Compliance Officer Jobs

Company Overview: Temu is a leading e-commerce platform that connects buyers and sellers from around the world. Our mission is to provide a secure and trusted environment for conducting online transactions. To support our commitment to maintaining the highest standards of regulatory compliance, we are seeking a dedicated Compliance Officer to oversee various compliance functions relating primarily to Temu’s payment and settlement functions.

Position Overview: As a Compliance Officer at Temu, you will play a critical role in ensuring that our e-commerce platform adheres to all relevant regulatory requirements. You will be responsible for developing, implementing, and maintaining effective compliance programs, policies, and procedures. Additionally, you will monitor transactions, investigate suspicious activities, and provide guidance to internal teams on compliance matters. The Compliance Officer will report directly to the general counsel and collaborate with cross-functional teams to promote a culture of compliance within the organization.

Responsibilities:

1. Develop, implement, and maintain compliance policies and procedures relating to Temu’s financial operations, including anti-money laundering (AML) and money transmission, ensuring adherence to applicable licensing requirements and reporting obligations.
2. Monitor developments in relevant laws and regulations, assess their impact on the company, and recommend necessary adjustments as necessary.
3. Conduct internal audits and assessments to monitor compliance and identify areas for improvement.
4. Serve as a point of contact for regulatory authorities and auditors, ensuring timely and accurate responses to inquiries and requests for information.
5. Provide guidance, training, and support to employees on regulatory compliance matters, including AML awareness, policies, and reporting obligations.
6. Conduct risk assessments to identify areas of vulnerability and implement appropriate risk mitigation strategies.
7. Collaborate with internal teams, such as Legal, Finance, and Payments, to ensure compliance requirements are integrated into business processes and systems.
8. Foster a culture of compliance within the organization by promoting awareness, accountability, and ethical behavior.

Requirements:

1. Bachelor's degree in a relevant field. Advanced degree or relevant certifications preferred (e.g., Certified Anti-Money Laundering Specialist - CAMS).
2. Proven experience in a compliance role at a financial institution or in e-commerce, preferably with a focus on AML compliance.
3. In-depth knowledge of relevant laws, regulations, and industry standards.
4. Strong analytical skills with the ability to identify compliance risks, conduct investigations, and propose effective solutions.
5. Familiarity with e-commerce payment systems and practices.
6. Ability to communicate complex compliance concepts effectively to both technical and non-technical stakeholders.
7. Strong attention to detail and organizational skills to manage multiple priorities and meet deadlines.
8. Proactive mindset with the ability to work independently and collaboratively in a dynamic and fast-paced environment.
9. Ethical and professional conduct with a commitment to maintaining confidentiality and integrity.