BSA Officer – Blockchain News, Opinion, TV and Jobs

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New York, NY, USA
Coinbase
Location: New York, NY/San Francisco, CA/Remote Coinbase has built the world’s leading compliant cryptocurrency platform serving over 30 million accounts in more than 100 countries. With multiple successful products, and our vocal advocacy for blockchain technology, we have played a major part in mainstream awareness and adoption of cryptocurrency. We are proud to offer an entire suite of products that are helping build the cryptoeconomy, and increase economic freedom around the world. There are a few things we look for across all hires we make at Coinbase, regardless of role or team. First, we assess whether a candidate demonstrates our values: Clear Communication, Positive Energy, Efficient Execution, and Continuous Learning. Second, we look for signals that a candidate will thrive in a culture like ours, where we default to trust, embrace feedback, disrupt ourselves, and expect sustained high performance because we play as a championship team. Finally, we seek people with the desire and capacity to build and share expertise in the frontier technologies of crypto and blockchain, in whatever way is most relevant to their role. Read more about our values and culture here. The BSA OFFICER will be responsible for overseeing Investigations KYC and is responsible for the implementation and administration of all aspects of the Bank Secrecy Act (“BSA”) compliance program, and reports directly to the Senior Director of Global AML Compliance. This position will manage a team of Financial Crime Compliance (“FCC”) investigators and KYC/Onboarding compliance specialists and develop and perform various quality controls reviews and monitoring activities pertaining to the Bank Secrecy Act, USA Patriot Act, OFAC and Sanctions Programs. In addition to AML and Sanctions, this role will be responsible for the Anti Bribery & Corruption (“ABC”) Program for Coinbase, Inc. This position will also require global coordination with international MLROs. This position will also advise Senior Management of emerging BSA/AML Compliance issues and consult and guide the Firm in the establishment of controls to mitigate BSA/AML risks. New York location preferred. What you’ll be doing (ie. job duties) Coordinate and oversee an effective BSA/Anti-Money Laundering/OFAC/ABC Compliance Programs that is in compliance with current industry best practices, regulatory guidance and requirements Maintain current knowledge of the BSA and all related anti-money laundering and OFAC regulations Develop, implement, administer and enhance the BSA/AML/OFAC/ABC/USA Patriot Act monitoring systems to ensure that appropriate parameters are in place to identify suspicious and/or fraudulent activity Oversee two growing teams that perform daily onboarding activities, reviews, monitoring, and study of various reports, alerts, transaction data to identify trends, unusual or suspicious activity and file SARs as necessary Establish, maintain and oversee appropriate record keeping for onboarding activities, SAR investigations, and reviews Act as a liaison/contact for examinations, internal audit and external audits of the BSA/AML compliance programs; oversee corrective action of all BSA related compliance deficiencies. Update and maintain BSA/AML/OFAC and all other compliance policies and procedures, as applicable Administer BSA/AML/OFAC related training programs for Board of Directors, management and employees Advise stakeholders of emerging risks, new or amended laws, regulations, or agency guidance; recommends and implements changes and controls to mitigate those risks. Ensure compliance with 314(a) and 314(b) (PATRIOT Act) responsibilities Prepare and submit all Currency Transaction Reports and Virtual Currency Transaction Reports Research and respond to information requests from FinCEN and other Law Enforcement Agencies Prepare metrics and/or reports, policies, e.g., BSA/AML Risk Assessments, for the Board of Directors on a periodic basis; ensure the Board is kept fully informed of the BSA program, including but not limited to trends in high risk customer on/offboarding, SARs, emerging BSA, ABC and Sanctions typologies Conduct the BSA/ AML, OFAC and ABC risk assessments on a periodic basis Become a subject matter pro in crypto investigations and crypto industry participants What we look for in you (ie. job requirements) 10-15 years in BSA/AML related work Previous experience as a BSA/AML Officer required 5+ years experience managing a team ACAMS Certification (a plus) Passion for virtual currency Thorough understanding of the Bank Secrecy Act Exceptional interpersonal, writing, communication and organizational skills with the ability to work autonomously as well as collaboratively within a team environment. Proven decision making, deductive and investigative abilities with attention to detail and accuracy. Ability to interact effectively with all levels of management, regulators and examiners Coinbase is committed to diversity in its workforce and is proud to be an equal opportunity employer and to review all of our job postings to minimize biased language. Coinbase does not make hiring or employment decisions on the basis of race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other basis protected by applicable local, state or federal law. Coinbase will also consider for employment qualified applicants with arrest and conviction records in a manner consistent with San Francisco’s Fair Chance Ordinance and similar local laws. Global Data Privacy Notice for Job Candidates and Applicants Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job applicants. Our full notice outlining how your data will be processed as part of the application procedure for application locations is available here: Ireland/EU , United Kingdom , and California . By submitting your application, you are agreeing to our use and processing of your data as required.New York, NY, USA
Coinbase
Location: New York, NY/San Francisco, CA/Remote
Coinbase has built the world’s leading compliant cryptocurrency platform serving over 30 million accounts in more than 100 countries. With multiple successful products, and our vocal advocacy for blockchain technology, we have played a major part in mainstream awareness and adoption of cryptocurrency. We are proud to offer an entire suite of products that are helping build the cryptoeconomy, and increase economic freedom around the world.

There are a few things we look for across all hires we make at Coinbase, regardless of role or team. First, we assess whether a candidate demonstrates our values: Clear Communication, Positive Energy, Efficient Execution, and Continuous Learning. Second, we look for signals that a candidate will thrive in a culture like ours, where we default to trust, embrace feedback, disrupt ourselves, and expect sustained high performance because we play as a championship team. Finally, we seek people with the desire and capacity to build and share expertise in the frontier technologies of crypto and blockchain, in whatever way is most relevant to their role.

Read more about our values and culture here.

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The BSA OFFICER will be responsible for overseeing Investigations KYC and is responsible for the implementation and administration of all aspects of the Bank Secrecy Act (“BSA”) compliance program, and reports directly to the Senior Director of Global AML Compliance. This position will manage a team of Financial Crime Compliance (“FCC”) investigators and KYC/Onboarding compliance specialists and develop and perform various quality controls reviews and monitoring activities pertaining to the Bank Secrecy Act, USA Patriot Act, OFAC and Sanctions Programs. In addition to AML and Sanctions, this role will be responsible for the Anti Bribery & Corruption (“ABC”) Program for Coinbase, Inc. This position will also require global coordination with international MLROs.

This position will also advise Senior Management of emerging BSA/AML Compliance issues and consult and guide the Firm in the establishment of controls to mitigate BSA/AML risks. New York location preferred.

What you’ll be doing (ie. job duties)

  • Coordinate and oversee an effective BSA/Anti-Money Laundering/OFAC/ABC Compliance Programs that is in compliance with current industry best practices, regulatory guidance and requirements
  • Maintain current knowledge of the BSA and all related anti-money laundering and OFAC regulations
  • Develop, implement, administer and enhance the BSA/AML/OFAC/ABC/USA Patriot Act monitoring systems to ensure that appropriate parameters are in place to identify suspicious and/or fraudulent activity
  • Oversee two growing teams that perform daily onboarding activities, reviews, monitoring, and study of various reports, alerts, transaction data to identify trends, unusual or suspicious activity and file SARs as necessary
  • Establish, maintain and oversee appropriate record keeping for onboarding activities, SAR investigations, and reviews
  • Act as a liaison/contact for examinations, internal audit and external audits of the BSA/AML compliance programs; oversee corrective action of all BSA related compliance deficiencies.
  • Update and maintain BSA/AML/OFAC and all other compliance policies and procedures, as applicable
  • Administer BSA/AML/OFAC related training programs for Board of Directors, management and employees
  • Advise stakeholders of emerging risks, new or amended laws, regulations, or agency guidance; recommends and implements changes and controls to mitigate those risks.
  • Ensure compliance with 314(a) and 314(b) (PATRIOT Act) responsibilities
  • Prepare and submit all Currency Transaction Reports and Virtual Currency Transaction Reports
  • Research and respond to information requests from FinCEN and other Law Enforcement Agencies
  • Prepare metrics and/or reports, policies, e.g., BSA/AML Risk Assessments, for the Board of Directors on a periodic basis; ensure the Board is kept fully informed of the BSA program, including but not limited to trends in high risk customer on/offboarding, SARs, emerging BSA, ABC and Sanctions typologies
  • Conduct the BSA/ AML, OFAC and ABC risk assessments on a periodic basis
  • Become a subject matter pro in crypto investigations and crypto industry participants

What we look for in you (ie. job requirements)

  • 10-15 years in BSA/AML related work
  • Previous experience as a BSA/AML Officer required
  • 5+ years experience managing a team
  • ACAMS Certification (a plus)
  • Passion for virtual currency
  • Thorough understanding of the Bank Secrecy Act
  • Exceptional interpersonal, writing, communication and organizational skills with the ability to work autonomously as well as collaboratively within a team environment.
  • Proven decision making, deductive and investigative abilities with attention to detail and accuracy.
  • Ability to interact effectively with all levels of management, regulators and examiners

Coinbase is committed to diversity in its workforce and is proud to be an equal opportunity employer and to review all of our job postings to minimize biased language. Coinbase does not make hiring or employment decisions on the basis of race, color, religion, creed, gender, national origin, age, disability, veteran status, marital status, pregnancy, sex, gender expression or identity, sexual orientation, citizenship, or any other basis protected by applicable local, state or federal law. Coinbase will also consider for employment qualified applicants with arrest and conviction records in a manner consistent with San Francisco’s Fair Chance Ordinance and similar local laws.

Global Data Privacy Notice for Job Candidates and Applicants

Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job applicants. Our full notice outlining how your data will be processed as part of the application procedure for application locations is available here: Ireland/EU , United Kingdom , and California . By submitting your application, you are agreeing to our use and processing of your data as required.Read More

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