BitPay is looking for an AML Analyst to join our Legal and Risk team. You'll be helping with the onboarding of new merchants through financial transaction monitoring, outreaching to regulators and banks, and jumping on different projects when needed. This role is looking for a quick and eager learner with a great attitude.
RESPONSIBILITIES:
- Screen new merchants that apply for an account in line with the internal on-boarding process
- Monitor and review merchant account details to ensure accounts are in good standing, legally operating their businesses, and within Terms of Use
- Be in direct contact via email with our customers to answer questions related to compliance
- Conduct regular compliance monitoring and testing to assess company’s compliance with all applicable laws/regulations and create written reports of findings
- Maintaining Policy and Procedures (collectively, the Program), to include the implementation of internal controls such as Know Your Customer, Customer Identification Program, Monitoring of Suspicious Activity, Filing and Retaining of Regulatory Reports, and Conducting Periodic Risk Assessments
- Prepare Enhanced Due Diligence (EDD) reports and other analytic reports as necessary
- Assist law enforcement/government agencies by drafting a response to subpoenas that we receive
- Investigate and assess alerts for potential money laundering risks.
- Ensure efficient identification and monitoring of suspicious activities and transactions.
- Provide direction and guidance to employees on appropriate remediation action for high risk accounts.
- Must be able to effectively communicate with senior leadership or senior executives of high risk accounts.
- Support internal testing and monitoring functions.
- Other duties as assigned.
REQUIREMENTS:
- 2+ years of experience in (AML) compliance preferably in the crypto industry
- Solid research, communications, analytical, organizational, and interpersonal skills
- Strong attention to details
- A self-starter mentality with the ability to work flexible hours and perform well under pressure
- Quick-thinker, eager to learn and develop new skills
- Team-player with a good sense of humor
PREFERRED SKILLS:
- ACAMS Certifications
- Crypto or financial industry background
- Some pre-law experience
What We Offer:
- Collaborate with a team of intelligent, enthusiastic individuals
- Thrive in a rapidly expanding crypto company with global reach, where your contributions make a tangible impact
- Work remotely with a generous vacation policy, including the opportunity to take a sabbatical and select your own holidays
- Access to continuous learning and development opportunities, supported by professional development reimbursement
- Competitive salary package with comprehensive benefits, including fully covered medical and dental plans, telemedicine, life insurance, disability insurance, vision coverage, 401k, travel assistance, and more
- Option to receive payment in cryptocurrency, along with a crypto match program
- Stock option awards available to all employees
- Home office allowance, reimbursement for internet/cell expenses, complimentary Amazon Prime and Spotify subscriptions
