Suspicious Activity Report Specialist (SAR)

Position Overview

We are seeking an experienced and detail-oriented Virtual Industry SAR Specialist to join our team. This role is essential for conducting thorough monitoring, analysis, and reporting of suspicious activities related to virtual currency transactions. The ideal candidate will have relevant experience in anti-money laundering (AML), compliance, risk management, customer due diligence (CDD), or the virtual currency industry, with proficiency in SAR processes and blockchain analysis tools.

Proficiency in both English and Mandarin is essential for internal communications.

Key Responsibilities

• Conduct comprehensive monitoring and analysis of virtual currency transactions to detect suspicious activities, patterns, and anomalies;
• Utilize blockchain analysis tools such as Chainalysis, Elliptic, CipherTrace, etc., to investigate and assess potential risks associated with suspicious transactions;
• Independently investigate flagged transactions, gather necessary information, and make informed decisions regarding the filing of SARs;
• Collaborate with internal teams and stakeholders to review findings, escalate issues, and ensure timely and accurate SAR reporting;
• Maintain detailed documentation of SAR investigations, findings, and decisions made, ensuring compliance with regulatory requirements;
• Stay updated on regulatory changes, industry trends, and best practices related to SAR reporting in the virtual currency sector;
• Communicate effectively with stakeholders, including preparing clear and concise SAR reports and recommendations;
• Support training and development initiatives related to SAR processes and compliance requirements.

Qualifications

• Bachelor’s degree in business, finance, law, or a related field. Advanced degree or professional certification (e.g., CAMS, CFE, CRCM) preferred;
• At least 3 years of relevant work experience in AML, compliance, CDD, risk management, or the virtual currency industry;
• Experience with virtual currency exchanges, payment platforms, or fintech companies is a plus;
• Proficiency in using blockchain analysis tools such as Chainalysis, Elliptic, CipherTrace, etc., for transaction monitoring and analysis;
• Strong critical thinking skills and the ability to independently investigate suspicious activities and make sound decisions;
• Excellent written and oral communication skills to accurately document and communicate SAR findings and reports;
• Understanding of SAR filing requirements and regulatory expectations in relevant jurisdictions.

About Bybit

Bybit is one of the world’s top three cryptocurrency exchanges by volume with 40 million users. Established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

Position Overview

We are seeking an experienced and detail-oriented Virtual Industry SAR Specialist to join our team. This role is essential for conducting thorough monitoring, analysis, and reporting of suspicious activities related to virtual currency transactions. The ideal candidate will have relevant experience in anti-money laundering (AML), compliance, risk management, customer due diligence (CDD), or the virtual currency industry, with proficiency in SAR processes and blockchain analysis tools.

Proficiency in both English and Mandarin is essential for internal communications.

Key Responsibilities

• Conduct comprehensive monitoring and analysis of virtual currency transactions to detect suspicious activities, patterns, and anomalies;
• Utilize blockchain analysis tools such as Chainalysis, Elliptic, CipherTrace, etc., to investigate and assess potential risks associated with suspicious transactions;
• Independently investigate flagged transactions, gather necessary information, and make informed decisions regarding the filing of SARs;
• Collaborate with internal teams and stakeholders to review findings, escalate issues, and ensure timely and accurate SAR reporting;
• Maintain detailed documentation of SAR investigations, findings, and decisions made, ensuring compliance with regulatory requirements;
• Stay updated on regulatory changes, industry trends, and best practices related to SAR reporting in the virtual currency sector;
• Communicate effectively with stakeholders, including preparing clear and concise SAR reports and recommendations;
• Support training and development initiatives related to SAR processes and compliance requirements.

Qualifications

• Bachelor’s degree in business, finance, law, or a related field. Advanced degree or professional certification (e.g., CAMS, CFE, CRCM) preferred;
• At least 3 years of relevant work experience in AML, compliance, CDD, risk management, or the virtual currency industry;
• Experience with virtual currency exchanges, payment platforms, or fintech companies is a plus;
• Proficiency in using blockchain analysis tools such as Chainalysis, Elliptic, CipherTrace, etc., for transaction monitoring and analysis;
• Strong critical thinking skills and the ability to independently investigate suspicious activities and make sound decisions;
• Excellent written and oral communication skills to accurately document and communicate SAR findings and reports;
• Understanding of SAR filing requirements and regulatory expectations in relevant jurisdictions.

About Bybit

Bybit is one of the world’s top three cryptocurrency exchanges by volume with 40 million users. Established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.