Financial Crimes Associate

Figure is transforming the trillion-dollar financial services industry using blockchain technology. In three short years, Figure has unveiled a series of fintech firsts using the Provenance blockchain for loan origination, equity management, private fund services, banking and payments sectors - bringing speed, efficiency and savings to both consumers and institutions. Today, Figure is one of less than a thousand companies considered a unicorn, globally. Our mission requires us to have a creative, team-oriented, and supportive environment where everyone can do their absolute best. The team is composed of driven, innovative, collaborative, and curious people who love architecting ground-breaking technologies. We value individuals who bring an entrepreneurial mindset to every task and will embrace our culture of innovation. Every day at Figure is a journey in continuous learning yet a daily focus on getting work done that makes a difference. Join a team of proven leaders who have already created billions of dollars in value in the FinTech space!

Introduction

Figure is looking for a Financial Crimes Associate to join its growing Financial Crimes team. This role focuses on real-time management of alerts and escalations of potential suspicious incidents to combat fraud, particularly across lending and banking products.

Responsibilities

• Assist in the administration of the Bank Secrecy Act and Fraud Program, emphasizing transaction monitoring, fraud incidents, and compliance with federal laws and regulations related to suspicious activity reporting (e.g., money laundering, terrorist financing, fraudulently obtained loans).
• Monitor assigned operational tasks to identify fraud.
• Minimize loss by taking action and escalating incidents to management as appropriate.
• Deploy mitigation strategies that balance customer satisfaction with fraud prevention.
• Maintain a thorough understanding of state and federal laws and regulations related to bank secrecy and anti-money laundering.
• Evaluate customer transactions and applications for evidence of Fraud and BSA-targeted acts using manual and automated processes.
• Escalate incidents and cases to ensure timely reporting of SARs and Elder Abuse Financial Abuse reports.
• Maintain compliance with Customer Identification Program (CIP), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Office of Foreign Asset Control (OFAC), and Elder/Dependent Abuse regulations.
• Assist in transaction monitoring and alert administration and mitigation.

Requirements

• 1+ years of experience related to anti-money laundering, fraud, or compliance in a financial institution or relevant law enforcement experience.
• Comfortable making impactful decisions in a fast-paced environment.
• Strong problem-solving and analysis skills, combined with effective judgment and excellent oral and written communication skills.
• General knowledge of Fraud and/or AML operations, policies, and procedures.
• Enthusiasm and interest in Fraud and BSA/AML compliance and related services.
• Ability and willingness to communicate effectively in providing Fraud and BSA/AML guidance and expertise to other staff, and to prepare clear and concise written documents.
• Strong organizational and time management skills.

Nice to Have

• CAMS, CFE or other compliance certifications favorably considered.

Benefits

• Competitive salary and growth opportunities.
• Company quarterly performance-based bonus.
• Equity stock options package.
• Employer-funded comprehensive health, vision, dental insurance, and wellness program for employees and their dependents.
• Employer-funded life and disability insurance coverage.
• Company HSA, FSA, Dependent Care, 401k, and commuter benefits.
• Up to 12 weeks paid family leave.
• In-office, remote, and hybrid work location options.
• Home office and technology stipend for those working outside of a traditional office more than 75% of the time.
• Flexible time-off plan.
• Continuing education reimbursement.
• Routine Team swag deliveries!

About Company

Figure is transforming the trillion-dollar financial services industry using blockchain technology, specifically the Provenance blockchain. In three years, Figure has introduced fintech firsts in loan origination, equity management, private fund services, banking, and payments, aiming for speed, efficiency, and savings for consumers and institutions. Recognized as a unicorn company, Figure fosters a creative, team-oriented, and supportive environment, valuing driven, innovative, collaborative, and curious individuals with an entrepreneurial mindset.

How to Apply

Apply via the provided link.