Crypto Enhanced Due Diligence Lead – AML/KYC Expert

First Citizens Innovation Banking; Chicago (IL); Hybrid; USD 100,000 - 134,000; Full time

Job summary

First Citizens Innovation Bank is seeking a Cryptocurrency Enhanced Due Diligence Associate to lead EDD reviews for crypto clients, ensuring AML, KYC, and sanctions compliance. You will act as SME for high-risk crypto cases and collaborate with Compliance, Internal Audit, and risk teams.

The role requires staying current on crypto developments, educating peers, and improving processes while mentoring associates in the EDD program. Hybrid setup in Chicago is available.

Qualifications

• Bachelor’s Degree with a minimum of 4 year of EDD review experience in Fintech, Banking, KYC Compliance, Risk Management OR High School Diploma or GED with a minimum of 8 years of experience.
• ACAMS, CCAS, or CFE certifications are preferred.
• Strong understanding of blockchain technology and AML risk related to cryptocurrency and FinTech business models.
• Experience with regulatory frameworks including FinCEN, FFIEC, Bank Secrecy Act and US Patriot Act.

Responsibilities

• Enhanced Due Diligence Reviews: Perform thorough EDD reviews on new and existing clients engaged in the broader Crypto ecosystem, ensuring compliance with regulatory requirements and internal policies.
• Regulatory Compliance: Ensure compliance with regulatory requirements, industry standards and best practices related to EDD, KYC, BSA, Sanctions and AML in crypto context.
• Subject Matter Expert: Serve as SME on high-risk, complex crypto reviews and primary point of contact for Commercial Bank Relationship managers.
• Risk Analysis: Identify and manage risks, profile clients by risk factors, analyze transactions to flag red flags for potential financial crimes.
• Reporting & Training: Develop risk metrics, provide ongoing reporting, and train cross-functional teams on policies and best practices.

Skills

KYC Compliance

Crypto AML

Financial Crime Risk

Regulatory Understanding

Communication Skills

Analytical Skills

Project Management

Microsoft Office

Education

ACAMS

CCAS

CFE

Bachelor’s degree in Fintech/Banking/KYC/Risk Management

Tools

Microsoft Office

Job description

First Citizens Innovation Bank is seeking a Cryptocurrency Enhanced Due Diligence Associate to lead EDD reviews for crypto clients, ensuring AML, KYC, and sanctions compliance. You will act as SME for high-risk crypto cases and collaborate with Compliance, Internal Audit, and risk teams.

The role requires staying current on crypto developments, educating peers, and improving processes while mentoring associates in the EDD program. Hybrid setup in Chicago is available.