a rapidly growing global marketplace, stands for “on behalf.” Because that’s exactly how we work: on behalf of our clients, as their comprehensive payments partner. We transform the way payments are imagined — as an opportunity for innovation, a source of insight to customers, and a way to connect with partners around the globe!
Summary: This is a temporary contract with an expected 3-month duration (with possibility to extend). This contract position pays $22/hour. This role will complete the day-to-day operations of Onbe’s Anti-Money Laundering (AML) and Watchlist Management Program.
Responsibilities
- Engages with client-facing teams and prospective clients to collect required documents to complete due diligence.
- Maintains client intake and serves as the first line of defense in answering client questions relating to Compliance’s due diligence requirements.
- Compiles information and documentation required to meet minimum record-keeping requirements.
- Conducts due diligence on clients, including identifying and verifying corporate structure, identifying the beneficial owner and controlling officers as required, and retrieving supplemental information about customers as required by law to conduct due diligence optimally.
- Assists with engaging client-facing teams on issuing banks due diligence requests/questions, and advances to AML leadership for review as appropriate.
- Performs periodic research on customers' activities, using the public domains, online tools, and Onbe's AML monitoring solutions.
- Adjudicates KYC and Watchlist alerts.
- Monitors and maintains AML compliance training and communication plans.
- Collects documentation, client data, and reports for regulatory and compliance audits.
- Participates in developing, amending, and implementing policies, procedures, manuals, systems, and training, where appropriate, due to changes in regulation, industry practice, or otherwise.
- Prepares SAR referrals (Suspicious Activity Reports) on suspicious transactions, clients, or activity for submission to FinCEN by our Issuing Bank partners.
- Maintains awareness of Regulatory Compliance trends and developments in the industry.
Qualifications
- 1-2 years of tangible work or internship experience in operations, customer service, or a financial service organization
- Ability to take direct ownership of projects.
- Organized with a keen eye and attention to detail.
- Excellent written and verbal communication.
- Proficiency in Microsoft Excel
- Experience with technology solutions relating to AML compliance a plus
This is a temporary position for a 3-month contract.
This position can be office-based, hybrid, or fully remote in the continental United States. Onbe’s employee base is mostly clustered in the Eastern and Central time zones, with offices in suburban Philadelphia and suburban Chicago. Some periodic travel may be required.
At Onbe, a diverse group of people, ideas, and perspectives are key to achieving phenomenal things. For over 25 years, our focus has remained on building a culture of openness and ingenuity, where employees come together to innovate and build disbursement solutions that make the lives of our clients and their consumers and workforces easier and better. Our definition of success includes celebrating differences and affirming belonging. To that end, we ask employees to come to Onbe as they are and contribute their diverse perspectives, identities, and experiences.
We believe that the recruiting phase is only the very beginning of diversity and inclusion. At Onbe, we’re constantly evolving the way we celebrate diversity every day and in everything we do. With several internal committees that are dedicated to mental and physical wellness, diversity, inclusion, and community outreach, we are committed to making a culture that is inclusive to all.
Onbe is proud to be an equal opportunity employer. We seek out ways to create a mindful workforce that embraces diversity and celebrates a culture of inclusion. We do not discriminate against employees or job applicants on the basis of race, color, ancestry, national origin, sex (including pregnancy), gender identity, sexual orientation, marital or family status, religion, age, disability, genetic information or military service. Our equal opportunity policy applies to all decisions of employment including hiring, placement, promotion or advancement, termination, layoff, recall, transfer, compensation, training and leaves of absence
Date Posted
08/02/2023
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