AML Onboarding Analyst

What will you be doing –

· The AML Onboarding Analyst will have an important role at Wave. You will be responsible for ensuring

the onboarding of customers meet all regulatory and risk requirements in order to protect Wave and our

customers as we grow.

· Conducting customer due diligence (CDD) and enhanced due diligence (EDD) at the time of onboarding as

well as ongoing monitoring of customers.

· Protecting Wave and our customers by ensuring all activity adheres to the PATRIOT Act, OFAC

compliance, Bank Secrecy Act and internal Anti Money Laundering programs to ensure compliance with

applicable internal policies, procedures and external regulations.

· Completing quality assurance reviews of completed suspicious activity, high-risk customers, and related

alerts and investigations.

· Identifying the complexity of ultimate beneficial ownership (UBO) and verification with account

relationships.

· Performing complex compliance investigations using a wide variety of data in order to accept, reject or

refer transactions and accounts for further investigation.

· Contributing to shaping our policies, procedures and internal tooling.

Experience Required – What is the expectation of the candidate's current role/profile · 2-4 years of experience in a compliance role at either a banking or fintech institution. · A thorough understanding of the review and remediation process of potential OFAC and PEP screening matches. · Experience in investigating complex onboarding applications by verifying both KYC and KYB information. · A thorough understanding of Enhanced Due Diligence for high-risk customers. · Strong communication skills and passion for customer experience. · Thrive in a fast-paced environment and have a sense of tact and empathy under pressure. · A sixth sense for identifying problems while implementing and communicating solutions. · CAMS or comparable advanced BSA/AML & OFAC training and/or certification is an asset.