Job Title: E-Commerce AML Compliance Counsel
Job Responsibilities:
The E-Commerce AML Compliance Counsel at the company will be part of the Global Legal Compliance team, which supports the company's innovative initiatives and platforms across global markets. The primary focus of this role is on anti-money laundering (AML) and sanctions compliance within the e-commerce sector. Key responsibilities include:
- Collaborating with cross-functional teams such as product, operations, and engineering to develop and implement AML and sanctions compliance solutions tailored for the company's e-commerce platforms. This involves supporting systems for Transaction Monitoring (TM), Know Your Customer/Know Your Business (KYC/KYB), and due diligence programs.
- Evaluating and enhancing the effectiveness of e-commerce-related TM and KYC/KYB systems to ensure alignment with global regulatory requirements and the latest developments in AML and sanctions.
- Leading AML and sanctions investigations related to e-commerce activities, such as transactions, account activities, and potential suspicious conduct, and coordinating with regional compliance teams to ensure consistency and efficiency.
- Advising on legal and regulatory risks related to e-commerce business lines, such as payment systems, cross-border transactions, and user onboarding processes, in line with AML and sanctions requirements.
- Conducting periodic risk assessments of the company's e-commerce operations to identify vulnerabilities and compliance gaps and recommending enhancements to mitigate risks in accordance with global regulations.
- Collaborating with regional compliance teams to adapt global programs and guidelines to market conditions, ensuring compliance with relevant AML and sanctions laws in all jurisdictions where the company operates.
- Developing and delivering global and regional training programs and materials focused on e-commerce AML compliance and sanctions, ensuring alignment with the latest industry standards and regulatory developments.
- Building and maintaining strong working relationships with key stakeholders across multiple business units to foster a culture of compliance and ensure the seamless integration of AML practices into the company's e-commerce operations.
- Managing and participating in cross-functional compliance projects, offering legal expertise to enhance the company's e-commerce platform compliance framework.
- Providing ad hoc legal support and guidance to other teams as needed, ensuring continued adherence to AML and sanctions laws.
Education and Experience Information:
Minimum Qualifications:
- A law degree (JD or equivalent) from an accredited school and good standing in a bar association.
- Deep understanding of sanctions and AML laws, with the ability to interpret and apply them to complex issues, demonstrating leadership and autonomy.
- In-depth experience in AML and sanctions compliance, including investigations and implementing controls for e-commerce.
- Experience with global compliance in fast-paced, cross-border e-commerce environments.
- Strong knowledge of global AML/sanctions regulations (., FATF, BSA, OFAC, EU directives).
- Proven ability to lead compliance projects, influence stakeholders, and strong English communication skills.
- Independent, proactive, and organized with strong judgment, able to manage relationships and work across time zones/travel as needed, with high ethical standards.
Preferred Qualifications:
- Thrives in a fast-paced environment, showing flexibility, teamwork, and adaptability to meet client needs.
- Manages heavy workloads and deadlines independently, with a keen sense of urgency and sensitivity.
- Proactively suggests process improvements.
- Understands the client's business and supports organizational goals.
- Effectively redirects issues to the appropriate resources.
- Proactively identifies and leads in resolving problems.
- Demonstrates creative problem-solving and sound judgment, with the ability to influence others.
Salary Information:
The base salary range for the E-Commerce AML Compliance Counsel position in the selected city is $213,000 - $376,200 annually. Compensation may vary outside of this range depending on several factors, including a candidate’s qualifications, skills, competencies, experience, and location. Base pay is one part of the total compensation package, which may also include additional discretionary bonuses/incentives and restricted stock units.
Benefits may vary depending on the nature of employment and the country work location. Employees have day one access to medical, dental, and vision insurance, a 401(k) savings plan with company match, paid parental leave, short-term and long-term disability coverage, life insurance, and wellbeing benefits, among others. Employees also receive 10 paid holidays per year, 10 paid sick days per year, and 17 days of Paid Personal Time (prorated upon hire with increasing accruals by tenure).
The company reserves the right to modify or change these benefits programs at any time, with or without notice.
For Los Angeles County (unincorporated) Candidates:
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. The company believes that criminal history may have a direct, adverse, and negative relationship on job duties, potentially resulting in the withdrawal of the conditional offer of employment.
