Compliance Associate, Galaxy
$100-130k
+ Bonus + Equity
Investment management firm
Job no longer available
Investment management firm
1001+ employees
Job no longer available
$100-130k
+ Bonus + Equity
1001+ employees
Company mission
To engineer a new economic paradigm.
Role
Who you are
- At least 3 – 5 years’ of work experience in compliance conducting end-to-end KYC onboarding reviews
- At least 1 years’ of work experience in cryptocurrency
- Preference for working in a fast paced and ever-changing environment
- Bachelor’s Degree
Desirable
- CAMS certification
- Strong knowledge of BSA/AML, CDD, EDD, and Transaction Monitoring requirements
- Experience conducting and dispositioning transaction monitoring alerts and cases
- Ability to manage multiple projects and functions
- Experience, knowledge and interest in cryptocurrency
What the job involves
- The Compliance Associate will be responsible for maintaining the Firm’s compliance policies and procedures that are part of our robust BSA/AML compliance program across all business lines including but not limited to Trading, Lending, and Asset Management, focusing on KYC (Know Your Customer) and AML (Anti-Money Laundering) activities
- This will include evaluation of client identification, risk profiles and other assessments
- This role will interact with Senior Management, Legal, Technology, as well as clients, investors, and among other groups
- OFAC, Sanctions, PEPS or adverse media: Conduct and review OFAC screens and research OFAC false positives and escalate potential OFAC issues for review; file OFAC reports if required
- Conduct Customer Due Diligence, review Customer Risk Ranking, conduct Enhanced Due Diligence, escalate potential AML risks with recommendations for mitigation
- Investigating, analyzing and identifying AML alerts which may lead to filing suspicious activity reports as required by law
- Implement respective BSA/AML and OFAC procedures and recommend procedure improvements based on regulations and industry practices that correspond to the Company's business model
- Ensure appropriate adherence to CDD, EDD and Transaction Monitoring processes while providing a positive experience for clients
- Identify compliance and risk issues
- Assist institutional clients and investors during the onboarding process, which will include questions regarding onboarding to Galaxy and also onboarding Galaxy to their platform
- Provide an exceptional “client-first” experience both through email and over scheduled phone calls with business personnel to properly ensure the correct guidance and information is given to clients and investors
Our take
Galaxy Digital Holdings was founded to bring institutions into the blockchain revolution, envisioning a society where values and ownership flow as freely as information. Galaxy has captured the massive growth in the space over the past few years, offering its clients a range of financial solutions spanning the digital assets ecosystem, operating five synergistic business lines: Trading, Asset Management, Principal Investments, Investment Banking, and Mining.
The company exists within a highly volatile industry but has emerged stronger following the recent crypto reset. While reports claim the company is planning to cut one-fifth of its workforce, Galaxy itself has stated that it is currently focused on considering optimal team structure and strategy.
In 2024, Galaxy announced that it had entered into an agreement with Canaccord Genuity Corp. for a bought deal offering, raising gross proceeds of approximately US$100 million. This move is aimed at bolstering the company’s financial position, with proceeds intended for working capital and general corporate purposes.
Freddie
Company Specialist at Welcome to the Jungle
Insights
16% employee growth in 12 months
Company
Funding (1 round)
Feb 2018
$18m
SERIES B
Total funding: $18m
Company benefits
- Equity Exposure for All Employees - Through broad and meaningful equity participation, we desire to have our employees work collaboratively and act as long-term shareholders
- 401(k) Contributions- Galaxy offers a 401(k) retirement savings plan with a 3% employer contribution and access to both Traditional and Roth options (US-only)
- Flexible Time Off and Parental Leave - You decide how many paid vacation and personal days off you want. Paid Parental Leave is available to give new parents the opportunity to care for and bond with their new child
- Full Paid Health Benefits - Company-paid health insurance for employees, partners, and other dependents, effective as of your start date
- Perks at Work - Galaxy provides various crypto education opportunities, a free Peloton membership with insurance, after-hours car service reimbursements, and more
- Employee Assistance Program - Confidential, 24/7 access to mental healthcare with a licensed therapist or psychiatrist. Benefits include 8 free video sessions per person, per year, for employees and any of their dependents age 18+
Company HQ
SoHo, New York, NY
Leadership
Mike Novogratz
(Investor)Previously acted as CIO for Fortress Investment Group and as a Partner of Goldman Sachs.
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