Compliance Manager

As a Compliance Manager at MAJORITY, you will be responsible for developing and implementing compliance programs focusing on BSA/AML, KYC, and sanctions screening. You will collaborate with different teams and third parties to ensure adherence to legal requirements and organizational standards. This role involves leading compliance testing, reporting, and synthesizing inputs to make informed decisions.

To be considered for the Compliance Manager position at MAJORITY, you should have 5-10 years of experience in advising businesses on AML/KYC processes and a solid background in compliance testing and audit programs. A bachelor's degree, along with certifications like CAMS or CRCM, will strengthen your application. Familiarity with fintech and AI tools is also advantageous.

MAJORITY values ongoing professional development for its Compliance Managers through training programs, access to industry resources, and a culture of continuous learning. This encouragement to grow not only helps you refine your skills but also contributes to the overall success of our compliance initiatives.

Working at MAJORITY means being part of a diverse and passionate team dedicated to empowering migrants. The culture at MAJORITY emphasizes collaboration, innovation, and a commitment to making a difference. As a Compliance Manager, you will be valued for your insights and expertise while working in a supportive environment.

As a Compliance Manager at MAJORITY, you can have a significant impact by ensuring robust compliance processes that protect our customers and enhance our reputation. Your efforts in developing effective policies and governance will directly contribute to our mission of empowering migrants and helping them achieve their goals.

When answering this question, highlight specific projects or programs you've managed in AML and KYC compliance. Discuss methodologies you implemented, challenges faced, and the outcomes achieved. Make sure to emphasize your role in fostering a culture of compliance within teams.

Discuss your strategies for staying current with industry regulations, such as attending seminars, participating in webinars, and joining industry groups. Mention any relevant publications or websites you follow to enhance your knowledge of compliance trends and practices.

Explain your approach to creating compliance testing strategies, including risk assessments, resource allocation, and performance metrics. Share a specific example of a compliance audit process you’ve led and how it contributed to organizational goals.

Use the STAR method (Situation, Task, Action, Result) to outline a compliance challenge you encountered. Be specific about the steps you took to resolve the issue, the stakeholders involved, and the impact of your actions on the organization.

Highlight your communication strategies such as regular training sessions, the creation of user-friendly compliance documentation, and utilizing technology to foster engagement. Provide examples of successful collaboration with teams to implement compliance policies.

Discuss specific compliance tools or software systems you have experience with, such as transaction monitoring systems, risk analysis tools, or case management platforms. Highlight how these technologies improved the compliance processes you were involved in.

Describe your systematic approach to addressing discrepancies, which may include investigation, stakeholder communication, and corrective measures. Emphasize your commitment to transparency and continuous improvement.

Share your experience with training initiatives, creating awareness campaigns, or embedding compliance into everyday practices. Highlight the importance of leadership support in fostering a compliance-centric culture.

Detail a specific compliance initiative from inception to completion, outlining objectives, steps taken, stakeholder engagement, and measurable outcomes. Emphasize the value of teamwork and adaptability during the project.

Discuss attributes like attention to detail, strong communication skills, analytical thinking, and the ability to navigate complex regulatory frameworks. Support your answer with examples of how these qualities helped you succeed in previous roles.