Deputy BSA Officer

Description

CoinFlip is a global digital currency platform company focused on providing consumers with simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume, with more than 5,500 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, Brazil, Mexico, and Spain. CoinFlip’s digital currency kiosks make buying and selling major cryptocurrencies accessible for consumers who wish to purchase digital currency using cash.

CoinFlip also operates CoinFlip Preferred, a personalized over-the-counter service that provides investors with custom, white-glove support for their cryptocurrency transactions. In 2022, CoinFlip launched CoinFlip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects. We also offer the CoinFlip Crypto Wallet, a self-custodial cryptocurrency wallet available for iOS and Android devices.

CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune’s Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie ® Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey, visit www.CoinFlip.tech.  

The Deputy BSA Officer is a senior role that supports the Global Head of AML, overseeing and implementing an organization's anti-money laundering policies to ensure compliance with regulations. This includes managing the U.S. AML program and serving as a subject matter expert in advising the business on compliance with applicable laws and regulations and industry best practices. 

Responsibilities:  

• Assist with the continuous development and management of a comprehensive and up-to-date program to ensure ongoing compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering, and OFAC regulations  
• Assist in supervision and oversight of the KYC and Investigations teams  
• Performing maintenance and updating our policies in relation to money laundering and the financing of terrorism, including the application of those policies 
• Ensuring that financial crime risks are taken into account in day-to-day operations, including in relation to the development of new products or new customer types, and changes in our business profile 
• Partnering with Product Owners, Legal, and Other Business teams to educate and drive the appropriate execution of compliance requirements including for new products
• Other duties as assigned

Qualifications:  

• A bachelor’s degree, and ideally a professional qualification from an internationally recognized body (e.g., ICA, ACAMS) 
• 5+ years of experience in an AML role 
• To be committed and excited about world-class financial crime compliance 
• To be an in-depth strategic thinker with the ability to work in a fast-paced environment across a large number of functional groups 
• An understanding of the customer experience and the ability to make business-oriented recommendations to ensure Compliance with key requirements 
• Expertise in AML/TM/Sanctions and a strong background in cryptocurrency 
• Experience with regulators and the regulatory exam process with independent, state, and regulatory auditors and examiners 
• The ability to influence and develop effective working relationships with employees at all levels, gaining their acceptance and driving change to thrive in dynamic working environments 
• A data-driven approach to problem solving with operational process and analytical skills 

Nice to have: 

• Basic knowledge of cryptocurrency and blockchains 
• General passion and knowledge of fintech and cryptocurrency 
• An entrepreneurial spirit and the desire to work in a growing and changing environment 

Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical “startup” — we offer competitive salaries, performance-based incentives, and competitive benefits for full-time employees.

CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply, but only those selected for an interview will be contacted. 

By applying to this role, you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying "STOP" to the text message you received. If at any time you forget what keywords are supported, just reply "HELP." Message and data rates apply. If you require a special accommodation, please let us know and we’ll work with you to meet your needs.