AML/CFT & Fraud Analyst - Internship

Bitstack is a crypto-asset service provider authorised under the MiCA Regulation, serving 300K+ users with a crypto-native banking platform. As an AML/CFT & Fraud Analyst intern on the Compliance team, you will contribute to the day-to-day implementation of our compliance framework by reviewing alerts and customer cases across transaction monitoring, screening, and KYC.

What you'll do

• Analyse and investigate transaction monitoring alerts across euro payment flows (card payments and SEPA transfers) and crypto flows (on-chain deposits and withdrawals), examining transaction patterns, counterparties and wallet exposure to assess whether each alert is a false positive or should be escalated.
• Detect fraudulent activity, including payment fraud, account takeovers and scams targeting our users.
• Document your findings and, where appropriate, prepare the supporting information for a suspicious activity report to TRACFIN, the French financial intelligence unit.
• Review screening alerts to determine whether a match against PEPs, sanctions lists or adverse media is genuine or a false positive.
• Implement enhanced due diligence measures for politically exposed persons (PEPs), including checks on source of funds and source of wealth.
• Review and validate customer supporting documents, including proof of identity, proof of address, proof of income, source of funds and source of wealth.
• Detect identity theft attempts and forged documents.
• Assess consistency between a customer's profile, declared information and observed activity.
• Request additional documentation and follow up on cases through to their final decision.
• Contribute to improving detection scenarios and monitoring alert metrics.
• Contribute to updating internal procedures and monitoring emerging fraud and money laundering typologies within the crypto ecosystem.

What you bring

• Currently pursuing a Bachelor's or Master's degree in Compliance, Law, Finance, Risk Management or a related field, and seeking an internship or work-study placement.
• Highly organised, rigorous and detail-oriented.
• Able to draw well-reasoned conclusions and clearly document findings in writing.
• Comfortable using spreadsheets (Excel or Google Sheets).
• Discreet and meticulous when handling sensitive personal data.
• Fluent in French and comfortable working in English.
• A strong interest in crypto-assets and blockchain technology.

Nice to have

• Previous exposure to AML/CFT, KYC or fraud prevention through an internship, coursework or certification.

What we offer

• 3 days in the office and 2 days working remotely
• Swile meal vouchers

About Bitstack

Bitstack is a crypto-native bank backed by Y Combinator and leading VCs including 13books Capital, Stillmark, and Serena. Founded in 2021 to democratize Bitcoin in France, Bitstack now serves 300K+ users with a platform to save, spend, and grow money within a more open and inclusive financial system.