AML/Fraud Investigator

  • Okcoin
  • Remote (Austin, TX, USA)
  • Jun 21, 2021
Full time Compliance

Job Description

Who We Are 

Okcoin is one of the world’s largest and fastest growing cryptocurrency exchanges. We help millions of people buy and sell bitcoin, and over 20 other crypto assets every day — but our work is a whole lot more than that. We’re building an inclusive future of finance, one that opens new opportunities to learn financial literacy, store value, and build wealth for everyone.

Ready to help the next billion people experience the future of finance with us? Come on board. We have offices in San Francisco, Malta, Hong Kong, Singapore, Japan, and Korea, but we believe in you working wherever you work best. 

About the Team

The Risk & Compliance function at OKCoin is responsible for the overall compliance culture at the company. We’re a team of risk-minded problem solvers who advise the business on the company’s regulatory obligations and enterprise risk. We’re also deeply committed to moving the needle on risk and compliance standards for the crypto industry, building products in a compliant way, and protecting the company from financial, regulatory and reputational risks. Our team consists of seasoned risk and compliance professionals who are based across our global offices. Ideally, this role is remote-based in Austin, Texas.

About the Opportunity

This is a highly-impactful role at one of the fastest-growing global cryptocurrency exchanges headquartered in San Francisco, CA. The AML/Fraud Investigator is responsible for investigating cases identified through our monitoring systems for potential money laundering, terrorist financing, Bank Secrecy Act violations and other fraud related issues such as wire, ACH or card fraud. The right candidate has prior experience working with a financial institution or FinTech company, with strong Compliance and Risk investigation experience. 

What You’ll Be Doing:

  • Complete comprehensive investigations using 3rd party and proprietary tools and be accountable for all information researched and contained in each case file; 
  • Review customer transactions to identify fraudulent activity such as account take over, chargebacks, friendly fraud, identity theft, money laundering, and similar fraud schemes;
  • Contact clients via phone and/or email to validate transaction activity and account information; 
  • Analyze cryptocurrency trading and behavioral patterns and report suspicious accounts to prevent and detect money laundering & fraud patterns; and
  • Apply knowledge of laws and regulatory guidance applicable to money laundering, including the Bank Secrecy Act (BSA), the USA PATRIOT Act, and in particular Suspicious Activity Report (SAR) requirements, to support strong AML Investigations processes.

What We Look For In You:

  • 2+ years of relevant AML and fraud investigation experience in the financial services / eCommerce / Fintech industry. Bachelor’s Degree;
  • Strong ability to analyze money laundering schemes and fraud patterns;
  • Extensive knowledge of AML/OFAC compliance regulations and requirements as well as financial products and services;
  • Ability to learn new technology tools quickly;
  • Ability to travel internationally up to 10% annually;
  • Customer service experience is a plus; and
  • Flexibility to run 24/7 shift rotation.

Nice to Haves:

  • Crypto/Blockchain investigation experience;
  • Training on blockchain analytic tools, such as Elliptic; 
  • Advanced Excel skills, and the ability to write and execute SQL/Python are desirable
  • Relevant AML/Fraud certifications e.g. Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), etc.;
  • Fluency in a second language (Mandarin, Spanish, Korean, etc.); and
  • Bachelor’s or Advanced Degree.