• Location
    • Utrecht, NL
  • Date Posted
  • Jun. 21, 2021
  • Function
  • Business Intelligence
  • Sector
  • Fintech

BitPay, Inc., founded in 2011, is the world’s leading blockchain (cryptocurrency) payments company, serving industry-leading merchants on six continents by providing a seamless, secure cryptocurrency payments experience. BitPay builds powerful tools for accepting, storing, and spending cryptocurrency securely.

We are looking for a passionate, driven, and experienced compliance professional to join our growing compliance team in Utrecht, Netherlands.  As a Compliance Analyst, you will be responsible for day-to-day operational KYC/AML processes and leverage your knowledge to analyze emerging risks and potential compliance issues.  You will evaluate processes and controls to identify and assess risk, controls, efficiency, and compliance opportunities.

If you are an independent thinker, driven, organized, and thrive in an innovative and fast-paced environment, this could be the right opportunity for you!

Responsibilities

  • Act as subject matter expert on blockchain-based transaction monitoring and investigations, including using blockchain monitoring tools, to monitor, detect, prevent and report on possible money laundering, terrorism financing, corruption and other suspicious activity
  • Ensure there is a robust customer due diligence process in place with high quality of data integrity and monitoring of files; work directly with customers and/or account managers to understand the customer’s business, assess the customer’s AML risk, gather documentation from publicly available sources, producing timely CDD
  • Conduct customer enhanced due diligence and investigations, and create internal reports and recommendations as necessary
  • Develop and oversee internal procedures pertaining to merchant onboarding, monitoring, and suspicious activity reporting (SARs)
  • Lead day-to-day process of evaluating, creating, and filing SARs to appropriate regulatory agencies, e.g. FIU in The Netherlands
  • Prepare data-driven internal management reports
  • Occasional contact with De Nederlandsche Bank (DNB) and other financial regulators

Requirements

  • 2-6 years of experience in operational risk, compliance, KYC/AML, transaction monitoring with a cryptocurrency financial services company (strongly preferred) or other fintech company
  • Enthusiastic about cryptocurrency and disruptive technology; knowledge of blockchain technology and regulatory environment relevant to cryptocurrency
  • Familiarity with blockchain monitoring tool Chainalysis or similar tools (e.g., Elliptic, Ciphertrace) and automated transaction monitoring tools used by fintechs (e.g., Unit 21, ComplyAdvantage)
  • Self-starter mentality with the ability to perform well under pressure, eager to learn and develop new skills, comfortable working with technical tools
  • Team player with a good sense of humor
  • Excellent skills with Google Sheets or Excel; ability to digest and analyze data and create visual reports on short notice
  • Solid research, communications, analytical, organizational, and interpersonal skills
  • Relevant AML certification preferable, e.g. ACAMS, the Dutch Compliance Institute, or the NIBE-SVV
  • Fluent in English and preferably also in Dutch
  • Able to work remotely

What we offer

  • A competitive salary with an option to take your pay in Bitcoin and a pension plan
  • Exciting fast-growing company with a global presence -- awesome learning and growth opportunities
  • Solve complex problems and make an impact every day
  • A remote-first company with the option to work in the Utrecht office once it reopens