Director AML Compliance

Teamtalentus; United States; Remote; USD 160,000 - 198,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) match

Career development

Remote-friendly

Job summary

Paylocity, a leading cloud-based HR and payroll software provider, is seeking a Director of AML Compliance to govern anti‑money laundering across money movement products. You will advise Risk Mitigation and ensure AML controls align with policy and strategy, maturing governance and facilitating cross‑functional collaboration across the enterprise.

The role emphasizes strong regulatory knowledge, leadership of a governance committee, and proactive risk management.

Qualifications

• Bachelor's degree in finance, accounting, or similar field required.
• Master's degree preferred.

Responsibilities

• Oversee Paylocity’s AML Program to maintain compliance with AML regulations and reporting requirements.
• Serve as Paylocity’s AML Compliance Officer.
• Lead Paylocity’s AML Governance Committee and interact with Senior Management on regulatory trends and program enhancements.
• Monitor know‑your‑client initiatives and due diligence frameworks for AML compliance.
• Advise on risk assessments, financial profiling, and due diligence programs.
• Collaborate cross-functionally with Product, Technology, Sales, Risk, Legal and others to drive AML compliance across the enterprise.
• Provide guidance on new business initiatives and products regarding AML policy applicability.
• Monitor money movement regulations to inform policies and actions for regulatory compliance.
• Advise on fraud prevention and monitoring controls.
• Train stakeholders on AML regulations as needed.
• Participate in industry consortiums on AML and credit/fraud risk.

Education

Bachelor's degree in finance or accounting

Master's degree preferred

Job description

Job Type

Full-time

Description

Paylocity is an award-winning provider of cloud-based HR and payroll software solutions, offering the most complete platform for the modern workforce. The company has become one of the fastest-growing HCM software providers worldwide by offering an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build a strong workplace culture.

While traditional HR and payroll providers automate basic HR processes such as payroll and benefits administration, Paylocity goes further by developing tools that HR and businesses need to compete for talent and deliver against the expectations of the modern workforce.

We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.

When you feel like you belong, work is no longer work – it's personal. At Paylocity, we believe better employees lead to better companies. Workplaces and cultures that care will build the future, and at Paylocity, we’re doing just that. Join us as we change the future and transform your career!

There are jobs and then there are careers. Since 1997, Paylocity has been hiring talented people, giving them big challenges, and providing the right resources to help them succeed. Our award-winning culture ensures all employees feel truly welcome, appreciated, and free to be themselves. While other companies talk about it, we make it happen. Join Paylocity and launch your career!

This is a fully remote position, allowing you to work from home or location of record within the U.S. with no in-office requirements. You must be available five days per week during designated work hours. The work arrangement for this role is subject to change based on business needs and individual performance. This may include adjustments to on-site requirements or schedule expectations, as necessary.

Position Overview

The Director of AML Compliance is responsible for Anti-Money Laundering (AML) governance across all money movement products offered to clients. This role is also responsible for advising the Risk Mitigation function to ensure activities around client credit risk management, client due diligence procedures, anti-fraud risk and control oversight, align to the AML policy and overall strategy. This role is a leader in maturing and enhancing our controls and governance around AML compliance.

Primary Responsibilities

The below represents the primary duties of the position, others may be assigned as needed. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Oversee Paylocity’s AML Program to maintain compliance with AML regulations and relating reporting requirements
• Serve as Paylocity’s AML Compliance Officer
• Responsible for leading Paylocity’s AML Governance Committee. Interact with Senior Management to raise awareness of compliance or regulatory trends, emerging issues, or enhancements to the program; oversee preparation of materials for the relevant AML or risk committees
• Monitoring “know-your-client” initiatives and framework around customer due diligence programs for AML compliance
• Utilize industry best practices and other statistical tools to advise on risk assessments, financial profiling and other due diligence programs
• Appropriately assess risk, demonstrating particular consideration for the Company’s reputation driving compliance with applicable laws, rules and regulations, applying sound ethical judgment and business practices, and escalating, managing and reporting issues with transparency.
• Be a champion cross functionally with teams including Product and Technology, Sales, Risk Mitigation, Banking, Legal, Operations and Government Relations to drive success across the enterprise in relation to AML Compliance
• Provide advice to the businesses on an ongoing basis on new business initiatives, new products, business acquisitions, and client-related matters with respect to applicability of policies or other AML compliance risks.
• Monitor money movement regulations to inform policies and actions to ensure regulatory compliance
• Advise to mature programs around fraud prevention, detection and monitoring of controls
• Apply subject matter expertise and institutional knowledge of AML regulations to inform “know-your-client” initiatives and responsible for AML compliance training on various regulations to all stakeholders, as needed
• Be involved in industry specific consortiums on the topic of AML, “know-your-client” and credit/fraud risk

Education and Experience

• Bachelor's degree in finance, accounting, or similar field required (Master's degree preferred)
• At least 10 years of experience in leading AML compliance within payroll, banking or FinTech
• Demonstrated ability to synthesize and prioritize
• Demonstrated interpersonal, organizational and analytic skills
• Ability to collaborate and work cross functionally
• At least 5 years of experience leading/managing teams

Paylocity is an equal-opportunity employer. Paylocity is committed to the full inclusion of all individuals. We recruit, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. At Paylocity, we believe diversity makes us better.

We embrace and encourage our employees’ differences in age, culture, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion or spiritual belief, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique. We actively cultivate these differences through our employee resource groups (ERGs), employee experiences, perspectives, talents, and approaches to drive innovation in the software and services we provide our customers.

We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact [e-mail]. This email address is exclusively designated for such requests, aligning with federal and state disability laws. Please do not send resumes to this email address, as they will be removed.

The base pay range for this position is $160,000 - $197,700 /yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position is eligible for an annual bonus and restricted stock unit grant based on individual performance in addition to a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location.