Risk Analyst

✨ ONE PLATFORM, A WHOLE WORLD OF OPPORTUNITY The best jobs are often restricted to a few wealthy cities, but talent exists everywhere. Oyster set out to change this by launching a global employment platform that enables companies to hire, pay, and support talent anywhere. We’re proof that a strong, engaged culture doesn't require an office. Since January 2020, Oyster has: 🌏 Built a distributed team of 400+ across 60+ countries 👩‍💻 Featured in Forbes https://www.forbes.com/sites/laurabegleybloom/2024/01/25/work-from-home-or-anywhere-top-30-companies-for-remote-jobs-in-2024/ as #9 in FlexJobs Top 30 Companies for remote jobs 🌈 Formed a diverse leadership team and a workforce that’s 60% female 🏆 Earned top employee engagement scores 🦄 Raised $286 million; valued at $1.2 billion 💚 Achieved B Corp status in 2023 Our momentum shows the power of global employment, and we’re just getting started! If you want to help us drive change and work remotely, we’d love for you to apply! Location: While this position is posted in a specific location, all of Oyster’s positions are fully remote and you can work from home. Forever. To create the best experience for our new hire, this role requires you to be based within +3 / -4 UTC. PLEASE NOTE: THIS IS NOT A PRACTICING ATTORNEY POSITION. We seek a Risk Analyst to join our Governance, Risk and Compliance (GRC) team. Reporting to the Risk Manager. This role is designed for an early-career professional with a strong foundation on Enterprise Risk Management (ERM), KYC/AML support, and global compliance operations. In this role you will be instrumental in developing and maintaining Oyster's ERM program—supporting risk identification, assessment, monitoring, and reporting across our global employment platform. You'll also provide meaningful support to the KYC team and, on occasion, assist the broader Compliance function. The Risk Analyst will also participate in broader GRC team goals, such as policy implementation, research and training initiatives. The professional will help ensure our operations align with global best practices, thus safeguarding our platform and customers. Key Responsibilities - Assist the Risk Manager in building and maintaining an Enterprise Risk Management Programme. - Assist the Risk Manager in building, maintaining, and continuously improving Oyster's enterprise risk register, risk appetite framework, and risk taxonomy. - Support periodic risk assessments across business functions (e.g., Payments, Payroll, KYC, Vendor Management), identifying risk owners, inherent/residual risk ratings, and control gaps. - Help coordinate risk workshop meetings: prepare agendas, draft meeting notes, track action items, and maintain risk documentation. - Monitor Key Risk Indicators (KRIs) and assist in developing risk dashboards and executive-level reporting materials. - Support third-party and vendor risk management processes, including initial risk tiering, screening, and periodic reviews. - Assist with operational risk assessments for new product launches, geographic expansions, and process changes. - Help develop and maintain ERM policies, procedures, frameworks, and internal tooling. - Support control testing activities as required. - Document risk findings clearly, including rationale behind risk ratings and escalation decisions. - Assist with KYC/KYB due diligence on new and existing business clients, ensuring compliance with AML regulations across applicable jurisdictions. - Support sanctions screening workflows and escalate potential matches in accordance with internal procedures. - Help conduct Enhanced Due Diligence (EDD) reviews for high-risk customers, as directed. - Maintain accurate audit trails and case documentation. - Assist with vendor onboarding and offboarding screening, including adverse media and sanctions checks. - Support investigations into flagged activity using public and non-public databases and records. - Help prepare case recommendations with documented findings and clear decision rationale. - Assist in monitoring regulatory developments relevant to Oyster's global operations (employment law, AML, data privacy, payroll reporting). - Contribute to the development of compliance policies, playbooks, FAQs, and training materials. - Support fulfillment of regulatory, legal, and client information requests. - Participate in compliance training initiatives and cross-functional GRC projects. Core Requirements - 1–2 years of experience in risk management, compliance, KYC/AML, internal audit, or a related field. - Basic understanding of risk management frameworks (e.g., ISO 31000, COSO ERM) — or demonstrated willingness and ability to learn quickly. - Familiarity with KYC/AML concepts, customer due diligence (CDD/EDD), and sanctions screening fundamentals. - Strong analytical, research, and organizational skills with high attention to detail. - Clear written and verbal communication; ability to document findings and summarize risks for varied audiences. - Comfortable operating in ambiguity and managing multiple priorities in a fast-paced, remote-first environment. - Demonstrated proactivity in identifying gaps, asking targeted questions, and escalating appropriately. - Bonus Qualifications (Not required but good to have) - Certification: CAMS, CRISC, CRMA, CRM, GRCP, or equivalent - AML Law Knowledge BSA, USA PATRIOT Act, OFAC, FATF guidelines - GRC Tooling Exposure to risk management platforms - Industry: Banks, Large corporations, HR tech, SaaS, Fintech, or global employment platforms - Function: Prior experience in a corporate compliance, risk department, or internal audit. You'll also need - A reliable home internet connection (or be able to get one) - Fluent English language skills HOW WE WORK TOGETHER AT OYSTER Our values guide the work we do, the decisions we make, and the culture that makes us special. We make it happen. We drive change. We build and give trust, and we are a united team. Our mission is to create a more equal world, one global hire at a time. Everything we do ladders up to our mission, and that doesn’t just mean building software. We develop programs, participate in workshops, and create dedicated teams to ensure we successfully support companies and knowledge workers in this new world of work.  We embrace asynchronous communication and collaborative work and share our practices in the Oyster Public HQ https://oysterhr.notion.site/Welcome-to-The-Reef-Oyster-s-Open-Source-Employee-Guide-fc482e3f107c4afd8c85ed217f1d0c1d to help other global teams learn from our experiences. HOW YOU WORK With diverse locations, cultures, and needs, we created How YOU Work; https://oysterhr.notion.site/How-YOU-work-ac16c1932e314ffd8cb693e332458395 a program supporting your whole human experience at Oyster: - Work from anywhere: Oyster has no borders or HQ. As long as work is timely, your team is supported, and you're authorized to work where you live, you can work from anywhere. - Paid time off: Enjoy 40 days off per year (including holidays and vacation), or more if required by your country. - Mental health support: Access Plumm https://oysterhr.notion.site/Plumm-3b5e7e70dec6428e975f68f25972cfb7, our mental well-being service. - Wellbeing allowance: Each month, receive a wellbeing allowance in your ThanksBen wallet. Spend it on a wide range of options; see the benefits catalogue https://www.thanksben.com/employee-benefits-catalogue for ideas. - Flexible parental leave: All new parents are eligible for at least three months’ paid leave, with job protection for up to 12 months or as required locally. - WFH stipend: Receive a stipend for your laptop and home office equipment to get you set up quickly. ✨ THE BEST JOBS SHOULD BE AVAILABLE TO EVERYONE  We embrace diverse perspectives and intentionally build our product and company with an inclusive, global mindset. We encourage you to apply, even if you don’t meet every criterion, and are committed to a trust-based, thriving environment. Oyster is committed to ensuring equal opportunity of employment for qualified persons with disabilities and actively fosters an inclusive work environment. If you require reasonable accommodations throughout the recruiting process, please email jobs@oysterhr.com with the subject line: Interview Accommodations. Our available positions are on our careers page. Our team will only contact you from an @oysterhr.com email, and we will never ask for money as part of an interview process or job offer. If you receive a suspicious email about Oyster jobs or are directed to a site other than www.oysterhr.com/careers http://www.oysterhr.com/careers, please report it via our Compliance and Ethics Helpline https://www.oysterhr.com/trust.