Financial Crime Monitoring Senior Associate

Job Detail

About The Job:

Key Responsibilities:

Utilize blockchain analysis tools and transaction monitoring systems (Elliptic), to analyze and monitor virtual currency transactions;
Conduct thorough reviews of transactional data to identify suspicious activities, patterns, and anomalies indicative of money laundering or terrorist financing;
Collaborate with internal teams to investigate flagged transactions, gather additional information, and make informed decisions on potential risks;
Stay updated on emerging trends, regulatory requirements, and industry best practices related to transaction monitoring in the virtual currency sector;
Document findings and maintain detailed records of transaction monitoring activities, ensuring compliance with audit and regulatory standards;
Communicate effectively, providing clear and concise reports and recommendations based on transaction monitoring outcomes;
Take the lead in continuous improvement initiatives related to transaction monitoring processes and systems.

Qualifications:

Bachelor’s degree in business, finance, law, or a related field. Advanced degree or professional certification (e.g., CAMS, CFE, CRCM) preferred;
At least 5/6 years of relevant work experience in AML, compliance, risk management, or the virtual currency industry;
Experience with international payments with complex funds flow between FIAT and Cryptocurrencies within virtual currency exchanges, payment platforms, or fintech companies;
Proficiency in using Elliptic;
Strong understanding of virtual currency transactions, blockchain technology, and associated risks;
Ability to identify and assess potential money laundering and terrorist financing risks in virtual currency transactions;
Analytical mindset with the ability to interpret complex data and draw actionable conclusions;
Excellent communication skills to convey findings and recommendations effectively.