Compliance Analyst Transaction Monitoring

About Us

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a global presence and multiple Trust companies, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian and staking provider in the world.

The Role

BitGo is seeking an Investigations Specialist to join BitGo's Financial Intelligence Unit. We are looking for a digital asset financial crime investigations expert who will drive efforts to enhance BitGo's anti-money laundering program. BitGo is specifically looking for candidates who will propel automation of transaction monitoring systems and investigation processes. The successful candidate requires expertise in digital asset financial crime typologies, trends, and a deep understanding of blockchain technology and digital asset tracing. This role reports directly to the Head of Financial Intelligence Unit.

Responsibilities

• Perform comprehensive and insightful investigations into flagged transaction activity or accounts, and make recommendations for the filing of Suspicious Activity Reports
• Analyze, review, and investigate transaction monitoring alerts using tools such as Elliptic, TRM Labs, and Unit21 to identify and escalate financial crime red flags
• Keep a watchful eye over wider BitGo platform activity to identify potential financial crime red flags, including reviewing law enforcement and 314(b) inquiries, sanctions screening, negative news, or 314(a) escalations, referrals from BitGo employees or external parties
• Collaborate with the wider Compliance team on program enhancements such as risk rule and detection scenario calibration, quality assurance reviews, and data analysis
• Draft and update Financial Intelligence Unit procedures, participate in AML training and education efforts
• Maintain an advanced understanding of AML typologies that relate to digital asset transactions, correspondent banking, and high risk jurisdictions
• Serve as a vocal point for current regulatory trends, enforcement actions, and crypto related financial crime news
• Identify and react to trends and typologies through metrics and data analysis
• Collaborate with other teams at BitGo and contribute to regulatory exams
• File regulatory reports such as SARs

Requirements

• 2-5 years experience in AML transaction monitoring, investigations, and SAR reporting
• 2+ years of experience with using blockchain analytics tools (Elliptic, TRM Labs, Chainalysis, etc)
• Advanced understanding of the concepts that underpin blockchain transaction tracing
• Knowledge and understanding of AML regulatory requirements and expectations
• Strong investigative and analytical skills; experience leveraging multiple information sources to run an investigation
• A drive to understand the causes and reasons for account or transaction behavior and an eagerness to 'paint the picture' of an alert, investigation, or account review
• Excellent written, oral communication, and argumentative skills
• Willingness to learn and become an expert in complex blockchain based subject matter and crypto crime concepts
• Ability to work independently and with minimum supervision; comfortable navigating various internal systems and tools provided by vendors
• Strong organization and time management skills
• Eagerness to work with other teams in a highly collaborative startup Fintech environment

Nice to Have

• Certification such as Chainalysis Reactor

Benefits

• Competitive base salary, bonus and stock options
• 100% company paid health insurance for employee, partner and dependents
• Up to 5% 401k company match
• Paid parental leave and paid vacation
• Free custom lunches, dinners and snacks
• Computer equipment and workplace furniture to suit your needs
• Great colleagues and inspiring startup environment

Benefits may vary based on location. Depending upon your leveling and location, the compensation for this role averages between $90,000 - $120,000 USD base salary. Equity and an annual performance bonus are also part of this role's package.