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The role:
The Financial Intelligence Unit Senior Specialist - Crypto is responsible for conducting independent investigations and analysis of potentially suspicious activity related to retail banking and virtual currency assets, ensuring compliance with the Bank Secrecy Act, USA PATRIOT Act, and applicable AML regulations. This role involves in-depth research, documentation of findings, and, where appropriate, the filing of Suspicious Activity Reports within SoFi’s case management system.
What you’ll do:
- Conduct and review AML investigations with an emphasis on cryptocurrency and other virtual assets to evaluate whether alerts or cases are risk-relevant and warrant a SAR filing.
- Conduct in-depth on-chain investigations for alerts generated on cryptocurrency and other virtual assets to determine the wallet’s risk exposure, the customer’s source of funds, the destination of funds, and/or the attribution associated with certain on-chain movement, including but not limited to sanctions exposure.
- Ensure alert and case determinations are appropriate, fully supported, and clearly documented.
- Maintain a thorough comprehension of AML and Fraud typologies related to retail banking, brokerage, and and digital assets, including scams, stolen funds, ransomware, mixers, sanctions exposure, cross-chain activity, and DeFi-related risks.
- Provide use-case experience to enhance the detection and prevention of potentially suspicious activity, including account takeover, elder abuse, and familial-related matters.
- Assist management with ad-hoc projects, investigations, and the creation of training documentation, standards, and operating procedures as required.
What you’ll need:
- Bachelor’s Degree from a four-year college or university in a related field.
- 3-5 years of investigations-related experience within a financial institution or government agency.
- Minimum of 1-2 years in cryptocurrency-related AML transaction monitoring.
- Strong working knowledge of OFAC regulatory requirements and experience working with screening tools and relevant technologies.
- Ability to maintain up-to-date knowledge of BSA/AML laws and regulations relative to sanctions, money laundering, and terrorist financing, especially with regard to virtual assets, and the ability to apply this knowledge in assessing transactional activity and sanctions risk exposure to different products and services.
- Demonstrated written and verbal skills to communicate effectively with all levels of the organization and across different business lines.
Specific Skills in:
- Experience conducting fraud investigations and AML transaction monitoring, specifically with regard to cryptocurrency typologies (e.g., mixers, P2P exchanges, decentralized exchanges, fraud using Cryptoasset ATMs) and transaction tracing.
- Conducting transaction monitoring investigations using blockchain analytics tools.
- Excellent organizational, verbal, written, and interpersonal skills are required.
- Must multitask, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines.
- Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure.
- Excellent analytical skills are required.
- A demonstrated track record in identifying gaps, process improvements, and proactively proposing solutions, and as appropriate, executing team-wide communication and training.
Nice to have:
- CAMS/CFE certification preferred (or willingness to become certified within one year of start date).
- Chainalysis Digital Assets Program certifications (or similar)
