Job Description

As a member of the Facebook Payments Compliance Team, you will be leading a team, mentoring and coaching your team members, and executing on large-scale projects in the Payments Compliance area. You will interact with other Team Leads to continually help drive process innovation and operational excellence across Know Your Customer (KYC) in the Payments Compliance area. At times, you will work collaboratively with a dynamic group of cross-functional stakeholders including but not limited to Legal, Product, Engineering, Finance, and Marketing. You may work on additional projects to help create innovative scalable Anti-Money Laundering (AML) compliance systems and processes to harness the transactional power of Facebook, Instagram, WhatsApp, Messenger and other Facebook companies. You will help Facebook Payments Inc. (Facebook Payments) ensure that its compliance policies, internal controls, and systems help Facebook in its mission to make the world more open and connected. Facebook Payments is committed to complying with Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF) obligations imposed by federal, state, foreign, and other applicable laws. These governing laws and regulations may include without limitation the following: the Bank Secrecy Act (BSA); the USA PATRIOT Act of 2001 (Patriot Act); the rules and regulations overseen by the United States Department of the Treasurys Office of Foreign Assets Control (OFAC); and other requirements applicable to registered money services businesses (MSBs). Facebook Payments maintains a risk-based Policy and Program designed to ensure compliance by Facebook Payments and its affiliates with governing law.

AML KYC Process Lead Responsibilities

* Promote a culture of compliance to ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.

* Support AML KYC Operations program requirements related to controlling risk to the company and to our communities. This includes operating new internal controls and working with AML systems and processes to mitigate these risks.

* Establish strategic frameworks to enable short- and long-term goals and objectives by defining and supporting the implementation of KYC strategy.

* Drive enhancements in KYC processes that adapt to regulatory changes or emerging industry best practices including: evaluating and articulating AML/CTF risks and coverage, proposing and executing on changes to processes, providing input and feedback for new and existing KYC models, partnering with appropriate stakeholders within first, second, and third lines of defense to achieve set out goals.

* Provide input to various risk assessments for our AML/CTF Program.

* Ensure we are meeting our objectives and key results for the department and help the department achieve its key performance indicators (KPIs).

* From time to time, help provide various compliance trainings on policy and operations relating to the AML/CTF Program.

* Be a team member on a project or operational basis that may include cross-functional teams and/or vendors.

Minimum Qualifications

* Bachelor's degree

* 6+ years of experience in a compliance department or other internal control function at a financial services company, or in an operational function

* 2+ years of experience in managing teams of two or more

* Experience as a team lead on cross-functional projects demonstrating impact, and influencing and leading organizational change

* Experience interacting with other process leads, cross-functional teams, and leaders of the department

* Experience building relationships and experience working collaboratively as part of a team

Locations

About the Facebook company

Facebook's mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we're building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we're creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities we're just getting started.

Facebook is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us at accommodations-ext@fb.com.