US AML Team Lead

sFOX is the all-in-one digital assets prime dealer that specializes in trade execution, and custody. Founded in 2014, we are the world’s only end-to-end cryptocurrency prime dealer. As the leading digital asset dealer, we are at the forefront of safety and security while providing a fast and effective trading platform to customers. With a single account we connect customers to 50+ different liquidity providers and provide them the algorithmic trading tools to be one step ahead of the market. We’re funded by leading investors including Social Capital, Khosla Ventures, Haystack, and Y Combinator. 

We’re on a mission to open the world’s financial markets to everyone and we’re looking for exceptional talent to join our rapidly growing team.

About the Position:

This role will be part of the global compliance team that reports to the US BSA Officer. The US AML Team Lead will handle sensitive and high-risk cases, must maintain the highest ethical standards while conducting compliance reviews, support, and analysis in support of BSA/AML and other regulatory policies and programs. sFOX is looking for someone that is a team player and excels in a dynamic environment.

Responsibilities:

• Working with the BSA Officer to help streamline processes and procedures for the Global AML team
• Conduct customer profile KYC and enhanced due diligence reviews and research
• Investigate alerts for suspicious transaction activity and sanctions monitoring
• Gains knowledge of the company’s BSA policy, program, and various desktop procedures to ensure a working knowledge of all segments of the BSA/AML processes within the company
• Oversee daily reviews, monitoring, and analysis of various reports, logs, and transaction data to identify trends, unusual activity, and monitor large currency activity among others
• Oversight and execution of all internal Quality Control processes
• Remain current with industry developments and new rules/regulations in the areas of KYC, BSA/AML, and OFAC
• Complete SARs and other reporting requirements
• Investigate and respond to information sharing requests and AML-related inquiries
• Participation and preparation for regulatory BSA Examinations and Independent Audits, internal Board and Management committee meetings
• Respond to ad hoc requests, escalate issues, assist with case management including metrics tracking and reporting
• Maintain detailed documentation to demonstrate compliance with regulations and internal policies and procedures
• Collaborate with other teams to design and implement more efficient processes relating to transaction monitoring, KYC, and EDD
• Assist in the implementation of new regulations as they impact the business
• Other duties and responsibilities as required or assigned

Requirements:

• Bachelor’s Degree and 4-6 years experience in related field required
• Prior experience in conducting suspicious activity monitoring and customer due diligence investigations
• CAMS certified or crypto compliance experience (not required, but a major plus)
• Well-organized self-starter with ability to work effectively in a team environment as well as accomplish work assignments under minimal supervision and sometimes tight deadlines
• Working knowledge of banking, money service business and money transmission laws and guidance (e.g. OFAC and FinCEN guidance)
• Ability to handle highly confidential information
• Effective interpersonal skills, including a good sense of humor

The above list of job duties is not exclusive or exhaustive and the employee may be required to undertake additional tasks as may be reasonably expected for the position.

SFOX is committed to diversity in its workforce and is proud to be an equal opportunity employer. We do not make hiring or employment decisions on the basis of race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other basis protected by applicable local, state or federal law.