NYDIG is building an inclusive financial system that makes Bitcoin a universal option for billions of people worldwide. We fuse high tech with institutional-grade finance to build technology that makes it easy for partners to white label our solutions and create their own products like bitcoin accounts, rewards, and loyalty programs. Our team is a group of proven innovators with deep domain expertise across finance and technology. We look for passionate, low-ego, excellence-driven people who want to work together on creating technology that will impact the future of finance.
Description
In this role, you will work with the AML Team and other experienced compliance personnel and lawyers, develop a deep understanding of the company’s business model, and help the company meet its ongoing regulatory requirements. You will also help update the systems and programs that the company uses in its compliance program.
Responsibilities
- Assist in running the AML and Sanctions program
- Perform QA reviews of new customer and counter-party records (including analyzing and verifying all CIP, CDD, EDD information collected by 1st Level Reviewer during onboarding), and periodic reviews, ensuring accurate and timely completion
- Train 1st Level Reviewers and field daily onboarding questions
- Provide final sign-off approval for Low/Medium Risk cases
- Review and escalate High-Risk cases for final sign-off/approval and effectively communicate risks to management
- Analyze and evaluate customer transactional activity for potentially suspicious activity
- Ensure compliance with policies & procedures and regulatory obligations
- Update internal policies & procedures, as needed
- Improve existing processes, develop new processes, and support the review of effectiveness of same
- Build and maintain an onboarding matrix to assign and track all incoming onboarding records
Requirements
- Bachelor’s degree and 5-7+ years of AML/KYC experience operating day-to-day responsibilities of an AML
- and Sanctions Program in a financial services institution
- Knowledge of AML and Sanctions laws and rules (BSA, USA PATRIOT Act, OFAC, Travel Rule, etc.) and FINRA and SEC regulations
- Experience with AML/KYC requirements for onboarding institutional and high net worth clients
- Understanding of different client-types/entity structures (e.g. trusts, corporations, LLCs, LPs, etc.)
- Experience reviewing, analyzing and dispositioning name screening results (PEP, Negative Media, Sanctions)
- Experience reviewing records at the QA level and facilitating questions from 1st Level Reviewers
- Knowledge of and experience in transaction monitoring program implementation, including knowledge of red flag indicators and typologies, and analyzing, actioning, and escalating reviews of potentially suspicious transactions
- Strong intellectual, critical thinking, and problem-solving capabilities
- Excellent written and verbal communication skills, with strong attention to detail
- Ability to work effectively autonomously as well as within a larger team
- Excellent interpersonal skills, including the ability to build relationships across internal teams and interact effectively at all levels of the organization
- Ability to prioritize and manage multiple projects and deadlines simultaneously with a willingness to roll up your sleeves and carry out detailed work on your own initiative
- Enthusiasm for working on interesting compliance and regulatory issues, particularly in the digital asset space
Preferred
- JD and/or CAMS certification
- Experience managing a team of 1st Level Reviewers
- Intermediate experience in office software such as Excel, Word, PPT
- Working knowledge of digital assets and related transactions/companies (i.e. mining companies)
Perks & Benefits
- Highly competitive compensation package
- Generous benefits package including Unlimited PTO
- 401k program with company match
- Flexible unmetered Parental Leave policy
Exceptional benefits package with:
- $1/month premiums for you and your family
- HSA plan option with employer funding
- Dedicated benefit concierge
- Free One Medical membership
