Transaction Monitoring Analyst - (100% remote Worldwide - LATAM OR APAC timezone)

Summary

Bitfinex is a global digital asset exchange focused on financial freedom, cryptocurrency trading, and innovative financial technology. The Transaction Monitoring Analyst will identify, investigate, and mitigate financial crime risks across fiat and cryptocurrency transactions, analyze alerts, and escalate high-risk cases. The role also supports regulatory reporting, compliance collaboration, monitoring-control enhancements, and KYC/AML/CTF and sanctions processes.

Responsibilities

• Develop and implement transaction monitoring algorithms to monitor for anti-money laundering, terrorism financing, sanctions and other compliance risks to enable controls to be implemented to mitigate against detected risks using a risk-based approach
• Analyze and investigate alerts generated by the transaction monitoring system arising from fiat money (wire and non-wire) and crypto (on-chain and off-chain) trades, deposits and withdrawals with a view to mitigate risk exposure to the platform, and escalate real time urgent alerts according to risk appetite
• Assist the Manager Transaction Monitoring in building periodic specific and general reports providing analysis that identifies ML, TF and Sanctions related anomalies for the information of the Chief Compliance Officer and relevant Product Managers
• As a member of the Transaction Monitoring Team, report directly to the Manager of Transaction Monitoring. Also, work closely with other Bitfinex teams and peer AML Investigators in addressing both fraud, and money laundering, terrorist financing, and sanctions risks
• In performing this role, the incumbent will continuously strive to self-develop and enhance their skill sets including the application of virtual currencies, documentation requirements, and account behavior analysis in the context of KYC/AML/CTF and Sanctions
• Duties include understanding the framework of our transaction monitoring rules on a risk-based approach as well as analyzing and evaluating data needed to assess referrals of unusual transaction activities
• Ensure that KYC/AML/CTF and Sanctions activities are observed at all times, issues are addressed appropriately, and matters escalated to management as required. Further, identification and/or coordination of the implementation of process improvements relating to KYC/AML/CTF and Sanctions policies in conjunction with Bitfiex’s ToS as applicable are also imperative
• Initial assessment of referrals of unusual transaction activity
• Report and analyze unusual documentation and/or information and/or query and/or transaction to/with Manager Investigations and Transaction Monitoring
• Adjust risk parameters to ensure exposure falls within the platform’s risk appetite
• Participate in applicable compliance training
• Follow and implement KYC/AML/CTF and Sanctions-related policies, laws and regulations
• Carry out cross-departmental communication when the need arises
• Liaise with AML Analysts and/or users in respect of additional information required in order to verify the presence of ML/TF concerns when required
• Undertake evaluation and communicate findings and decisions to respective case stream team leader; escalate and/or discuss with the Head of Investigations where required

Skills

• Experience in the compliance field within the Industry
• Fair understanding or ability to understand AML/KYC/CTF related policies, laws and regulations, including enhanced due diligence, (CDD/EDD) and Sanctions
• Basic knowledge of blockchain technology, (enhanced in the role)
• CAMS/CBP designation
• ​​Experience with a Blockchain Analytical/Transaction Monitoring tool such as Chainalysis, Elliptic, TRM, etc
• University degree
• Excellent written and verbal communication skills
• Ability to source and understand the content of documentation in various languages, types and forms
• Demonstrated critical thinking and decision-making skills
• Demonstrated attention to detail, accuracy and consistency
• Self-motivated (ability to take initiative)
• Proficient IT skills (Chrome, Open Search, Google Docs, Gmail, Word, Excel, etc.)
• Organisational understanding (enhanced in the role)
• Preferred timezones are APAC or LATAM for this position

Qualifications

Must Haves

• Experience in the compliance field within the Industry
• Fair understanding or ability to understand AML/KYC/CTF related policies, laws and regulations, including enhanced due diligence, (CDD/EDD) and Sanctions
• Basic knowledge of blockchain technology, (enhanced in the role)
• CAMS/CBP designation
• ​​Experience with a Blockchain Analytical/Transaction Monitoring tool such as Chainalysis, Elliptic, TRM, etc
• University degree
• Excellent written and verbal communication skills
• Ability to source and understand the content of documentation in various languages, types and forms
• Demonstrated critical thinking and decision-making skills
• Demonstrated attention to detail, accuracy and consistency
• Self-motivated (ability to take initiative)
• Proficient IT skills (Chrome, Open Search, Google Docs, Gmail, Word, Excel, etc.)
• Organisational understanding (enhanced in the role)

Nice to Haves

• Preferred timezones are APAC or LATAM for this position

Benefits

• Flexible Work & Remote-Friendly Culture
• Mentorship & Growth
• Career Development Opportunities
• Supportive Team Environment
• Learning & Knowledge Sharing
• Team-Building Activities
• Social activities (online & in-person)
• A collaborative environment where your creativity will have a direct impact on the brand’s narrative