Senior Manager, Financial Crimes Compliance

Compliance at Brex

The Compliance team helps the company grow responsibly, advocating for Brex and for the tens of thousands of growing businesses we serve. We own the compliance policies for Brex, provide strategic advice and guidance to all Brex teams, protect Brex from financial crime and other compliance risks, and represent the company externally on key regulatory and policy issues. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.

What you’ll do

As a Senior Compliance Manager at Brex, you will support the operations and strategic direction of our Anti-Money Laundering (AML) Compliance Program. This position will Senior will report to the BSA Officer and will be responsible for supporting the performance and effectiveness of the AML program. In this role, you will help set the strategic direction of the AML Compliance Program at Brex by advising internal teams and actively managing projects supporting Brex’s AML strategy.

Where you’ll work

This role will be based in our San Francisco office. You must be willing to work in the office at least two days per week on Wednesday and Thursday, starting the week of January 6th, 2025. Employees will be able to work remotely for up to four weeks per year, for a minimum of one week at a time.

Responsibilities

• Support the strategy, development, and implementation of our AML Compliance program in the US, including developing customer onboarding, sanctions screening, transaction monitoring strategies, customer risk rating, and ongoing monitoring processes and controls.
• Providing guidance, advocacy, and support to Compliance team members as an AML and sanctions knowledge base.
• Conduct special investigations and provide operational support as needed in coordination with the Head of AML Investigations.
• Work closely with various departments, including Operations, Risk, Legal, Product, and Engineering to align on new products/services to ensure cohesive and integrated compliance efforts.
• Partner with external stakeholders, including banking partners, state and federal regulators, and auditors to manage expectations around partnership and supervisory examinations.
• Support the design and execution of financial crime risk assessments, policies, procedures, and controls.
• Help review and prepare metrics or reports for Brex’s Chief Compliance Officer, Leadership Team, and Board of Directors on a regular basis to ensure awareness of the status and health of the AML Program.
• Promote a culture of compliance and awareness throughout the organization.
• Liaise with regulatory agencies, law enforcement, and industry groups to stay current on BSA trends and developments
• Manage special projects at the direction of the BSA Officer to support Brex’s AML strategy.

Requirements

• 7+ years of experience in compliance and BSA/AML roles
• Prior experience in a compliance leadership role at a regulated financial institution or fintech company.
• Proven track record of designing, implementing, and scaling AML and sanctions compliance programs.
• Strong knowledge of AML regulations and standards, including the USA PATRIOT Act, OFAC, and FinCEN requirements.
• Ability to work effectively in a fast-paced and dynamic environment.
• High ethical standards and commitment to integrity and transparency.
• CAMS (Certified Anti-Money Laundering Specialist) certification or equivalent.
• Prior experience working in a start-up culture and a track record for rolling up your sleeves to get something done (effective execution in an informal corporate environment).
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with bank partners, external auditors, and internal teams.
• Detail-oriented with strong organizational and project management abilities.
• Cultural sensitivity.
• An eye for detail.
• A hands-on approach, concise and straightforward style.
• A love for collaboration, teamwork, and delivering excellence.

Bonus Points

• Prior experience working in a compliance organization on either side of Banking-as-a-Service (BaaS) partnerships.
• Prior experience managing and/or implementing workflow tools.

Compensation

The expected salary range for this role is $169,416 - $211,770.  However, the starting base pay will depend on a number of factors including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.