MoneyGram’s culture of compliance means employees hold the key to the safety and security of the business. We are all part of the first line of defense in preventing criminal abuse of MoneyGram products and services. We count on everyone to report suspicious findings and protect the interest of our customers.
Regional Compliance Officer
What are the qualifications that will help you achieve success at MoneyGram?
- Growth Mindset
“MoneyGram offers a fast-paced and culturally diverse environment in which employees are empowered to use their analytical skills to mitigate potential risk. The Financial Intelligence Unit leadership team creates a warm, positive, and supportive setting for analysts to thrive.”Binita Sawhney, Compliance Analyst III, 5310 Global Back Office (U.S.)
“The MoneyGram FIU culture is positive and encourages collaboration and a positive work environment. Management is open and supportive and there are plenty of opportunities for career growth as a Compliance Analyst in the FIU.”Ann Barrett, Compliance Analyst III, 5308 Financial Intelligence Unit (U.S.)
“When a colleague of mine joined MoneyGram, I thought it was a great place to work at. The multi-cultural working environment is a great experience, especially in an open-space office. I appreciate meeting and working with people from all over the world. Getting to know different cultures and trying to understand them broadens your horizons, if you keep an open mind.
I have been with the company for over a year now and I am pleased to be a part of it. Recently, I have changed my role in the compliance department and I am learning something new everyday. I see challenges as opportunities for progress and my duties never keep me bored.
When I was an English teacher, before I began my AML experience, I enjoyed working with people, having impact on their lives and feeling that what I did mattered. I found a similar feeling here, at MG, where just by looking at the data you can sometimes see real life stories. Helping fraud victims (It could have been your grandma who got scammed) and reporting the bad guys are definitely rewarding. I enjoy working at MG, I like the people I work with and generally, I like my job. It's an environment I would recommend to everyone.”Marcin Banaszek - Compliance Analyst II, Transaction Monitoring (Poland)
“I first knew about MoneyGram after moving from Egypt with my wife and 4 years old daughter, from a friend who had just joined MoneyGram few days earlier. seeking for new start and a challenge, I applied. It was clear from the first day during the recruitment processes that I was dealing with not only professionals but as well friendly community.
Once I joined the vibe was high, new colleagues from all over the world, different cultures, backgrounds and life experiences. All working helping each other with the workload and sharing the nice moments and building new friendships.
It is the Diversity, respect to each other, the acceptance, the team work spirit which makes MoneyGram the perfect place to innovate and grow. Proud to be member of this family.”Ahmed Khalil -Due Dilligence Analyst II (Poland)
“In Compliance, we strive to make enhancements daily. Therefore, attending meetings with other colleagues and the Head of Compliance to discuss enhancements and solutions is a very important part of the day.
Working alongside some amazing colleagues here at MoneyGram has encouraged me to work harder. I do not just work within my job duties. My daily goal is to do more than the minimum. How can I maximize this day? Having that mind set has helped my career, I have been promoted to Supervisor of the very team in which I started as Compliance Officer II.”Krystall Smith
MoneyGram’s Compliance Program
MoneyGram works diligently to prevent its systems from being used to perpetrate any unlawful activity. We are committed to protecting our customers and preventing the use of our products or services by anyone for money laundering, fraudulent purposes, scams, terrorist financing, OFAC, other watch list or sanctions violations, and other illicit behavior.
Learn More >
Report Illegal & Unusual Activity
MoneyGram is committed to a strong compliance program, and to preventing and stopping fraud to protect our customers and business partners.
Learn More >
MoneyGram supports ongoing professional development through continued education and on-the-job experience.
The Regional Compliance Officer is responsible for working directly with MoneyGram agents within assigned territory. The incumbent is a primary compliance resource with responsibilities of: measuring Agents' Compliance and Anti-Fraud programs; driving training and awareness initiatives; and providing guidance and support to Agents. The incumbent will also be responsible for driving Agents to implement or enhance compliance and anti-fraud policies and procedures and assist in the development of Compliance and Anti-Fraud programs, as required. The Regional Compliance Officer will partner and liaison with business unit representatives to ensure that Agent policies and controls are practical, efficient and workable; captures MoneyGram policies and expectations, as well as regulatory requirements. The incumbent will be tasked with proposing corrective action measures to mitigate any risks identified throughout the execution of tasks.
Executes on established MoneyGram Compliance and Anti-Fraud programs, principles, standards, policy, and oversight expectations within assigned territory.
Implements policies and procedures designed to mitigate exposure and enhance compliance activities.
Ensures program is maintained and relevant.
Consults with internal and external experts to identify risks, best practice and expectations.
Analyzes internal and external information to gain additional intelligence regarding emerging risk.
Communicates policy goals for area of expertise, ensuring application across the enterprise.
Facilitates policy, risk and control discussions with Stakeholders.
Ensures policy objectives are met.
Provides guidance and support to the Regional business through participation in new product/service or channel projects.
Provides support for Agent due diligence activities.
Provides guidance, policy interpretation and support to Agents within the region.
Actively participates in management discussions on risk and participates in governance and risk committee meetings as appropriate.
Provides content messaging for new policies as rolled out.
Ensures training materials are in-line with policy expectations.
Provides Agent and employee training.
Performs other duties as assigned.
Any combination of relevant education and experience and/or related professional designations/certifications in compliance field is highly desirable.
Minimum Required: relevant university degree (Law school /financial preferred) or equivalent combination of educational and work experience
Initial experience in compliance or internal audit role
Experience working in anti-money laundering and/or in financial services would be highly advantageous
Working knowledge of local/regional and European anti money laundering, personal data protection and fraud prevention principles, rules and regulations; knowledge of Bank Secrecy Act and AML Regulations, USA Patriot Act, Office of Foreign Assets Control preferred.
Ability to operate multi-nationally with internal business partners and Agents.
Ability to work in a self-directed and remote environment.
Demonstrated understanding of the MoneyGram's business practices, organizational structure and general policies and procedures.
Demonstrated ability to draft clear and professional correspondence and other documents of a legal, compliance and business nature.
Excellent analysis and problem solving skills.
Excellent customer service skills and the ability to resolve customer complaints.
Demonstrated ability to appropriately work with confidential information.
Ability to facilitate the collection of information through interviews, meetings etc.
Ability to articulate and convey complex, conceptual information to various audiences verbally and in writing.
Experience communicating with regulators and law enforcement agencies.
Experience in public speaking and making clear and persuasive business presentations.
Excellent demonstrated organizational skills, including time management, record keeping, self-scheduling, and follow-up.
Must be a self-starter and be able to act independently.
Demonstrated ability to handle multiple priorities in a dynamic environment.
Professional working knowledge of Romanian and English, both oral and written. Knowledge of Bulgarian/Russian and/or other languages is a strong advantage
Computer literate – knowledge of MS Office, operating systems and database tools.