Anti Laundering Analyst; Evergreen

Position: Anti Money Laundering Analyst (Evergreen)
locations

Chicago, IL, USAtime type

Full time posted on Posted 30+ Days Agojob requisition idJR
100168

Coin Flip is a global digital currency platform company focused on providing consumers with simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume, with more than 5,500 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, Brazil, Mexico, and Spain. Coin Flip’s digital currency kiosks make buying and selling major cryptocurrencies accessible for consumers who wish to purchase digital currency using cash.

Coin Flip also operates Coin Flip Preferred, a personalized over-the-counter service that provides investors with custom, white-glove support for their cryptocurrency transactions. In 2022, Coin Flip launched Coin Flip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects. We also offer the Coin Flip Crypto Wallet, a self-custodial cryptocurrency wallet available for iOS and Android devices.

Coin Flip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, Coin Flip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune’s Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie  Awards for Customer Service.

To learn more about Coin Flip and how to get started on your digital currency journey, visit www.

Coin Flip.tech.

Thank you for your interest in our Anti Money Laundering Analyst (Evergreen) position. Applicants of this role will not be receiving immediate feedback regarding their applications. If you are looking for an immediate opportunity, please visit our careers page for all available opportunities.

We’re seeking an entry level Anti Money Laundering Analyst responsible for monitoring activity enacted by Coin Flip customers. In this role you will be responsible for completing activity reports, maintaining a ledger of these reports, collaborating with internal teams, and working closely with the Coin Flip Compliance team and the Chief Compliance Officer. The individual is responsible for timely submissions of documents, while providing suggestions to improve the department’s policies and procedures.

Responsibilities:

Partner with Legal to ensure adherence to company reporting policy and statewide regulations

Identify high risk activity, relationships, and accounts based on tiers, including reviewing data to research and build a case for suspicious activity as applicable

Adhere to regulations mandated by the Office of Foreign Assets Control, the U.S. Treasury, and the Financial Crimes Enforcement Network, including filing required compliance reports to appropriate agencies

Assist with or conduct transaction testing, data validation, and ongoing customization of monitoring systems

Conduct comprehensive investigation and EDD reviews of customers by utilizing KYC information, occupation, line of business, income sources, and transaction activity as identified by the risk assessment/system platform triggers

Manage and organize a database containing all reports submitted by the department and its ledger

Construct new and innovative techniques to increase the efficiency of the compliance aspect of the department, including participating in meetings with coworkers to identify gaps within current practices, and rectifying the process to assure regulatory compliance

Other duties as assigned

Qualifications:

Associate’s degree or work experience equivalent

Strong organizational, written and verbal communication skills

Utmost adherence to confidentiality

Ability to work in an entrepreneurial, fast-paced environment and pick up new tasks quickly

Proactive problem-solver capable of identifying issues and generating solutions

Proven ability to work independently and complete tasks and projects autonomously

Excellent analytical skills, close attention to detail, and the ability…