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BSA/AML Officer

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Payoneer’s mission is to enable businesses of all sizes from anywhere in the world to access the rising, global economy by enabling them to transact globally as easily as they do locally. Life at Payoneer is a global community, where you’ll work with colleagues all over the world, serving small- and medium-sized business customers and partners in over 190 markets.

The BSA/AML Officer (Americas – U.S.) manages the BSA/AML/CTF Compliance Program for Payoneer’s U.S. entity operations in the United States and globally. The BSA Officer serves as the Money Laundering Reporting Officer and is responsible for developing, implementing, administering, and maintaining all aspects of the BSA/AML & CTF Compliance Program, ensuring a high level of compliance with BSA/AML laws and regulations, internal policies and procedures, and state and federal regulatory expectations. The BSA Officer must be fully knowledgeable of all areas of BSA/AML/CTF Compliance, particularly laws, regulations, and best practices associated with a FinCEN registered MSB.

This role will be based in our New York, NY office.

What you'll do:

Lead the execution, evolution, and continuous improvement of the firm’s BSA/AML/CTF program, driving industry standard best practices and risk-based approach to risk mitigation
Manage, lead, and provide oversight to a team of BSA/AML/CTF compliance personnel, comprised of team leads and analysts.
Maintain applicable BSA/AML/CTF and risk related Policies and Procedures, ensuring Policies and Procedures are aligned with applicable state and federal requirements and regulatory expectations
Analyze and assess potentially complex scenarios and cases involving customer due diligence, politically exposed persons, negative news results, and other escalations related to U.S. compliance matters.
Provide end-to-end oversight and monitoring of the Suspicious Activity Reporting processes, including ensuring timely, accurate, and compliant SARs are filed
Support transaction monitoring and investigations workstreams, ensuring adherence to defined policies, procedures, and industry standard best practices
Facilitate and collaborate with applicable stakeholders on the annual BSA/AML/CTF Risk Assessment
Assist with Federal and State Examinations and internal and external independent reviews or audits of the BSA/AML/CTF Program
Independently monitor & provide education and oversight of employees on emerging AML/CTF risks posed by Payoneer’s customers, products, services, or geographies served
Manage responses to subpoenas or other document requests from law enforcement or regulatory agencies as applicable
Develop categories of appropriate Management Information regarding the BSA/AML/CTF Program and ensure completion of same for Senior Compliance Management and Business Management
Assist and advise Head of Compliance and other members of Senior Compliance Management of emerging risks, new or amended laws, regulations, or agency guidance and recommend Program improvements or enhancements

What we’re looking for:

Extensive knowledge and practical application of BSA and AML laws and regulations, including the Bank Secrecy Act, USA PATRIOT Act, OFAC requirements, financial fraud, and applicable state and federal statutes
Proven leadership track record with successful management oversight of a team both locally and remote
Experience with higher risk customer types, investigations, and complex transactional flows
Must have a minimum of 7-8 years of experience with U.S. banking regulations and/or other highly regulated industries and knowledge of best industry practices
Must have sound management skills and experience
Excellent interpersonal, verbal, and communication skills (including presentations)
Strong investigative and research skills – great organizational and analytical skills combined with innovative thinking
Bachelor’s degree / CAMS certification or equivalent
Eligible to work/live in NYC
Proficient computer skills, especially Microsoft Office applications
Ability to work in a fast-paced, deadline-driven environment
Strong professional presence to support regular interactions with senior management

What we offer:

Discounted medical, dental, and vision insurance (coverage starts on day one) HSA and FSA
401K with employer match
Employee Stock Purchase Plan (ESPP)
Fitness/Wellness reimbursement
Generous PTO, paid holidays, and parental leave
Learning and development opportunities
Flexible work from home schedule
Volunteer activities
Fun office culture with supportive leadership

Join the Payoneer Family - check out Our Values and apply today!

Payoneer is committed to fostering a diverse and inclusive workplace. Payoneer is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law. If you are interested in applying for employment with Payoneer and need special assistance or an accommodation to use our website or to apply for a position, please email RecruitmentUS@payoneer.com. Determinations on requests for reasonable accommodation are made on a case-by-case basis.

In accordance with New York City Law, below is the annual base salary range for this position. Actual annual base salary is based on, but not limited to: experience, education, professional licenses, location and business needs. The position is eligible for health insurance, disability insurance, life insurance, 401k plan, paid-time off, and sick (and where applicable safe) leave. This position is also eligible for a discretionary year-end bonus.

The annual base salary range for this position is: $160,000 - $175,000.

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Average salary estimate

$167500 / YEARLY (est.)

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$160000K

$175000K

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What You Should Know About BSA/AML Officer, Payoneer

If you're looking for an exciting challenge as a BSA/AML Officer, look no further than Payoneer in New York, NY! At Payoneer, we are on a mission to empower businesses around the world to thrive in the global economy, and our team is the backbone of that effort. In this role, you'll oversee the BSA/AML/CTF Compliance Program for our operations in the U.S. and beyond. Your day-to-day will involve leading a dedicated team of compliance professionals, ensuring that our policies not only meet but exceed regulatory expectations. You'll dive deep into customer due diligence, analyze complex scenarios, and provide the crucial oversight for our Suspicious Activity Reporting processes. Collaboration is key, as you'll work closely with various stakeholders during the annual BSA/AML/CTF Risk Assessment and provide insights that keep us at the forefront of compliance. Your extensive knowledge of BSA and AML laws, coupled with your strong leadership experience, will help shape our next steps in tackling evolving compliance risks. Plus, you'll be part of a proactive culture where your voice matters. At Payoneer, we also understand the importance of work-life balance, offering flexible schedules and a range of competitive benefits. If you want to make a genuine impact while working with a globally diverse team, join us at Payoneer and take your career to the next level!

Frequently Asked Questions (FAQs) for BSA/AML Officer Role at Payoneer

What are the main responsibilities of the BSA/AML Officer at Payoneer?

The BSA/AML Officer at Payoneer is tasked with managing the entire BSA/AML/CTF Compliance Program for our U.S.-based operations. Key responsibilities include overseeing the compliance team, developing and maintaining compliance policies, analyzing complex compliance scenarios, and ensuring accurate Suspicious Activity Reporting. This role will require you to collaborate with various stakeholders on compliance assessments and engage with regulators during audits.