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Anchorage Digital · 13 hours ago

Member of Compliance, Sanctions

United States

Full-time

Remote

Mid Level

Anchorage Digital is building the world’s most advanced digital asset platform for institutions to participate in crypto. As a Member of Compliance, Sanctions, you will assist in designing and rolling out the Sanctions Oversight Program, ensuring compliance with regulatory requirements and managing risks effectively.

BlockchainCryptocurrencyFinancial ServicesFinTechSoftware

Growth Opportunities

Responsibilities

Assist the Global Compliance Lead, Sanctions in the design, development and roll out of Anchorage Digital’s Sanctions Oversight Program

Be an expert with deep understanding and knowledge of regulatory requirements on Sanctions Screening, OFAC Reporting, and Travel Rule/Value Transfer regulations

Support business development and manage risks appropriately for the Company

Manage Anchorage Digital’s Sanctions Oversight while screening alerts for all its global affiliates

Work closely with leadership in providing feedback on workflow or system enhancements and implementations

Assist the OFAC Officer and the Sanctions Compliance Team with building out and/or executing the Sanctions Oversight Program across different products and services

Conduct detailed Quality Assurance and Quality Check reviews while providing feedback to L1 analysts

Demonstrate strong knowledge in evolving cryptocurrency regulations, custody and brokerage operations

Provide QA/QC Feedback on reviews and dispositions or escalations coming from screening alerts originating from client onboarding or KYC reviews, incoming deposits or outgoing withdrawals, digital asset support reviews and ad-hoc screening requests

Perform in-depth research on companies and/or individuals who are clients, prospective clients and/or connected parties

Analyze both quantitative and qualitative data sets to produce in-depth and high-quality written reports that provide assessments of financial crime

Maintain thorough records and supporting documentation for all sanctions alerts and investigations

Manage Sanctions-related screening lists, including assisting the OFAC/Sanctions Officer with the selection and testing of Sanctions screening lists and system

Refine and build upon our sanctions and transaction monitoring compliance frameworks, including maintenance and enhancement of relevant policies and procedures

Prepare monthly management reporting for sanctions metrics for the OFAC Officer and BSA Officer

Stay abreast of industry standards and developments in the areas of KYC/AML, and sanctions, and apply regulatory requirements and internal policies and procedures to sanctions related duties and responsibilities

Work collaboratively with the team and internal stakeholders on the analysis and assessment of key financial regulatory developments, consultations or discussion papers

Prepare and/or coordinate submission of periodic or ad hoc regulatory returns

Assist management in ensuring relevant compliance policies and procedures are up to date

Consistently demonstrate on-time delivery and high quality work product

Ability to determine false positives and true matches in regards to screening alerts with minimal supervision

Influence the Compliance and Tech roadmap for implementing necessary controls

Monitor the development of the company objectives and new product innovation to ensure compliance has a seat at the table

Ensure that knowledge is shared amongst the Compliance Teams and does not position themselves or others as a single point of failure

Mentor and guide new hires and others within Compliance to help understand Compliance’s impact, importance, and strategic goals for Anchorage

Promote positive working environments for inside and outside of the team with proper listening, speaking and empathy with colleagues

Work closely with the team in order to solve problems and assist or guide other members in processes or workflows within their area of specialization or domain

Use expert judgment, insight, recommendations, conclusion, and ideas on how to improve the team

Qualification

Sanctions Oversight ProgramBSA/AML regulationsSanctions ScreeningData analysisQuality AssuranceCommunication skillsAttention to detailTeam collaborationMentoring

Required

Demonstrate strong knowledge in evolving cryptocurrency regulations, custody and brokerage operations

Understanding of United States Sanctions Regulations. Plus familiarity with OFAC's Specially Designated Nationals (SDN) List and sanction programs

Knowledge of IP address monitoring or geo-location blocking tools

Perform in-depth research on companies and/or individuals who are clients, prospective clients and/or connected parties by utilizing a range of internal data (e.g. transaction activity, KYC etc.) and external data (e.g. blockchains, internet, media, legal, corporate and other publicly available records and databases)

Analysis of both quantitative and qualitative data sets to produce in-depth and high-quality written reports that provide assessments of financial crime (e.g. money laundering, bribery and corruption, fraud, tax evasion, sanctions and terrorist financing). Maintain thorough records and supporting documentation for all sanctions alerts and investigations

Manage Sanctions-related screening lists, including assisting the OFAC/Sanctions Officer with the selection and testing of Sanctions screening lists and system

Refine and build upon our sanctions and transaction monitoring compliance frameworks, including maintenance and enhancement of relevant policies and procedures

Prepare monthly management reporting for sanctions metrics for the OFAC Officer and BSA Officer

Works collaboratively with the team and internal stakeholders on the analysis and assessment of key financial regulatory developments, consultations or discussion papers

Prepares and/or coordinates submission of periodic or ad hoc regulatory returns

Assists management in ensuring relevant compliance policies and procedures are up to date

Consistently demonstrates on-time delivery and high quality work product. Where a deadline or commitment is at risk, escalates to manager to help manage priorities, if appropriate, and alerts affected stakeholders so 'no surprises.'

Ability to determine false positives and true matches in regards to screening alerts with minimal supervision

Is aware of Anchorage regulatory, licensing, and business expansion strategy to assist in successful implementation and is considered when defining the planning and goals of the team

Influences the Compliance and Tech roadmap for implementing necessary controls

Monitors the development of the company objectives and new product innovation to ensure compliance has a seat at the table

Ensures that knowledge is shared amongst the Compliance Teams and does not position themselves or others as a single point of failure

Mentors and guides new hires and others within Compliance to help understand Compliance's impact, importance, and strategic goals for Anchorage

Promotes positive working environments for inside and outside of the team with proper listening, speaking and empathy with colleagues, as well as embodies as a role model of our culture pillars

Works closely with the team in order to solve problems and assist or guide other members in processes or workflows within their area of specialization or domain, helping others understand the strategic goals of Anchorage and how their work relates to these

Uses expert judgment, insight, recommendations, conclusion, and ideas on how to improve the team (e.g., workflows, inventory, etc.)

Consistently expresses clear, thoughtful, analytical and solution-oriented communications, whether in high-impact slides/decks, written communications in slack or email, or verbal communications

Have slack installed on your personal device

Experience in BSA/AML transactional reviews

Knowledge in BSA/AML and/or Sanctions regulations

Expertise in using sanctions screening systems and working ongoing monitoring alerts

A passion for building out programs in their early stages, including creation and maintenance of policies, procedures, and new tools

A proven track record of being able to work independently

A strong attention to detail

Highly curious and a fast learner