PolySign & Standard Custody is hiring a

Web3 Senior Analyst, BSA/AML Transaction Monitoring & Reporting

Senior Analyst, BSA/AML Transaction Monitoring & Reporting

Standard Custody & Trust Company (“Standard Custody”) is looking for a Senior Analyst, Transaction Monitoring & Reporting, reporting to the Senior Manager, BSA/AML/OFAC Program & Licensing. This role will be focused on carrying out Standard Custody’s BSA/AML and OFAC sanctions day-to-day transaction monitoring, investigations, and reporting activities. This position is out of Standard Custody’s New York Office.

Standard Custody is an institutional-grade custody and settlement platform for digital assets. Standard Custody was founded and designed by leading technologists and innovators from pioneering cryptocurrency and distributed ledger technology companies blended with traditional capital markets expertise and is a subsidiary of PolySign, Inc. Standard Custody’s platform offers novel blockchain technology that provides end-to-end encryption and distributed trust protocols for securing secret keys. Standard’s integrated escrow trading platform enables investors to buy and sell digital assets directly from custody, eliminating the risk of external transfers and inefficient transactions between different providers. Standard Custody embodies high standards for regulatory and compliance excellence, empowering financial institutions to leverage their digital asset positions with confidence in best-in-class security protocols.

What You’ll Do

• assist management with the development and implementation of Standard Custody’s Transaction Monitoring policies, procedures, and processes in compliance with the Bank Secrecy Act, and related regulations
• perform timely review and analysis of system generated alerts for transaction monitoring, and sanctions screening related to digital assets
• conduct ongoing monitoring and Enhanced Due Diligence (“EDD”) on customers deemed high-risk and escalate instances of inaccurate customer risk ranking to management if observed
• identify and document suspicious activity trends, present findings to the compliance team and senior management as appropriate
• conduct research utilizing internal and external database and document investigative findings
• detects and escalates potentially suspicious activity based on Standard Custody’s BSA/AML and OFAC compliance policies, procedures and monitoring systems.
• assist with timely drafting and filing of Suspicious Activity Reports (“SARs”) and maintain case files with all required documentation for BSA retention
• maintain appropriate documentation to evidence the compliance of Standard Custody’s monitoring program in accordance with regulatory guidelines
• assist in the development and implementation of Standard Custody’s Transaction Monitoring policy, procedures, and processes in compliance with the Bank Secrecy Act, and related regulations
• assist in the development, coordination, and facilitation of training programs to educate bank personnel about BSA-related compliance requirements and procedures
• remain current on BSA/AML regulations and requirements including examination criteria and Standard Custody’s policies and procedures
• other duties as required or assigned

Who You Are

• have a deep sense of ownership with a strong commitment to deliver exceptional work
• natural collaborator who seeks input and provides opinions with humility and empathy
• excellent influencing skills
• thrive in a startup environment...versatile and independent
• bring clarity to complex problems and deliver elegant solutions
• write exceptional documentation...impeccable attention to detail
• prioritize learning and development
• driven to build world-class compliance products in the digital assets space

Essential Qualifications

• 4-6 years professional experience in an anti-money laundering or anti-financial crime group
• CAMS certification
• 4-year undergraduate degree
• Strong knowledge of AML, OFAC, and PATRIOT Act requirements and regulations
• Strong knowledge of digital assets and previous experience with blockchain analytical tools preferred
• Excellent time management skills and ability to execute tasks within tight deadlines
• Strong analytical/problem solving skills, the ability and willingness to get into details; must be solution oriented

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