Compliance Analyst

OpenFX; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary and benefits package

Opportunity to work in a dynamic environment

Equity in a rapidly growing company

Career growth

Job summary

A dynamic fintech company in Bengaluru seeks a Compliance Analyst to ensure regulatory compliance and mitigate risks. Responsibilities include drafting compliance policies, conducting audits, and training employees. Candidates should have 3+ years in regulatory compliance, focusing on AML/KYC, and a strong understanding of crypto regulations. This role offers competitive compensation and a collaborative work culture within a fast-paced environment.

Qualifications

• 3+ years of relevant experience in regulatory compliance, with a strong focus on AML/KYC.
• Strong understanding of financial regulations and compliance frameworks.
• In-depth knowledge of crypto regulatory requirements in the US, Europe, and Dubai.
• Analytical and problem-solving skills, attention to detail.

Responsibilities

• Stay updated on applicable laws and regulations related to the fintech and crypto industry.
• Identify potential compliance risks and develop mitigation strategies.
• Conduct regular compliance audits and monitoring activities.
• Conduct regular audits and monitoring.
• Maintain accurate compliance records.
• Educate employees on compliance policies.
• Prepare reports for management/regulators.
• Investigate and resolve compliance issues.
• Collaborate on cross-functional compliance projects.

Skills

Regulatory compliance

Risk assessment

Policy development

Analytical skills

Attention to detail

Team collaboration

Training

Crypto compliance

Education

Bachelor's degree in finance, law, accounting, or related field

Tools

Blockchain analytics tools

KYC screening tools

Job description

RedEnvelope is on a mission to become the global backbone for cross-border FX transactions. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and they're scaling at a remarkable pace. We're backed by Accel, NFX, Accomplice and other top-tier investors.

We are seeking a talented and experienced Compliance Analyst to join our fast growing compliance team. You will work closely with our operations and business development teams to ensure regulatory compliance, mitigate risks, and maintain the integrity of our business practices across all operations.

Responsibilities

• Regulatory Compliance: Stay updated on applicable federal, state, and local laws and regulations related to the fintech and crypto industry. Monitor regulatory changes and assess their impact on the organization. Assist with regulatory reporting and filing requirements
• Risk Assessment: Identify potential compliance risks and develop mitigation strategies.
• Policy Development: Create and maintain compliance policies and procedures.
• Monitoring and Auditing: Conduct regular compliance audits and monitoring activities.
• Recordkeeping: Maintain accurate and complete compliance records.
• Training: Educate employees on compliance policies and procedures.
• Reporting: Prepare compliance reports for management and regulatory agencies.
• Issue Resolution: Investigate and resolve compliance issues in a timely manner.
• Project Support: Collaborate with cross-functional teams on compliance-related projects.

KYB and Transaction Monitoring: Conduct KYC document reviews and identify deficiencies, and monitor and analyze transactional data for suspicious activity.

• Compliance Program Management: Assist in the development, implementation, and maintenance of compliance programs. Conduct compliance testing and audits.

Qualifications

• Bachelor's degree in finance, law, accounting, or related field.
• 3+ years of relevant experience in regulatory compliance, with strong focus on AML/KYC
• Strong understanding of financial regulations and compliance frameworks.
• Excellent analytical and problem-solving skills.
• Attention to detail and accuracy.
• Strong organizational and time management skills.
• Ability to work independently and as part of a team.
• Experience in crypto is required
• In-depth knowledge of crypto regulatory requirements in the US, Europe, and Dubai
• Proven experience with crypto-specific AML/KYC procedures and blockchain analytics tools
• Experience in drafting Suspicious Transaction Reports (STRs) and articulating grounds for suspicion
• Experience working with third-party AML/ KYC service providers
• Experience in the fintech industry is a plus.
• Experience in startups is a plus

What We Offer

• Competitive salary and benefits package.
• Opportunity to work in a dynamic and fast-paced environment.
• Collaborative and supportive work culture.
• Equity in a rapidly growing company.

We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.