Senior AML Analyst

BitPay is looking for a Senior AML Analyst to join our compliance team. You'll be helping with the onboarding of new merchants, performing financial transaction monitoring, conducting outreach to regulators and banks, and assisting with ad hoc compliance projects when needed. This role is looking for a quick and eager learner with a great attitude.

RESPONSIBILITIES

• Screen new merchants that apply for an account in line with the internal on-boarding process
• Monitor and review merchant account details to ensure accounts are in good standing, legally operating their businesses, and within Terms of Use
• Conduct regular compliance monitoring and testing to assess company’s compliance with all applicable laws/regulations and create written reports of findings
• Prepare Enhanced Due Diligence (EDD) reports and other analytic reports as necessary
• Assist law enforcement/government agencies by drafting a response to subpoenas that we receive
• Be in direct contact via email with our customers to answer questions related to compliance
• Investigate and assess alerts for potential money laundering, fraud and sanctions risks
• Ensure efficient identification and monitoring of suspicious activities and transactions
• Prepare suspicious activity reports and continuing activity reports
• Take direction from and assist senior officers in maintaining Policy and Procedures (collectively, the Program), to include the implementation of internal controls such as Know Your Customer, Customer Identification Program, Monitoring of Suspicious Activity, Filing and Retaining of Regulatory Reports, and Conducting Periodic Risk Assessments
• Respond to data privacy and law enforcement requests
• Provide direction and guidance to employees on appropriate remediation action for high risk accounts and transactions
• Must be able to effectively communicate with senior leadership or senior executives of high risk accounts
• Communicate with various software vendors
• Assist with data collection for regulatory exams and regulatory presentations
• Support internal testing and monitoring functions

REQUIREMENTS:

• 3+ years of experience in (AML) compliance or financial services industry
• Solid research, communications, analytical, organizational, and interpersonal skills
• Strong attention to details
• A self-starter mentality with the ability to work flexible hours and perform well under pressure
• Quick-thinker, eager to learn and develop new skills
• Team-player with a good sense of humor

PREFERRED SKILLS

• ACAMS Certifications
• Banking, crypto or financial background
• Some pre-law experience
• Experience with Fraud and/or Sanctions Risk typologies

WHAT WE OFFER

• Collaborate with a team of intelligent, enthusiastic individuals
• Thrive in a rapidly expanding crypto company with global reach, where your contributions make a tangible impact
• Work remote with a generous vacation policy, including the opportunity to take a sabbatical and select your own holidays
• Access to continuous learning and development opportunities, supported by professional development reimbursement
• Competitive salary package with comprehensive benefits, including fully covered medical and dental plans. We also offer telemedicine, life insurance, disability insurance, vision coverage, 401k, travel assistance, and more
• Option to receive payment in cryptocurrency, along with a crypto match program
• Stock option awards available to all employees
• Home office allowance, reimbursement for internet/cell expenses, complimentary Amazon Prime and Spotify subscriptions