Compliance Associate - Investigations

Rain is seeking a Compliance Associate to join the Compliance team with a primary focus on transaction monitoring, alert review, and case investigation. This is a hands-on role where you work the alert queue daily, conducting investigations, making Suspicious Activity Report (SAR) recommendations, and contributing directly to the quality and effectiveness of the transaction monitoring program. You will think critically, document thoroughly, and move with urgency without cutting corners.

What you'll do

• Review and disposition transaction monitoring alerts and KYC/KYB onboarding applications end to end, including customer profile review, document verification, beneficial ownership analysis, sanctions and PEP screening, adverse media assessment, and transactional activity analysis
• Conduct enhanced due diligence on high-risk applicants, including source of funds and source of wealth assessment, business model review, and full beneficial ownership chain documentation
• Make well-reasoned SAR recommendations, clearly articulating why activity is or is not suspicious and documenting your analysis in a manner that is complete and defensible to a regulator
• Draft SAR narratives that meet FinCEN quality standards
• Send requests for information (RFIs) to customers or partners where additional information is needed to resolve an alert or application, and follow through to receipt and documentation of the response
• Support periodic KYC refresh reviews on existing customers as part of the ongoing due diligence program
• Contribute to onboarding and investigation policy development by flagging gaps and proposing solutions
• Stay current on FinCEN advisories, FATF typologies, and emerging financial crime trends relevant to stablecoins, virtual assets, and agentic payment typologies

What you bring

• 3 to 5+ years of experience in a compliance, KYC, AML investigations, or onboarding role at a fintech, payments company, or crypto company
• Demonstrated experience reviewing KYB applications for business entities, including beneficial ownership analysis, entity structure review, and corporate document verification
• Experience with OFAC, PEP, and adverse media screening tools, with the ability to make independent screening determinations and document your reasoning
• Demonstrated experience conducting end-to-end AML investigations and preparing SAR-quality case documentation
• Working knowledge of BSA/AML program requirements and FinCEN SAR filing rules
• Experience with transaction monitoring platforms
• Familiarity with blockchain analytics tools and on-chain transaction analysis
• Strong written communication skills
• Ability to work in a fast-paced, high-volume environment where you manage multiple applications simultaneously without losing attention to detail
• A do-er mentality: you are self-directed, take ownership of your queue, and do not wait to be told what to do next

Nice to have

• CAMS certification or progress toward certification

What we offer

• Unlimited time off with a minimum of 10 days required annually
• Flexible working arrangements, with the option to work from home or from an office; new team members receive a stipend to create a comfortable home workspace
• Comprehensive health, dental, and vision plans for you and your dependents, plus a 100% company-subsidized life insurance plan (US-based employees)
• 401(k) retirement plan with a 4% company match
• Equity option plan for all team members
• Rain Card issued to all team members to test core products and services
• Health and wellness benefits, including eligible spending on gym memberships, fitness classes, massages, acupuncture, and other wellness services
• Team summits and company offsites, both domestic and international

About Rain

Rain makes next-generation payments possible across the globe, powering card transactions, cross-border payments, B2B purchases, remittances, and more through stablecoin infrastructure. Backed by top investors including ICONIQ, Sapphire Ventures, Norwest, Galaxy Ventures, Lightspeed, and Khosla, Rain partners with fintechs, neobanks, and institutions to launch global, inclusive, and efficient solutions.