Senior AML Specialist, Transaction Monitoring

Bybit; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Bybit in Kuala Lumpur seeks a skilled Virtual Asset Industry Transaction Monitoring Specialist to analyze cryptocurrency transactions for AML and regulatory compliance. You will use blockchain analytics tools to detect suspicious activity and report findings to internal teams.

You will stay abreast of evolving AML standards and collaborate with risk, compliance, and operations to strengthen monitoring processes and systems.

Qualifications

• Bachelor's degree in business, finance, law, or a related field.
• Advanced degree or professional certification (e.g., CAMS, CFE, CRCM) preferred.
• Experience with virtual currency exchanges, payment platforms, or fintech companies is a plus.
• Proficiency in using blockchain analysis tools and transaction monitoring systems.

Responsibilities

• Conduct transaction reviews to identify suspicious activity.
• Collaborate with teams to investigate flagged transactions and gather information.
• Maintain detailed records to ensure regulatory compliance.
• Stay updated on AML/regulatory developments in the crypto space.
• Communicate findings clearly and provide actionable recommendations.
• Support process improvements for transaction monitoring systems.

Skills

AML expertise

Transaction monitoring

Blockchain analysis

Risk management

Data analysis

Communication

Education

Bachelor's degree in business/finance/law

CAMS/CFE/CRCM (preferred)

Tools

Chainalysis

Elliptic

TRM Labs

CipherTrace

Job description

We are seeking a skilled and experienced Virtual Asset Industry Transaction Monitoring Specialist to join our team. This role is pivotal in conducting comprehensive analysis of virtual currency transactions to detect and mitigate risks related to money laundering and terrorist financing. The ideal candidate will have relevant experience in transaction analysis, risk management, anti-money laundering (AML), compliance, or the virtual currency industry, with proficiency in blockchain analysis tools and transaction monitoring systems.

Key Responsibilities:

• Utilize blockchain analysis tools and transaction monitoring systems such as Chainalysis, Elliptic, TRM Labs, etc., to analyze and monitor virtual currency transactions;
• Conduct thorough reviews of transactional data to identify suspicious activities, patterns, and anomalies indicative of money laundering or terrorist financing;
• Collaborate with internal teams to investigate flagged transactions, gather additional information, and make informed decisions on potential risks;
• Stay updated on emerging trends, regulatory requirements, and industry best practices related to transaction monitoring in the virtual currency sector;
• Document findings and maintain detailed records of transaction monitoring activities, ensuring compliance with audit and regulatory standards;
• Communicate effectively, providing clear and concise reports and recommendations based on transaction monitoring outcomes;
• Support continuous improvement initiatives related to transaction monitoring processes and systems.

Qualifications:

• Bachelor's degree in business, finance, law, or a related field. Advanced degree or professional certification (e.g., CAMS, CFE, CRCM) preferred;
• At least 3 years of relevant work experience in AML, compliance, CDD, risk management, or the virtual currency industry;
• Experience with virtual currency exchanges, payment platforms, or fintech companies is a plus;
• Proficiency in using blockchain analysis tools and transaction monitoring systems such as Chainalysis, Elliptic, CipherTrace, etc;
• Strong understanding of virtual currency transactions, blockchain technology, and associated risks;
• Ability to identify and assess potential money laundering and terrorist financing risks in virtual currency transactions;
• Analytical mindset with the ability to interpret complex data and draw actionable conclusions;
• Excellent communication skills to convey findings and recommendations effectively.