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

As a Transaction Monitoring Analyst at Bitfinex, you will safeguard the integrity of the platform by identifying, investigating, and mitigating financial crime risks across both fiat and cryptocurrency transactions. Working within the Compliance team, you will analyze transaction monitoring alerts, assess unusual account activity, and investigate potential money laundering, terrorist financing, sanctions, and fraud-related risks using a risk-based approach. You will collaborate closely with AML Investigators, Product teams, and Compliance leadership to ensure timely escalation of high-risk cases and contribute to regulatory reporting and process improvements.

What you'll do

• Develop and implement transaction monitoring algorithms to detect anti-money laundering, terrorism financing, sanctions and other compliance risks, enabling controls to mitigate detected risks using a risk-based approach
• Analyze and investigate alerts generated by the transaction monitoring system from fiat money (wire and non-wire) and crypto (on-chain and off-chain) trades, deposits and withdrawals to mitigate risk exposure and escalate urgent alerts according to risk appetite
• Build periodic specific and general reports in collaboration with the Manager of Transaction Monitoring, providing analysis that identifies money laundering, terrorism financing and sanctions-related anomalies for the Chief Compliance Officer and relevant Product Managers
• Work closely with other Bitfinex teams and peer AML Investigators in addressing fraud, money laundering, terrorist financing and sanctions risks
• Continuously develop and enhance your skill sets including the application of virtual currencies, documentation requirements and account behavior analysis in the context of KYC/AML/CTF and Sanctions
• Understand and apply the framework of transaction monitoring rules on a risk-based approach, analyzing and evaluating data to assess referrals of unusual transaction activities
• Ensure KYC/AML/CTF and Sanctions activities are observed at all times, address issues appropriately and escalate matters to management as required
• Identify and coordinate the implementation of process improvements relating to KYC/AML/CTF and Sanctions policies in conjunction with Bitfinex's Terms of Service
• Perform initial assessment of referrals of unusual transaction activity
• Report and analyze unusual documentation, information, queries or transactions with the Manager of Investigations and Transaction Monitoring
• Adjust risk parameters to ensure exposure falls within the platform's risk appetite
• Participate in applicable compliance training and follow KYC/AML/CTF and Sanctions-related policies, laws and regulations
• Carry out cross-departmental communication when necessary
• Liaise with AML Analysts or users to obtain additional information required to verify the presence of money laundering or terrorism financing concerns
• Evaluate cases and communicate findings and decisions to your case stream team leader, escalating to the Head of Investigations where required

What you bring

• Experience in the compliance field within the industry
• A 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
• Experience with a blockchain analytical or transaction monitoring tool such as Chainalysis, Elliptic or TRM
• A 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-motivation and the ability to take initiative
• Proficient IT skills including Chrome, Google Search, Google Docs, Gmail, Word and Excel
• Availability to work in APAC or LATAM timezones

Nice to have

• CAMS (Certified AML Specialist) or CBP (Certified Blockchain Professional) designation
• Enhanced organizational understanding of the blockchain and cryptocurrency industry

What we offer

• Flexible work and remote-friendly culture
• Competitive pay
• Mentorship and growth opportunities
• Career development opportunities
• Supportive team environment
• Learning and knowledge sharing
• Team-building activities and social activities (online and in-person)

About Bitfinex

Bitfinex is an original Bitcoin exchange inspired by Bitcoin's vision of financial freedom. The company empowers individuals to transact and connect seamlessly across the globe, offering a cutting-edge platform for users to buy, hold and trade digital assets with confidence, while providing state-of-the-art trading services to both individuals and global liquidity providers.