Compliance Analyst

ABOUT ROCKWALLET

Rock Solid. Rock Confident.

RockWallet is a financial technology company made up of people who think differently about how digital assets can be managed, accessed, and used.

At RockWallet, our vision is for anyone to be able to access and thrive in the digital economy. It's our mission to help you make the most of the opportunities available by building products that empower people to navigate digital asset usage easily, securely, and with confidence. Our self-custodial, multicurrency wallet puts you in charge of your digital assets. RockWallet's app makes it quick and easy to buy, use, store, and swap top cryptocurrencies, all in one place, on your mobile. RockWallet is registered with FinCEN as a Money Service Business. Find out more here at ).

This is a hybrid/full-time position with a preference for candidates located in Noida or within commutable distance to our office.

If you are a Fintech / Crypto / Digital Asset enthusiast, who thrives in a fast-paced, collaborative environment, and is ready to take on a high-impact role, we would love to hear from you.

ROLE OVERVIEW

As a key member of the compliance team, the Compliance Analyst will support the BSA / AML / OFAC compliance needs of the overall company from an MSB perspective.

The successful candidate will work closely with various internal stakeholders by supporting their administrative compliance requirements, such as:

• Monitoring all aspects of the new customer onboarding process, including initial due diligence, enhanced due diligence and ongoing due diligence monitoring. The analysis includes a review of new customer applications, KYC (CIP and CDD) screening, and initial and ongoing OFAC and PEP reviews.
• Customer outreach to assist in onboarding new customers that either need assistance in completing KYC onboarding requirements or that need to be contacted to collect additional documentation as part of EDD documentary review procedures.
• Educate and support customer care, helping them develop a solid understanding of BSA / AML / OFAC policies and procedures.
• Assist in customer outreach to gather additional documentation or information as required for EDD processes.
• Conduct transaction monitoring across all of RockWallet's product offerings and follow up on customer monitoring alerts, including customer outreach to obtain source of funds or source of wealth questionnaires.
• Applies enhanced due diligence and transaction monitoring techniques and methodologies to identify and research patterns of suspicious activity.
• Work under the supervision of the Chief Compliance Officer to implement and improve suspicious activity monitoring techniques, systems, and control programs and incorporate technology into processes and products.
• Assist in the completion of Suspicious Activity Reports and customer suspicious activity investigations.
• Report on customer complaints, regulator and law enforcement inquiries, and KYC audit results.
• Reviewing and updating compliance processes and procedures, and training of operations staff.

Reporting to the Compliance Director, the Senior Compliance Analyst will be responsible for the following duties and obligations:

Key Responsibilities

• Customer Due Diligence: Responsible for the customer onboarding process and performing KYC/CIP reviews, enhanced due diligence reviews and initial and ongoing OFAC and PEP screenings with service level agreement requirements.
• Suspicious Activity Monitoring and Reporting: Responsible for transaction monitoring, implementation of system enhancements and modifications, and case management. Review case files to identify patterns to develop suspicious activity monitoring techniques, systems, and control programs. Explores new technologies that may be applied to combat emerging trends in suspicious activity. Research and test analytical approaches and technologies. Develops and builds networks of relationships through organizations such as ACAMS, etc.
• Directs and/or leads investigations into suspicious activity, monitoring, and reporting. Works closely with other compliance analysts to ensure policies and procedures are followed, and if new tools apply to the business. Prepares monthly compliance analytics packet for Senior Management.
• Analysis and Reporting: Supervises and mentors compliance analysts to develop a sound understanding of BSA/AML policies and procedures. Leads the analyst team to ensure daily operational tasks are completed, including queue distribution management, ongoing production, and workflow improvement. Manages and evaluates staff to established performance standards.
• Compliance Policies & Control Procedures: Monitors and improves internal processes and procedures related to customer onboarding, KYC procedures, and suspicious activity monitoring. Makes recommendations to improve policies and procedures to maximize departmental resources.

Qualifications

• Associate's degree in business or related field or equivalent relevant experience preferred
• Service professional with 3+ years' management responsibility desired
• Professional designation such as Certified Anti-Money Laundering Specialist ("CAMS") or equivalent preferred
• Detailed knowledge of BSA/AML compliance programs applicable to MSB's and VASP's with specific focus on the U.S.A. PATRIOT Act and enhanced due diligence requirements for new customer enrollments, PEP, and OFAC screenings
• Direct Experience with the operations of automated transaction monitoring systems
• Ability to partner effectively with and influence RockWallet technology and external technology vendors
• Experience with drafting and editing BSA/AML procedures and workflows
• Strong analytical and problem-solving skills
• Exceptional leadership, mentoring, and coaching skills
• Ability to plan and manage multiple and competing priorities
• Multi-tasking skills required
• Must be flexible and ability to work in a fast-paced, dynamic environment and adapt to changing priorities
• Flexible, adaptable, and capable of working under pressure in a dynamic regulatory landscape.
• Disciplined self-starter
• Ability to work independently and effectively with minimum supervision
• Excellent interpersonal and communication skills (both oral and written) including PC proficiency
• Excellent time management skills
• Exceptional English speaking and writing skills a must

BENEFITS

• Work from home
• A competitive salary
• Diverse and dynamic work environment
• Work-life balance and support for career development

HOW TO APPLY: Please submit your resume in our preferred file – .PDF not in .DOC. Thank you.

We thank all interested applicants, however, only those under consideration will be contacted.