Remote Travel Rule Monitoring Analyst

Summary

Join Blue Cube Services Ltd. as a remote-working Travel Rule Monitoring Analyst to support the growing Monitoring Team, ensuring compliance with international regulations and combating fraud, money laundering, and terrorist financing in the crypto asset industry.

Requirements

• A keen analytical mind with a strong eye for detail is essential for this role, where you'll be reviewing transactions and conducting in-depth investigations of customer accounts
• At least two years of experience in financial crimes compliance and AML at a regulated financial institution or consultancy firm is required
• Previous experience working with Travel Rule solutions, like Notabene or TRUST, is a significant advantage
• Excellent English language skills, both spoken and written
• Candidates must have access to an appropriate laptop with a camera or a webcam and a phone capable of running Google authenticator software
• Strong and reliable WiFi connection
• Candidates must be prepared to submit to further background / security checks if required

Responsibilities

• Execute the day-to-day monitoring of inbound and outbound crypto transfers
• Identify pending transactions and conduct manual risk assessments for withdrawals and deposits
• Review address and customer risk scores, conducting applicable screenings (eg. PEP/sanctions), analyzing VASP information, and making final decisions to approve/cancel withdrawals or confirm/reject deposits
• Coordinate with VASPs to address missing or incorrect Travel Rule data, make risk-based decisions for incomplete transactions, refer internally to the Law Enforcement Requests Team and other internal stakeholders as appropriate, and ensure compliance with Sunrise Issue requirements
• Identify and nominate power-users or high-value customers for potential whitelisting, coordinating with manager and MLRO for approvals
• Ensure the Travel Rule Database and the User Database are updated with the latest information and coordinate with Notabene for data pushes and pulls
• Conduct in-depth analysis by leveraging crypto-specific data analytics to extract valuable insights from blockchain data and identify potential Travel Rule violations
• Review customer accounts and transactions to detect potentially unusual activity, patterns, or potential financial crime activity
• Perform Sanctions, PEP and Adverse media screening
• Coordinate with internal and external stakeholders to address identified issues
• Track the progress of investigations and ensure timely resolution of issues
• Report trends that can help our wider compliance teams to eradicate fraud
• Partner with other departments to assist in developing fraud and money laundering prevention strategies, identify controls requiring improvement and drive corrective action
• Stay up-to-date with the evolving regulatory landscape for crypto assets, including international standards and best practices
• Deliver training to new joiners
• Ad-hoc projects as required

Benefits

• Competitive compensation, in cryptocurrency
• The opportunity to progress for high performers
• Remote working