Crypto Enhanced Due Diligence Specialist

First Citizens Bank; Phoenix (AZ); Hybrid; USD 100,000 - 134,000; Full time

Job summary

First Citizens Bank is hiring a Cryptocurrency Enhanced Due Diligence Associate to join the EDD team. The role focuses on conducting comprehensive due diligence on crypto-related clients, ensuring adherence to regulatory standards, and serving as a subject matter expert for high-risk reviews.

You will mentor associates and collaborate with Compliance, Internal Audit, and other departments to implement action plans.

Qualifications

• Bachelor's Degree with 4 years EDD review experience in Fintech, Banking, KYC Compliance, Risk Management OR High School Diploma with a minimum of 8 years of experience.
• ACAMS, CCAS, or Certified Fraud Examiner preferred.
• Understanding of blockchain technology and crypto AML risk.
• Strong communication and analytical skills, ability to work independently and manage timelines.

Responsibilities

• Perform thorough EDD reviews on new and existing crypto-related clients ensuring regulatory compliance.
• Serve as SME on high-risk crypto reviews and act as primary point of contact for Commercial Bank Relationships.
• Lead risk assessments, profiling clients by risk factors, and identify red flags in transactions.
• Develop risk tolerance metrics and provide reporting to senior management; train and guide teams on policies and best practices.

Skills

EDD reviews

Regulatory compliance

Risk analysis

AML/KYC knowledge

Crypto AML

Education

Bachelor's Degree

High School Diploma

Tools

MS Office

Job description

First Citizens Bank is hiring a Cryptocurrency Enhanced Due Diligence Associate to join the EDD team. The role focuses on conducting comprehensive due diligence on crypto-related clients, ensuring adherence to regulatory standards, and serving as a subject matter expert for high-risk reviews.

You will mentor associates and collaborate with Compliance, Internal Audit, and other departments to implement action plans.