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BlackRock · 3 days ago

Associate, Financial Crime – Cash Funds, Digital Assets & Tokenization

Wilmington, DE

Full-time

Hybrid

Entry, Mid Level

$85K/yr - $118K/yr

2+ years exp

BlackRock is a global leader in digital asset innovation, offering institutional clients access to advanced blockchain-based investment products. The Financial Crime Associate will support the implementation of the firm’s financial crime framework across cash funds, digital asset products, and tokenization initiatives, ensuring robust controls and regulatory alignment.

Asset ManagementCrowdfundingFinancial ServicesFinTechReal Estate Investment

Responsibilities

Support the development and implementation of financial crime compliance controls for cash funds, digital asset products, and tokenized structures

Conduct customer due diligence (CDD) and enhanced due diligence (EDD) on institutional investors, counterparties, and service providers, including transfer agents and administrators

Review and investigate escalations related to anti-money laundering (AML), sanctions, and fraud risks, ensuring timely resolution and documentation

Assist in maintaining and updating risk assessments for high-risk investors and counterparties, incorporating emerging digital asset typologies

Monitor transactions and perform investigative reviews to identify potential financial crime risks associated with blockchain-based products

Contribute to the design and enhancement of procedures for onboarding and ongoing monitoring of digital asset-related relationships

Prepare Management Information (MI) reports and support the escalation of Suspicious Activity Reports (SARs) to senior compliance officers

Stay informed on U.S. regulatory developments, including guidance from the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), the Securities and Exchange Commission (SEC), and upcoming legislation such as the GENIUS Act

Collaborate with internal teams and external partners to ensure adherence to firmwide compliance standards and regulatory expectations

Support internal audits, regulatory examinations, and testing activities related to financial crime controls for digital assets

Assist with training and awareness initiatives focused on financial crime risks in tokenization and blockchain environments

Participate in global and regional committees on financial crime risk and provide advisory coverage as needed

Qualification

Financial crime complianceRisk managementAML regulationsCustomer due diligenceData analysisRegulatory knowledgeCommunication skillsAttention to detailOrganizational skills

Required

2–4 years of experience in financial crime compliance or risk management within a regulated financial services environment, preferably with exposure to digital assets or blockchain-based products

Working knowledge of U.S. financial crime regulatory requirements, including AML, sanctions (e.g., OFAC), anti-bribery and corruption (e.g., Foreign Corrupt Practices Act), and fraud frameworks

Familiarity with institutional investment structures and service providers such as funds, transfer agents, custodians, and broker-dealer environments

Experience conducting CDD and EDD on institutional investors, counterparties, and service providers

Ability to analyze data, prepare MI reports, and develop clear reporting for senior stakeholders and governance committees

Strong governance, analytical, and document management skills, with attention to detail and accuracy

Excellent communication skills, sound judgment, and a proactive approach to identifying areas for process improvement and control enhancement

Highly organized, self-motivated, and able to prioritize workloads effectively to meet deadlines