KYC Specialist, DriveWealth
$90-100k
More information about location
Cloud-based, API-driven brokerage infrastructure
Be an early applicant
Cloud-based, API-driven brokerage infrastructure
201-500 employees
Be an early applicant
$90-100k
More information about location
201-500 employees
Company mission
To make investing accessible to anyone, anywhere.
Role
Who you are
- Strong knowledge of KYC requirements, CIP/CDD/EDD processes, and BSA/AML regulations
- Hands-on experience with KYC platforms, workflow tools, and customer due diligence processes
- Technical skills in querying large data sets (e.g., SQL), building reports, and implementing system-based workflow enhancements
- Ability to design and monitor dashboards or metrics that measure KYC performance and risk effectiveness
- Experience reviewing customer profiles, beneficial ownership structures, and adverse media or PEP screenings
- Strong analytical, investigative, and problem-solving skills with attention to detail
- Excellent written and verbal communication skills, including the ability to document decisions clearly and present findings to senior management or regulators
- Knowledge of broker-dealer products and transactional activity preferred
- Bachelor’s degree in computer science, economics, finance, business, or related field; CAMS or similar AML certification a plus
What the job involves
- We seek enthusiastic professionals to contribute diverse perspectives and experiences to our Brokerage-as-a-Service platform
- Our culture blends the pace and opportunity of a tech start-up with the impact, stability, and significance of Wall Street
- We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do
- We value diversity and inclusion, celebrating the unique differences of our employees as we scale and grow together
- We’re guided by operating principles grounded in accountability, teamwork, integrity, and solutions built to scale
- Join us!
- About The Role
- The AML Team is responsible for ensuring the firm’s adherence to the BSA (Bank Secrecy Act) by effectively demonstrating CIP, Customer Due Diligence, and Ongoing Monitoring through the use of Transaction Monitoring and KYC platforms aimed to detect and deter Financial Crime risks
- The KYC Specialist will help oversee the company’s KYC program, ensuring efficient onboarding, ongoing due diligence, and enhanced due diligence processes
- This role requires KYC operations and technical expertise in handling large data sets, writing queries, generating reports, and implementing workflow improvements within compliance systems
- Oversee and enhance the end-to-end KYC process, including CIP, CDD, and EDD, ensuring consistency and regulatory compliance
- Write queries and analyze large data sets to detect gaps, anomalies, and opportunities for process improvement
- Develop, maintain, and run reporting dashboards using SQL to track KYC effectiveness
- Design and implement workflow enhancements within KYC and case management systems to improve efficiency and accuracy
- Partner with AML monitoring, sanctions, and compliance teams to ensure KYC data is properly integrated into broader AML processes
- Escalate complex or high-risk KYC cases to the AML Compliance Officer
- Provide input into policy updates, ensuring firm-wide BSA/AML procedures remain current and effective for due diligence and ongoing monitoring
- Support regulatory examinations and internal audits by preparing and presenting KYC documentation and reports
- Act as a subject matter expert (SME) on KYC processes and contribute to cross-team initiatives to strengthen the overall AML program
Our take
Robo-advisory products and fractional share trading have expanded the investment industry's reach, attracting a broader audience than ever before. This shift has necessitated a redesign of the fintech industry's infrastructure to support the growing demand for accessible and efficient investment options.
DriveWealth plays a pivotal role in this transformation by developing APIs that serve over 100 global fintechs, challenger banks, and digital wallets. Its infrastructure enables seamless robo-advisory services and fractional share trading, giving retail investors access to the US markets and offering innovative stock reward programs. Among its partners are notable companies like Revolut, MoneyLion, and Hemista.
As the company continues to grow, it remains focused on scaling its business by enhancing its technology stack, pursuing strategic acquisitions, and expanding its team. And is well on its way to its ultimate goal of providing tools that empower companies to create investment products that are both accessible and convenient for everyone.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-9% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2021
$450m
SERIES D
Oct 2020
$56.7m
SERIES C
Total funding: $552.8m
Company benefits
- Health & wellness packages: We’ve built our benefits offering as a holistic package. We provide multiple health insurance carrier options and plans (medical, dental, vision) with access to HSA and/or FSA tax savings tools. We also provide income protection including life insurance, AD&D, short- and long-term disability, as well as extended coverage resources such as fertility benefits and mental wellness resources
- Vacation & time off: To build a successful organization, employees need time away to rest and recharge, so we provide paid time off including paid holidays and unlimited vacation time. We also strongly believe in work-life balance and, therefore, offer fully remote and hybrid work positions based on role requirements
- Professional developmnet: We believe one of the greatest contributions we can make is investing in our employees’ professional development. Therefore, we offer financial support toward continuing education courses, academic coursework, professional conferences, earning professional certifications, and membership fees to professional organizations
Company HQ
Colgate Center, Jersey City, NJ
Leadership
Robert S. Cortright
(Founder)Co-founded FX Solutions (acquired by Francisco Partners) in 2001 and served as CEo for 9 years. They also co-founded En-to-End Technology Projects in 2008.
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