Facebook Anti-Money Laundering Lead - Payments Compliance in Menlo Park, California
Facebook's mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we're building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we're creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities - we're just getting started.
As a member of the Facebook Payments Compliance Team, you will be aLead in the AML Compliance Team. You will be a member of the AML FIUworking on investigations to keep our communities safe. You will interactwith the AML Manager and other Team Leads to continually help driveprocess innovation and operational excellence for the AML area. At times,you will work collaboratively with a dynamic group of cross-functional stakeholders including but not limited to Legal, Product, Engineering, Finance and Marketing. You may have side projects in addition to investigations to helpcreate innovative scalable AML compliance systems and processes toharness the "transactional" power of Facebook, Instagram, WhatsApp,Messenger and other Facebook companies. You will help FacebookPayments ensure that its compliance policies, internal controls and systemshelp Facebook in its mission to "make the world more open andconnected."
Facebook Payments Inc. (“Facebook Payments”) is committed to complyingwith Anti-Money Laundering/Counter-Terrorist Financing (“AML”/“CTF”)obligations imposed by federal, state, foreign, and other applicable laws.These governing laws and regulations may include without limitation thefollowing: the Bank Secrecy Act (“BSA”); the USA PATRIOT Act of 2001(“Patriot Act”); the rules and regulations overseen by the United StatesDepartment of the Treasury’s Office of Foreign Assets Control (“OFAC”); andother requirements applicable to registered money services businesses(“MSBs”). Facebook Payments maintains a risk-based Policy and Programdesigned to ensure compliance by Facebook Payments and its affiliates withgoverning law.
Promote a "culture of compliance" to ensure efficient and effective risk and compliance management practices by adhering to required standards and processes
Ability to apply investigative techniques quickly and apply them to AML reviews for our products which may lead to filing suspicious activity reports as required by law
Oversee AML Analysts within the Transaction Monitoring workflow, review determinations that are well documented, and provide ongoing quality and performance feedback
Lead and enable a high-performing team to deliver on operational goals by providing 1:1 support, and enabling deeper, more scalable solutions
Support AML program requirements related to controlling risk to the company and to our "communities" including operating new internal controls and working with AML systems and processes to mitigate these risks
Adapt to regulatory changes or emerging industry best practices
Provide input as a team member to various risk assessments for our AML/CTF Program
Ensure we are meeting our objectives and key results for the department and help the department achieve its key performance indicators (KPI’s)
From time to time you may be asked to help provide various compliance training on policy and operations training relating to the AML/CTF Program, specifically, AML investigations and SAR filing processes
May be a team member on a project or operational basis that may include cross-functional teams and/or vendors
BA/BS in any discipline
1+ years experience in a compliance department or other internal control function at a financial services company demonstrating operational experience
Experience doing investigations, such as employment, fraud or anti-money laundering
Proven experience working in a team and interacting with other Process Leads
Track record of building relationships and working collaboratively
- Experience with audits, law enforcement or regulatory exams
Equal Opportunity: Facebook is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. If you need assistance or an accommodation due to a disability, you may contact us at email@example.com or you may call us at +1 650-308-7837.