Senior AML Compliance Associate

About our Company:

LemFi (YC S21, Series B) is revolutionizing cross-border financial services for immigrants through its multi-currency platform, processing over $1 billion in monthly transactions. We provide instant remittances, foreign exchange services, and multi-currency accounts, all in one seamless experience.

With 300+ employees across 15+ countries, our platform supports twelve currencies and integrates directly with local banks and mobile money providers, ensuring fast, low-cost transactions. But we’re not stopping at payments. LemFi is building a comprehensive financial ecosystem empowering immigrants with the financial tools they need to thrive—wherever they go.

Our vision: To build the first full-stack financial services hub for the world’s immigrant population. 🚀

Who you are:

You are a candidate who would thrive in a fintech startup environment like ours, where we readily accept individuals with a humble, yet uplifting attitude alongside a diligent sense of work ethic. The teams here at LemFi are passionate about their work and expertise, but also lend hands on cross-functional responsibilities to ensure the success of the company and the satisfaction of our clientele.

Job Summary:

The role of Senior Compliance Associate, reporting to the Function Head, is a fully remote position within LemFi’s Compliance team.

In this role, you should have an advanced demonstrated knowledge of global AML/CFT compliance program requirements and best practices with, at minimum, 3 years in a compliance role.

This role will be responsible for overseeing the day to day leading of the Transaction Monitoring team, under the guidance of the Financial Crime Team Lead and Financial Crime Manager.

Responsibilities are as follows:

• Ability to apply risk-based AML/CFT/sanctions compliance knowledge when approving customer requests and actioning alerts;
• Ensure tracking logs are updated;
• Conduct fraud and AML case investigations;
• Conduct thorough reviews of transaction monitoring alerts;
• Provide AML compliance and operational guidance to Analysts;
• Provide management with ongoing, insightful updates and data metrics on compliance operational tasks;
• Escalate concerns and urgent matters to Compliance Management;
• Perform enhanced due diligence on higher-risk customers and provide recommendations on the customer relationship to the Compliance Officer;
• Engage in cross-functional responsibilities and assist the Team Lead, Unit Manager and Compliance Management on an ad hoc basis where needed;
• Actively develop and maintain knowledge of AML and criminal trends, methods and typologies, and subsequently apply these to the assessment of customer identification, verification, and behavioural data to identify unusual activity;
• Manage KPI and work shift schedules for the team.

Requirements:

• Minimum 4 years of total AML/Compliance experience.
• Comprehensive knowledge of global regulatory requirements
• Attention to detail and exceptional organisational skills;
• Ability to thrive as part of a team and be an empowering, constructive and considerate colleague;
• Ability to take ownership of your work product and consistently deliver results in a high case volume production environment;
• Fantastic communication skills, both verbal and written including the ability to produce high spec PowerPoint presentations;
• Data and analytical skills, including proficiency with Microsoft Excel and the ability to perform data analysis;
• Ability to learn new technologies and systems;
• Adaptability to global operational needs and ability to work in a rapidly changing business and regulatory environment.

Desirable:

• Team leader experience
• Knowledge of the AML regulatory requirements and developments within the United States, Canada, and Nigeria.
• CAMS certification (or equivalent)