Anti-Financial Crime (AFC) Officer

NinjaHoldings was founded in 2017 by a team seeking to revolutionize the way everyday Americans interact with financial services. Through our CreditNinja and NinjaCard brands, we empower people overlooked by traditional financial institutions to take control of their finances via a full suite of digital banking and lending products, providing incentives and rewards along the way as we guide them on a path to financial improvement. Through our EDGE brand, we help companies better understand their customers by offering a package of bespoke underwriting, fraud detection, and analytics services. With offices in Chicago, Miami, and around the world through the power of remote work, we are a lean and innovative team always seeking like-minded talent to join us in our fight to disrupt consumer finance.

Key Responsibilities:

• Serves as the company’s Anti-Financial Crime (AFC) officer and manages the company's anti-financial-crime (AFC) / anti-money-laundering (AML) / countering terrorist financing (CTF) program
• Reports to the Chief Compliance Officer and provides periodic reporting directly to the board on the effectiveness of the controls contained in the company’s AFC/AML/CTF program
• Relative to the company’s AFC/AML/CTF program, performs an annual AFC risk assessment for all company products and business lines, identifies inherent risks, designs mitigating controls, and develops a final assessment report to share with executive management and the Board
• Prepares for and participates in annual audits conducted by independent third parties
• Serves on the company’s Compliance Committee and reports monitoring-and-testing findings and remediation plans to both the committee and the board.  Advises the committee of any upcoming regulatory changes concerning the company’s AFC/AML/CTF obligations
• Develops, manages, and oversees an effective internal AFC compliance training program including appropriate introductory training for new employees as well as ongoing training for all employees and board members
• Oversees the transaction monitoring system to identify and escalate unusual activity. Performs a calibration of transaction monitoring rules on a risk basis; reports unusual activity to partners
• Monitors transactions for unusual activity and investigates potential financial crimes
• Performs regular monitoring and testing of the AFC program and effectively collaborates with partners for AFC oversight
• Maintains a regulatory applicability matrix for statutes and regulations covering Customer Identification Program (CIP), Customer Due Diligence (CDD), identification and escalation of unusual activity, searches conducted under Office of Foreign Asset Control (OFAC) regulations or Section 314(a) of the PATRIOT ACT, and OFAC/sanctions compliance
• Drafts written AFC compliance policies—including detailed procedures and job aids, where appropriate—for the company’s AFC/AML/CTF program.  Obtains the board’s annual review and approval of those policies
• Stays up-to-date on regulatory changes and best practices

Requirements

• Bachelor’s degree
• 7+ years of experience in managing an anti-financial-crime / anti-money-laundering / counter-terrorist financing program in the financial services industry
• Deep subject matter knowledge of statutes and regulations designed to combat financial crimes and terrorist financing, including : anti-financial-crime (AFC) laws, anti-money laundering (AML) laws, countering the financing of terrorism (CFT) laws, the Bank Secrecy Act (BSA), and sanctions rules and regulations
• Strong knowledge of banking regulations, compliance frameworks, and industry best practices
• Ability to develop and implement AFC compliance strategies and drive organizational change; understands role as a challenge function to the business
• Demonstrated experience in leading AFC compliance teams and managing complex AFC initiatives
• Excellent decision making, analytical and investigative abilities with attention to detail and accuracy
• Strong written and verbal communication skills and effective organizational abilities
• Excellent leadership, communication, and interpersonal skills

Additional Pluses, but not requirements

• CAMS, CFE, CAFP designation or other industry recognized AFC certification
• Direct experience engaging with regulators (FDIC, OCC, FRB, CFPB, state consumer credit administrators)

Benefits:

• Competitive salary and benefits package
• Flexible, remote work
• Fun, fast-paced work environment
• Dynamic start-up culture
• Ability to make an immediate impact in a growth stage company
• Convenient downtown Chicago office located in the heart of the city
• Equal opportunity employer

IMPORTANT NOTICE:

Please carefully review communications to ensure that they are from the official Breezy applicant tracking platform (@breezy-mail.com) or an official NinjaHoldings brand email: @ninjaholdings.com, @creditninja.com, @ninjacard.com, or @edgescore.com. If you have been contacted regarding a job opening at NinjaHoldings from any other email address, including similar email variations, this is NOT a trusted source. We recommend that you refrain from responding to suspicious emails and file a complaint with the FBI's Internet Crime Compliant Center (IC3) at https://www.ic3.gov. For questions or to confirm the authenticity of a communication, please email hr @ ninjaholdings.com.