Anti-Money Laundering Operations Associate

LemFi (YC S21) is developing a modern bank for the African diaspora in North America, Europe, and the UK. We offer our customers a multi-currency account that enables them to store, send, and receive money from Africa in any currency for their business and personal banking needs. Who you are: You are an enthusiastic and driven individual who would excel in a fintech startup setting like ours. Our teams at LemFi are enthusiastic about their work and areas of expertise, but also take on cross-functional responsibilities to ensure the company's success and our clients' satisfaction. Job Summary: The role of AML Operations Associate, reporting to the Customer Due Diligence Manager, is a fully remote position within LemFi's global Compliance team. In this role, you should be generally familiar with standard global AML/CFT compliance program prerequisites and best practices. The ideal candidate should have a background of three years in an AML compliance operational role involving simplified or enhanced due diligence (EDD), transaction monitoring, and general case investigations related to red flag behaviors or suspicious activities. Please note: this role will occasionally require rotating evening and/or weekend shifts. You must be willing to meet this requirement, if assigned. Responsibilities include the following: - Ability to apply risk-based knowledge when approving customer requests; - Ensure tracking logs are updated; - Provide management updates and data metrics on compliance operational tasks; - Escalate concerns to Compliance Management; - Perform enhanced due diligence on higher-risk customers and provide recommendations on the customer relationship to the Compliance Officer; - Act as a key contact and lead on the firm's partner due diligence program; - Participate in cross-functional responsibilities and assist the Compliance Officers where needed; - Actively develop and maintain knowledge of AML and criminal trends, methods and typologies, and apply these to the assessment of customer identification, verification, and behavioral data to identify unusual activity. Requirements: - University degree or equivalent experience; - 3 years experience in an AML operational role at a fintech or financial institution; - Experience with daily AML operational tasks such as KYC and ID verification, EDD, and transaction monitoring clearing and decision-making; - Risk-based decision-making skills and the ability to act independently and self-motivate; - Proficient in Microsoft Office Suite or Google Sheets; - Excellent analytical, investigative, verbal and written communication skills, particularly in English; - Exceptional organizational skills and fine attention to detail; - Ability to manage various priorities on a daily basis, take ownership of work product without continuous guidance, and consistently deliver results; - Adaptability to global operational needs and ability to work in a fast-changing business and regulatory environment.