Compliance Associate

About the role:

Our team is growing and we are hiring a Compliance Associate. This role prepares for regulatory exams and works directly with examiners. This is a full-time remote role. We use an employer of record in the US, so you get a proper employment contract, not a freelance agreement. Working hours overlap with Central European Time. We send you a laptop and the accessories you need on day one.

Key responsibilities:

• Train employees on annual compliance topics and new rules.
• Vet new products, marketing materials and disclosures before launch.
• Report compliance metrics to the compliance committee and board.
• Perform enhanced due diligence reviews on higher-risk accounts.
• Monitor compliance with BSA/AML, OFAC and consumer rules such as Reg E, Reg Z and TRID.
• Write and update compliance policies and procedures.
• Review suspicious activity alerts and prepare SAR filings within deadlines.

What we're looking for:

• 1+ years of compliance, audit or risk experience in banking or financial services.
• Working knowledge of BSA/AML, OFAC and consumer lending regulations.
• Sound judgment and the confidence to escalate.
• Experience with regulatory exams (FDIC, OCC, Federal Reserve or state regulators)
• Strong writing for policies, findings and board reports.
• Organized, with a careful approach to documentation.

Benefits:

Rate: $66,000 - $78,000/year

• Annual salary review.
• Annual team retreat.
• Performance bonus.
• Co-working space stipend.

A bit about us:

Most clients live within an hour's drive and come in for reviews twice a year. Our office is in a converted house near downtown Cologne. Still family owned, 50 years on. Quarter-end is busy, and everyone helps with client review prep.

Please include a short note on why this role interests you.

We review applications on a rolling basis.

Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Beratung Friedrich GmbH.