Transaction Monitoring Associate

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.

Job Description: Transaction Monitoring Associate

Position Title: Transaction Monitoring Associate
Location: Bangalore India
Department: Compliance

Who we are

FalconX is a digital assets prime brokerage platform. We are redefining digital assets prime brokerage from the ground up. We are backed by some of the best investors in the world including Accel American Express GIC B Capital Coinbase Ventures Fidelity Flybridge Lightspeed and Tiger Global.

We deliver institutional digital asset customers best-in-class trading credit custody and structured products. We trade lend and secure tens of billions of dollars monthly are highly profitable and growing fast so we need your help!

We are data-driven. Whether its a growth or product decision we believe data can always help us make more precise and informed choices.

We move fast. Speed of execution is essential for any startup but we believe this is even more pertinent in our 24/7 industry.

We prioritize learning. Outcomes are mission-critical but we also believe that learning in success and in failure will drive our continued success. Our industry is emergent - theres no shortage of experiments to get involved with and to continue growing and learning together.

FalconX has offices in the USA - San Mateo New York India - Bengaluru Malta Hong Kong Singapore and London.

Who is on the team

We are entrepreneurs. Many in our company have been founders or have aspirations to eventually start their own company. We take these ambitions and experiences to bring a solutions-oriented mindset to the problems we encounter day-to-day.

We are experienced. We have been fortunate to have learned from mentors and peers at institutions such as Google LinkedIn JUMP Trading Citadel PEAK6 Investments Goldman Sachs J.P. Morgan Harvard Business School Carnegie Mellon IIT more.

Impact

At FalconX youll help make global digital assets a successful asset class in the most compliant way. Some of the largest financial institutions from Wall Street to Silicon Valley and around the world will turn to us for the best market prices and insights on the crypto industry. You will understand the key money laundering risks within the global digital assets industry and assist in putting key risk mitigation controls in place. As a key member of the APAC compliance team and key contributor to the global AML program you will learn and grow our companys values which define our culture and drive day to day behaviors and decision making.

Position Summary:

The Transaction Monitoring Associate is responsible for the day-to-day monitoring of customer transactions across both fiat and cryptocurrency assets to detect and prevent illicit financial activities. This role involves identifying suspicious patterns investigating alerts generated by transaction monitoring systems and ensuring compliance with AML CTF and sanctions regulations. The associate will utilize blockchain analytics tools to trace digital asset flows perform comprehensive reviews of transaction activity and maintain detailed records of investigations while collaborating with regional compliance teams and external vendors.

Key Responsibilities:

• Alert Investigation: Investigate alerts generated by both on-chain and off-chain transaction monitoring systems.
• Blockchain Analytics: Utilize blockchain analytics tools such as Chainalysis Elliptic and TRM Labs to trace digital asset flows and identify suspicious patterns and exposure to illicit typologies.
• Comprehensive Review: Perform daily real-time and retrospective comprehensive reviews of transaction activity and customer KYC information.
• Trend Identification: Identify emerging financial crime trends and red flag indicators.
• Quality Control: Focus on quality control and process improvement.
• Documentation and Communication: Maintain comprehensive records of investigations and effectively communicate relevant findings.
• Collaboration: Work collaboratively with regional compliance teams business units and external vendors to ensure effective monitoring coverage.

Qualifications:

• Education: Bachelors degree in Finance Economics Business Administration or a related field. Advanced degree preferred.
• Experience: 2 to 5 years of experience in an AML transaction monitoring role within a financial services firm regulatory organization or legal/consulting firm.
• Technical Skills: Proficiency in using blockchain monitoring and analytics tools.
• Knowledge: Strong understanding of blockchain transactions and associated risks. Deep understanding of AML CTF and sanctions regulations with awareness of global variations in compliance requirements.
• Analytical Skills: Exceptional investigative analytical and problem-solving skills with the ability to interpret complex data and identify trends. Demonstrates decisiveness and confidence in making final determinations ensuring that escalations are reserved for truly ambiguous or high-risk situations.
• Communication Skills: Excellent written and verbal communication skills with the ability to present findings clearly and concisely.
• Attention to Detail: High level of accuracy and attention to detail.

Certifications: Relevant certifications are a plus and demonstrate a commitment to professional development in the field.

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.