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Compliance Analyst Korea

Crypto.com
Korea, Republic of
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About the company:

Crypto.com was founded in 2016 on a simple belief: it's a basic human right for everyone to control their money, data and identity. With over 10 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of "cryptocurrency in every wallet" into reality, one customer at a time. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Singapore with a 3000+ strong team globally.

For more information, please visit www.crypto.com/sg.


About the role:

The Compliance Analyst will report to the Regulatory Compliance Director and MLRO in Korea and be responsible for supporting Crypto.com’s AML/CFT operational compliance obligations (e.g., transaction monitoring, travel rule compliance, suspicious activity reporting, KYC reviews, enhanced due diligence, regulatory reporting and a variety of other projects across the Korea compliance programme).

You will also support the Compliance function of the group to ensure robust policies, and controls are in place across all regulated businesses of Crypto.com, and that they remain in compliance with internal procedures and policies.

In this role, you will:

  • Support the implementation of operational compliance requirements for the Korea business;
  • Work with internal stakeholders (eg. Legal, Payments, IT Security, etc) and external stakeholders (Compliance Vendors, Counterparty FIs);
  • Ensure operational excellence for ongoing compliance tasks;
  • Assist with the periodic review of compliance related procedures;
  • Assist with independent reviews and regulatory examinations as required;
  • Identify, highlight and manage compliance risks, findings and recommendations identified internally or externally, by independent reviews or examinations;
  • Assist in developing and maintaining compliance processes with respect to Value Transfer Requirements aka “The Travel Rule”;
  • Respond to law enforcement requests and inquiries;
  • Respond to requests for further information from partnering financial institutions;
  • Develop technical knowledge and competency in relation to the regulatory framework governing the company and its activities;
  • Perform any other duties and responsibilities required to ensure all Crypto.com companies do so in accordance with local regulations
  • Minimum of 1-3 years of relevant experience in complex retail/consumer financial services/payment services organizations with multiple financial products, or a regulatory agency or law firm involving compliance issues relating to anti money laundering, and related payments services laws and regulations;
  • Understanding of anti-money laundering regulations and payments laws within the banking/financial services industry;
  • Excellent knowledge of the AML Act, its subsidiary legislations, and applicable notices and guidelines, in particular Act on Reporting and Using Specified Financial Transaction Information;
  • STR writing experience;
  • Must be able to perform independently and with minimal supervision;
  • Strong organizational skills – must be multi-tasked oriented and able to balance pressure and deadlines with constantly changing priorities;
  • Strong written and verbal communication skills. Ability to prioritise workload in line with tight deadlines and work effectively under pressure;
  • Excellent written communication – business and project reports;
  • CAMS certification, or willingness to obtain, preferred;
  • Knowledge of digital assets and fintech products is preferred;
  • Ability to work within a matrixed environment and cross functionally with operations and technology functions.
    • We offer an attractive compensation package working in a cutting-edge field of Fintech.
    • Mentorship from industry leaders in compliance.
    • Huge responsibilities from Day 1.
    • Be the owner of your own learning curve.
    • The possibilities are limitless and depend on you.
    • You get to work in a very dynamic environment and be part of an international team.
    • You will get to have involvement in developing a brand-new product from scratch alongside with a talented team.

    How much do crypto jobs pay?

    The salaries for cryptocurrency jobs vary widely depending on the specific role, industry, location, experience, and other factors

    However, in general, cryptocurrency jobs tend to pay relatively well compared to other industries

    Here are some examples of average salaries for popular cryptocurrency jobs:

    1. Blockchain Developer: The average salary for a blockchain developer in the US is around $105,000 per year, with salaries ranging from $60,000 to $180,000 per year.
    2. Cryptocurrency Analyst: The average salary for a cryptocurrency analyst in the US is around $85,000 per year, with salaries ranging from $50,000 to $135,000 per year.
    3. Cryptocurrency Trader: The average salary for a cryptocurrency trader in the US is around $95,000 per year, with salaries ranging from $40,000 to $180,000 per year.
    4. Marketing and PR Manager: The average salary for a marketing and PR manager in the US is around $77,000 per year, with salaries ranging from $43,000 to $128,000 per year.
    5. Crypto Lawyer: The average salary for a crypto lawyer in the US is around $120,000 per year, with salaries ranging from $70,000 to $200,000 per year.

    Is crypto jobs legit?

    Yes, cryptocurrency jobs are generally legitimate, and the industry has created many job opportunities over the years

    As the cryptocurrency industry has grown, it has attracted a significant number of legitimate businesses and organizations that require talented individuals to work in various roles, such as blockchain development, cryptocurrency analysis, trading, marketing, public relations, law, and compliance, among others

    However, as with any industry, there are also fraudulent job postings and scams that try to take advantage of people looking for work

    It is essential to be cautious and thoroughly research any company or job opportunity before applying or accepting a position

    You should always verify that the job posting is from a legitimate company and never provide sensitive personal or financial information without ensuring that the opportunity is genuine

    To avoid scams, you can do the following:

    1. Research the company before applying for a job or accepting a job offer. Check the company's website, social media, and reviews to ensure that it is legitimate.
    2. Verify the job posting and contact information. Ensure that the email, phone number, or website listed in the job posting is valid.
    3. Don't pay for a job or training. A legitimate company will not ask you to pay for a job or training.
    4. Be wary of job offers that sound too good to be true. If a job offer promises a high salary or unrealistic benefits, it could be a scam.

    What careers are there in crypto?

    The market of cryptocurrency jobs has grown rapidly in recent years, creating a wide range of career opportunities in various sectors

    Here are some of the careers in crypto that you can explore:

    1. Blockchain Consultant: Consultants offer advice to businesses and organizations that are exploring the implementation of blockchain technology. They help with strategic planning, implementation, and optimization.
    2. Blockchain Developer: Developers are responsible for creating and maintaining blockchain-based applications and smart contracts. They need to have experience in coding languages like Solidity, C++, and Python.
    3. Crypto Compliance Officer: These professionals ensure that businesses operating in the crypto industry comply with relevant laws and regulations.
    4. Crypto Journalist: A journalist who specializes in reporting on cryptocurrencies and the blockchain industry. They write news articles, feature stories, and analysis.
    5. Crypto Lawyer: Lawyers who specialize in the crypto industry help navigate complex regulatory and legal frameworks.
    6. Cryptocurrency Analyst: An analyst researches and analyzes cryptocurrencies and the market trends. They provide insights on trading, investments, and risk management.
    7. Cryptocurrency Educator: Educators help individuals and businesses understand the concepts and technicalities of cryptocurrencies and the blockchain technology.
    8. Cryptocurrency Trader: Traders buy and sell cryptocurrencies on exchanges, making profits by predicting market movements.
    9. Marketing and PR Manager: These professionals are responsible for promoting crypto projects, managing the brand's online presence, and building community engagement.

    Can you make a career out of cryptocurrency?

    Yes, it is possible to make a career out of cryptocurrency

    The cryptocurrency industry has grown rapidly in recent years, and there are now many job opportunities available in various sectors related to blockchain and digital currencies

    Some of the most common career paths in cryptocurrency include blockchain development, cryptocurrency trading, cryptocurrency analysis, marketing and public relations, and cryptocurrency journalism

    There are also roles in cryptocurrency consulting, law, and compliance, among others

    To pursue a career in cryptocurrency, it is important to have a strong understanding of the technology and how it works

    This may require education or training in computer science, economics, or finance, depending on the specific career path you choose

    Additionally, keeping up with the latest developments in the industry is crucial to stay competitive and relevant

    As with any career, success in the cryptocurrency industry also requires a strong work ethic, dedication, and a willingness to continuously learn and adapt to new developments

    While the industry is still relatively new and rapidly evolving, it has the potential to offer exciting and rewarding career opportunities for those who are passionate about the technology and willing to put in the effort to succeed.

    What is crypto jobs?

    Crypto jobs refer to employment opportunities in the cryptocurrency industry

    This can include jobs related to the development of cryptocurrency technology, such as blockchain development, as well as jobs in crypto-related companies, such as exchanges or payment processing firms

    Some examples of crypto jobs include blockchain engineers, crypto traders, and compliance specialists

    These jobs often require specialized knowledge and expertise in the field of cryptocurrencies and blockchain technology.