Compliance Specialist - Fiserv (Hawaii)
What does a great Compliance Specialist do?
The Compliance Specialist will manage Client onboarding and the periodic review processes while ensuring adherence to the applicable Know Your Customer (KYC) policy as well as the Bank Secrecy Act/ Anti-Money Laundering (BSA/AML) Compliance Program(s). The Compliance Specialist will have a deep understanding of the end-to-end and ongoing diligence requirements, and is well versed with the various state and federal regulations that dictate these requirements (e.g., USA PATRIOT Act, Bank Secrecy Act, Anti-Money Laundering statutes, etc.). The Compliance Specialist reports directly to the Compliance Director while also being tightly integrated with various lines of business throughout Fiserv, including Payments and Digital Solution as well Global Business Solutions.
As a Compliance Specialist, you can look forward to:
+ Performing Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) as part of the KYC on-boarding process;
+ Collect and analyze client information, often sensitive, from a large variety of industries, across a vast range of
+ products;
+ Identify complex ownership structures, ultimate controllers, controlling parties;
+ Analyze corporate structures and validate documentation to ensure compliance with internal procedures;
+ Review open source data and adverse media in order to manage and mitigate the risk of being involved in money
+ laundering, financing terrorism or other illegal activities and analyze results to eliminate or confirm matches;
+ Maintain detailed tracking of workload to ensure completion within required timeframes;
+ Promptly respond to stakeholder inquiries and assist with problem resolution;
+ Prioritize urgent and sensitive requests accordingly;
+ Work closely with various teams to render policies / procedures are clear, while preserving risk control strength
+ Manage multiple expectations of business partners and sales teams; and
+ Develop and conduct training for business partners and sales teams when necessary.
Basic Qualifications for Consideration:
+ Bachelor’s Degree
+ 4+ years of experience involving financial crimes investigations within a Fintech, money services business
+ or financial institution.
+ Ability to establish and maintain harmonious working relationships with co-workers and other business units;
+ Strong analytical skills required - ability to problem solve, conduct investigations, review and analyze data, locate its
+ source, and develop and recommend solutions;
+ Ability to communicate across levels of seniority;
+ Demonstrate a consistent approach to research and analytics, and the ability to thoroughly and concisely articulate
+ for conclusions reached;
+ Working knowledge of applicable laws, regulations, and guidelines (e.g., BSA, OFAC, NACHA, Payment Network
+ rules and regulations); and
+ Present demonstrations for both internal and external auditors and examiners.
Preferred Qualifications:
CAMS, CFE, CRCM or Equivalent
Clear, concise communication style (written and verbal); demonstrates engaged listening skills; able to maintain
composure in a fast-paced, highly structured, deadline driven environment.
Experience with financial crimes compliance systems, technologies and processes, especially AML transaction monitoring typologies and rules.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Learn more about Fiserv:
To support the total well-being of our associates, Fiserv takes a broad approach to our benefits. We offer a comprehensive benefits package that provides flexibility and affordability with a variety of medical, dental, vision, life insurance and disability options.
We are #FISVProud of our benefits and well-being programs. Our commitment to wellness, wellness education, preventive services and fitness activities are designed to meet you where you are.
Life moves fast. And as it does, we know most people aren’t thinking about “financial services”. But we are.
We help people and businesses move money and information every minute of every day. Our solutions connect financial institutions, corporations, merchants and consumers to one another, millions of times a day, behind the scenes, reliably and securely.
We’re Fiserv, a global leader in Fintech and payments enabling innovative financial services experiences that are in step with the way people live and work today. The company’s approximately 44,000 associates proudly serve clients in more than 100 countries, so their customers, members and consumers can move money when and where they need it, at the point of thought.
Our Aspiration is to move money and information in a way that moves the world. As a FORTUNE™ 500 company and one of FORTUNE Magazine World’s Most Admired Companies for the seventh consecutive year, we are committed to excellence and purposeful innovation.
We welcome and encourage diversity in our workforce. Fiserv is an Equal Opportunity Employer (People of Color/Females/Vets/Disabled/LGBT)
Explore the possibilities of a career with Fiserv and Find Your Forward with us.
* This article was originally published here
