Compliance Analyst - Columbus, OH

As a Compliance Analyst at River, you will implement and update Anti-Money Laundering (AML) compliance policies, support case investigations with Client Services and Finance, and perform compliance outreach to clients while meeting regulatory obligations. Your role will also involve analyzing client activity data to identify trends, collaborating with Product and Engineering teams for process automation, maintaining compliance records, producing Suspicious Activity Reports (SARs), and reporting on AML/BSA compliance progress to leadership.

River is looking for candidates who possess a strong sense of ownership, excellent communication skills, and an interest in risk and bitcoin. While prior compliance experience is not a requirement, a demonstrated interest in developing your data and risk management skills is essential. Successful candidates will also have a positive attitude, a dependable work ethic, and the ability to prioritize effectively in a fast-paced environment.

At River, we are committed to the growth of our team members. As a Compliance Analyst, you'll have access to learning opportunities that foster the development of your skills in compliance, risk management, and data analysis. We encourage collaboration between our teams, giving you the chance to work cross-functionally and gain insights into various aspects of the fintech industry, which contributes to your professional development.

The salary for a Compliance Analyst at River ranges from $70,000 to $85,000 annually. In addition to competitive compensation, we also offer equity options and a comprehensive benefits package, including unlimited PTO, medical, dental, and vision insurance, and a 401k plan. This demonstrates our dedication to providing a supportive and rewarding work environment.

The interview process for a Compliance Analyst at River includes an introductory interview, a role-specific interview block with two employees, a prompted writing sample, and a culture and executive interview with leadership, including our founder/CEO. This comprehensive approach ensures that we find candidates who resonate with our values and fit well into our dynamic company culture.

To effectively answer this question, highlight your knowledge of AML regulations and their importance in the financial industry. Discuss the significance of compliance in preventing financial crimes, such as money laundering and terrorism financing, and mention key AML practices that ensure adherence to legal standards. This demonstrates your preparedness for a role focused on compliance.

In responding to this question, emphasize the importance of following established protocols for reporting suspicious activities. Explain how you would gather necessary information, document your findings, and escalate the matter to the appropriate personnel while maintaining client confidentiality. This shows your understanding of compliance processes at River.

Highlight your data analysis skills by mentioning specific tools or methodologies you plan to use. Discuss your approach to identifying trends in client activities and your ability to translate data into actionable insights for compliance purposes. This illustrates your data-driven mindset and analytical capabilities.

When answering this question, provide a specific example from your past experience where you encountered a challenging issue. Explain your thought process, the steps you took to resolve it, and the positive outcome. Use this opportunity to showcase your critical thinking skills and problem-solving capabilities relevant to the Compliance Analyst role.

Discuss your time management techniques and how you assess task importance based on deadlines and urgency. Describe a scenario where you successfully managed multiple priorities and met all requirements. This demonstrates your ability to thrive in River's fast-paced fintech atmosphere.

Express your understanding of River’s dedication to becoming the most trusted financial institution powered by bitcoin. Mention specific aspects of the company’s ethos, such as its innovative products and commitment to client satisfaction. This not only shows your enthusiasm for the role but also your alignment with River's values.

Share a specific situation where you successfully simplified complex information for clients. Explain your communication methods and how you ensured they understood the content. Highlighting strong communication skills is vital for the Compliance Analyst position at River.

Be sure to articulate your passion for the fintech industry and, more specifically, for bitcoin. Discuss how River's mission resonates with your career goals, and mention any relevant experiences that have prepared you for the Compliance Analyst role. Your answer should reflect genuine enthusiasm for the company and its objectives.

Discuss the resources or methods you utilize to keep your knowledge up to date, such as attending industry webinars, reading relevant publications, or participating in professional organizations. This answers the question effectively and shows your commitment to continuous learning in compliance.

Reflect on your experiences collaborating with others in previous roles. Provide examples where teamwork led to successful outcomes, and emphasize your ability to communicate effectively and contribute positively to a team setting. This is key for collaboration across different teams at River.