Transaction Monitoring Specialist (AML Case)

Position Overview

We are seeking a skilled and experienced Virtual Industry Transaction Monitoring Specialist to join our team. This role is pivotal in conducting comprehensive analysis of virtual currency transactions to detect and mitigate risks related to money laundering and terrorist financing. The ideal candidate will have relevant experience in transaction analysis, risk management, anti-money laundering (AML), compliance, or the virtual currency industry, with proficiency in blockchain analysis tools and transaction monitoring systems.

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

Key Responsibilities

• Utilize blockchain analysis tools and transaction monitoring systems such as Chainalysis, Elliptic, CipherTrace, etc., to analyze and monitor virtual currency transactions;
• Conduct thorough reviews of transactional data to identify suspicious activities, patterns, and anomalies indicative of money laundering or terrorist financing;
• Collaborate with internal teams to investigate flagged transactions, gather additional information, and make informed decisions on potential risks;
• Stay updated on emerging trends, regulatory requirements, and industry best practices related to transaction monitoring in the virtual currency sector;
• Document findings and maintain detailed records of transaction monitoring activities, ensuring compliance with audit and regulatory standards;
• Communicate effectively, providing clear and concise reports and recommendations based on transaction monitoring outcomes;
• Support continuous improvement initiatives related to transaction monitoring processes and systems.

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 and transaction monitoring systems such as Chainalysis, Elliptic, CipherTrace, etc;
• Strong understanding of virtual currency transactions, blockchain technology, and associated risks;
• Ability to identify and assess potential money laundering and terrorist financing risks in virtual currency transactions;
• Analytical mindset with the ability to interpret complex data and draw actionable conclusions;
• Excellent communication skills to convey findings and recommendations effectively.

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 a skilled and experienced Virtual Industry Transaction Monitoring Specialist to join our team. This role is pivotal in conducting comprehensive analysis of virtual currency transactions to detect and mitigate risks related to money laundering and terrorist financing. The ideal candidate will have relevant experience in transaction analysis, risk management, anti-money laundering (AML), compliance, or the virtual currency industry, with proficiency in blockchain analysis tools and transaction monitoring systems.

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

Key Responsibilities

• Utilize blockchain analysis tools and transaction monitoring systems such as Chainalysis, Elliptic, CipherTrace, etc., to analyze and monitor virtual currency transactions;
• Conduct thorough reviews of transactional data to identify suspicious activities, patterns, and anomalies indicative of money laundering or terrorist financing;
• Collaborate with internal teams to investigate flagged transactions, gather additional information, and make informed decisions on potential risks;
• Stay updated on emerging trends, regulatory requirements, and industry best practices related to transaction monitoring in the virtual currency sector;
• Document findings and maintain detailed records of transaction monitoring activities, ensuring compliance with audit and regulatory standards;
• Communicate effectively, providing clear and concise reports and recommendations based on transaction monitoring outcomes;
• Support continuous improvement initiatives related to transaction monitoring processes and systems.

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 and transaction monitoring systems such as Chainalysis, Elliptic, CipherTrace, etc;
• Strong understanding of virtual currency transactions, blockchain technology, and associated risks;
• Ability to identify and assess potential money laundering and terrorist financing risks in virtual currency transactions;
• Analytical mindset with the ability to interpret complex data and draw actionable conclusions;
• Excellent communication skills to convey findings and recommendations effectively.

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.