Senior Aml Analyst Jobs

BitPay is looking for a Senior AML Analyst to join our compliance 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:

• Support internal testing and monitoring functions.
• Prepare Enhanced Due Diligence (EDD) reports and other analytic reports as necessary
• Screen new merchants that apply for an account in line with the internal on-boarding process
• Must be able to effectively communicate with senior leadership or senior executives of high risk accounts.
• Assist with data collection for regulatory exams and regulatory presentations.
• Communicate with various software vendors.
• Prepare and file suspicious activity reports and continuing activity reports.
• Respond to data privacy and law enforcement requests.
• Ensure efficient identification and monitoring of suspicious activities and transactions.
• Provide direction and guidance to employees on appropriate remediation action for high risk accounts.
• Investigate and assess alerts for potential money laundering risks.
• Monitor and review merchant account details to ensure accounts are in good standing, legally operating their businesses, and within Terms of Use
• Assist law enforcement/government agencies by drafting a response to subpoenas that we receive
• 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

REQUIREMENTS:

• 3-4 years of experience in (AML) compliance or financial services industry
• Strong attention to details
• Team-player with a good sense of humor
• 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
• Solid research, communications, analytical, organizational, and interpersonal skills

PREFERRED SKILLS:

• Some pre-law experience
• ACAMS Certifications
• Banking or financial background