BSA AML Analyst III

About Paysafe 
Paysafe (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. 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 25 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 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 www.paysafe.com.

Your career starts here. Help us build and deliver innovative payment solutions.  

To help us fuel accelerated growth, we are looking for an experienced BSA/AML Analyst III. This role is based in Jacksonville, Florida and offers a flexible hybrid work environment where you will have a blend of 3 in-office days and 2 at 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 will be the subject matter expert in both AML and Fraud typologies and will quickly be able to identify those schemes while analyzing and articulating suspicious activity to remit a SAR filing to regulator.

Essential Duties and Responsibilities:

• Investigate complex escalations noting potentially suspicious activity that may arise from risk/compliance alerts, regulatory investigations, subpoenas/law enforcement requests, and matters otherwise escalated to the Monitoring and Investigations (M&I) Group through Compliance, Legal, Risk or other areas where account transactional activity is at issue.
• Investigate merchants (business related) escalations, and fraud trend escalations involving multiple customers and large subsets of data.
• Conduct customer due diligence (CDD) and enhanced due diligence (EDD) evaluations of customers related to the potential suspicious activity through the review of customer background information, using internal and external resources and review of transactions, and fund movements as necessary.
• Perform analysis and reviews utilizing internal and third-party research tools, (may include SQL based queries and advanced use of Microsoft Excel).
• Ensure compliance with regulations related to fraud and money laundering included in the US PATRIOT Act.
• Prepares case summaries, and other helpful documentation such as help guides, or how to documents to facilitate new investigative processes or tools.
• Prepares Suspicious Activity Reports (SARs) for investigations in both AML/Fraud investigation in accordance with FinCEN requirements. Records all narratives, risk factors, and associated supporting evidence for each investigation.
• Ensure all SAR reports are accurate, comprehensive, filed if necessary, and documented appropriately if not filed.
• Provides recommendations for risk rule implementations to management and collaborates with internal teams to support recommendations.
• Inform senior compliance management about issues that may involve risk rule violations or potential liability.