Transaction Monitoring Analyst

Responsibilities

• 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
• 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
• Prepare and file Suspicious Activity Reports (SARs) in accordance with regulatory requirements
• Ensure adherence to the Prevention of Money Laundering Act (PMLA) and other applicable regulations
• Implement and monitor compliance with the Travel Rule requirements for crypto transactions
• Perform Know Your Customer (KYC) checks and conduct enhanced due diligence (EDD) on high-risk customers
• Collaborate with Legal, IT, and Risk departments to ensure a comprehensive approach to AML compliance

Requirements

• Bachelor’s degree in Finance, Accounting, Business, or a related field
• 1-2 years of experience for Associate level or 2-3 years for Senior Associate level in AML investigation or transaction monitoring
• Experience in a crypto exchange or financial institution preferred
• Understanding of blockchain technology and its implications for AML compliance
• Familiarity with the Travel Rule and crypto regulatory requirements
• Strong analytical skills and experience with blockchain analysis tools

Preferred Qualifications

• Professional certifications such as CAMS
• Advanced knowledge of blockchain technology and AML regulations