AML Associate

About Poshmark

Poshmark is the leading fashion marketplace where style comes alive through discovery, self-expression, and human connection. Powered by a vibrant community of 165 million members, Poshmark brings real people and taste to shopping through a social experience shaped by shared discovery. Buying and selling fashion feels simple, joyful, and personal, while every item tells its own story. Poshmark empowers sellers to grow meaningful businesses, keeps fashion in circulation longer, and gives shoppers access to unique and trusted finds, from everyday pieces to one-of-a-kind vintage and luxury.

Poshmark is looking for an Associate of Financial Crimes Compliance.. This role will report to the Manager of Financial Crimes Compliance. This exciting role is focused on preventing money laundering in the Poshmark platform and helps Poshmark stay compliant with our Customer Identification Program. In this community facing role you will have the opportunity to protect Poshmark while ensuring the best experience for the community of users. This position will sit within a growing department at Poshmark and offers opportunity for growth and advancement. You’ll gain deep expertise in a growing field that can turn into a very meaningful career.
Responsibilities
AML and OFAC Knowledge and Application: Apply AML best practices. Ensure compliance with KYC and OFAC screening policies. Stay informed and adhere to Poshmark's operational policies.
Quality Control and Accuracy: Maintain quality standards in decision-making during user reviews. Maintain accurate documentation and reporting.
Teamwork and Communication: Collaborate effectively with team members. Ensure quality customer communication. Communicate high risk review details to leadership.
6-month accomplishments:

• Understand and keep up to date with Poshmark operational policies

• Informed on AML program processes and systems

• Working knowledge of AML best practices

• Review accounts to ensure compliance with our identity and sanction screening policies.

• Maintain quality and accuracy standards

• Maintain queues within SLAs (service level agreement)

• Be a team player - collaborate with other team members to help the team meet their goals and objectives.

• Ensure team communication with customers meet quality standards

• Communicate details of high risk review to team leads and managers.

• Maintain documentation and reporting requirements for an AML program as outlined by leadership.
  

12+ month accomplishments:

• Review Low + Medium risk accounts for money laundering or criminal activity.

• Become a subject matter expert in Poshmark AML topics
  

Requirements and skills

• Experience Requirements - Candidates with 6 Months - 1 year(s) of experience

• Demonstrate strong critical thinking, analytical and decision making skills

• Strong communication skills

• Flexibility in shifting priorities

• A commitment to protecting Poshmark and it’s community of users

• Ability to understand and communicate complex cases with leadership

• Experience operating at a high level of professionalism, integrity and discretion

• Ability to work independently

• Previous AML or fraud experience preferred but not required
  Work Schedule :
  Shift days: Tuesday - Saturday (or) Sunday - Thursday
  Time ( IST ) : 7:30pm - 4:30 AM or 4:00 AM to 1 PM