At Carta, we’re building the future of equity and ownership. We’ve changed how companies, investors, and employees manage equity. Now, we’re transforming how capital markets operate. Our goal is to create more owners and increase transparency and liquidity for shareholders. More than 800,000 investors, law firms, and employees use our platform, and we manage over $575B in equity.

Carta is looking for an experienced Anti-Money Laundering (AML) professional to serve as the company’s Chief AML Officer. In this role you will oversee a coordinated company-wide AML compliance program covering a diverse client base which includes public companies, private companies, individuals, venture capital funds and LLCs across the company’s various divisions which include an SEC-registered transfer agent and a FINRA-registered broker-dealer. In this role, you will focus on assessing current AML compliance policies, processes, and technologies, and identifying, developing and implementing any necessary enhancements. You will be responsible for ensuring that Carta maintains a state-of-art AML compliance program that fulfills all regulatory requirements in detecting, monitoring and reporting money laundering activities to the relevant authorities, in turn ensuring that the company is not inadvertently facilitating financial crime, nor exposed to associated regulatory, reputational, financial, and legal risk. This role will include developing and implementing policies and procedures, engaging with AML technology vendors and consultants, development and delivery of mandatory training, and design and testing of controls to ensure effectiveness and sustainability.

Responsibilities 

• Serve as the AML Compliance Officer for Carta, Inc.
• Closely collaborate with and support various stakeholders across the organization including legal, compliance, and product management leads in order to monitor the effectiveness of the company’s AML compliance program and controls and implement identified enhancements
• Establish standards, implement and test policies, procedures and processes to ensure that all AML compliance protocols across the organization are effective and efficient in detecting, preventing, and correcting noncompliance with applicable rules
• Ensure the effectiveness of transaction monitoring programs designed to ensure detection of suspicious activity
• Maintain a regulatory reporting process that would detail the criteria and processes employed to identify, investigate and report upon unusual or suspicious activity, including timely filing of suspicious activity reports (SARs)
• Supervise customer sanctions (e.g. OFAC) screening processes
• Supervise all reporting to regulatory and government agencies such as FinCEN, OFAC for accuracy, completeness and timeliness
• Present a periodic review of all important AML-compliance-related matters to the company’s management, including its risk council and audit committee
• Work closely with business stakeholders to implement an efficient and effective AML program that is tailored to the unique needs and risks of the company and/or business-unit(s)
• Coordinate with regulatory agencies during examinations, satisfying information requests regarding AML-compliance
• Ensure that senior management are kept informed of the progress of such examinations, and the nature and ramifications of related findings
• Design and Implement remedial measures to observations and recommendations stemming from regulatory examinations and audits 
• Coordinate with all internal/ external AML auditors to ensure that AML compliance issues are adequately monitored and addressed and implement all agreed upon recommendations
• Establish standards and ensure adequacy of customer onboarding and account maintenance requirements for varied customer-types and risk profiles
• Ensure completeness of AML compliance related record-keeping processes and supervise a periodic review of all AML compliance related records and artifacts for completeness
• Coordinate corrective action strategies as needed by developing and creating written responses and/ or policies, procedures and processes in conjunction with new rules and regulations, internal assessments, audits and examinations

Qualifications

• 10-15 years' experience in AML compliance, preferably for a broker-dealer and/or a FinTech company
• Experience with and knowledge of the laws and regulations applicable to money laundering governing financial institutions including the Bank Secrecy Act, USA PATRIOT Act, FINRA Rule 3310, S. Treasury AML guidelines, OFAC requirements, terrorist financing, CIP, COD and EDD
• Experience dealing with auditors, consultants, technology vendors and regulatory agencies
• Excellent communication and leadership skills, good team leader and manager culturally tuned to operate and deliver in a challenging regulatory environment
• Track record of building effective partnerships with management, auditors, and consultants
• Ability to work independently with a high level of initiative
• Proven ability to communicate professionally to all levels, create presentations and management briefs
• Excellent investigative, analytical, and problem solving skills
• Excellent attention to detail and follow-up skills
• Bachelor’s degree from an accredited college/university; JD is desirable but not required
• Experience and familiarity with regulatory framework relating to unregistered companies, preferred
• Certified Anti-Money Laundering Specialist (CAMS) Certification, preferred

Carta is a Series E company and is backed by top-tier VCs like Andreessen Horowitz, Lightspeed Venture Partners, Meritech Capital, and more.

We are an equal opportunity employer and are committed to providing a positive interview experience for every candidate. If accommodations due to a disability or medical condition are needed, connect with us via email at [email protected]. As a company, we value fairness, helpfulness, transparency, leadership and build our teams around these values. Check out our careers page to get to know us better as you think about your next step at Carta.

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