Compliance Manager

XTransfer; New York (NY); Remote; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Compliance Specialist to enhance its compliance infrastructure. This role involves preparing money transmitter license applications, addressing compliance requests, and conducting risk assessments. The ideal candidate will have over 5 years of experience in BSA/AML and regulatory reporting, showcasing excellent communication skills and an entrepreneurial mindset. With the flexibility to work remotely, this position offers a unique opportunity to contribute to a dynamic team focused on innovative compliance solutions. If you are passionate about compliance in the fintech space, this role is perfect for you.

Qualifications

• 5+ years in BSA/AML, sanctions, and regulatory reporting.
• Strong communication skills and ability to work independently.

Responsibilities

• Assist in preparing money transmitter license applications and renewals.
• Conduct CDD, EDD, and transaction monitoring tasks.

Skills

BSA/AML Compliance

Regulatory Reporting

Risk Management

Excellent Communication Skills

Entrepreneurial Mindset

Education

Bachelor's Degree

Law Degree

Professional Certification (e.g., CAMS)

Job description

Assist in preparing and submitting money transmitter license applications, renewals, and periodic reports. Support the team during examinations and respond to inquiries from regulators.

Liaise with partnered banks and financial institutions to address requests and integrate partners’ compliance requirements into the company’s products and risk infrastructure.

Support the creation of compliance policies and procedures. Help design compliance processes and risk management infrastructure.

Conduct CDD, EDD, transaction monitoring, alert review, SAR filing, and OFAC reporting tasks.

Perform risk assessments and identify compliance risks for new business initiatives and existing operations.

Support global payments licensing applications and compliance work for other countries (such as Canada, Mexico, and LATAM) as needed.

Participate in various ad-hoc projects and tasks as assigned.

The Successful Applicant:

• Minimum of 5 years in BSA/AML, sanctions, regulatory reporting, and money transmission/payment compliance, with at least 3 years in banking, fintech/payments, or cross-border financial services.
• Entrepreneurial mindset—flexible, self-starting, and hardworking—focused on generating innovative solutions to build out the compliance infrastructure.
• Excellent communication skills—oral, written, and presentation.
• Ability to work effectively both independently and as part of a team.
• Bachelor’s degree required; a law degree and relevant professional certification (e.g., CAMS) are preferred.
• Bilingual in Mandarin Chinese is a plus, but not required.

Location:

Ideally based in New York City. We also welcome applications from candidates in California and other states, with the opportunity to work fully remotely.