Bill.com, together with its wholly owned subsidiaries Divvy and Invoice2go, is focused on being the one stop shop that simplifies, digitizes, and automates complex financial operations for small and midsize businesses. Customers use the platform to manage end-to-end financial workflows and to process payments. The AI-enabled, financial software platform creates connections between businesses and their suppliers and clients. It helps manage cash inflows and outflow. The company partners with several of the largest U.S. financial institutions, the majority of the top 100 U.S. accounting firms, and popular accounting software providers. Bill.com has its headquarters in San Jose, California with offices in Houston, Texas, Draper, Utah, and Sydney, Australia.
Bill.com is seeking a highly motivated, organized, detail-oriented candidate to join the Compliance Team as a Sr. AML Investigator. You will be reporting to the Senior Compliance AML and OFAC Investigations Manager. This position is based in Houston, Texas but remote can be considered. You will be responsible for transaction monitoring, investigations, and filing Suspicious Activity Reports. In addition, you will be on the frontlines for OFAC reviews and escalations. You will work collaboratively with members of the Compliance Team, based in San Jose, CA, as well as cross-functional stakeholders.
In this role, you will investigate customer activity across the Bill.com payment platform to identify any potential fraud, money-laundering, and terrorist financing risks, draft suspicious activity reports for your investigation in line with regulatory expectations, and file suspicious activity reports at scale. In addition, you will help to review, investigate, and report OFAC screening results. You will also be expected to complete ad hoc investigations and side projects. This role can be located in Houston or potentially remote.
Professional Experience/Background to be successful in this role:
5-7+ years of experience in AML compliance at a financial services organization
Experience in or with:
Actimize, researching on the internet, and using LexisNexis.
Conducting investigations in OFAC, Anti-Money Laundering, Fraud, and Payments
FinCEN SAR e-filing
Working in a team environment with a track record of building relationships and working collaboratively
Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE) or Certified Financial Crime Specialist (CFCS), JD, law enforcement, or similar background preferred
Competencies (Attributes needed to be successful in this role):
Learning Abilities/Fast Learner
Expected Outcomes in 3, 6, or 9 months:
Learn the product. Be familiar with Bill.com’s compliance policies such as AML, AUP, KYC, OFAC, PEP and apply what you have learned
Set up meetings with key stakeholders in compliance, risk Operations, and Risk Strategy
Start 1×1 meetings with reporting manager
Get familiar with the OFAC and SAR process
Begin to work on transaction monitoring. Conduct research and disposition alerts as needed.
Continue learning about our policies, procedures, and culture
Become familiar with current customer onboarding processes, KYC, customer verification process, OFAC screening, exception processing
Understand AML risk scoring models and process and AML rules
Review recent AML and regulatory exams and audits
Begin to work on SAR filing and OFAC screening. Continue to work on transaction monitoring and disposition alerts as needed. Begin help out OFAC research and disposition of alert activities
Plan out activities and goals for the remainder of the year
Manage transaction monitoring and SAR filing
Conduct OFAC research and disposition of alert activities
Include your goals in system of record
This role can be based in one of our office locations in San Jose, CA, Houston, TX, or Draper, UT, or remote.
is committed to a policy of equal employment opportunity. We recruit, employ, train, compensate, and promote without regard to race, color, age, sex, ancestry, marital status, religion, national origin, disability, sexual orientation, veteran status, present or past history of mental disability, genetic information or any other classification protected by state or federal law.
● Humble – No ego
● Fun – Celebrate the moments
● Authentic – We are who we are
● Passionate – Love what you do
● Dedicated – To each other and the customer