Payments Risk & Compliance Oversight Analyst

Axelon Services Corporation; Johnston (RI); On-site; USD 80,000 - 110,000; Full time

Job summary

Axelon Services Corporation is seeking a risk and compliance professional to oversee Commercial Third-Party Deposit Partners and ensure AML, OFAC, and NACHA compliance across multiple jurisdictions including Rhode Island.

You will monitor governance activities, review partner risk reports, and conduct risk-based testing while coordinating with AML, relationship management, and audit teams to remediate issues and strengthen controls.

Qualifications

• Minimum 2 years of experience in payment operations, risk management, compliance, AML, fraud, or third-party risk management.
• Experience analyzing operational, compliance, financial, and fraud-related risks.
• Bachelor’s degree in Business, Finance, Risk Management, Compliance, Accounting, Criminal Justice, or equivalent experience.

Responsibilities

• Ongoing monitoring, risk oversight, and governance of Commercial Third-Party Deposit Partners (CTPDPs).
• Execute monthly, quarterly, and ad hoc oversight activities to identify, assess, escalate, and document risks.
• Serve as a liaison between partners, relationship management, risk management, AML, and other stakeholders.
• Review monthly partner risk reports and conduct oversight reviews covering AML and compliance issues, OFAC screening results, fraud events, and unusual activity referrals.
• Escalate identified risks, control deficiencies, or material issues to stakeholders.
• Analyze risk indicators and escalate when thresholds are exceeded.
• Review sanctions/adverse media screening results and support remediation efforts.

Skills

Risk management

AML

Investigation

Data analysis

Education

Bachelor's degree in Business/Finance/Risk

Job description

Axelon Services Corporation is seeking a risk and compliance professional to oversee Commercial Third-Party Deposit Partners and ensure AML, OFAC, and NACHA compliance across multiple jurisdictions including Rhode Island.

You will monitor governance activities, review partner risk reports, and conduct risk-based testing while coordinating with AML, relationship management, and audit teams to remediate issues and strengthen controls.