Compliance Associate Jobs

PowerCoin is looking for an entry level AML Compliance Associate to join our Compliance team. The ideal candidate is passionate about both cryptocurrencies, combating financial crime, and eager to dive into learning about and monitoring our fast-growing user base.

As a regulated Bitcoin ATM company, compliance is essential PowerCoin’s business. This is an exciting opportunity to become a key member of PowerCoin's Compliance team responsible for monitoring compliance with our traditional and behavioral KYC policies, conducting EDD reviews, OFAC Sanctions reviews, identifying potential scam victims, assisting with law enforcement requests, and alert triage.

This is a remote-first position which may require some infrequent travel to our Lancaster, PA office location.

What you'll be doing primarily:

• Use internal reporting to identify potential scam cases, alert customers, and if confirmed refer them to Cybera for assistance.
• Create EDD Review case files and retain findings
• Daily monitoring of customer transaction activity to identify alerts on customers requiring further investigation.
• Compile monthly reporting on scam activity
• Complete new requests for information
• Refer unusual activity for review by Investigations team
• Daily monitoring of customer transaction activity to identify customers requiring additional CDD or EDD requests for information.
• Other tasks to support the FIU as required.
• Review completed requests for adequacy
• Review accounts flagged for potential SDN list name matches
• Triage and collect supporting documentation related to requests for information from Law Enforcement
• Monitor Cybera claims dashboard and customer service queue for incoming scam or fraud complaints and take appropriate action on customer accounts.

Required qualifications:

Bachelor's degree or equivalent work experience.

• Excellent project management and organizational skills, including ability to work on multiple projects simultaneously in a fast-paced and dynamic environment.
• Expert oral, written, and interpersonal communication skills with the ability to distill and present complex information accurately and clearly.
• Anti-money laundering ("AML"), anti-financial crime, law enforcement, or investigative experience; or equivalent work experience plus strong interest in becoming an expert in crypto financial crimes compliance.
• Knowledge of (or strong interest in learning) US and international AML and sanctions regulations and guidance such as the Bank Secrecy Act, FinCEN Customer Due Diligence Rule, US Patriot Act, and Non-US AML Regulations as they become relevant to business needs.
• Comprehensive understanding of blockchain technology and the bitcoin network particularly the financial crimes typologies prevalent in the world of cryptocurrencies.
• Experience using Chainalysis or Elliptic.
• Advanced research and analytical skills.
• Commitment to working at the highest standards of professionalism, integrity, and teamwork.
• High attention to detail, high efficiency, and excellent time management skills.

Bonus if you have:

Spanish language fluency

·Prior experience in cryptocurrency compliance and familiarity with blockchain tracing, transaction monitoring, and data analytics tools.

·Previously worked on numerous projects, queues, backlogs, and priorities in a fast-paced environment at a FinTech startup or consulting firm.

Expected compensation $45,000 to $55,000