Compliance Associate

Remote

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor's degree and have at least six years of experience in compliance or a related field, demonstrating strong knowledge of global regulatory frameworks such as BSA/AML, OFAC/sanctions, and money transmitter regulations. They should also have experience with transaction monitoring and fraud management, along with a proven track record of complex problem-solving and decision-making skills, and be based in the U.S.

Responsibilities

As a core member of the compliance team, the Compliance Associate will assist in managing the comprehensive compliance program, liaising with regulatory agencies and financial service providers, analyzing and evaluating company policies and practices for compliance, actionalizing and refining KYB, KYC, and AML processes, overseeing and implementing compliance programs, leading and managing regulatory examinations, contributing to the firm’s risk management efforts, monitoring and analyzing customer and transaction data to identify suspicious activity and complete necessary reports, assisting with fraud and restricted activity investigations, and staying current on compliance-related developments while continually refining compliance programs.

Skills

KYC

KYB

AML

Regulatory compliance

Investigations

Due diligence

Rain

Spend management platform for Web3 organizations

About Rain

Rain provides a spend management platform designed specifically for decentralized organizations in the Web3 ecosystem, such as DAOs and blockchain projects. The platform allows these organizations to manage their finances by integrating digital assets with traditional fiat currency systems, enabling seamless transactions. Rain's technology leverages blockchain infrastructure to facilitate instant and secure payments, allowing users to make real-world purchases more quickly than traditional methods. Unlike conventional fintech solutions that rely on outdated systems, Rain focuses on the unique needs of Web3 teams, offering a direct payment pipeline that connects them with vendors. The company's goal is to empower Web3 organizations to operate efficiently while maintaining the ability to transact with traditional merchants globally.

New York City, New YorkHeadquarters

2021Year Founded

$5.8MTotal Funding

SEEDCompany Stage

Fintech, Crypto & Web3Industries

11-50Employees

Benefits

Unlimited Paid Time Off

Flexible Work Hours

Health Insurance

Life Insurance

Equity Plan

Wellness Program

Team Summits

Risks

Nuvei's similar services in Latin America could impact Rain's market share.

Partnership with Portal and PayPal offers alternative payment methods, posing a threat to Rain.

Expansion into Latin America may expose Rain to regulatory challenges.

Differentiation

Rain offers a secure spend management platform for decentralized organizations like DAOs.

Rain leverages blockchain infrastructure for instant and secure transactions.

Rain integrates digital assets with fiat systems for seamless Web3 team operations.

Upsides

Rain's partnership with Paymentology enhances data-driven decision-making and customer experience.

Collaboration with Portal and PayPal can increase Rain's user base.

$6 million seed funding supports expansion in DAO and Web3 sectors.

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