AML/BSA Officer

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies - from the world’s largest enterprises to the most ambitious startups - use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.

About the team

Stripe’s second line of defense team helps to improve Stripe’s compliance and financial crimes posture to enable healthy and sustainable business growth.  The team plays an important role in working with our business to set the standards on compliance and financial crimes, provide advice and guidance across a range of matters, objectively report on our status, engage with regulators and help ensure the adequacy and effectiveness of our compliance controls and financial crimes program. We are a deeply caring group of folks, slightly obsessed with our tradecraft, dedicated to protecting our users and the financial ecosystem from misuse and crime, and committed to our work, our lives, and our hobbies with equal passion.

What you’ll do

Help us protect Stripe and its users from financial crime!

We are looking for an experienced financial crime professional to be the AML/BSA Officer for US Merchant Acquiring at Stripe. In this role, you will lead and be primarily responsible for managing merchant acquiring-related financial crime. You will maintain the AML/BSA compliance program including written policies and internal controls and update the program to reflect changes in regulations and best practices. You will work closely with the Corporate Financial Crimes and Supportability team, serving a critical role in ensuring Stripe’s continued safe growth and success. You’ll also be involved in the strategic design and planning of Stripe’s financial crimes program as we enhance and uplevel controls and operations. You will be the leading expert on financial crime matters for merchant acquiring-related activities including Customer Due Diligence & Enhanced Due Diligence, Transaction Monitoring, Sanctions Compliance, Training and Reporting.

Stripe is both a technology company and a financial services company, and you will need to be comfortable straddling both of those worlds every day. The right person for the role will be enthusiastic both about the mission of anti-financial crime and in the application of new and innovative technology approaches to protect Stripe, its users, the financial system, and the community at large from financial crime. The role holder will also enjoy seeking creative solutions and moving quickly, often in the face of ambiguity.

Additionally, in your role as the AML/BSA Officer, you will report to the Merchant Acquiring Chief Risk and Compliance Officer.

Responsibilities

• Ensure US merchant acquiring Compliance and Financial Crimes frameworks, policies and programs and controls (e.g., KYC, Transaction Monitoring, Regulatory Reporting, Sanctions, and Risk Assessment) incorporate regulatory requirements and industry best practices.
• Monitor financial crimes compliance for US merchant acquiring transactions.
• Ensure that all transactions that are identified as potentially suspicious are investigated, reviewed in accordance with established procedures; and appropriate escalation and measures to mitigate Stripe’s risk exposure are taken.
• Set, lead and manage the culture of risk and compliance across the team and work with Legal, Risk, Financial Crime and Compliance teams to define our risk appetite.
• Serve as Anti-Money Laundering Officer for US merchant acquiring business and perform all responsibilities of said role.
• Provide strategic advisory to Stripe’s business teams on expansion initiatives from a financial crimes perspective both enabling Stripe’s growth and providing advice on risk mitigation.
• Serve as a thought leader for supporting and driving innovative, technology-focused compliance solutions with regulators and financial partners. 
• Partner with the team’s other Compliance Officers to enhance our Financial Crimes program through contributing to strategic planning, goal setting, and more.
• Build and maintain Stripe’s relationship with regulators and financial partners.

Who you are

We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements

• 10+ years experience in an AML role preferably within the financial services industry (payments, banking, money services businesses).
• 5+ years of experience managing a team
• In-depth knowledge of the Bank Secrecy Act, USA PATRIOT Act, OFAC regulations, and other relevant regulations.
• Demonstrated experience executing complex Financial Crimes initiatives.
• Proven track record of developing and rolling out large-scale compliance initiatives
• Comfort juggling numerous aspects of an AML compliance program.
• Ability to work efficiently and independently in a fast-paced, high-volume environment.
• Ability to work cross-functionally with internal stakeholders.
• An effective and relatable “culture of compliance” mentality.

Preferred qualifications

• Payments, banking, or fintech experience.
• Related regulatory experience, such as anti-bribery and corruption, payments, or audit.
• Experience with merchant onboarding.
• CAMS certification.

Working remotely at Stripe

A remote location, in most cases, is defined as being 35 miles (56 kilometers) or more from one of our offices. While you would be welcome to come into the office for team/business meetings, on-sites, meet-ups, and events, our expectation is you would regularly work from home rather than a Stripe office. Stripe does not cover the cost of relocating to a remote location. We encourage you to apply for roles that match the location where you currently or plan to live.

Pay and benefits

The annual US base salary range for this role is $155,600 - $233,400. For sales roles, the range provided is the role’s On Target Earnings ("OTE") range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role. This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate’s experience, qualifications, and location. Applicants interested in this role and who are not located in the US may request the annual salary range for their location during the interview process.

Additional benefits for this role may include: equity, company bonus or sales commissions/bonuses; 401(k) plan; medical, dental, and vision benefits; and wellness stipends.

We look forward to hearing from you

At Stripe, we're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description. Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Stripe, we welcome diverse perspectives and people who think rigorously and aren't afraid to challenge assumptions. Join us. Apply