BSA/AML Monitoring Analyst

Date: 29-Aug-2022

Location: FL, US

Company: Paysafe

About Paysafe Limited

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of over US $120 billion in 2021, and approximately 3,500 employees located in 10+ countries, Paysafe connects businesses and consumers across 100 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at

Paysafe is widely recognized as a leading global provider of payments solutions for businesses and consumers. Experienced and trusted as both a partner and solutions provider, Paysafe is well positioned to capitalize on the wave of new technologies entering the payments space and focused on accelerated growth.


Are you ready to make an impact? Join our team that is inspired by a unified vision and propelled by passion.


To help us fuel accelerated growth, we are looking for an experienced BSA/AML Monitoring Analyst. This role offers a flexible hybrid work environment where you will have a blend of in office days and home office days during the work week.


Position Overview:

This position maintains a high degree of responsibility and serves a critical role in ensuring Skrill USA, Inc. ongoing compliance. This position is responsible for the review, assessment, and the due diligence of consumers as part of BSA/AML program to aide in the detection of potential money laundering, terrorist financing and fraud using a risk-based approach while applying the company’s BSA/AML and OFAC Compliance Program and related policies and procedures.


Your responsibilities would include:

  • Research, analyze and investigate customer account behavior for potential BSA, Anti-Money Laundering (AML), CFT or fraud related suspicious activity. Determine if a SAR should be filed with Financial Crimes Enforcement Network (FinCEN). File SARs within regulatory timeframes and in accordance with BSA/AML Compliance Operations policies and procedures.
  • Maintain an understanding of AML regulations; current money laundering schemes; and investigative techniques required to detect such schemes.
  • Recognize and escalate high risk suspicious activity to Compliance Management for possible law enforcement and/or regulatory referrals.
  • Research and respond to regulatory agencies, including law enforcement agencies, in view of applicable regulatory laws and regulations.
  • Achieve and sustain a high level of quality, accuracy, and efficiency in the firm’s response to AML and OFAC matters.
  • Provide guidance to business partners in matters of AML Compliance.
  • Review rules, alerts and data for case investigation and use in determination of suspicious activity
  • Analyze data gathered and make a SAR/No SAR decision – document for required recordkeeping
  • Decision and action to request EDD, updated materials, block, or close account
  • Accurately and timely prepare and submit SAR filings via BSA E-file
  • Update fields in case management system to correspond with the activity being filed on for recordkeeping purposes
  • Provide timely AML and OFAC guidance to business partners and training of new associates or escalate to compliance management
  • Review new referrals, escalations, or internal suspicious activity reports within internal service levels
  • Assist in training opportunities as needed
  • Review, research, and complete OFAC escalations from Operations (match/no-match) and complete reporting, blocked account processing and associated processes
  • Process additional OFAC processes as required
  • Utilize third party service providers and internal systems to perform searches on subjects being investigated as part of CDD/EDD/KYC for customers and merchants
  • Review, research, document and respond to external information requests - Exchange of information pursuant to the 314(b) provisions of the USA PATRIOT Act
  • Completing dashboards and metrics regarding daily activities
  • The analyst will be collaborating with Compliance Management and other SME’s on rules, risk detection scenarios, patterns of suspicious activity identified for purposes of development, implementation and or update to Skrill USA’s systems and/or tools
  • Other duties as assigned and may include due diligence processes, other compliance operational processes, testing and quality programs


You have:

  • Must have demonstrated experience and be comfortable making critical decisions in a time sensitive and regulatory mandated environment
  • Experience working with money laundering/terrorist financing/SAR or equivalent investigations preferred
  • Must have demonstrated experience in applying strong problem solving, judgment and analysis to detect and deter money laundering activities
  • Ability to work independently, but cohesively within a team of specialized associates, with high integrity and ethics
  • Highly self-motivated with excellent communication skills
  • Ability to manage and analyze data
  • Excellent written and oral formats, including presentations to regulators, auditors, analysts, senior managers
  • Exceptional analytical skills, judgment, and attention to detail
  • Ability to prioritize tasks and work under pressure
  • Must be able to keep abreast of and understand industry rules and regulations
  • Adept at analyzing and communicating market information
  • Strong knowledge of Microsoft Office applications, such as MS Excel and Word, database management programs and Internet browser-based applications
  • Proficiency in third party vendor systems
  • CAMS certification preferred
  • 4 Year College Degree preferred or 5+ years relevant experience


Our culture values humility, high trust & autonomy, a desire for excellence and meeting commitments, strong team cohesion, a sense of urgency, a desire to learn, pragmatically pushing boundaries, and accomplishing goals that have a direct business impact.  We encourage you to apply even if your experience does not exactly align as we value diverse thoughts, experience, and backgrounds.


Equal Employment Opportunity

We provide equal employment opportunities to all employees, and applicants for employment, and prohibits discrimination of any type with regard to ethnicity, religion, age, sex, national origin, disability status, sexual orientation, gender identity or expression, or any other protected characteristics. This policy applies to all terms and conditions of recruitment and employment. If you need any reasonable adjustments, please let us know. We will be happy to help and look forward to hearing from you.