BSA/AML Compliance Officer - Remote

Overview

We’re looking for an experienced, BSA/AML professional to serve as the BSA/AML specialist for Figure Markets’s US and potentially foreign jurisdictions which includes oversight over several entities, such as a registered MSB, a licensed broker dealer and an investment advisor. As the BSA/AML Compliance Officer you’ll be responsible for building and maintaining Figure Markets’ US BSA/AML Program to ensure the company complies with BSA, AML, and OFAC regulatory requirements.

In Short

• Assist with documentation of risk reporting procedures and ensure in line with models and methodology documentation
• Assist in the daily risk reporting and monitoring of the markets and measuring the risk exposure of user portfolios
• Proactively identify, report and ensure transparency of risks, and immediate escalation of material issues to risk managers
• Analyze market microstructure on crypto derivative markets, periodically review and calibrate risk models according to market conditions
• Monitor compliance with regulation and perform both qualitative and quantitative analysis, independent testing, automating the monitoring and challenging of data and models.
• Monitor the development of crypto exchange industry and identify industry trends and risks for further business development
• Conducting investigations into potential Exchange rule violations, performing various compliance-related audits and monitoring, and handling other compliance-related functions
• Conduct compliance ad-hoc monitoring for potential rule violations or concerning activities related to trading activity, money laundering and fraud;
• Routinely communicate with market participants regarding compliance-related functions and investigative responsibilities
• Communicate compliance analysis and findings to department management, staff, and other business members
• Assesses the organization’s cryptocurrency activities to identify any potential areas of non-compliance, and makes sure that all related procedures and controls are properly implemented
• Assist in the implementation and documentation of standard operational processes related to new product listing, product parameters and model parameters calibration

Requirements

• Deep knowledge of global regulations and mandates pertaining to cryptocurrency and other digital assets
• 3+ years experience with various cryptocurrency exchange platforms and their risk management protocols.
• Familiarity with blockchain technology, from its underlying concepts to its architecture and protocols.
• 3+ years experience coordinating money transmitter licenses with states.
• 2+ years experience coordinating regulatory approvals with FINRA, SEC, CFTC or NFA.
• FINRA Series 7/24 a plus but not required.
• Knowledge of global AML/CTF and Sanctions risks and regulations (e.g., BSA, FinCEN CDD Rule, Sanctions, USA PATRIOT Act, 4MLD, etc.).
• Exceptional interpersonal skills and the innate ability to work unsupervised in a structured manner.
• Easily able to develop, foster and maintain effective working relationships with diverse groups of people.
• Ability to thrive in a fast-paced remote environment.
• Bachelor’s degree or equivalent experience.

Benefits

• Compensation Range: $74,800 - $93,500
• Quarterly 25% bonus target
• Equity stock options package
• This is the compensation range for the United States, actual compensation may vary based on individual candidate experience, location, or evolving business needs