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.

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 real-time urgent alerts according to risk appetite
• Assist the Manager of Transaction Monitoring in building periodic reports providing analysis that identifies money laundering, terrorism financing, and sanctions-related anomalies for the Chief Compliance Officer and relevant Product Managers
• Report directly to the Manager of Transaction Monitoring and work closely with other Bitfinex teams and peer AML Investigators to address fraud, money laundering, terrorist financing, and sanctions risks
• Continuously develop and enhance your skill sets in 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 using a risk-based approach and analyze data needed to assess referrals of unusual transaction activities
• Ensure that 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 to 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
• Follow and implement KYC/AML/CTF and Sanctions-related policies, laws, and regulations
• Carry out cross-departmental communication when needed
• Liaise with AML Analysts and users to obtain additional information required to verify the presence of money laundering or terrorism financing concerns
• Evaluate findings and communicate decisions to the respective case stream team leader; escalate and discuss with the Head of Investigations where required

What you bring

• 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
• 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 ability to take initiative
• Proficient IT skills (Chrome, Open Search, Google Docs, Gmail, Word, Excel)
• Availability in APAC or LATAM timezone

Nice to have

• CAMS or CBP certification

What we offer

• 100% remote work, fully flexible
• Competitive compensation
• Mentorship and growth opportunities
• Career development opportunities
• Supportive team environment
• Learning and knowledge-sharing initiatives
• Team-building activities
• Social activities (online and in-person)

About Bitfinex

Bitfinex is a digital asset exchange and fintech platform inspired by Bitcoin's vision of financial freedom. The company empowers individuals to transact and connect globally, offering state-of-the-art trading services for buying, holding, and trading digital assets.