Transaction Monitoring Analyst

About Binance.US: 

Binance.US is America's home to buy, trade, and earn digital assets. As a licensed and regulated U.S. crypto platform, Binance.US offers some of the lowest fees in the industry and provides secure and reliable access to more than 160 of the world’s most popular cryptocurrencies. We’re on a mission to empower people to do more with their money. The new economy has arrived and we’re committed to helping everyone access the world of blockchain and crypto. To learn more about Binance.US, visit https://www.binance.us/. All roles supporting Binance.US are employed via BAM Management US Holdings Inc. or BAM Management Canada Holdings Inc.

About This Role:

This is a full-time contractor role that includes 4 hours of weekend work. The Transaction Monitoring (“TM“) Analyst is part of the Transaction Monitoring Compliance team and reports to our TM Lead. As TM Analyst, you will bring experience with using blockchain monitoring tools, and will be responsible for completing investigations on transactions primarily conducted in cryptocurrency, working with cross-functional partners on escalations, and completing required transaction reporting. As TM Analyst you will partner with our KYC, Sanctions, Risk, and CX teams, to support Binance.US’s unwavering commitment to our BSA/AML Compliance program and obligations.

Responsibilities :

• Review and analyze customer and transaction alerts, accounts, and users to identify potential suspicious or fraudulent activity

• Identify patterns and trends consistent with money laundering and terrorist financing

• Document and report investigation findings and prepare case files with required supporting documentation

• Escalate alerts and draft case investigations in accordance with internal policies and procedures

• Draft Suspicious Activity Reports (SARs) and document No-File rationales

• Stay up-to-date with the current regulatory landscape and compliance requirements of cryptocurrency industry; with emphasis on applicable BSA/AML requirements for detection of potentially suspicious activity

• Assist in the development and maintenance of the transaction monitoring, investigations, onboarding experience, account review, and sanctions screenings policies and procedures

• Prepare Enhanced Due Diligence (EDD) reports and other analytic reports as necessary

• Draft and update internal procedures/working guides in accordance with BSA/AML regulations.

Requirements:

• Experience in Cryptocurrency-based AML investigations

• Experience with blockchain analytics software such as Chainalysis, Elliptic, Ciphertrace, and/or TRM

• Strong attention to detail, teamwork, people and analytical skills

• Ability to adapt to immediate changes is a must

• Positive and proactive attitude

• Knowledge of BSA/AML/OFAC regulations and FinCEN guidelines a must

• Crypto knowledge is a plus

• ACAMS and/or Cryptocurrency-specific certifications a plus

Salary:

The pay for this role is USD$40 per hour for all U.S. remote locations.

BAM Management US Holdings Inc. and BAM Management Canada Holdings Inc. are Equal Opportunity Employers. Our mission is to give Americans access to a broad array of digital assets, and we thrive because of the diverse and inclusive team that we are building. We do not discriminate against qualified employees or applicants because of race, color, religion, gender identity, sex, sexual preference, sexual identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, mental disability, medical condition, military status, or any other characteristic protected by local law or ordinance. 

We comply with Federal Transparency in Coverage regulations by providing a link to machine readable files related to the health plans offered to our employees. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data including negotiated service rates, and out-of-network allowed amounts between health plans and healthcare providers.