Role in brief
Binance, a major cryptocurrency exchange, is seeking a Compliance EDD/High Risk Client Analyst. This role focuses on conducting enhanced due diligence (EDD) reviews for high-risk customers, assessing their transaction activity, and managing related escalations. It is suitable for a professional with expertise in AML/CFT and global EDD standards who can work autonomously in a fast-paced environment.
About the role
This role involves conducting Enhanced Due Diligence (EDD) reviews for high-risk customers, which includes assessing their transaction activity and performing risk assessments on both new and existing clients. The analyst will also be responsible for understanding complex beneficial ownership structures and managing escalations related to high-risk customers. A key aspect of the position is staying informed about global EDD standards and contributing to the development of related policies and training materials.
The analyst will provide subject matter expertise in Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT), applying this knowledge to assess and mitigate risks. This includes understanding sanctions risks and global licensing requirements relevant to financial services and cryptocurrency. The role also involves leading projects aimed at enhancing EDD processes, indicating a need for initiative and project management skills.
Success in this position means effectively supporting the completion of EDD reviews, accurately assessing high-risk customer activity, and contributing to the overall compliance framework. The individual will draft essential documentation, including policies and training materials, and ensure the company remains current with evolving global EDD standards. This requires strong analytical, logical thinking, and problem-solving abilities.
The salary for this full-time remote position ranges from $68,000 to $112,000 USD.
Skills that matter here
- ACAMS, ACFCS or other industry leading certification: These certifications demonstrate a foundational understanding of compliance principles relevant to the role's focus on EDD and AML/CFT.
- Knowledge and experience with global CDD/EDD requirements: This knowledge is essential for conducting thorough due diligence reviews and ensuring compliance with international standards for customer identification and enhanced due diligence.
- Understanding of AML/CFT and sanctions risks: This understanding is critical for assessing high-risk customer transactions and mitigating financial crime risks in a global context.
- Knowledge of global licensing requirements related to financial services and crypto: This knowledge helps in understanding the regulatory landscape and ensuring compliance when dealing with high-risk clients in the cryptocurrency sector.
- Experience with complex beneficial ownership structures: This experience is necessary for accurately identifying the true owners of entities, which is a key part of enhanced due diligence for high-risk customers.
- Excellent communication, analytical, logical thinking, problem solving, and writing skills: These skills are vital for assessing risks, managing escalations, drafting policies, and effectively communicating findings within the compliance framework.
Who this role suits
- A person who thrives on staying current with evolving global compliance standards and regulatory requirements.
- Someone who is meticulous in their analytical approach, especially when assessing complex financial transactions and ownership structures.
- An individual who can work autonomously and take initiative in leading projects to enhance compliance processes.
- A professional who excels at drafting clear, concise documentation for policies and training materials.
From the employer
- Supporting completion of EDD reviews for high risk customers
- Assessing high-risk customer transaction activity
- Conducting risk assessments on new and existing customers
- Leading projects related to EDD enhancements
- Remaining current on global EDD standards
- Providing AML/CFT subject matter expertise
- Managing high risk customer escalations
- Drafting documentation including policies and training materials
- ACAMS, ACFCS or other industry leading certification would be an advantage
- Knowledge and experience with global CDD/EDD requirements
- Understanding of AML/CFT and sanctions risks
- Knowledge of global licensing requirements related to financial services and crypto
- Experience with complex beneficial ownership structures
- Excellent communication, analytical, logical thinking, problem solving, and writing skills
- Shape the future with the world’s leading blockchain ecosystem
- Collaborate with world-class talent
- Tackle unique, fast-paced projects with autonomy
- Thrive in a results-driven workplace
- Competitive salary and company benefits
- Work-from-home arrangement
Questions about this role
What is the remote work policy for this position?
This position is a work-from-home arrangement, indicating it is fully remote.
What kind of certifications are beneficial for this role?
Certifications such as ACAMS or ACFCS are considered an advantage for this position.
What are the core responsibilities of this role?
The core responsibilities include completing EDD reviews for high-risk customers, assessing transaction activity, conducting risk assessments, and managing related escalations.
Similar jobs
Deputy Compliance Officer - ADGM
MLRO - Pakistan
