Anchorage Digital

Compliance Officer, Sanctions

Anchorage Digital

full-time

Posted on:

Origin:  • 🇺🇸 United States

Visit company website
✨ AI Apply
Apply

Job Level

Mid-LevelSenior

About the role

  • Assist the Global Compliance Lead, Sanctions in the design, development and roll out of Anchorage Digital’s Sanctions Compliance Program.
  • Apply regulatory requirements on Sanctions Screening, OFAC Reporting, and Travel Rule/Value Transfer regulations to support business development and manage risks.
  • Use blockchain analytics (e.g., TRM Labs, Chainalysis) and screening tools (LexisNexis Bridger) for investigations and alerts disposition.
  • Manage Anchorage Digital’s sanctions screening alerts for all its global affiliates and provide feedback on workflow or system enhancements and implementations.
  • Assist the OFAC Officer and the Sanctions Compliance Team with building out and/or executing the Sanctions Compliance Program across different regulatory regimes, products and services.
  • Collaborate with team members and other stakeholders; present oneself as a mentor for other team members to ensure consistency in work output and knowledge across team functions.
  • Perform in-depth research on clients, prospective clients and connected parties using internal and external data sources.
  • Maintain thorough records and supporting documentation for all sanctions alerts and investigations.
  • Prepare monthly management reporting for sanctions metrics for the OFAC Officer and BSA Officer.
  • Actively develop knowledge of criminal methods and AML/sanctions typologies and apply analysis to identify unusual activity.
  • Provide compliance related support, specifically for sanctions related tasks to other Anchor Labs entities within the global structure.

Requirements

  • Demonstrate strong knowledge in evolving cryptocurrency regulations, custody and brokerage operations.
  • Understanding of United States and/or Singapore BSA/AML and Sanctions Regulations. Plus familiarity with OFAC’s Specially Designated Nationals (SDN) List and sanction programs. This is inclusive of MAS AML and sanctions regulations and reporting requirements.
  • Expertise or experience in using blockchain analytics tools to disposition alerts and review on-chain risk.
  • Review and disposition or escalate screening alerts originating from client onboarding or KYC reviews, incoming deposits or outgoing withdrawals, digital asset support reviews and ad-hoc screening requests.
  • Determine sanction risk using blockchain analytics, IP address monitoring or geo-location blocking tools.
  • Perform in-depth research on companies and/or individuals who are clients, prospective clients and/or connected parties by utilizing a range of internal data (e.g. transaction activity, KYC etc.) and external data (e.g. blockchains, internet, media, legal, corporate and other publicly available records and databases).
  • Analysis of both quantitative and qualitative data sets to produce in-depth and high-quality written reports that provide assessments of financial crime (e.g. money laundering, bribery and corruption, fraud, tax evasion, sanctions and terrorist financing). Maintain thorough records and supporting documentation for all sanctions alerts and investigations.
  • Manage Sanctions-related screening lists, including assisting the OFAC/Sanctions Officer with the selection and testing of Sanctions screening lists and system.
  • Refine and build upon our sanctions and transaction monitoring compliance frameworks, including maintenance and enhancement of relevant policies and procedures.
  • Prepare monthly management reporting for sanctions metrics for the OFAC Officer and BSA Officer.
  • Actively develop knowledge of criminal methods and AML/sanctions typologies, applying these characteristics through analysis of transaction data to identify unusual activity.
  • Stay abreast of industry standards and developments in the areas of KYC/AML, and sanctions, and apply regulatory requirements and internal policies and procedures to sanctions related duties and responsibilities.
  • Experience in BSA/AML transactional reviews
  • Knowledge in BSA/AML and/or Sanctions regulations
  • Expertise in using sanctions screening systems and working ongoing monitoring alerts
  • A passion for building out programs in their early stages, including creation and maintenance of policies, procedures, and new tools
  • A proven track record of being able to work independently
  • A strong attention to detail
  • Highly curious and a fast learner