As a Compliance Associate at Rain, you are driving the next generation of payments across the globe, ensuring our infrastructure remains secure and compliant with regulatory requirements. This critical role entails collaborating with cross-functional teams to develop and implement effective compliance programs, mitigating risks, and promoting a culture of compliance. By joining Rain, you contribute to the company's success and the growth of the fintech industry, making a significant impact on the way people and businesses transact globally. The scope of this position is vast, with opportunities to expand your skill set, take on new challenges, and advance your career in a rapidly evolving field. You are part of a lean and mighty team of passionate builders and veteran founders, working together to power card transactions, cross-border payments, B2B purchases, remittances, and more.

Your day-to-day responsibilities as a Compliance Associate include:

• Developing and implementing compliance policies and procedures to ensure adherence to regulatory requirements, such as OFAC and Suspicious Activity Reporting


• Conducting transaction monitoring to identify and report suspicious activity, leveraging your analytical skills to mitigate potential risks


• Collaborating with internal stakeholders to provide compliance guidance and support, promoting a culture of compliance throughout the organization


• Staying up-to-date with industry trends and regulatory changes, applying this knowledge to continuously improve compliance programs and procedures


• Analyzing data to identify areas for improvement, recommending and implementing changes to enhance compliance and reduce risk


• Building and maintaining relationships with external partners, such as fintechs, neobanks, and institutions, to ensure compliance with regulatory requirements


• Providing training and support to employees on compliance policies and procedures, ensuring a unified understanding of compliance principles. You are working closely with the compliance team, reporting to the Compliance Manager, and collaborating with other departments to ensure seamless compliance integration. Your technical skills, including knowledge of OFAC, Suspicious Activity Reporting, and Transaction Monitoring, are essential in this role, as well as your strong analytical and communication skills.

By joining Rain