Associate, AFC Compliance

About the role

We are seeking a dedicated professional to join our second line of defense team, focusing on the execution and governance of our Anti-Financial Crime (AFC) framework. In this position, you will be instrumental in enhancing our compliance operations, ensuring that we adhere to stringent regulatory requirements while also fostering a positive experience for our customers. Your expertise will help us navigate the complexities of financial crime compliance in the fast-paced world of cryptocurrency.

Key facts

What you'll do

• Conduct thorough investigations into Enhanced Due Diligence (EDD), Proof of Funds, Wealth assessments, and Transaction Monitoring alerts, as well as PEP (Politically Exposed Persons) and Sanctions screening, utilizing Open Source Intelligence (OSINT) and analyzing cryptocurrency exposure.
• Prepare detailed case documentation that includes factual statements, presentations for the AML Officer, and Suspicious Activity Reports (SARs), along with final decisions on approvals or refusals.
• Implement compliance controls consistently, ensuring that all actions align with established Service Level Agreements (SLAs) while effectively communicating complex findings to relevant stakeholders.
• Assist in compiling data for the Controls Report and contribute to the preparation of quarterly and annual AML reports, ensuring accuracy and compliance with regulatory standards.
• Collaborate with first-line teams such as AML, KYC (Know Your Customer), Risk Management, Payment Operations, and Legal to address escalations and enhance cross-departmental processes.
• Monitor regulatory changes and adapt compliance strategies accordingly to maintain alignment with evolving standards and practices.
• Provide training and support to junior team members, fostering a culture of compliance and continuous improvement within the team.
• Engage in regular audits and reviews of compliance processes to identify areas for enhancement and ensure adherence to best practices.

Requirements

• Demonstrated experience as an AML Officer or in a comparable financial crime compliance role within the cryptocurrency, fintech, or banking sectors.
• Strong analytical skills with the ability to exercise sound professional judgment, accurately document decisions, and escalate issues as necessary.
• Excellent organizational abilities and a proven capacity to operate effectively within a shift-based work schedule.
• A commitment to upholding high regulatory standards while also being responsive to customer needs and concerns.
• Proficiency in compliance frameworks related to AML and KYC, with a solid understanding of regulatory requirements in the financial sector.
• Familiarity with transaction monitoring systems and the ability to interpret complex data sets related to financial transactions.

Nice to have

• ACAMS certification or a similar professional qualification in anti-money laundering or financial crime compliance.
• Experience working in a fast-paced startup environment, particularly within the cryptocurrency or fintech industries.
• Knowledge of emerging trends and technologies in the financial crime compliance landscape.

Skills & tools

• Proficient in AML and KYC compliance frameworks, with a strong understanding of regulatory reporting requirements.
• Experience with OSINT research techniques and tools for gathering intelligence on financial transactions.
• Familiarity with cryptocurrency exposure analysis and the unique challenges it presents in compliance contexts.
• Competence in transaction monitoring systems and methodologies for detecting suspicious activities.

Practical notes

• Our benefits package includes a hybrid work model that allows for 25 days of remote work annually from a location of your choice, stock options, and an extensive 8 weeks of gender-neutral parental leave.
• Additional perks consist of 3 days of extra paid time off after completing 6 months with the company, unlimited access to Udemy for professional development, mental health support through OpenUP, and complimentary onsite dining at our Barcelona office.
• We value work-life balance and provide a supportive environment that encourages personal and professional growth.

Join us at Bitpanda and contribute to shaping the future of financial compliance in the cryptocurrency space while enjoying a dynamic and rewarding work environment.