Compliance Analyst, FIU

United Statesmid

LegalCompliance Analyst

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Quick Summary

Key Responsibilities

Performing comprehensive and insightful investigations into flagged transaction activity or accounts, and making recommendations for the filing of Suspicious Activity Reports. Analyzing, reviewing,

Requirements Summary

2-5 years experience in AML transaction monitoring, investigations, and SAR reporting. 2+ years of experience with using blockchain analytics tools (Elliptic, TRM Labs, Chainalysis, etc),

Technical Tools

LegalCompliance Analyst

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a global presence and multiple Trust companies, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.

This role will require being full-time onsite at our New York City office to support collaborative team dynamics and innovative problem-solving.

We are seeking an Investigations Specialist to join BitGo’s Financial Intelligence Unit. BitGo is looking for a digital asset financial crime investigations expert who will drive efforts to enhance BitGo’s anti-money laundering program. BitGo is specifically looking for candidates who will propel automation of transaction monitoring systems and investigation processes. The successful candidate requires expertise in digital asset financial crime typologies, trends, and a deep understanding of blockchain technology and digital asset tracing. This role reports directly to the Head of Financial Intelligence Unit.

Responsibilities

~1 min read

→Performing comprehensive and insightful investigations into flagged transaction activity or accounts, and making recommendations for the filing of Suspicious Activity Reports.
→Analyzing, reviewing, and investigating transaction monitoring alerts using tools such as Elliptic, TRM Labs, and Unit21 to identify and escalate financial crime red flags.
→Keeping a watchful eye over wider BitGo platform activity to identify potential financial crime red flags, including reviewing law enforcement & 314(b) inquiries, sanctions screening, negative news, or 314(a) escalations, referrals from BitGo employees or external parties.
→Collaborating with the wider Compliance team on program enhancements such as risk rule and detection scenario calibration, quality assurance reviews, and data analysis.
→Drafting and updating Financial Intelligence Unit procedures, participating in AML training and education efforts.
→Maintaining an advanced understanding of AML typologies that relate to digital asset transactions, correspondent banking, high risk jurisdictions, and be a vocal point for current regulatory trends, enforcement actions and crypto related financial crime news.
→Identifying and reacting to trends and typologies through metrics and data analysis.
→Collaborating with other teams at BitGo and contributing to regulatory exams.
→File regulatory reports (such as SARs).

Requirements

~1 min read

2-5 years experience in AML transaction monitoring, investigations, and SAR reporting.
2+ years of experience with using blockchain analytics tools (Elliptic, TRM Labs, Chainalysis, etc), and an advanced understanding of the concepts that underpin blockchain transaction tracing. Certification such as Chainalysis Reactor is preferred.
Knowledge and understanding of AML regulatory requirements and expectations.
Strong investigative and analytical skills; experience leveraging multiple information sources to run an investigation.
A drive to understand the causes and reasons for account or transaction behavior and an eagerness to ‘paint the picture’ of an alert, investigation, or account review.
Excellent written, oral communication, and argumentative skills.
Willing to learn and become an expert in complex blockchain based subject matter and crypto crime concepts.
Ability to work independently and with minimum supervision; be comfortable navigating various internal systems and tools provided by vendors.
Organization and time management skills.
Eagerness to work with other teams in a highly collaborative startup Fintech environment.