New

Financial Crimes Compliance Analyst

Vaco
$28.00 - $30.00 / hr
United States, New York, New York
Oct 07, 2025
Client: Fintech Organization Role: Financial Crimes Compliance Analyst (Temporary) Pay Rate: $25-$30/hr Location: Fully Remote Duration: 4-6 months with the opportunity to extend based on performance. Responsibilities: * Sanctions Transaction Monitoring Alert Reviews: This crucial task involves the meticulous review of alerts generated by our sanctions screening systems. These alerts flag transactions that may involve geographies or other data triggers with a sanctions nexus. The contractors will be responsible for investigating these alerts, analyzing transaction details, and making informed decisions on whether to clear the transaction or escalate it for further review. * Perpetual KYC (pKYC) Reviews: This is a continuous process of re-evaluating and updating customer due diligence information to ensure ongoing compliance with Know Your Customer (KYC) regulations. The current backlog of pKYC reviews stands at a significant 5,665 cases and continues to grow. Since its launch four months ago, this process has generated an average of approximately 2,000 cases per month. The contractors will be responsible for systematically working through this backlog, conducting comprehensive reviews of customer profiles, identifying any changes in risk factors, and coordinating with Fraud Ops to update records accordingly. * Enhanced Due Diligence (EDD) Reviews: EDD is a more intensive form of customer due diligence applied to high-risk customers based on Affirm's customer risk rating model. The contractors will be responsible for conducting in-depth reviews, which involve gathering additional information, scrutinizing risks associated with the account, and assessing the legitimacy of transactions. * R16 Investigations: The contractors will be involved in conducting R16 investigations, which typically refer to specific types of regulatory or internal investigations related to sanctions. This may involve gathering evidence, researching relevant parties, analyzing transactional data, and preparing detailed reports. * Further Launch of Controls (e.g., KYC and EDD in other geographies outside the US): This responsibility involves active participation in the expansion of existing compliance controls, specifically pKYC and EDD, into new international geographies beyond the United States. The contractors will perform the day-to-day operations once these are built and launched with the UK likely to be first based on regulatory requirements. Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.