Transaction Monitoring: Conduct real-time and batch transaction monitoring to identify and flag suspicious activities.
Utilize blockchain analysis tools to track and analyze crypto transactions across various platforms.
AML Investigation: Investigate alerts and potential red flags generated by transaction monitoring systems.
Perform in-depth analysis of customer profiles, transaction histories, and associated blockchain data.
Prepare comprehensive investigation reports and document findings.
Suspicious Transaction Reporting (STR): Prepare and file Suspicious Activity Reports (SARs) in accordance with regulatory requirements and company policies.
Ensure timely and accurate submission of reports to the relevant financial authorities.
Regulatory Compliance: Ensure adherence to the Prevention of Money Laundering Act (PMLA) and other applicable regulations.
Stay updated on changes in AML laws and regulations, and implement necessary adjustments to policies and procedures.
Travel Rule Compliance:
Implement and monitor compliance with the Travel Rule requirements for crypto transactions.
Ensure that all required information is collected and transmitted for transactions involving virtual assets.
Customer Due Diligence (CDD): Perform Know Your Customer (KYC) checks and ensure the accuracy and completeness of customer information.
Conduct enhanced due diligence (EDD) on high-risk customers and transactions.
Collaboration and Reporting: Work closely with other departments (e.g., Legal, IT, and Risk) to ensure a comprehensive approach to AML compliance.
Assist in preparing internal reports and presentations for senior management.
Qualifications:
Associate Level: Bachelor’s degree in Finance, Accounting, Business, or a related field.
1-2 years of experience in AML investigation, transaction monitoring, or a related field, preferably in a crypto exchange or financial institution.