Compliance Analyst - Remote

As a Compliance Analyst at River, your main responsibilities include implementing and updating Anti-Money Laundering (AML) compliance policies and procedures, conducting case investigations with Client Services and Finance, and managing client outreach for compliance-related matters. You'll also execute a data-driven review of accounts, analyze client activities to identify trends, and collaborate with Product and Engineering teams to streamline compliance processes.

To be successful as a Compliance Analyst at River, key skills include strong communication abilities, a proactive attitude, and a solid understanding of risk management. Moreover, being a critical thinker who enjoys problem-solving, along with effective task prioritization and a dependable work ethic, will set you apart in this role.

No, prior compliance experience is not a requirement to apply for the Compliance Analyst position at River. What we value most is your enthusiasm for compliance work, exceptional communication skills, and a strong sense of ownership in carrying out your duties.

The salary range for a Compliance Analyst at River is between $70,000 - $85,000 annually, depending on experience. Along with competitive compensation, River offers equity, unlimited PTO, and comprehensive medical, dental, and vision insurance.

The interview process for the Compliance Analyst position at River typically consists of an introductory interview lasting 20 minutes, followed by a role-specific interview block with two River employees, a prompted writing sample, and a cultural & executive interview block with leadership, including River's founder/CEO. This multi-faceted approach ensures the best fit for both you and River.

When addressing compliance issues, it's essential to take a methodical approach. First, I would collect all relevant data and assess the situation thoroughly. Next, I'd collaborate with relevant team members to ensure all perspectives are considered. By documenting the process and aligning with regulatory obligations, I can recommend the best course of action.

In my previous roles, I have researched and familiarized myself with Anti-Money Laundering (AML) policies and procedures. I proactively engage in discussions with colleagues to deepen my understanding and apply this knowledge to ensure compliance standards are met. Staying updated with best practices will also keep my knowledge fresh.

Certainly! In a previous role, I encountered a situation where a client was confused about our compliance policy regarding data privacy. I took the time to walk them through the policy step by step, highlighting critical points and the rationale behind them. By using relatable examples and ensuring open communication, I was able to clarify their concerns and build trust.

If I discover discrepancies in reports, my first action is to conduct a detailed analysis to determine the root cause of the issue. Following this, I would collaborate with my team and relevant departments to address the discrepancies sooner rather than later. Ensuring transparency throughout the process is vital for maintaining integrity.

Prioritization is crucial in compliance. I typically start by reviewing deadlines and assessing each task's impact on compliance and business operations. By using organizational tools like to-do lists or digital planners, I can allocate my time efficiently, ensuring crucial compliance issues are resolved promptly.

I am particularly attracted to the Compliance Analyst position at River because of the company's commitment to innovation in the financial sector, particularly in the bitcoin space. I am eager to be part of a team that values transparency and integrity, and I feel that my skills and passion for compliance align perfectly with River's mission.

To stay current with compliance regulations, I engage in continuous learning by attending webinars, reading industry publications, and participating in professional associations. This proactive approach ensures that I am always informed of the latest legislative changes and best practices within the compliance sector.

In my previous roles, I frequently collaborated with various teams, including Legal, Finance, and Operations, to ensure compliance policies were well understood and implemented effectively. This experience taught me the value of open communication, and I enjoy the opportunity to bridge the gap between compliance and business functions.

I've used several tools for compliance analysis, including data analysis software like Excel and compliance management systems such as ComplyAdvantage. These tools help with analyzing trends, managing documentation, and producing reports effectively, ensuring compliance with regulatory requirements.

When creating Suspicious Activity Reports (SARs), I take a systematic approach. First, I ensure all relevant information is accurately documented and clearly presented. I focus on outlining the findings logically and provide detailed explanations of suspicious activities, ensuring that the report is comprehensive enough to assist in further investigations.