Meta Payments Inc. is committed to complying with Anti-Money Laundering/Counter-Terrorist Financing (“AML”/“CTF”) obligations imposed by federal, state, foreign, and other applicable laws. These governing laws and regulations may include without limitation the following: the Bank Secrecy Act (“BSA”); the USA PATRIOT Act of 2001 (“Patriot Act”); the rules and regulations overseen by the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”); and other requirements applicable to registered money services businesses (“MSBs”). Meta Payments maintains a risk-based Policy and Program designed to ensure compliance by Meta Payments and its affiliates with governing law.AML Models Specialist Responsibilities
- Drive the end-to-end automated control delivery process to include design, development, validation, implementation, ongoing monitoring, and ongoing maintenance
- Enable new product launches and AML coverage expansion by: 1.) Identifying and understanding inherent AML risks with Meta’s payments products 2.) Deriving Business Requirements and Technical Requirements to sufficiently and precisely mitigate inherent AML products risks 3.) Collaborating effectively with cross-functional partners to complete the end-to-end automated control delivery process
- Support and direct the continuous improvement of existing automated AML controls through: 1.) Identify and propose modifications to address new/emerging patterns, risks, and external factors that may impact the productivity of automated controls 2.) Routinely assess opportunities and propose changes to enhance control effectiveness and efficiency 3.) Execute threshold tuning exercises based on statistical quantitative analysis and supporting testing to ensure controls are operating efficiently and effectively
- Proactively monitoring trends and patterns across the AML control suite to identify and propose potential solutions to mitigate risks
- Collaborate with the Compliance Governance and Issues Management teams to ensure the automated controls maintain compliance and are constantly aligned with the relevant policies, procedures, and processes
- Create and maintain documentation to clearly explain and bring clarity to how an AML control was designed, validated, implemented, and maintained
- Brief leadership on high priority initiatives by clearly summarizing and communicating the impact to Meta’s AML program, current status of the initiative, and planned course of action
- Stay up to date with AML regulations, guidelines, and risks and propose controls enhancements
- Effectively balance multiple competing priorities in a highly dynamic environment
- 5+ years of experience in Anti-Money Laundering program development, expansion, and maintenance at a Financial Institution, FinTech, MSB, or Consulting Firm
- Demonstrated experience with understanding of the AML landscape, risks, and requirements as it relates to technology
- Experience leading and execution cross-functional projects to completion
- Highly skilled at analytical thinking and documentation
- Experience with problem solving and communication
- Experience with interfacing and presenting to regulators, auditors, and other third parties
- Experience in statistics and SQL/python to effectively develop and assess automated AML controls
- Advanced degree/certification preferred (MS/MA/CAMS/CFE)
- Bachelor’s degree (BA/BS)
US$143,000/year to US$200,000/year + bonus + equity + benefits
Individual compensation is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only, and do not include bonus, equity or sales incentives, if applicable. In addition to base compensation, Meta offers benefits. Learn more about benefits at Meta.
Equal Employment Opportunity Meta is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, political views or activity, or other applicable legally protected characteristics. You may view our Equal Employment Opportunity notice here.
Meta is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, fill out the Accommodations request form.
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