Senior Compliance Associate, Paxos
$113.9-134k
Offers Equity and bonus. 10% Annual Salary
Blockchain infrastructure for financial services
Be an early applicant
Blockchain infrastructure for financial services
201-500 employees
Be an early applicant
$113.9-134k
Offers Equity and bonus. 10% Annual Salary
201-500 employees
Company mission
To enable the movement of any asset, at any time, in a trustworthy way.
Role
Who you are
- 4+ years of experience in compliance, investigations or financial crimes with demonstrated expertise in blockchain analysis and digital asset monitoring
- Strong background in conducting complex investigations involving cryptocurrency transactions, sanctions screening and anti-money laundering procedures
- Experience with information sharing protocols and working with law enforcement agencies or regulatory bodies
- Proficiency in blockchain analytics tools and methodologies for tracking digital asset transactions across multiple networks
- Proven track record of producing high-quality investigative reports and documentation that meet regulatory and legal standards
- Demonstrated experience using AI tools to improve how you work
- Bachelor's degree in finance, criminal justice, law or related field, or equivalent professional experience
- Strong analytical and problem-solving skills with ability to work independently in a fast-paced, regulated environment
What the job involves
- Our Compliance team serves as the backbone of trust and integrity at Paxos, ensuring we operate within the highest regulatory standards while enabling financial innovation. T
- The team tackles complex challenges including stablecoin monitoring, blockchain investigations, law enforcement coordination and regulatory reporting across multiple jurisdictions
- Working at the intersection of traditional finance and cutting-edge blockchain technology, the team directly supports Paxos' mission by maintaining the regulatory framework that allows us to serve millions of users and enterprise clients with confidence and transparency
- As a Compliance Sr Associate, you'll play a critical role in safeguarding the integrity of Paxos' digital asset ecosystem through sophisticated monitoring and investigation activities
- You'll be responsible for overseeing "in the wild" monitoring of Paxos-issued stablecoins, conducting complex blockchain investigations and managing information sharing with law enforcement and regulatory bodies
- This role offers the opportunity to work with cutting-edge blockchain analytics technology while developing deep expertise in digital asset compliance, positioning you at the forefront of the evolving regulatory landscape for cryptocurrency and stablecoins
- Monitor and investigate suspicious activities across Paxos-issued stablecoins using advanced blockchain analytics tools and methodologies
- Conduct quarterly forensic reviews of stablecoin transactions to identify potential illicit activity and ensure compliance with anti-money laundering requirements
- Manage internal referral processes and collaborate with cross-functional teams to escalate and resolve complex compliance cases
- Develop and maintain information sharing workflows with law enforcement agencies, regulatory bodies and industry partners
- Produce detailed investigative reports and documentation that meet regulatory standards and support business decision-making
- Collaborate with global compliance teams to ensure consistent application of monitoring standards and best practices across jurisdictions
Our take
Paxos develops regulation-compliant infrastructure services for companies looking to add features like crypto brokerages or branded stablecoins to their customer offerings. Its focus on regulatory compliance, and its status as one of only three national trusts born in the crypto ecosystem, gives it an edge in building a unique and global network of enterprise customers.
Cryptocurrency remains a risky sector, so a company at the forefront of crypto regulation is proving highly attractive to a growing sector of enterprises tentatively dipping their toes in. It is pushing ahead of competitors as one of the largest crypto/blockchain startups with substantial funding and an impressive valuation.
Its growth has been backed up by material results, too. It has established relationships with firms like Bank of America, Credit Suisse and Mastercard. PayPal also leverages Paxos on its backend to enable its users to buy, sell and hold crypto. This proven success with an expanding roster of big-name clients is very impressive, as is the company's success in receiving approval to convert to an OCC National Trust Bank.
Steph
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$300m
SERIES D
Dec 2020
$142m
SERIES C
Total funding: $535.3m
Company HQ
Midtown East, New York, NY
Leadership
Charles Cascarilla
(CEO & Co-founder)Previous Co-founder and Partner at Cedar Hill Capital Partners for 10 years. Current Partner at Liberty City Ventures and Founding Board Member of the Association for Digital Asset Markets, alongside working at Paxos.
Rich Teo
(CEO Asia & Co-founder)Previous Financial Analyst at Citi for 2 years before becoming a Principal / Senior Analyst at Cedar Hill Capital Partners. Has served as CEO of Asia at Paxos for 7 years.
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