Analyst, AML Digital Asset Transaction Monitoring

Cross River Bank; Hackensack (NJ); Hybrid; USD 85,000 - 100,000; Full time

Job summary

Cross River Bank is seeking an AML / CFT Digital Asset Analyst to ensure compliance with regulations in the realm of digital assets and cryptocurrency. The role requires conducting transaction reviews, managing investigations, and collaborating with teams to align with regulatory standards. Ideal candidates will possess strong analytical skills, a solid understanding of AML laws, and relevant experience, particularly in high-risk sectors. Join a leading financial technology company recognized for its innovative approach and dedication to compliance.

Benefits

Flexible working hours

Health insurance

Professional development opportunities

Qualifications

• 5+ years in banking or financial compliance with a focus on AML regulations.
• In-depth understanding of AML-related laws including the Bank Secrecy Act.
• Experience with cryptocurrency exchanges and DeFi platforms is highly desirable.

Responsibilities

• Conduct detailed reviews of digital asset transactions for compliance.
• File Suspicious Activity Reports with FinCEN when necessary.
• Collaborate with cross-functional teams on AML compliance.

Skills

Analytical skills

Organizational abilities

Attention to detail

Communication skills

Knowledge of AML laws

Proficiency in Microsoft Office

Experience with cryptocurrency

Education

High School Diploma or equivalent

Bachelor's degree in criminal justice, finance, or business

Tools

AML compliance software

Job description

Who We AreCross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world's most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker's list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple - our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.What We're Looking ForAs part of the Compliance department, the AML / CFT Digital Asset Analyst is tasked with ensuring the bank's compliance with anti-money laundering (AML) and counter-terrorist financing (CFT) regulations, particularly within the high-risk arena of digital assets and cryptocurrency. This role involves the comprehensive review and analysis of customer transactions to identify potential suspicious activities, ensuring that the bank's policies and procedures align with regulatory requirements to mitigate risks associated with digital assets.Responsibilities : Conduct detailed reviews of transactions involving digital assets to ensure compliance with AML / CFT

and escalate unusual or suspicious activities across various digital asset products and customer types.Manage a portfolio of investigations, ensuring adherence to deadlines and compliance standards.Review customer documentation and KYC information to assess risks related to digital asset transactions.File Suspicious Activity Reports (SARs) with FinCEN when necessary, ensuring all required documentation is complete and

findings clearly to relevant stakeholders to facilitate appropriate action and

updated on regulatory changes, industry best practices, and emerging risks in the digital asset and cryptocurrency space.Complete required training and proactively seek additional learning opportunities related to AML / CFT and digital assets.Collaborate with cross-functional teams on AML / CFT compliance

to all Federal and State laws and regulations, including the Bank Secrecy Act.Qualifications : Education : High School Diploma or equivalent; Bachelor's degree in criminal justice, finance, business, or a related field preferred.Skills : Strong analytical and organizational abilities with attention to detail and the capacity to resolve complex compliance issues. Excellent written and verbal communication skills, with the ability to provide constructive feedback and clear documentation. In-depth understanding of AML-related laws and regulations, including the Bank Secrecy Act, PATRIOT Act, OFAC rules, and familiarity with the FFIEC Exam Manual. Knowledge of digital asset technologies and their associated money laundering and terrorist financing risks. Proficiency in Microsoft Office (Word, Excel, PowerPoint, Outlook) and experience with AML compliance software. Experience with cryptocurrency exchanges, wallets, and DeFi platforms is highly desirable. Familiarity with advanced transaction monitoring tools and the ability to analyze transactions. Ability to work independently and collaboratively in a fast-paced, dynamic environment while maintaining high-quality standards.Experience : 5+ years in banking or financial compliance, or a role related to criminal justice, fraud, or investigations, with a strong focus on AML regulations, especially if experience is related to the Digital Asset or other High-Risk industries.#LI-JJ1 #LI-Hybrid #LI-OnsiteSalary Range : $85,000.00 - $100,000.00Cross River is an Equal Opportunity Employer. Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.

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Transaction Analyst • Hackensack, NJ, United States