Crypto AML & Sanctions Advisor

About the role

In this role, you will provide specialized advisory support for SoFi's digital asset offerings, focusing on compliance with regulations and risk mitigation strategies. Your work will help the company navigate the complex landscape of financial crime associated with cryptocurrencies.

You will collaborate across various teams to develop and maintain effective AML and sanctions programs tailored to SoFi's crypto ecosystem. Success in this position will be measured by your ability to identify risks and ensure adherence to regulatory requirements in a rapidly changing environment.

The salary range is between $137,600 and $236,500 annually, with additional bonuses and benefits.

Skills that matter here

• AML: This role requires extensive knowledge of AML regulations and practices to ensure compliance.
• sanctions: You will advise on sanctions compliance related to digital asset transactions.
• financial crime compliance: The position focuses on mitigating financial crime risks associated with cryptocurrency.
• risk management: You will support the identification and management of risks in digital asset services.
• cryptocurrency: A strong understanding of the cryptocurrency landscape is essential for this role.
• transaction monitoring: Experience with transaction monitoring tools will be crucial for assessing compliance.

Who this role suits

• You have a strong background in AML and financial crime compliance, particularly within cryptocurrency.
• You thrive in fast-paced environments and can adapt to rapidly evolving regulations.
• You possess excellent communication skills and can effectively collaborate with diverse teams.
• You demonstrate strong leadership abilities and can manage stakeholder relationships effectively.

From the employer

Responsibilities

• Provide specialized financial crime compliance advisory support for SoFi’s digital asset and cryptocurrency products and services.
• Support the business in identifying and mitigating risks related to money laundering, terrorist financing, sanctions, and other illicit finance activity associated with digital assets.
• Ensure SoFi meets applicable regulatory requirements, expectations, and guidance.
• Support the development and maintenance of sound, risk-based AML and sanctions programs and controls across SoFi’s crypto ecosystem.

Requirements

• Bachelor’s Degree from a four-year college or university in a related field.
• 8+ years of experience in AML, sanctions, financial crime compliance, or related risk management.
• Meaningful experience supporting cryptocurrency, digital assets, fintech, or other technology-enabled financial services.
• Comprehensive understanding of cryptocurrency and blockchain products (including crypto trading, custody, deposits and withdrawals, wallets, stablecoins, staking, and other digital asset services).
• Strong knowledge of digital asset financial crime risks (including money laundering, terrorist financing, sanctions evasion, fraud, mixers, self-hosted wallets, decentralized finance, and other blockchain-based illicit finance typologies).
• Experience developing, implementing, or advising on crypto AML, sanctions, transaction monitoring, wallet screening, or KYT controls.
• Experience with blockchain analytics and transaction monitoring platforms (such as Chainalysis, TRM Labs, Elliptic, or comparable technologies).
• Excellent working knowledge of BSA/AML and OFAC requirements and regulatory expectations applicable to cryptocurrency and digital asset activities (including applicable Travel Rule requirements).
• Experience conducting financial crime risk assessments for new crypto products, digital assets, blockchain networks, vendors, or material product changes.
• Experience providing AML and sanctions guidance and advice to Compliance, Business, Product, Engineering, and Investigations teams.
• Demonstrated ability to communicate effectively with all levels of the organization and across different business lines.
• Strong leadership and stakeholder management skills that build effective cross-functional working relationships.
• Ability to work collaboratively and independently in a fast-paced, demanding, and rapidly evolving regulatory and technology environment.
• CAMS/CFE certification.

Conditions

• Salary: $137,600.00 - $236,500.00 Annually, plus bonus, long term incentives, and benefits.