Financial Crime Specialist; FinTech​/Cryptocurrency​/Stablecoin

Cape Town, Western Cape, South Africa

Our Client is the largest and the first licensed on/off-ramp platform for stable coins in Africa. They are dedicated to offering innovative solutions in the African stable coins space. Our client is committed to making stable coins accessible and understandable for everyone, providing their customers with secure and user-friendly platforms for their financial transactions.

Job Type: Remote | Full-time

Role Overview

As a Financial Crime Specialist, you’ll be conducting and documenting targeted and thorough investigations into customers and the activity seen in their Wallets and any other facilities held with our client. Reviewing escalations of high-risk clients, partners and transactional corridors and conducting periodic/Enhanced Due Diligence reviews into high risk customers. As well as this, you will be producing high quality Suspicious Activity / Transaction / Terror Property Reports (SAR/STR/TPR) and internal reports or briefings with appropriate recommendations, lessons learned and suggested remedial actions arising as an output of your investigation.

Requirements

• Any combination of relevant education and experience and/or related professional designations/certifications (CAMS, CFE, Audit) in this field is highly desirable.
• Minimum
  
  Required:
  
  Post-secondary degree in Compliance, Risk, Finance, Legal or equivalent combination of educational and work experience.
• Fluent English, French and Arabic are beneficial and a combination of local languages are essential for this role, as is a willingness to travel across your assigned region as necessary.
• 5-7 years' of work experience within the financial services industry, law enforcement/regulatory or cryptocurrency/fintech industry.
• Working knowledge of Bank Secrecy Act and AML Regulations, USA Patriot Act, Office of Foreign Assets Control.
• Ability to operate multi-nationally with internal business partners and external partners/third party vendors.
• Ability to work in a self-directed and remote environment.
• Demonstrated understanding of remittance or cryptocurrency type business practices, organisational structure and general policies and procedures.
• Demonstrated ability to draft clear and professional correspondence, reports and other documents of a legal, compliance and business nature.
• Excellent analysis and problem-solving skills.
• Demonstrated ability to appropriately work with confidential information.
• Ability to facilitate the collection of information through interviews, meetings etc.
• Ability to articulate and convey complex, conceptual information to various audiences verbally and in writing.
• Experience communicating with regulators and law enforcement agencies.
• Experience in public speaking and making clear and persuasive business presentations.
• Excellent demonstrated organisational skills, including time management, record keeping, self-scheduling, and follow-up.
• Must be a self-starter and be able to act independently.
• Demonstrated ability to handle multiple priorities in a dynamic environment.

Responsibilities

• Support the execution and ongoing improvement of the hybrid Compliance and Anti-Fraud programs (encompassing fiat and cryptocurrency), CRMP, principles, standards, policy, and oversight expectations within assigned territory.
• Provide second line support and challenge to the business during onboarding and ongoing
  oversight of new Outsourced Service Providers.
• Providing advice to ensure internal processes and procedures are updated to reflect regulatory requirements.
• Advice on policy or procedural changes required to incorporate the identified changes.
• Ensure YC policies remain fit for purpose and appropriate for the changing regulatory and business environments.
• Provide guidance to the financial crime team and when required to aid wider team objectives.
• Ensure that key Financial Crime regulatory issues are reported to the Financial Crime Manager with options and recommendations analyzed to facilitate reporting to senior management.
• Assist in the design and provision of training to all bank staff.
• Monitoring of transactions (including OTC) and escalation…