Bitcoin Depot is seeking an AML Compliance Analyst who will be responsible for assisting the Compliance Officer with implementing and supporting the Company’s regulatory compliance program including:
Bank Secrecy Act (BSA);
Anti-Money Laundering (AML);
Office of Foreign Assets Control (OFAC) and sanctions;
Anti-Bribery & Corruption (ABC) / Code of Ethics;
Bitcoin Depot is one of the largest multi-cryptocurrency ATM Networks in the world offering users the ability to buy and sell Bitcoin, Litecoin, and Ethereum instantly at hundreds of locations. Our mission is to provide the most secure, convenient, and fastest cryptocurrency transaction. Our vision is to bring the cryptocurrency market to the masses.
The Compliance Analyst will be exposed to an array of compliance activities, but will primarily be tasked to work effectively with multiple complex data sources and/or technical analytical tools/resources to identify potentially unusual, fraudulent, criminal or suspicious activity as defined by AML/BSA regulations and industry best practices for AML/BSA analysis. This includes (but is not limited to):
Decision transaction monitoring, sanctions, and customer account alerts;
Completes enhanced due diligence on customer accounts triggered by dollar value thresholds;
From the alert or diligence process; identifies, researches, and reports suspicious activity to investigations and completes same;
Through the investigative process; determines if Suspicious Activity Report (SAR) is necessary and completes SAR draft.
Other responsibilities to include:
Assist the Compliance Officer with the investigative process for law enforcement requests, audit requests, regulatory requests, and banking partner requests;
Completes BSA / AML / OFAC and other compliance program reviews, procedure development, red flag development; gap analysis, risk assessments, and training development;
Drafts Currency Transaction Reports (CTR);
Supports Compliance self-testing efforts;
Supports Model Risk Management (MRM) including system tuning & optimization, model validations, and coverage assessments;
Supports international compliance efforts; and
Supports Vendor Management and Business Continuity, as needed.
Bachelor’s degree in Business, Finance, related field or equivalent experience;
Two or more years of financial crimes related experience (e.g.; anti-money laundering, fraud, investigations / SARs, economic sanctions, anti-corruption and bribery);
Excellent oral, written, critical thinking, problem solving and interpersonal skills;
Demonstrated knowledge of laws, regulations, regulatory guidance, and rules impacting the financial services and crypto currency industries;
Sound understanding of compliance and operational risks and internal control frameworks;
Strong analytical / research skills coupled with ability to effectively summarize findings in a succinct and organized manner;
Ability to grasp complex processes quickly and be able to identify risks and compensating controls;
Excellent problem solving abilities and results oriented; able to make decisions independently; and
Excellent organization skills and attention to detail.
Ability to follow detailed procedures/instructions exactly
Ability to manage personal workload and keep track of/meet strict deadlines
Excellent intuition/risk based decision making
Extreme organization/attention to detail
Excellent online research/investigative skills