AML Compliance Officer

RQD* Clearing; New York (NY); Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

UnitedHealthcare medical coverage (emf

HSA and FSA options

Paid Time Off - 20 days/yr

401(k) with strong employer match

Job summary

RQD* Clearing, a hybrid New York clearing firm, is seeking an AML Compliance Officer to strengthen the company’s AML and overall Compliance program. You will review client account documentation, perform CIP, and investigate AML alerts while coordinating SAR filings and sanctions reviews with senior compliance leaders.

The role offers a path to broaden AML experience within a fintech clearing environment, with close collaboration across Legal, Compliance, and Operations teams in a growth-focused

Qualifications

• Experience working in AML/Sanctions compliance at a broker dealer, clearing firm, regulator or financial services firm.
• SAR filing experience
• SIE, Series 7 and 63 (within the first 6 months of joining)
• ACAMS preferred
• 5+ years related experience
• Background working in or subject to rules of DTCC, OCC, SEC, and FINRA
• Experience with CIP, KYC, AML and Sanctions

Responsibilities

• Assist in directing the firm’s regulatory priorities and compliance program
• Serve as the initial point of contact with respect to client on-boarding. This includes: obtaining and verifying client KYC documentation to ensure adherence to all Compliance policies, procedures and regulatory/AML obligations
• Conduct comprehensive internal compliance reviews such as wire and ACH surveillance activity exception reports
• Assist in responding to regulatory inquiries and audits as needed
• Draft and update policies and procedures such as WSPs and AML
• Design and administering of periodic AML, sanctions or regulatory training
• Internal communication and support for operation and development staff
• Involvement in the firm’s SAR filing process
• Research and actively monitor sanctions, AML rules and updates

Job description

Company Overview:
RQD* is a modern clearing firm that offers clearing, custody, and execution solutions designed to meet the needs of today's dynamic market participants. Built entirely on cloud-native, real-time technology, RQD can quickly and seamlessly enhance its platform, adapt to regulatory changes, and offer a more efficient implementation that scales as clients grow. In addition to portfolio margin, RQD supports U.S. equities, options, ETFs, and other securities, catering to broker-dealers and FinTechs, including RIAs, that service retail, institutional, and active traders, foreign financial institutions, and proprietary trading firms. RQD Clearing is proud to be backed by our current investors, ABN AMRO Bank and Nyca Partners, and we are currently in the process of finalizing our Series B round of funding.

AML Compliance Officer
Experience: 5+ Years
Location: New York, NY (Hybrid)
Reporting To: Chief Compliance Officer
Company Overview:
RQD* is a modern clearing firm that offers clearing, custody, and execution solutions designed to meet the needs of today's dynamic market participants. Built entirely on cloud-native, real-time technology, RQD can quickly and seamlessly enhance its platform, adapt to regulatory changes, and offer a more efficient implementation that scales as clients grow. In addition to portfolio margin, RQD supports U.S. equities, options, ETFs, and other securities, catering to broker-dealers and FinTechs, including RIAs, that service retail, institutional, and active traders, foreign financial institutions, and proprietary trading firms. RQD Clearing is proud to be backed by our current investors, ABN AMRO Bank and Nyca Partners, and we are currently in the process of finalizing our Series B round of funding.
This is an opportunity to work for a fintech start-up and to be an integral part of growing a broker-dealer from the ground up. As a small, hardworking team, we pride ourselves on our entrepreneurial culture and cross-team collaboration.
Position Overview:
As we continue to expand our reach, we are seeking an AML Compliance Officer to join our Compliance Team to assist in the expansion and enhancement of our AML and overall Compliance Program. In this position, you will be responsible for reviewing client account documentation, performing CIP, reviewing negative news, conducting follow up with Correspondents, investigating and dispositioning AML alerts, filing SARs, reviewing sanctions and assisting to ensure adherence with regulatory requirements and guidelines. This is a prime opportunity for someone looking to broaden their skillset and expand their compliance knowledge outside of just the AML arena.
Key Responsibilities:

• Assist in directing the firm’s regulatory priorities and compliance program
• Serve as the initial point of contact with respect to client on-boarding. This includes: obtaining and verifying client KYC documentation to ensure adherence to all Compliance policies, procedures and regulatory/AML obligations
• Conduct comprehensive internal compliance reviews such as wire and ACH surveillance activity exception reports
• Assist in responding to regulatory inquiries and audits as needed
• Draft and update policies and procedures such as WSPs and AML
• Design and administering of periodic AML, sanctions or regulatory training
• Internal communication and support for operation and development staff
• Involvement in the firm’s SAR filing process
• Research and actively monitor sanctions, AML rules and updates

Qualifications:

• Experience working in AML/Sanctions compliance at a broker dealer, clearing firm, regulator or financial services firm
• Proactive, self-starter - able to work well under pressure
• SAR filing experience
• Effective communicator - able to interact well with different teams and personalities
• Exceptional writing skills
• 314(a) review experience
• Experience with CIP, KYC, AML and Sanctions
• Background working in or subject to rules of: DTCC, OCC, SEC, and FINRA
• SIE, Series 7 and 63 (within the first 6 months of joining)
• ACAMS preferred
• 5+ years related experience

Helpful, but not required:

• T-SQL + .NET(C#) + Microsoft Azure Stack
• Series 7 and 63
• ComplyAdvantage experience a plus
• Trulioo experience a plus

Why RQD?
We're changing the clearing and custody space for the better, and we're always seeking driven, talented individuals who can help us on that journey. Working alongside our team of clearing professionals means you'll advance your career while helping some of the world's foremost financial institutions transact more efficiently. Best of all, you'll join a firm that is deeply committed to its people, its clients, and the industry at large.
Benefits:

• UnitedHealthcare medical coverage (multiple plan tiers, including HDHP options) - company covers 90% of premium costs, effective your first day of employment. Dental and Vision included.
• Health Savings Account (HSA) and Flexible Spending Account (FSA) options
• Paid Time Off - 20 accrued vacation days/yr, 6 sick days/yr (with carryover), 2 personal days/yr, and 1 volunteering day/yr
• 401(k) with a strong employer match - 100% match on the first 4% of employee contributions, immediately vested

The salary range for this position is $120,000 - $160,000. Actual compensation will be determined based on experience, qualifications, and other job-related factors.Salary Range: $120,000 USD - $160,000 USD
RQD* Clearing is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.