Compliance Lead

Melio is a TLV-based Fintech startup (and tech Unicorn!) that enables small businesses in the US to pay their bills in more efficient ways. This improves their finances and frees them up to focus more on managing the businesses they love. With our unique approach to small business payments, we’re the fastest-growing payment solution in the United States. 

What makes Melio unique? 

Well, we’ve made B2B payments as simple as P2P payment apps. Currently, 42% of business payments in the US are made by check… yikes! 

As a Compliance Lead you’ll be working within the Risk & Compliance department, working behind the scenes to protect Melio from bad actors; managing the financial fraud and money laundering risks that might have adverse impact on our product. To succeed in this role, you should be an excellent communicator, able to work cross-functionally and build rapport with other teams. This role requires a strategic thinker with an analytical mind, strong problem-solving skills and experience in agile environments. 

How you’ll make an impact

• Handle daily compliance functions to support on-going business
• Create, support, and enhance internal controls and monitor adherence to them
• Effectively summarize information from multiple sources into concise analytical assessments
• Review and perform QC on unusual activity investigations worked by analysts
• Demonstrate investigative/analytical skills while confirming the decisioning/outcome of an investigation/review. Ensure the decisioning was well articulated with a supportable rationale. 
• Collaborate with team members and stakeholders to drive implementation, track progress, and assess impact of monitoring initiatives. 

What we would love to see

• High level English proficiency 
• 2+ years people management experience
• 3+ years experience in FinTech or other closely regulated industry
• In depth knowledge of anti-money laundering and/or fraud laws, regulations, and guidance (BSA, KYC, etc.)
• Ability to manage and prioritize simultaneous projects, related to different stakeholders, internal and external to company
• High level of professionalism with a focus on organizational skills and attention to detail
• Ability to anticipate and proactively initiate future projects 
• Aptitude for fostering positive relationships
• Teamwork and leadership skills

Our ideal candidate?

You are fascinated by the world of payments. Always thinking of potential compliance vulnerabilities and loopholes. You know the limitations of both manual review and automatic decision logic and understand the challenges at the intersection of automation and manual insights. You have a broad knowledge of AML/BSA compliance regulations in the payments industry and understand the implementation of those on a business level. On game night, you're the one with your head in the rulebook. You’re here to problem-solve rather than criticize existing conditions, and you’re always looking for better ways to do things. 

Most importantly, you’re a top-notch team player, proactive, positive and fun to be around.

If you’re still nodding your head in agreement and this seems like a good fit, don’t hesitate to reach out—we’re looking for you!