Compliance Manager, Transaction Monitoring

Who are we

FalconX is a pioneering team of operators investors and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and cutting-edge technology FalconX addresses the industrys foremost challenges: Navigating the digital asset market can be complex and fragmented with limited products and services that support trading strategies structures and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale FalconX operates as the connective tissue empowering clients with seamless navigation through the ever-evolving cryptocurrency landscape.

Position Summary:
The Compliance Manager at FalconX will be responsible for conducting complex investigations into potentially suspicious activities involving cryptocurrency products traditional brokerage accounts and cash movements. This role involves utilizing advanced blockchain analysis tools ensuring adherence to AML regulations and collaborating with various stakeholders to mitigate risks related to financial crimes.

Key Responsibilities:

• Investigation Management: Conduct complex investigations into potentially suspicious activity involving cryptocurrency products traditional brokerage accounts and cash movement resulting from internal monitoring systems alerts referrals and external inquiries.
• Blockchain Analysis: Conduct advanced blockchain analysis using blockchain analytics tools to trace crypto flows and surface red flags.
• Defi Risk Management: In-depth understanding of Anti-Money Laundering (AML) Countering the Financing of Terrorism (CFT) and sanctions risks specific to decentralized finance (DeFi) markets with proven ability to develop and implement effective controls and strategies to mitigate these risks.
• Customer Activity Analysis: Analyze customer activity across FalconX entities including broker-dealers and Money Services Businesses.
• SAR Drafting: Draft high-quality Suspicious Activity Reports (SARs) that meet regulatory standards and internal quality expectations summarizing complex activity clearly and concisely.
• Risk Assessment and Mitigation: Strong skills in conducting risk assessments related to transaction activities including evaluating the impact of new products or services on existing monitoring frameworks and developing strategies to mitigate identified risks.
• Cross-Functional Collaboration: Proven ability to work collaboratively with legal risk management IT and other departments to enhance compliance strategies and implement effective controls.
• Regulatory Reporting: Experience in preparing and submitting regulatory reports related to transaction monitoring and compliance ensuring timely and accurate communication with regulatory bodies.
• Technology Integration: Familiarity with integrating new technologies and tools into existing monitoring systems to improve efficiency and effectiveness in detecting suspicious activities.
• Data Privacy and Security: Understanding of data privacy regulations and best practices for handling sensitive financial information ensuring compliance with relevant laws and protecting customer data.
• Lifecycle Ownership: Own the investigation process after initial detection and review by analysts through decisioning and documentation.
• Case Support: Provide support in handling escalated or high-risk cases by gathering data and offering investigative insights.
• Peer Support & Mentoring: Provide peer support and mentoring to newer team members and contribute to onboarding and training efforts.
• Continuous Improvement: Contribute to continuous improvement by helping to enhance investigative processes quality standards and tooling.
• Stay Informed: Stay current on emerging crypto-related financial crime trends typologies and regulatory updates (e.g. FinCEN guidance NYDFS crypto guidance).

Qualifications:

• Education: Bachelors degree in a relevant field (e.g. Criminal Justice Finance Economics) or equivalent experience.
• Experience: 5 years of AML investigation experience at a broker-dealer crypto firm fintech or financial institution including SAR drafting and KYC reviews.
• Technical Skills: Hands-on experience analyzing crypto transactions and using blockchain analytics tools (e.g. Chainalysis TRM Elliptic CipherTrace etc).
• Regulatory Knowledge: Strong understanding of BSA/AML regulations with a focus on virtual currencies and digital asset platforms.
• Analytical Skills: Proven ability to work independently on complex cases analyze large data sets and make sound defensible decisions.
• Communication Skills: Exceptional writing and documentation skills with strong attention to detail.
• Platform Familiarity: Familiarity with TRM Labs Solidus Labs or other case management platforms.
• Adaptability: Comfortable in a fast-paced evolving environment that values initiative and innovation.
• Passion: Passion for staying ahead of financial crime threats in the crypto and fintech space.

The base pay for this role is expected to be between $157000 to $213000 in the New York City and San Francisco Bay Area. This expected base pay range is based on information at the time this post was generated. This role will also be eligible for other forms of compensation such as a performance linked bonus equity and a competitive benefits package. Actual compensation for a successful candidate will be determined based on a number of factors such as location skillset experience qualifications and the level at which the candidate is hired.

Notice at Collection and Privacy Policy

Applicants located in California and/or applying to a role based in California please refer to our Notice at Collection and Privacy Policy here.

Inclusivity Statement

FalconX is committed to building a diverse inclusive equitable and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements skills or experiences!

As part of our commitment to inclusivity FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons FalconX must use this language to align with federal requirements however we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.

FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race color religion national origin ancestry ethnicity sex (including gender pregnancy sexual orientation and gender identity) age physical or mental disability veteran or military status genetic information citizenship or any other legally-recognized protected basis under federal state or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconXs People team at if you need assistance with participating in the application process.