BSA/AML Compliance Officer, Figure Markets
$154-192k
+ Company quarterly performance based bonus + Equity stock options package
More information about location
Decentralized trading platform
Open for applications
Decentralized trading platform
21-100 employees
Open for applications
$154-192k
+ Company quarterly performance based bonus + Equity stock options package
More information about location
21-100 employees
Company mission
To democratize finance through blockchain.
Role
Who you are
- 10+ years of BSA/AML experience at a payments provider and/or exchange
- Certified Anti-money Laundering Specialist (CAMS)
- Expert knowledge and experience in ensuring compliance with AML regulations at the federal, international and state levels including FATF compliance
- Bachelor’s degree or equivalent experience
- Experience building and supervising a team of BSA/AML analysts and investigators
- Experience with transaction monitoring and investigation activities
- Experience with blockchain regulations surrounding virtual currency, virtual currency exchanges and digital assets
- Experience with the development of AML Compliance Risk Management standards and policies
- Experience with financial services products including lending products, investment company interests, and digital asset securities
- Experience having direct discussions with auditors and regulators during examinations including inspections and licensing presentations
- Ability to multi-task and thrive in a fast-paced startup environment
What the job involves
- We’re looking for an experienced, senior BSA/AML professional to serve as the BSA/AML Compliance Officer for Figure Markets’s US and potentially foreign jurisdictions which includes oversight over several entities, such as a registered MSB, a licensed broker dealer and an investment advisor
- As the BSA/AML Compliance Officer you’ll be responsible for building and maintaining Figure Markets’ US BSA/AML Program to ensure the company complies with BSA, AML, and OFAC regulatory requirements
- Build and maintain BSA/AML Programs to ensure the company complies with all applicable regulatory requirements
- Build, lead and manage a team of qualified individuals that will help ensure all BSA/AML requirements are met, including but not limited to OFAC screening, CDD/beneficial ownership, transaction monitoring, and filing SARs.Advise and train product and operations teams to ensure we build products and processes that comply with BSA/AML/OFAC requirements
- Draft and maintain policies and procedures; build a BSA/AML training program, conduct annual risk assessments, and coordinate annual independent reviews of the program
- Partner with and work seamlessly across several departments to ensure all stakeholders are aware of our obligations as a registered broker-dealer and financial institution under the BSA, including the legal and compliance teams
Our take
To help advance the future of cryptocurrency, Figure Markets supplies a decentralized platform to trade, borrow and invest from one place. Powered by blockchain, its marketplace was built to set a new standard in digital asset trading.
Committed to building the “exchange for everything", the company is aiming to bring public equity, fixed-income securities and alternative investments onto its marketplace. It will also support cross-collateralization across all assets - a feature that is sure to make it stand out.
As cryptocurrency becomes more widely embraced, platforms like Figure Markets' have a real opportunity for growth. As a young company, founded in 2024, we've yet to see what Figure Markets can do, but it should be one to watch for anyone interested in digital assets.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (1 round)
Mar 2024
$60m
SERIES A
Total funding: $60m
Company benefits
- Figure Markets pays 100% of premium costs for employees and dependents for medical, dental, and vision insurance (with the exception of costs associated with the buy-up medical plan)
- Figure Markets will reimburse eligible employees for approved continuing education that either offers growth in an area related to their current position or that may lead to promotional opportunities
- We offer ten company-wide holidays plus one personal holiday, generous Flexible Time Away (FTA), Paid Time Off (PTO), and Paid Parental Leave
- Figure Market's Bonus Plan recognizes and rewards eligible employees' efforts and contributions. Eligible employees are also granted an option to purchase a set number of shares of Figure Market's common stock
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Mike Cagney
(CEO)Executive Board Chair at Figure. Former Co-Founder, CEO and Board Chair of SoFi. Was also Board Chair at ReFlow Services, and co-founded Cabezon Investment Group and Finaplex.
June O.
(President)Co-Founder and President of Figure. Was VP of Product Management and Engineering at SoFi, and CEO and Founder of CCO Solutions.
Salary benchmarks
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