The KYT Analyst will play a pivotal role in conducting alert reviews for our automated transaction monitoring system, focused on Anti-Money Laundering (AML) in the virtual currency sector. This position is integral in detecting, investigating, reporting and mitigating potential money laundering risks.
Alert Review and Analysis: Triage alerts from the transaction monitoring system to identify high-risk deposit addresses and unusual patterns indicative of money laundering or other illicit activities in virtual currency transactions.
Investigation and Reporting: Conduct comprehensive investigations of flagged transactions and compile detailed suspicious activity reports for compliance and regulatory bodies.
Compliance and Regulation Adherence: Maintain stringent adherence to AML policies and regulations of suspicious activity reporting
Data Management: Utilize analytical tools for extensive blockchain analysis, tracking transaction flows, and identifying trends while ensuring data accuracy and security.
Collaboration and Communication: Work closely with internal teams, including compliance and legal, to evaluate and reduce risks and effectively communicate findings and recommendations to stakeholders.
Continuous Improvement: Contribute insights for enhancing the transaction monitoring system and participate in developing monitoring rules and methodologies.
Training and Development: Stay current with trends in virtual currency markets, AML techniques, and relevant technologies. Engage in continuous learning and professional development.
Bachelor’s degree in Finance, Economics, Computer Science, or related field.
Two years of experience with rule-based transaction monitoring case management systems.
Proven experience in AML compliance, preferably within the virtual currencies or financial services industry.
Strong analytical, problem-solving skills, and attention to detail.
Proficiency in data analysis tools and techniques.
In-depth knowledge of virtual currency technologies and transaction behaviours.
Excellent communication and team collaboration skills.
Ability to handle confidential information with utmost integrity.
CAMS certification and blockchain accreditation.
Suspicious activity reporting to financial authorities
Experience with Microsoft Suite and blockchain analysis software, such as Chainalysis, TRM Labs, and Elliptic.
Knowledge of blockchain technology, smart contracts and DeFi platforms.
Proficiency in the use of case management systems for AML investigations.
Experience with risk assessment tools and methodologies.
Knowledge of cyber security principles related to cryptocurrency transactions.
Opportunities for cross-training will be provided to gain knowledge and manage additional functionalities within the AML program. This will enhance adaptability and comprehensive risk management skills.
The position we are referring to plays a vital role in safeguarding our organization against financial crimes by implementing strategies to prevent money laundering and terrorist financing. The incumbent will also be responsible for ensuring that our organization complies with Anti-Money Laundering (AML) regulations, particularly in the dynamic and rapidly evolving virtual currency industry. This includes but is not limited to conducting investigations of suspicious activities, monitoring transactions, and reporting any suspicious activities to relevant authorities.
No salary data published by company so we estimated salary based on similar jobs related to Microsoft and Microsoft jobs that are similar:
$60,000 — $90,000/year
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