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Rho

Associate Compliance Officer

Posted One Month Ago
Be an Early Applicant
Hybrid
New York, NY, USA
Junior
Hybrid
New York, NY, USA
Junior
Support onboarding compliance by performing CDD/KYB: gather and verify documentation, run risk assessments, flag/escalate suspicious activity, maintain records, assist periodic reviews and reporting, update procedures, and use compliance platforms to ensure BSA/AML, OFAC, and FinCEN adherence.
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About Us

Rho is the modern banking platform built for the AI era. Startups and growth-stage companies can open accounts in minutes, issue cards, manage expenses, pay bills, and close the books – all in one connected platform backed by real human support.

About the Role

Rho is seeking an Associate Compliance Officer to support our onboarding compliance team. You'll own day-to-day customer due diligence (CDD) and Know Your Business (KYB) work for new client onboarding — gathering and verifying documentation, running risk assessments against established frameworks, and escalating issues to senior compliance staff. You'll play a vital part in keeping Rho compliant with BSA/AML, OFAC, and FinCEN requirements while maintaining the application review velocity our customers expect. This full-time, onsite role is a strong fit for someone looking to build a career in banking or fintech compliance within a growing, mission-driven company.

What You'll Do

  • Support the CDD and KYC/KYB processes for new client onboarding by gathering and organizing required documentation in accordance with BSA/AML, OFAC, and FinCEN requirements

  • Collect and verify client documentation, including business formation documents, ownership structures, and beneficial ownership information, escalating discrepancies to senior team members

  • Assist in performing risk assessments on potential clients using established frameworks and checklists

  • Flag and escalate suspicious activity or potential compliance issues identified during onboarding to senior compliance staff

  • Coordinate with internal teams, including sales and operations, to collect outstanding client information and ensure timely onboarding

  • Maintain accurate and complete records of client onboarding files, compliance decisions, and supporting documentation in accordance with team standards

  • Support periodic reviews of existing client accounts by gathering and organizing documentation for senior team review

  • Assist in the preparation of compliance reports and data pulls as directed by management

  • Support updates to policies and procedures by documenting process changes and maintaining version-controlled records

  • Utilize compliance technology platforms to process onboarding tasks, input data, and maintain system accuracy

  • Follow established onboarding compliance policies and procedures, providing feedback to senior staff on potential process improvements

  • Participate in compliance training sessions and apply best practices to daily onboarding tasks, developing foundational knowledge of fintech and banking regulation through ongoing training and self-study

  • Take on other activities as determined by your supervisor

You Have

  • A Bachelor's degree in finance, business, or a related field preferred

  • 1–2 years of experience in compliance, finance, banking, or a related operations role

  • Working understanding of BSA/AML, OFAC, and FinCEN requirements, including CDD and KYB concepts

  • Exceptional attention to detail, strong organization, and a proactive approach to problem-solving

  • Ability to manage a queue independently, prioritize across competing deadlines, and meet required service levels

  • Comfort working in compliance technology platforms and learning new systems quickly

  • Clear written and verbal communication skills, with the judgment to know when to escalate

Compensation & Schedule

  • Full-time, salaried position with benefits

  • Onsite work environment

  • Standard weekday schedule; occasional flexibility may be needed to meet onboarding volume

  • Opportunity for growth into senior compliance roles based on performance and business needs

Diversity is a core value at Rho. We are committed to building a welcoming and inclusive workplace for all.

HQ

Rho New York, New York, USA Office

100 Crosby St, New York, NY, United States, 10012

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