Member of Compliance, Sanctions
Anchorage Digital
This job is no longer accepting applications
See open jobs at Anchorage Digital.See open jobs similar to "Member of Compliance, Sanctions" Blockchain Association.Technical Skills:
- Demonstrate strong knowledge in evolving cryptocurrency regulations, custody and brokerage operations.
- Understanding of United States and/or Singapore BSA/AML and Sanctions Regulations. Plus familiarity with OFAC’s Specially Designated Nationals (SDN) List and sanction programs. This is inclusive of MAS AML and sanctions regulations and reporting requirements.
- Expertise or experience in using blockchain analytics tools to disposition alerts and review on-chain risk.
- Review and disposition or escalate screening alerts originating from client onboarding or KYC reviews, incoming deposits or outgoing withdrawals, digital asset support reviews and ad-hoc screening requests.
- Determine sanction risk using blockchain analytics, IP address monitoring or geo-location blocking tools.
- Perform in-depth research on companies and/or individuals who are clients, prospective clients and/or connected parties by utilizing a range of internal data (e.g. transaction activity, KYC etc.) and external data (e.g. blockchains, internet, media, legal, corporate and other publicly available records and databases).
- Analysis of both quantitative and qualitative data sets to produce in-depth and high-quality written reports that provide assessments of financial crime (e.g. money laundering, bribery and corruption, fraud, tax evasion, sanctions and terrorist financing). Maintain thorough records and supporting documentation for all sanctions alerts and investigations.
- Manage Sanctions-related screening lists, including assisting the OFAC/Sanctions Officer with the selection and testing of Sanctions screening lists and system.
- Refine and build upon our sanctions and transaction monitoring compliance frameworks, including maintenance and enhancement of relevant policies and procedures.
- Prepare monthly management reporting for sanctions metrics for the OFAC Officer and BSA Officer.
- Actively develop knowledge of criminal methods and AML/sanctions typologies, applying these characteristics through analysis of transaction data to identify unusual activity.
- Stay abreast of industry standards and developments in the areas of KYC/AML, and sanctions, and apply regulatory requirements and internal policies and procedures to sanctions related duties and responsibilities.
Complexity and Impact of Work:
- Works collaboratively with the team and internal stakeholders on the analysis and assessment of key financial regulatory developments, consultations or discussion papers.
- Prepares and/or coordinates submission of periodic or ad hoc regulatory returns.
- Assists management in ensuring relevant compliance policies and procedures are up to date.
- Consistently demonstrates on-time delivery and high quality work product. Where a deadline or commitment is at risk, escalates to manager to help manage priorities, if appropriate, and alerts affected stakeholders so "no surprises."
- Ability to determine false positives and true matches in regards to screening alerts with minimal supervision.
Organizational Knowledge:
- Is aware of Anchorage regulatory, licensing, and business expansion strategy to assist in successful implementation and is considered when defining the planning and goals of the team.
- Influences the Compliance and Tech roadmap for implementing necessary controls.
- Monitors the development of the company objectives and new product innovation to ensure compliance has a seat at the table.
- Ensures that knowledge is shared amongst the Compliance Teams and does not position themselves or others as a single point of failure.
Communication and Influence
- Mentors and guides new hires and others within Compliance to help understand Compliance’s impact, importance, and strategic goals for Anchorage.
- Promotes positive working environments for inside and outside of the team with proper listening, speaking and empathy with colleagues, as well as embodies as a role model of our culture pillars.
- Works closely with the team in order to solve problems and assist or guide other members in processes or workflows within their area of specialization or domain, helping others understand the strategic goals of Anchorage and how their work relates to these.
- Uses expert judgment, insight, recommendations, conclusion, and ideas on how to improve the team (e.g., workflows, inventory, etc.)
- Consistently expresses clear, thoughtful, analytical and solution-oriented communications, whether in high-impact slides/decks, written communications in slack or email, or verbal communications.
- Have slack installed on your personal device.
- Have a working relationship across Anchorage legal entities to ensure seamless handover between global compliance teams at the end of the day.
You may be a fit for this role if you have:
- Experience in BSA/AML transactional reviews
- Knowledge in BSA/AML and/or Sanctions regulations
- Expertise in using sanctions screening systems and working ongoing monitoring alerts
- A passion for building out programs in their early stages, including creation and maintenance of policies, procedures, and new tools
- A proven track record of being able to work independently
- A strong attention to detail
- Highly curious and a fast learner
Although not a requirement, bonus points if:
- You have expertise in data analytics and/or spreadsheet pivots/formulas for data analysis.
- Blockchain Analytics experience and Certifications (TRM, Chainalysis, etc.)
- You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)
This job is no longer accepting applications
See open jobs at Anchorage Digital.See open jobs similar to "Member of Compliance, Sanctions" Blockchain Association.