Compliance Lead, FalconX
Transaction Monitoring
$132-178k
Plus performance linked bonus and equity
Digital asset trading platform
Be an early applicant
Digital asset trading platform
201-500 employees
Be an early applicant
$132-178k
Plus performance linked bonus and equity
201-500 employees
Company mission
To build the connective tissue for open, permission-less, and truly global digital assets to be adopted by mainstream institutions at scale.
Role
Who you are
- Education: Bachelor’s degree in a relevant field (e.g., Criminal Justice, Finance, Economics) or equivalent experience
- Experience: 5 - 7 years of AML investigation experience at a broker-dealer, crypto firm, fintech, or financial institution, including SAR drafting and KYC reviews
- Technical Skills: Hands-on experience analyzing crypto transactions and using blockchain analytics tools (e.g., Chainalysis, TRM, Elliptic, CipherTrace, etc)
- Regulatory Knowledge: Strong understanding of BSA/AML regulations, with a focus on virtual currencies and digital asset platforms
- Analytical Skills: Proven ability to work independently on complex cases, analyze large data sets, and make sound, defensible decisions
- Communication Skills: Exceptional writing and documentation skills, with strong attention to detail
- Platform Familiarity: Familiarity with TRM Labs, Solidus Labs, or other case management platforms
- Adaptability: Comfortable in a fast-paced, evolving environment that values initiative and innovation
- Passion: Passion for staying ahead of financial crime threats in the crypto and fintech space
What the job involves
- The Compliance Lead at FalconX will be responsible for conducting complex investigations into potentially suspicious activities involving cryptocurrency products, traditional brokerage accounts, and cash movements
- This role involves utilizing advanced blockchain analysis tools, ensuring adherence to AML regulations, and collaborating with various stakeholders to mitigate risks related to financial crimes
- Investigation Management: Conduct complex investigations into potentially suspicious activity involving cryptocurrency products, traditional brokerage accounts, and cash movement, resulting from internal monitoring systems, alerts, referrals, and external inquiries
- Blockchain Analysis: Conduct advanced blockchain analysis using blockchain analytics tools to trace crypto flows and surface red flags
- Defi Risk Management: In-depth understanding of Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and sanctions risks specific to decentralized finance (DeFi) markets, with proven ability to develop and implement effective controls and strategies to mitigate these risks
- Customer Activity Analysis: Analyze customer activity across FalconX entities, including broker-dealers and Money Services Businesses
- SAR Drafting: Draft high-quality Suspicious Activity Reports (SARs) that meet regulatory standards and internal quality expectations, summarizing complex activity clearly and concisely
- Risk Assessment and Mitigation: Strong skills in conducting risk assessments related to transaction activities, including evaluating the impact of new products or services on existing monitoring frameworks and developing strategies to mitigate identified risks
- Cross-Functional Collaboration: Proven ability to work collaboratively with legal, risk management, IT, and other departments to enhance compliance strategies and implement effective controls
- Regulatory Reporting: Experience in preparing and submitting regulatory reports related to transaction monitoring and compliance, ensuring timely and accurate communication with regulatory bodies
- Technology Integration: Familiarity with integrating new technologies and tools into existing monitoring systems to improve efficiency and effectiveness in detecting suspicious activities
- Data Privacy and Security: Understanding of data privacy regulations and best practices for handling sensitive financial information, ensuring compliance with relevant laws and protecting customer data
- Lifecycle Ownership: Own the investigation process after initial detection and review by analysts, through decisioning and documentation
- Case Support: Provide support in handling escalated or high-risk cases by gathering data and offering investigative insights
- Peer Support & Mentoring: Provide peer support and mentoring to newer team members and contribute to onboarding and training efforts
- Continuous Improvement: Contribute to continuous improvement by helping to enhance investigative processes, quality standards, and tooling
- Stay Informed: Stay current on emerging crypto-related financial crime trends, typologies, and regulatory updates (e.g., FinCEN guidance, NYDFS crypto guidance)
Our take
FalconX is driving the decentralized financial future with its digital asset trading platform, catering specifically to institutional users. Offering a suite of tools, from trade execution to market making and credit management, FalconX simplifies crypto strategy management through a unified interface.
Renowned institutions like Accel and Tiger Global have adopted FlaconX, recognizing it as a leader in the space. Notably, the company earned the prestigious FinTech Breakthrough's 2023 DeFi Innovation Award for its FalconX 60 platform, a testament to its pioneering role in digital investment and risk management.
As institutional demand for crypto assets surges in the Asia-Pacific region, FalconX is expanding its footprint into Hong Kong. The company's decision to offer over-the-counter brokerage and crypto derivatives services aligns with the region's growing interest in virtual assert innovation and regulatory advancements. With a commitment to innovation and a proactive approach to expansion, FalonX is well-positioned to further solidify its position as a leading player in the digital asset trading space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2022
$150m
SERIES D
Aug 2021
$210m
SERIES C
Total funding: $427m
Company HQ
East San Mateo, San Mateo, CA
Leadership
Raghu Yarlagadda
(Co-Founder & CEO)Co-founder and CTO at Sarada Educational Institutions. Former Advisory Board Member at JoyUp, and Product Lead at eightfold.ai.
Prabhakar Reddy
(Co-Founder)Previously an Investor with Accel Partners, Partner at Singularity Ventures, and CEO at Dramatize. Also co-founded and was CEO of nFusion.
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