Senior Aml Compliance Officer

CoinFlip is a leading fintech company powered by cryptocurrency. The company operates the world's largest network of cryptocurrency ATMs by transaction volume with over 4,500 kiosks across 49 US states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, and Brazil supporting the buying and selling of major cryptocurrencies with cash. In 2020, CoinFlip launched Order Desk, an over-the-counter service that provides investors with a personal account manager and competitive coin pricing. In 2023, CoinFlip launched a digital app and created an additional way to easily buy, sell, send, swap, and receive crypto.
CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's and was awarded the 2021 and 2022 Stevie ® Awards for Customer Service. For more information about CoinFlip, please visit www.CoinFlip.tech.
The Senior AML Compliance Officer is responsible for performing various assigned AML quality assurance reviews from activity that is generated by the CoinFlip's transaction monitoring system, case management system, and any related regulatory forms or submitted reports. The Senior AML Compliance Officer will identify, document, and report findings to the Head of AML to ensure compliance with the organization's established BSA/AML program. The Senior AML Compliance Officer will also be responsible for performing compliance assurance reviews for Customer Experience and Account Managers. The Senior AML Compliance Officer will provide training to applicable personnel based on QA results. Additionally, the Senior AML Compliance Officer will assist the Chief Compliance Officer and Head of AML on other designated AML projects and tasks as needed.
Responsibilities:

• Understand and ensure compliance with the execution of BSA/AML/OFAC policy and procedures.
• Perform QA reviews of alert/case processes for BSA Surveillance and BSA Due Diligence to evaluate the work product for quality, accuracy, and sound decision making.
• Perform QA reviews of OFAC monitoring processes and CTR filings.
• Provide feedback and communicate effectively with AML team leads and analysts on the results of QA reviews.
• Prepare QA reports and the execution of special projects or reviews, as required.
• Report and escalate all concerns or findings on the results of QA testing clearly and objectively to the Chief Compliance Officer and Head of AML.
• Provide recommendations to Chief Compliance Officer and Head of AML to enhance BSA/AML/OFAC policy and procedures based on QA review assessments to improve quality and consistency.
• Perform QA reviews of Customer Experience and Account Managers compliance escalation and communication processes.
• Prepare QA reports for Customer Experience and Account Managers' reviews
• Provide feedback and communicate effectively with Senior Customer Experience and Account Managers on the results of QA reviews
• Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a satisfactory manner.
• Complete all job-related training in a timely manner and attend seminars or continuing education, as directed.
• Provide support in connection with BSA training requirements.
• Participate in team meetings.
• Perform any other assignments as directed by the Chief Compliance Officer or Head of AML
• Other duties as assigned

Qualifications:

• Bachelor's Degree or commensurate work experience
• Minimum 5 years AML experience, with emphasis on cryptocurrency
• Sound knowledge of regulations as applied to KYC, CIP, Anti-Money Laundering and the Bank Secrecy Act requirements with emphasis on transaction monitoring
• Strong understanding of financial crimes and common money laundering typologies
• Good analytical and organizational skills and attention to detail
• Ability to meet deadlines and to be flexible to adapt to changing conditions
• Ability to work effectively as part of a team and independently, as necessary
• Sound knowledge of the AML policies and procedures

Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical "startup" - we offer competitive salaries, performance-based incentives, and competitive benefits for full-time employees.
CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply, but only those selected for an interview will be contacted.
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