Compliance Analyst

About Rain

Rain is pioneering the future of global payments by enabling real-world applications of stablecoins, including card transactions, cross-border payments, B2B purchases, and remittances. The company collaborates with fintechs, neobanks, and institutions to launch inclusive, efficient global financial solutions. Funded by leading investors in fintech and crypto, Rain offers a high-impact, fast-growing environment for professionals eager to shape borderless finance.

Company Ethos

Rain operates with an open and flat organizational structure, encouraging employees to grow into roles aligned with their aspirations. Team members have the autonomy to explore ideas and influence the company’s product roadmap and vision.

Role Overview

We seek a detail-oriented Compliance Analyst to join our team focused on KYC and KYB onboarding processes. This role demands hands-on, end-to-end management of compliance reviews, risk assessments, and collaboration with partners and clients to facilitate onboarding without compromising compliance standards. You will be expected to apply sound judgment on complex cases and help enhance our onboarding workflows.

Key Responsibilities

• Thoroughly review transaction monitoring alerts and KYC/KYB applications, including customer profiling, document verification, sanctions and PEP screening, beneficial ownership analysis, adverse media assessments, and transaction reviews.
• Conduct enhanced due diligence for high-risk applicants encompassing source of funds and wealth evaluations, business model analysis, and comprehensive beneficial ownership documentation.
• Make informed SAR (Suspicious Activity Report) recommendations with well-documented, regulator-defensible analyses.
• Compose SAR narratives adhering to FinCEN standards.
• Request additional information from clients or partners when needed, ensuring full follow-through and proper documentation.
• Support periodic KYC refreshes as part of ongoing due diligence for existing customers.
• Identify gaps in onboarding and investigation policies and propose practical solutions.
• Stay up-to-date with FinCEN advisories, FATF typologies, and emerging trends in financial crime related to stablecoins, virtual assets, and payment methods.

Required Qualifications

• A minimum of 3 years’ experience in compliance, KYC, AML investigations, or onboarding roles within FinTech, payments, or cryptocurrency sectors.
• Proven expertise in reviewing KYB applications, including entity structure analysis, beneficial ownership, and document verification.
• Skilled in sanction screening tools such as OFAC and PEP screenings, capable of independent decision-making and rationale documentation.
• Experience conducting complete AML investigations and preparing SAR-level case files.
• Knowledge of BSA/AML regulatory frameworks and SAR filing procedures.
• Familiarity with transaction monitoring platforms and blockchain analytics tools for on-chain transaction examination.
• Excellent written communication and ability to work effectively in a high-volume, fast-paced environment handling multiple tasks meticulously.
• Self-motivated with a proactive attitude toward ownership of responsibilities and workflow.
• CAMS certification or progress toward obtaining it is advantageous.

Success Indicators

• Consistent thoroughness and accuracy in application reviews and documentation.
• Maintaining SLA compliance rates above 95%.
• Providing comprehensive information to facilitate smooth escalations without follow-ups.
• Proactively identifying process inefficiencies and contributing effective solutions.

Employee Benefits

• Unlimited vacation policy with a mandatory minimum of 10 days off annually.
• Flexible working arrangements, supporting remote and office environments with a stipend for home office setup.
• Comprehensive health, dental, and vision insurance plans fully available to US employees and dependents, along with company-paid life insurance coverage.
• 401(k) retirement plan featuring a 4% employer match.
• Equity options granted to all employees to share in company success.
• Access to company testing credit cards and health & wellness spending allowances including gym memberships, massages, and acupuncture.
• Regular team summits and offsite events domestically and internationally to foster team bonding and shared vision.

Compensation

The salary range for this role spans from $50,000 up to $999,000 annually, reflecting the broad scope of experience and expertise considered.