AML Analyst, Transaction Monitoring
BitPay offers a self-custody crypto app that allows users to buy, store, swap, sell, and spend their assets. The platform provides true control over digital assets across top chains without a centralized exchange.
About BitPay
BitPay is a cryptocurrency platform that provides a self-custody wallet app for users to manage their digital assets. The service allows individuals to buy, store, swap, sell, and spend various cryptocurrencies. It emphasizes providing competitive rates by comparing offers from multiple providers. Key features include the ability to pay bills, such as credit cards and mortgages, with crypto, and to purchase gift cards. For businesses, BitPay offers services like accepting online crypto payments, email billing, and processing crypto payouts. The platform also provides resources for developers, including Bitcore and other open-source tools.
Skills
About the Role
You will play a key part in ensuring ongoing compliance through transaction monitoring, sanctions screening, and support of regulatory and law enforcement inquiries. You'll monitor transactions and account activity to identify unusual patterns and potential money laundering risks, conduct sanctions screening, and review merchant activity to ensure alignment with internal policies and regulatory expectations. You'll also respond to subpoenas and requests from law enforcement and regulatory agencies, assist with internal investigations, and draft clear reports documenting suspicious activity and investigative outcomes. You'll maintain compliance policies and procedures, support internal audits, provide guidance to internal teams on high-risk behavior, and communicate with stakeholders including senior leadership on compliance issues.
Requirements
- 3+ years of experience in an AML compliance role, preferably in the crypto industry
- Blockchain tracing/analytics experience or Blockchain Analytic certifications is a plus
- Strong analytical, research, and critical thinking skills
- Excellent written and verbal communication abilities
- Exceptional attention to detail and accuracy
- Self-motivated with the ability to adapt and manage priorities in a dynamic environment
- Team-oriented with a collaborative mindset and positive attitude
- ACAMS or similar AML certifications is preferred
- Pre-law coursework or relevant experience is a plus
Responsibilities
- Monitor transactions and account activity to identify unusual patterns and potential money laundering risks
- Conduct sanctions screening and support related investigations
- Review merchant activity to ensure alignment with internal policies and regulatory expectations
- Respond to subpoenas and requests from law enforcement and regulatory agencies
- Assist with internal investigations and collaborate with legal and compliance teams as needed
- Draft clear and comprehensive reports, including documentation of suspicious activity and investigative outcomes
- Maintain and update compliance policies and procedures relating to suspicious activity monitoring, sanctions enforcement, and regulatory reporting
- Support internal audits and testing functions related to AML compliance
- Provide guidance to internal teams on appropriate action related to high-risk behavior or accounts
- Communicate effectively with stakeholders, including senior leadership, on compliance issues and risk exposure
- Participate in cross-functional projects to improve and strengthen the company's compliance framework
Benefits
- Work remote 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
- Pension plan
- 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