Remote Financial Crime Compliance Analyst

Summary

Join VALR as a Financial Crime Compliance Analyst and play a crucial role in safeguarding the company against financial crime, ensuring compliance with regulatory requirements while promoting a culture of integrity and transparency. Monitor transactions for suspicious activities, identify high-risk clients, report findings to stakeholders, and conduct comprehensive investigations into relevant findings.

Requirements

• Bachelor's degree in Finance, Business, Law, or a related field
• Solid experience in financial crime compliance, AML, or a related area, ideally within the cryptocurrency or financial services sector, with a focus on anti-financial crime and fraud transaction monitoring
• Certifications from blockchain analytics providers are a plus but not essential
• Strong understanding of the flow of money, compliance requirements, and AML regulations, including international best standards for financial crime controls
• Excellent analytical skills with a keen attention to detail
• Strong verbal and written communication skills, with the ability to clearly convey complex information
• Proficiency in compliance software and transaction monitoring systems
• Ability to work both independently and collaboratively in a fast-paced environment

Responsibilities

• Monitor transactions for suspicious activities and patterns indicative of potential money laundering or other financial crimes
• Identify and flag high-risk transactions and clients for further investigation, ensuring timely recognition of red flags
• Report findings to relevant stakeholders, including compliance teams and regulatory bodies, in accordance with legal requirements
• Investigate automated transaction monitoring alerts generated by blockchain analytics software and other internal systems to identify possible criminal or suspicious activities on client accounts
• Review alerts from automated transaction monitoring systems, providing substantiated justifications and evidence for adjustments to enhance future alert accuracy
• Conduct comprehensive investigations into relevant findings raised by internal stakeholders or external parties, ensuring prompt remediation
• Manage all regulatory reporting obligations, including Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs), ensuring high-quality submissions are escalated to risk review forums and leadership
• Communicate with clients for remediation and due diligence purposes, ensuring compliance with Know Your Customer (KYC) regulations
• Oversee investigations related to Anti-Money Laundering, ensuring adherence to Service Level Agreements (SLAs) and taking necessary actions to meet deadlines
• Support the Chief Compliance Officer with regulatory reviews and risk management projects, contributing insights to the fraud department on general fraud matters and assisting in training and awareness initiatives
• Assist the Client Service team and Fraud Risk Champion with compliance-related inquiries, acting as a resource for compliance matters
• Participate in ad hoc projects as needed, beyond the defined responsibilities

Benefits

• Competitive salary
• Leave: Compliance with statutory leave required by individual countries, in addition to flexible leave
• Remote work: You can work from wherever you like. However, to work effectively remotely, employees must ensure that there is secure, stable internet connectivity
• Home office setup: A Mac laptop and a discretionary allowance to buy all the extras needed to work happily from home—all of it yours to keep after three years. Terms and Conditions will apply
• Learning fund: An annual upskilling budget of R20,000 per employee, which will be converted to the respective currency of the employee's payment, in addition to scheduled VALR training
• Performance bonus: When you contribute to VALR’s success, you’ll be rewarded with discretionary bonuses
• Regular get-togethers outside of work
• Annual company retreats