Compliance Associate

Formulated Automation; Bogotá; Remote; COP 210,923,000 - 275,822,000; Full time

Benefits offered by this job

10 business days off per year

US holidays

Competitive compensation in USD

Remote work aligned with EST hours

Job summary

Formulated Automation is seeking a Compliance Associate to align with EST working hours in a remote capacity. The role focuses on onboarding reviews, ongoing client monitoring, and vendor due diligence for a US-based digital assets client.

Responsibilities include managing the onboarding pipeline, conducting KYC/KYB checks, and preparing regular compliance reports for the CCO. Strong English skills and meticulous attention to detail are essential.

Qualifications

• 2+ years of experience in compliance or a related field.
• Experience in the crypto/digital asset industry.
• Familiarity with Chainalysis and KYC/KYB processes.
• Advanced level of English and strong attention to detail.

Responsibilities

• Review and approve onboarding applications for low- and medium-risk clients; escalate high-risk cases to the CCO.
• Oversee client maintenance, periodic reviews, and re-screenings to avoid backlog.
• Manage due diligence for vendors, banking partners, and counterparties.
• Prepare compliance status reports for the CCO with open items and risks.
• Conduct first-level fiat transaction monitoring and document suspicious patterns.
• Own end-to-end onboarding workflow coordinating with Business Development and Compliance.
• Review wallet whitelisting submissions and escalate high-risk wallets to the CCO.
• Check bank whitelisting and save outputs securely.
• Review KYT alerts and ongoing monitoring alerts as part of compliance.

Skills

Compliance experience

English proficient

Attention to detail

Multitasking

KYC/KYB knowledge

Education

Crypto/digital asset industry background

Tools

Chainalysis

Job description

Compliance Associate!

Reports to: Chief Compliance Officer (CCO)

Time Zone & Availability: Aligned with EST working hours, Monday–Friday

About The Company

Our US-based client is a global digital asset liquidity and trading technology provider that delivers institutional-grade solutions to participants across the digital asset ecosystem. The company combines proprietary technology with financial market expertise to provide services including algorithmic market making, electronic liquidity, OTC trading, stablecoin settlement, and execution infrastructure. With a global presence across North America, Europe, the Middle East, Bermuda, and South America, we work with trading firms, exchanges, institutional investors, hedge funds, family offices, and other sophisticated market participants, helping bridge the gap between traditional finance and the evolving world of digital assets.

Responsibilities

• Low & Medium-Risk Account Review: Review and approve onboarding applications and account decisions for low- and medium-risk clients, escalating high-risk determinations to the CCO.
• Client Maintenance Oversight: Monitor and manage the client maintenance pipeline to ensure periodic reviews, document refreshes, and re-screenings are completed on schedule and without backlog.
• Vendor & Counterparty Due Diligence: Manage the due diligence process for new and existing vendors, banking partners, and counterparties.
• Internal Compliance Reporting: Prepare regular compliance status reports for the CCO, covering open items, account backlogs, pending reviews, and emerging risk areas.
• Fiat Transaction Monitoring: Conduct first-level reviews of fiat transaction activity, identifying and documenting potentially suspicious patterns and escalating cases to the CCO as appropriate.
• New Client Onboarding Pipeline Management: Own the end-to-end client onboarding workflow, coordinating between the Business Development and Compliance teams to ensure the pipeline moves forward efficiently.
• Reactor Wallet Whitelisting: Perform the initial review of all wallet whitelisting submissions in Reactor. Escalate any high-risk wallets to the CCO for review and maintain the required documentation in ShareFile.
• Bank Whitelisting: Conduct required checks for bank whitelisting and save the relevant documentation and outputs in the appropriate ShareFile folder.
• KYT Alert Management: Review and manage Know Your Transaction (KYT) alerts as part of the compliance monitoring process.
• Ongoing Monitoring: Review and manage alerts related to ongoing client monitoring.

Key Requirements

• 2+ years of experience in compliance or a related field
• Previous experience in the crypto/digital asset industry
• Familiarity with Chainalysis
• Advanced level of English
• Strong attention to detail and ability to manage multiple compliance processes and reviews simultaneously
• Hands-on experience with KYC/KYB, AML, client due diligence, and ongoing monitoring.
• Experience reviewing transaction monitoring or KYT alerts and identifying and escalating potentially suspicious activity.
• Experience with compliance case management, documentation, and escalation processes.

Perks

• 10 business days of time off per year
• US holidays
• Competitive compensation in USD
• Remote work aligned with EST working hours.