Compliance Specialist (Consumer Lending)

Position summary

Parcelway needs someone who knows BSA/AML and consumer compliance and can explain regulations to branch staff in plain terms. We are headquartered in Jerusalem and have been hiring remotely since 2020. This is a long-term contractor role, paid monthly in USD. Working hours overlap with Central European Time. We talk mostly in Slack and hop on quick calls when something needs discussing.

Essential duties and responsibilities

• Vet new products, marketing materials and disclosures before launch.
• Coordinate regulatory exams and audit requests, and follow findings to closure.
• Advise managers on regulatory questions in day-to-day operations.
• Track regulatory changes and assess their effect on products and processes.
• Write and update compliance policies and procedures.
• Review suspicious activity alerts and prepare SAR filings within deadlines.

Qualifications

• 2-4 years of compliance, audit or risk experience in banking or financial services.
• Bachelor's degree in business, finance or a related field.
• Strong writing for policies, findings and board reports.
• Organised, with a careful approach to documentation.
• Experience with regulatory exams (FDIC, OCC, Federal Reserve or state regulators)

Preferred qualifications

• Law degree.
• Experience with fintech partnerships.

Perks and benefits

Rate: $2,800 - $3,700 monthly

• Monthly payments via wire transfer or Wise.
• Paid in USD.
• Company laptop.
• Flexible hours.

Company overview

We process billions of card transactions a year for merchants, banks and software platforms. Headquartered in Jerusalem, the company runs operations centres in Jerusalem District and two other locations.

Duration: 9 months. Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Parcelway Ltd..