Senior Compliance Analyst, SARs Case Officer

1 Week ago • 2-5 Years

About the job

Summary_{By Outscal}

Experienced investigator to manage financial crime risks. Conduct second-level reviews of real-time blockchain analytics monitoring alerts. Strong knowledge of financial services and financial crime regulations, preferably with knowledge of emerging crypto industry regulations.

Who We Are

At OKX, we believe that the future will be reshaped by Crypto, ultimately contributing to every individual's freedom. OKX began as a crypto exchange giving millions of people access to crypto trading and over time becoming among the largest platforms in the world. In recent years, we have developed one of the most connected Web3 wallets used by millions to access decentralized crypto applications (dApps). OKX is a trusted brand by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments. In the last year, OKX has expanded into new markets including Australia, Brazil, Netherlands, Singapore and Turkey, with plans to launch in the US, Belgium and the UAE.

We are deeply committed to shaping a fairer, more transparent and accessible society through blockchain technology. This is why we publish proof of reserves monthly, and continue to ship new innovative security features.

About the Opportunity

We are looking for an experienced investigator to work closely with the Money Laundering Reporting Officer to manage the financial crime risks of OKX UK.

You will be taking on the role of ensuring accurate detection of suspicious activities from transaction monitoring and the preparation and management of SAR decisions. You will also be required to take active participation in driving AML-oriented improvement projects within the team.

To succeed in this role, you should be a reliable professional who is not afraid to speak their mind and stand by their decisions but also to work as a team and to take on feedback. You should be familiar with transaction monitoring tools such as Chainalysis or Elliptic, have a good understanding of the UK regulatory framework regarding financial crime - such as the MLRs and JMLSG Guidance, and be capable of professional writing regarding risks and actions.

What You’ll Be Doing:

Conduct second-level reviews of real-time blockchain analytics monitoring alerts
Conduct wider account reviews, manual reports or internal/external referrals.
Review potential matches against various regulatory watchlists and conduct additional research to ascertain validity of matches; escalate potentially suspicious activity to management.
Monitor potential suspicious transactions to identify potential money laundering activities.
Where appropriate, facilitate Requests for Information (RFIs) with cross-functional staff in the investigation of transaction monitoring cases.
Conduct research using internal and external sources to help determine potentially suspicious activity and disposition of adverse news.
Create, update and maintain files and records related to all supporting information used in mitigating the alerts.
Make recommendations on SAR / no SAR and manage restrictions related to DAML SARs.
Work closely with other teams, such as Operations, Legal, and Risk, to ensure that all AML-related activities are aligned with the company's overall compliance strategy.
Assist with the validation of the transaction monitoring system or any updates required.

What We Look For In You

Bachelor's degree in Finance, Economics, Laws, or related field
Approximately 2-5 years experience in transaction monitoring, preferably within the crypto or payments industry
Strong knowledge of financial services and financial crime regulations, preferably with knowledge of emerging crypto industry regulations
Excellent analytical, problem-solving, and decision-making skills
Ability to communicate effectively with stakeholders at all levels
Ability to thrive in a fast-paced and dynamic environment
Professional certifications such as CAMS and blockchain analytics certifications are desirable