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 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 (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.
• Assist the Manager of Transaction Monitoring in building periodic reports that identify money laundering, terrorism financing, and sanctions-related anomalies for the Chief Compliance Officer and Product Managers.
• Work closely with AML Investigators, Product teams, and Compliance leadership to address fraud, money laundering, terrorist financing, and sanctions risks.
• Continuously develop your skill sets in virtual currencies, documentation requirements, account behavior analysis, and KYC/AML/CTF and Sanctions frameworks.
• Analyze and evaluate data to assess referrals of unusual transaction activities using a risk-based approach.
• Ensure KYC/AML/CTF and Sanctions activities are observed at all times; address issues appropriately and escalate to management as required.
• Identify and coordinate the implementation of process improvements relating to KYC/AML/CTF and Sanctions policies.
• Perform initial assessment of referrals for 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 and follow KYC/AML/CTF and Sanctions-related policies, laws, and regulations.
• Carry out cross-departmental communication when needed and liaise with AML Analysts or users for additional information to verify money laundering or terrorism financing concerns.
• Evaluate findings and communicate decisions to case stream team leaders; escalate or discuss with the Head of Investigations where required.

What you bring

• Experience in the compliance field within the financial services 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 to work in APAC or LATAM timezones.

Nice to have

• CAMS or CBP certification.
• Enhanced organizational understanding of financial services and compliance frameworks.

What we offer

• Fully remote work with flexible work culture.
• Mentorship and growth opportunities.
• Competitive compensation.
• Career development opportunities.
• Supportive team environment.
• Learning and knowledge sharing initiatives.
• Team-building activities.
• Social activities, both online and in-person.

About Bitfinex

Bitfinex is an original Bitcoin exchange committed to empowering individuals to transact and connect seamlessly across the globe. The platform offers state-of-the-art trading services for buying, holding, and trading digital assets, serving both individuals and global liquidity providers. The team operates remotely with a focus on innovation, integrity, and financial freedom.