TMS Analyst

As an TMS Analyst  you’d be joining the team working behind the scenes to protect Melio from bad actors; managing the risks that might have adverse impacts on our product, financials and our ability to meet client needs. You’ll support the detection, analysis, and investigation of suspicious activities to ensure compliance with industry regulations and protect both Melio’s and our users’ interests. This role will involve assessing transactions, identifying potential risks, and collaborating with cross-functional teams to ensure suspicious activities are promptly investigated and addressed.

Qualifications: 

• Bachelor’s degree or relevant work experience;
• Professional English skills 
• A comprehensive understanding of US Regulations;
• 1-3 years experience as an AML, transaction monitoring or relevant compliance analyst role in a FinTech or other closely regulated industry
• Ability to manage and prioritize simultaneous projects, related to different stakeholders, internal and external to company
• Excellent interpersonal, verbal, and communication skills, strong professional presence to support regular interactions with senior management
• Strong research and analytical skills
• Ability to anticipate and proactively initiate future projects 
• Ability to work on site, central Tel Aviv office, at least 3 days per week

Bonus points:

Experience with SQL- advantage 

A day in a life and how you will make an impact: 

• The TMS Analyst will lead initiatives, in collaboration with the TLV Director of Compliance Operations and TLV TMS Team Lead, to handle the daily tasks to support our regulatory AML requirements
• Analyze transaction data and identify potentially suspicious activities in line with BSA/AML laws and regulations.
• Review and investigate alerts generated by both automated transaction monitoring system as well as internal escalations from within the company, i.e. subpoenas, RFIs, fraud escalations, etc.
• Conduct enhanced due diligence and escalate potential high-risk activities to senior management.
• Prepare and submit Suspicious Activity Reports (SARs) in accordance with local regulatory guidelines.
• Work cross-functionally to continuously improve monitoring processes and workflows.
• Stay updated on relevant industry regulations and ensure Melio’s transaction monitoring processes are aligned.
• Participate in ad hoc compliance and risk management projects.

About the hiring department: 

The Risk & Compliance department protects Melio’s platform and reputation from bad actors.
The department is in charge of implementing controls to protect Melio.
We identify risks that may arise and advise on how to avoid or address them.
We also ensure that all users on the platform, and their activities, are compliant.
We’re like that extra coat of armor for the company, making sure Melio is protected from fraudulent and abusive activity. 

About Melio: 

Melio builds business-to-business (B2B) payment tools so small business owners can spend less time in the back office and more time on their craft. As the fastest-growing B2B payment platform in the US, Melio is working hard to find new and better ways to help small businesses succeed in the ways that work best for them.
With offices in New York, Denver, and Tel Aviv and a vibrant work culture, Melio is expanding every day. We are a diverse group of people who love what we do and do what we love. If you are a driven and passionate team player, you will fit right in. We are an equal opportunity employer and are always on the lookout for top-notch talent—please reach out if you would like to join us on this exciting journey!