Job description
Job Responsibilities:
- Conduct thorough customer due diligence (CDD) reviews to verify the identity of new and existing customers, assess risk profiles, and ensure compliance with AML/KYC requirements.
- Analyze and review customer documentation, transaction patterns, and other relevant data to detect and investigate suspicious activities, including potential money laundering or terrorist financing.
- Monitor and enhance transaction monitoring systems to identify and report any unusual or suspicious transactions promptly.
- Collaborate with internal teams, such as Fiat Payment, Legal, and Operations, to ensure consistent implementation and adherence to AML/KYC policies and procedures.
- Stay updated on regulatory developments, industry trends, and emerging risks related to AML/KYC compliance within the industry.
- Handle inquiries and escalations related to AML/KYC matters from internal and external stakeholders, including law enforcement agencies and regulatory bodies.
- Assist with regulatory examinations, audits, and inquiries related to AML/KYC compliance.
- Continuously evaluate and improve AML/KYC processes and controls to enhance efficiency and effectiveness.
Job Requirements:
- Bachelor's degree in Finance, Business Administration, or a related field. Relevant certifications (e.g., CAMS) would be advantageous.
- Proven experience (1-2 years or more) working in AML/KYC compliance, preferably within the crypto industry or a financial institution.
- In-depth knowledge of AML/KYC regulations, frameworks, and best practices, including familiarity with FATF recommendations.
- Strong understanding of blockchain technology, cryptocurrencies, and associated risks and vulnerabilities.
- Experience with transaction monitoring tools and familiarity with industry-standard AML/KYC software solutions (e.g., Chainalysis, Elliptic, Sumsub).
- Excellent analytical and investigative skills, with the ability to identify patterns, anomalies, and potential risks.
- Effective communication skills, both written and verbal, with the ability to explain complex AML/KYC concepts to various stakeholders.
- Language skill: High proficiency in English.