Compliance Officer I

The Problems You'll Solve

 At Carta, our employees set out on a mission to unlock the power of equity ownership for more people in more places. We believe that the problems we solve today unlock the opportunities of tomorrow. Carta’s business has grown rapidly since we entered the market in 2012. In order to support our increasingly complex business model and diverse suite of products and services, we need to build a scalable control environment. Because Carta is a trusted partner in so many vital areas of financial services, we also need to serve as a compliance advocate and resource for the communities we serve. As an compliance officer in this role, you will:

• Conduct multi-faceted KYC AML reviews and investigations assigned from multiple sources and teams, client outreach applicable to AML Onboarding
• Perform Politically Exposed Person (PEP), Adverse Media, and Sanction List screening on Limited Partners information on subscription and KYC documents and generate reports of findings. Collect LP information from clients if needed. 
• Ensure Due Diligence policies are being followed according to defined KYC as a service  or AML Onboarding desktop procedures. 
• Identify and assess KYC as a service clients’ needs lead to client satisfaction. 
• Handle client relationships from the point of sales handoff through report delivery. Given the nature of this product, adapt and resolve issues as they arise.
• Participate in projects to improve processes, address regulatory/audit requests and enhance the broader Enterprise AML program.
• Manage an assigned queue of diverse AML evaluations with time sensitive implications.
• Contribute to Carta’s success by ensuring it remains secured against regulatory and financial crime risks as it grows and expands.
• Transform Carta into a global leader in AML, KYC, and sanctions compliance for the private markets and beyond.
• Create innovative solutions to emerging compliance challenges faced by Carta and its clients.
• Represent the Carta AML Team internally as a fundamental part of project success and works with Cartans to effectively meet goals and objectives, rather than acting as a gatekeeper. 
• Participate in two diverse process flows key to Carta’s success:

The Team You'll Work With

The Anti-Money Laundering (AML) team works across all of Carta to design and implement  meaningful Enterprise-wide AML, Know-Your-Customer (KYC), and sanctions compliance programs. We are a roll-up-your-sleeves, proactive group, identifying problems before they happen and covering the potential blindspots of our rapidly growing organization. We partner with our colleagues to develop and enhance compliance initiatives to make sure Carta is safe, secure and meets our obligations under applicable laws, rules, and regulations.  

In addition to core duties performed as a member of the AML team, this role will involve coordination with others in the Legal & Compliance (L&C) division who cover matters related to Fund administration & Investor Services. As needed, this role will also require collaboration with those on Carta’s Product, Engineer, Investor Services ,Fund Admin, Implementation, Marketing, InfoSec, and Policy teams. 

About You 

You are a curious, ambitious, and creative risk and compliance professional with 4+ years of experience who is able to:

• Work cross-functionally, building relationships and consensus with key stakeholders across Carta
• Create persuasive presentations and comprehensive documents
• Embrace process changes/enhancements and effectively provide feedback for further enhancement
• Focus on detail across a wide variety of projects
• Great written and verbal communication 
• Ability to solve problems and work independently
• Understand the AML, KYC, and sanctions risks within the context of the business and objectives of Carta
• Solve problems diplomatically and understand which problems need to be escalated
• Apply a future-oriented, global perspective to the risk and compliance landscape
• Understanding of USA PATRIOT Act, Customer Due Diligence (CDD) Rule, and OFAC sanctions
• Experience in conducting in-depth Anti-Money Laundering risk reviews to include Enhanced Due Diligence (EDD), as applicable
• Experience with and sensitivity to working with sensitive personal/company information for both Carta and its clients 
• Nice to have
  • Experience with Alloy, or any other regulatory compliance screening platforms
  • Experience in Jira and comfortable in using Slack.
• Comfortable working three days in office out of our New York,NY or Hamilton Township, NJ location

At Carta, you’re not just an employee. You’re a builder who is creating  infrastructure that accelerates innovation and empowers more ownership. Cartans are helpful, relentless, unconventional and kind; representing Carta’s Identity Traits. They work collaboratively and cross functionally  to challenge the status quo; working towards a common goal of creating more owners in the private markets.