AML Compliance Analyst

at  Bitstamp

BITSTAMP IS THE ORIGINAL CRYPTOCURRENCY EXCHANGE.

We started small in 2011, with just two laptops and big aspirations. Fast forward to today and we have grown to serve over 5 million clients across the globe, who benefit from our commitment to security, transparency and regulation. Whether it’s through our intuitive web and mobile apps or arsenal of industry-leading APIs, Bitstamp is where crypto enters the world of finance.
Our success is a result of the innovative ideas, talented individuals, and passion of our team. Together, we have helped shaped the crypto industry and continue to do so. We are always on the lookout for new talent and crypto-curious thinkers who share our passion for the future of finance.
As an AML Compliance Analyst, you will be responsible for handling the approval and ongoing monitoring of high-risk customers and transactions. This involves reviewing and analyzing customer information and transactional activity to identify potential AML risks, communicating findings to internal stakeholders, and making recommendations to mitigate those risks.
You will ensure that the AML program complies with regulatory requirements and industry standards. Additionally, you will manage the development and implementation of policies, procedures, and controls that support the program’s effectiveness and ensure its alignment with the organization’s overall strategic goals.

• Conduct EDD reviews on high-risk customers and transactions to ensure compliance with AML regulations and policies.
• Review and analyze customer information and transactional activity to identify potential AML risks and make recommendations to mitigate those risks.
• Make proposal to Compliance Committee and Company Management on customer acceptance/rejection.
• Continually improving and evolving the EDD framework and process effectiveness by actively working with the Compliance and Compliance Operations teams.
• Participate in internal and external audits and regulatory examinations related to AML compliance.
• Ensure the program’s effectiveness by monitoring and assessing its performance against established benchmarks and recommending improvements.
• Establish and maintain effective relationships with internal stakeholders, including Compliance Operations, Legal, Risk Management, and Compliance teams, to ensure that the program operates efficiently and effectively.
• Keep up-to-date with regulatory developments and industry best practices related to the AML program and recommend changes to policies, procedures, and controls as necessary.