Compliance Associate

Your Purpose 

As Compliance Analyst, you will be performing qualitative and quantitative analysis over transaction monitoring alerts raised and prepare internal investigation case reports based on the analysis conducted.
You will be working closely with group Compliance Managers and MLROs and aid in the SAR preparation process. 

Reports To

Compliance Investigations Manager

Who You Are 

Failure to meet any of the following required qualifications could result in an automatic rejection.

What we value:

• Passion for Bitso’s mission
• Entrepreneurial mindset, this is key!
• Be inspired and energized by our values: Drive change, Be human, Embrace your freedom.
• Rolling up your sleeves and getting things done. No task is insignificant.
• Raising the quality bar and challenging others 
• Seeing opportunities when others see problems
• Passion for working with a diverse group of people and different points of view
• A collaborative spirit who gives thoughtful and constructive feedback
• Making decisions guided by long-term company objectives 
• Setting ambitious goals, taking risks, and empowering others

What You Will Do 

Responsibilities:

• Investigate Users in relation to AML/TF concerns in Crypto (Chainalysis) and Fiat environments
• Keep Registers (Admin, Spreadsheets on Drive, Unit21, Jira, Zendesk) up to date with every case generated
• Coordination with different Jurisdictions to fulfill authority requirements
• Creation and modifications on Manuals/Process in Compliance 
• Identify and alert with urgent sense of Sanctions matters or Negative Adverse Media
• Clearly communicate requirements and expectations with Users, and have an overall customer centric approach to communication
• Collaborate with the Compliance, KYC, Customer Support, Payments teams on an ad hoc basis as required 
• Leverage feedback for continuous improvement to the investigation process
• Develop a deep understanding of AML typologies and Users and their operational objectives
• Assist with ongoing remediation programs
• Perform activities associated with Transaction Monitoring, including monitoring, alert investigation, and case escalation.
• Verification of customer information and conduct of due diligence reviews, as part of the Money Laundering Prevention policy.
• Assist in internal and external audits.
• General knowledge of AML/FT Regulations and Best Practices (local and international).
• Knowledge of PEPs and what documentation and information are required for designation.
• Assist the Compliance team in new and current projects.

 To succeed in this role, you’ll need:

• At least 2 years of experience in the Compliance, KYC/Onboarding, AML or Risk departments.
• General knowledge of AML/FT Regulations and Best Practices (local and international).
• Extremely tech savvy.
• Advanced knowledge in Excel.
• Strong analytical and problem solving skills.
• Familiarity with cryptocurrencies and blockchain technology.
• Adaptability to an ever-changing environment and the capability to articulate thorough analysis to stakeholders.
• Experience working in a business environment where scalability is critical.
• Excellent communication and documentation skills.

Additionally, it would be nice if you: 

• Experience working in crypto industry, compliance / AML, fraud and risk teams
• Experience with alternative payment methods and risks.
• Experience with machine learning systems to detect and prevent unusual patterns or suspicious activities and fraudulent online payments or willingness to embrace these new technologies to create efficiencies in current processes. 
• Experience with blockchain AML forensics tools.