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

As a Transaction Monitoring Analyst at Bitfinex, you will play a critical role in safeguarding 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 monitor for 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 to the platform, and escalate real-time urgent alerts according to risk appetite
• Assist the Manager of Transaction Monitoring in building periodic reports that identify money laundering, terrorist financing and sanctions-related anomalies for the Chief Compliance Officer and relevant Product Managers
• Work closely with other Bitfinex teams and peer AML Investigators to address fraud, money laundering, terrorist financing, and sanctions risks
• Continuously develop 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, analyzing and evaluating data to assess referrals of unusual transaction activities
• Ensure that KYC/AML/CTF and Sanctions activities are observed at all times, with issues addressed appropriately and escalated to management as required
• Identify and coordinate the implementation of process improvements relating to KYC/AML/CTF and Sanctions policies
• Conduct initial assessment of referrals of unusual transaction activity
• Report and analyze unusual documentation, information, queries and 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
• Carry out cross-departmental communication when needed
• Liaise with AML Analysts and users to gather additional information required to verify the presence of money laundering or terrorist financing concerns
• Evaluate findings and communicate decisions to case stream team leaders, escalating to the Head of Investigations where required

What you bring

• Experience in the compliance field within the financial services industry
• A fair understanding of AML/KYC/CTF related policies, laws and regulations, including customer due diligence (CDD), enhanced due diligence (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 including 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 certification

What we offer

• Fully remote work with flexible arrangements
• Competitive pay
• Mentorship and career development opportunities
• Supportive team environment
• Learning and knowledge sharing programmes
• Team-building and social activities, both online and in-person

About Bitfinex

Bitfinex is a Bitcoin exchange inspired by Bitcoin's vision of financial freedom. The company empowers individuals to transact and connect across the globe, delivering cutting-edge trading services for both individuals and institutional liquidity providers in the digital asset landscape.