Member of Compliance, Transaction Monitoring US
Member of Compliance, Transaction Monitoring US
Location: United States
Department: Compliance & Risk – Compliance & Risk
Commitment: Full-Time
Workplace Type: Remote
At Anchorage Digital, we are building the world’s most advanced digital asset platform for institutions to participate in crypto.
Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank N.A., the first federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings.
The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.
As a Member of Compliance, Transaction Monitoring, you’ll be provided the opportunity to work in various blockchain analytics and behavioral transaction monitoring systems (e.g., TRM Labs, Jira TMS, etc.), being on the front lines of implementing and developing the most advanced and regulated transaction monitoring program in the digital asset industry. You are recognized as an expert within the transaction monitoring systems and can apply that expertise to have significant influence within and outside of the team.
You are responsible for the management of transaction monitoring alerts, as well as working closely with direct leadership in providing feedback on workflow or system enhancements and implementations. Additional duties require clear speaking within meetings, as well as presenting oneself as a mentor for other team members in order to obtain consistency in work output and knowledge across team functions.
The role is a critical element of the Bank’s defense against money laundering, terrorist financing and fraud.
Technical Skills:
- Demonstrates extensive knowledge and experience with the tools used by the transaction monitoring team, and is able to speak to them at a high level with senior management.
- Demonstrates experience in identifying gaps in team workflows and procedures, raising awareness to leadership with suggestions on how to properly address the gaps and ensure proper procedures are followed, updated, and training conducted within and outside of the team, as appropriate.
Complexity and Impact of Work:
- Provide feedback to direct leadership on methods or systems used by the team, or outside of the team, having the ability to navigate roadblocks and obstacles that may come up, and escalating when blocked.
- Manage transaction monitoring alerts and disposition workflows.
- Ability to work independently with good time management skills, managing multiple tasks assigned with little to no direction, only requiring work to be reviewed at critical points.
- Be a mentor for new-hires in onboarding, system setup, and training of processes.
- Assist the team in tuning exercises, as well as implementation of monitoring rules to prevent and detect money laundering, fraud or other financial crime responding to emerging trends.
- Is a prolific contributor of high quality who makes impactful contributions to the team, and identifies opportunities for improvement.
- Participate in the hiring process by submitting referrals or conducting interviews.
- Consistently demonstrates on-time delivery and high quality work product. Where a deadline or commitment is at risk, escalates to manager to help manage priorities, if appropriate, and alerts affected stakeholders so "no surprises."
Organizational Knowledge:
- Is aware of the strategy of Anchorage to guarantee its successful implementation and is considered when defining the planning and goals of the team.
- Has a deep understanding of the team's objectives and works with leadership to ensure regulatory compliance is being met.
- Ensures that knowledge is shared amongst the transaction monitoring team and does not position themselves or others as a single point of failure.
Communication and Influence:
- Promotes positive working environments for inside and outside of the team with proper listening, speaking and empathy with colleagues, as well as embodies as a role model of our culture pillars.
- Works closely with the team in order to solve problems and assist or guide other members in processes or workflows within their area of specialization or domain, helping others understand the strategic goals of Anchorage and how their work relates to these.
- Uses expert judgment, insight, recommendations, conclusion, and ideas on how to improve the team (e.g., workflows, inventory, etc.)
- Consistently expresses clear, thoughtful, analytical and solutions-oriented communications, whether in high-impact slides/decks, written communications in slack or email, or verbal communications.
You may be a fit for this role if you have:
- Experience in BSA/AML transactional review for institutional and retail clients
- Knowledge in BSA/AML and/or Sanctions regulations + Fraud Typologies
- Expertise in using blockchain analytics tools to disposition transaction monitoring alerts, preferably at a Bank or regulated Exchange
- A passion for building out programs in their early stages, including creation and maintenance of policies, procedures, and new tools
- A proven track record of being able to work independently
- A strong attention to detail
- Highly curious and a fast learner
Although not a requirement, bonus points if:
- You have expertise in data analytics and/or spreadsheet pivots/formulas for data analysis
- Blockchain Analytics Certifications (TRM, Chainalysis, etc.)
- You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)