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

As a Transaction Monitoring Analyst at Bitfinex, you play a critical role in safeguarding the platform by identifying, investigating, and mitigating financial crime risks across both fiat and cryptocurrency transactions. Working within the Compliance team, you 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 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 monitor for anti-money laundering, terrorism financing, sanctions and other compliance risks using a risk-based approach.
• Analyze and investigate alerts generated by the transaction monitoring system arising from fiat money (wire and non-wire) and crypto (on-chain and off-chain) trades, deposits and withdrawals, 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 relevant Product Managers.
• Work closely with other Bitfinex teams and peer AML Investigators in addressing fraud, money laundering, terrorism 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 and analyze data needed to assess referrals of unusual transaction activities.
• Ensure that KYC/AML/CTF and Sanctions activities are observed at all times, escalate issues to management as required, and identify and coordinate the implementation of process improvements.
• Perform initial assessment of referrals of unusual transaction activity.
• Report and analyze unusual documentation, information, transactions and queries 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.
• Carry out cross-departmental communication when needed.
• Liaise with AML Analysts and users to obtain additional information in order to verify the presence of money laundering or terrorism financing concerns.
• Evaluate findings and communicate decisions to respective case stream team leader, escalating to 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 with Chrome, Open Search, Google Docs, Gmail, Word and Excel.
• Organisational understanding.
• Availability to work in APAC or LATAM timezone.

Nice to have

• CAMS or CBP designation.

What we offer

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

About Bitfinex

Bitfinex is a Bitcoin exchange committed to empowering individuals to transact and connect seamlessly across the globe. The company delivers a cutting-edge platform enabling users to buy, hold and trade digital assets, offering state-of-the-art trading services for both individuals and global liquidity providers.