The company needs to ensure compliance with anti-money laundering (AML) and counter-terrorist financing (CFT) regulations, particularly within the high-risk arena of digital assets and cryptocurrency.
Requirements
- In-depth understanding of AML-related laws and regulations, including the Bank Secrecy Act, PATRIOT Act, OFAC rules, and familiarity with the FFIEC Exam Manual
- Knowledge of digital asset technologies and their associated money laundering and terrorist financing risks
- Proficiency in Microsoft Office (Word, Excel, PowerPoint, Outlook) and experience with AML compliance software
- Experience with cryptocurrency exchanges, wallets, and DeFi platforms is highly desirable
- Familiarity with advanced transaction monitoring tools and the ability to analyze transactions
- Experience with AML/CFT compliance initiatives
- Knowledge of regulatory changes, industry best practices, and emerging risks in the digital asset and cryptocurrency space
Responsibilities
- Conduct detailed reviews of transactions involving digital assets to ensure compliance with AML/CFT regulations
- Identify and escalate unusual or suspicious activities across various digital asset products and customer types
- Manage a portfolio of investigations, ensuring adherence to deadlines and compliance standards
- Review customer documentation and KYC information to assess risks related to digital asset transactions
- File Suspicious Activity Reports (SARs) with FinCEN when necessary, ensuring all required documentation is complete and accurate
- Stay updated on regulatory changes, industry best practices, and emerging risks in the digital asset and cryptocurrency space
- Complete required training and proactively seek additional learning opportunities related to AML/CFT and digital assets
Other
- High School Diploma or equivalent; Bachelor’s degree in criminal justice, finance, business, or a related field preferred
- Strong analytical and organizational abilities with attention to detail and the capacity to resolve complex compliance issues
- Excellent written and verbal communication skills, with the ability to provide constructive feedback and clear documentation
- Ability to work independently and collaboratively in a fast-paced, dynamic environment while maintaining high-quality standards
- 5+ years in banking or financial compliance, or a role related to criminal justice, fraud, or investigations, with a strong focus on AML regulations
