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Anchorage Digital is a crypto platform that enables institutions to participate in digital assets through custody, staking, trading, governance, settlement, and the industry's leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and other offerings.

The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn. 

As the Member of Compliance team for Singapore, you will be a part of the broader compliance team maintaining and enhancing the KYC, on-boarding, and other pillars of Compliance program. This role is crucial in ensuring the quality of the onboarding process is met and we give smooth client experience during the on-boarding journey, which is key in the Anchorage Digital’s AML and Sanctions Compliance Framework. You will be an expert with deep understanding and knowledge of MAS, as well as the Anchorage group level policy requirements focusing on client onboardings/periodic refresh, CDD/EDD, CIP/IDV processes, sanctions screening and deposit attribution processes, and is able to apply those requirements to support business development and manage risks appropriately for the Company.

As a compliance team member, you will maintain the AML/CFT policy including updating and maintaining other policies including KYC Policy, Correspondent banking onboarding policy etc. You will work with the Singapore Compliance Lead to help define the long-term strategy of Singapore’s Compliance team and how the APAC regulated and unregulated businesses can support the parent’s target operating model. You are recognized as a reliable member who can apply expertise to have significant influence for APAC compliance needs.

We have created the Factors of Growth & Impact to help Villagers better measure impact and articulate coaching, feedback, and the rich and rewarding learning that happens while exploring, developing, and mastering the capabilities and contributions within and outside of the (insert role title) role:

Technical Skills:

• Able to draft and update KYC policies, procedures and guidelines
• Able to provide training and advice to stakeholders on potential KYC policy and procedures.
• Able to prioritize demanding workflows, detailed-oriented and well organized in the KYC reviews
• Manage KYC compliance reviews to meet the business priorities including taking active lead in driving client onboarding/periodic refresh meetings
• Able to review sanctions related alerts and deposit attribution information and action appropriately

Complexity and Impact of Work:

• Update and maintain scalable KYC/Onboarding policies and procedures to align with Singapore requirements based on the parent entity and/or Anchorage Digital Bank policies and procedures.
• Provide KYC advisory support on onboarding related queries from the business, KYC Operations team and Client Experience team
• Review adverse media alerts, Customer risk ratings, PEP (Politically Exposed Persons) alerts, customer exception requests, and PEP declassification requests and provide advice to ensure compliance with applicable regulatory requirements
• Assist the ADS Compliance Lead in providing compliance support and advice from all perspectives to the local business and stakeholders

Organizational Knowledge:

• Understands U.S. BSA/AML regulations and MAS requirements for institutional and corporate clients.
• Influences the Compliance and Tech roadmap for implementing necessary controls
• Monitors the development of the company objectives and new product innovation to ensure compliance has a seat at the table
• Ensures that knowledge is shared amongst the Compliance teams and does not position themselves or others as a single point of failure

Communication and Influence

• Timely escalates onboarding related risks related to KYC onboarding processes, client risks, internal process lapses etc to MLRO/Compliance Lead
• Identifies bottlenecks in the onboarding process and discusses with the Compliance Lead on possible solutions to manage such bottlenecks.
• Uses compelling arguments to convey insights, recommendations, conclusions and ideas on how to improve the team (e.g. process, technical backlog, etc.)
• Consistently expresses clear, thoughtful, analytical and solution-oriented communications, whether in high-impact slides/decks, written communications in slack or email, or verbal communications.

You may be a fit for this role if you have:

• Deep understanding of MAS requirements for crypto companies which have the Major Payment Institutions license and service institutional clients
• Strong knowledge of overall AML/CFT Compliance program

Although not a requirement, bonus points if:

• You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)

The Anchorage Village, what we call our team, brings together the brightest minds from platform security, financial services, and distributed ledger technology to provide the building blocks that empower institutions to safely participate in  the evolving digital asset ecosystem. As a diverse team of more than 300 members, we are united in one common goal: building the future of finance by providing the foundation upon which value moves safely in the new global economy. 

Anchorage Digital is committed to being a welcoming and inclusive workplace for everyone, and we are intentional about making sure people feel respected, supported, and connected at work—regardless of who you are or where you come from. We value and celebrate our differences and we believe being open about who we are allows us to do the best work of our lives.

 

Anchorage Digital is an Equal Opportunity Employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. Anchorage Digital considers qualified applicants regardless of criminal histories, consistent with other legal requirements. “Anchorage Digital” refers to services that are offered either through Anchorage Digital Bank National Association, an OCC-chartered national trust bank, or Anchorage Lending CA, LLC a finance lender licensed by the California Department of Financial Protection and Innovation, License No. 60DBO-11976, or Anchorage Digital Singapore Pte Ltd, a Singapore private limited company, all wholly-owned subsidiaries of Anchor Labs, Inc., a Delaware corporation.

Protecting your privacy rights is important to Anchorage Digital, and we work to maintain the trust and confidence of our clients when handling personal or financial information. Please see our privacy policy notices here.