Senior AML Compliance Specialist

Binance is seeking a highly skilled Senior AML Compliance Specialist to join our team. As a key member of our compliance department, you will play a vital role in ensuring the company's anti-money laundering (AML) policies and procedures are effective and compliant with regulatory requirements.

• Manage personal workload and ensure timely escalation of key risks/issues to management:
  • Oversee and prioritize tasks to meet deadlines and deliver high-quality results;
  • Evaluate and escalate potential risks or issues to management for prompt attention and resolution;
• Handle, review and verify all applications for client on-boarding within available SLAs:
  • Analyze and assess client information to ensure compliance with AML regulations;
  • Verify client identity and perform due diligence checks to prevent money laundering and terrorist financing;
  • Ensure timely completion of onboarding processes to meet customer expectations;
• Maintain a good relationship and work closely with Relationship Partner Teams and clients to obtain all necessary supporting evidence to fulfill KYC due diligence:
  • Foster strong relationships with internal stakeholders and external clients to gather required documentation;
  • Negotiate and resolve any discrepancies or issues related to KYC due diligence;
  • Ensure seamless communication and coordination with clients to meet their needs and expectations;
• Proficiency in compliance applications and programmes such as World-Check and Jumio:
  • Demonstrate expertise in using various compliance tools and software to screen clients and conduct risk assessments;
  • Stay up-to-date with new features and updates to enhance efficiency and effectiveness;
  • Collaborate with other departments to implement best practices and optimize processes;
• Act as a checker to ensure effective customer due diligence processes:
  • Review and validate customer data to ensure accuracy and completeness;
  • Conduct regular audits to identify areas for improvement and implement corrective actions;
  • Provide training and guidance to colleagues to maintain high standards of customer due diligence;
• Conduct risk assessments, periodic/trigger reviews, and enhanced due diligence:
  • Identify and assess potential risks associated with clients and transactions;
  • Develop and implement strategies to mitigate identified risks;
  • Monitor and report on the effectiveness of risk management measures;
• Monitor and document unusual activity or AML flags:
  • Monitor transactional activity and identify potential red flags;
  • Document and investigate unusual activity to determine its legitimacy;
  • Escalate findings to management for further action;
• Participate in internal and external training programs related to AML/CFT and other relevant subjects:
  • Pursue ongoing education and professional development to stay current with industry trends and regulations;
  • Share knowledge and best practices with colleagues to enhance team performance;
  • Apply learnings to improve job functions and contribute to the company's growth;
• Serve as a point of contact for queries related to Periodic Reviews:
  • Respond to client inquiries and provide support throughout the periodic review process;
  • Communicate clearly and effectively to ensure understanding and satisfaction;
  • Resolve any issues or concerns promptly to maintain a positive client experience;
• Coordinate with other departments, such as Compliance and internal teams to ensure smooth review processes:
  • Foster collaboration and communication across departments to achieve common goals;
  • Share knowledge and expertise to optimize processes and improve outcomes;
  • Identify areas for improvement and propose solutions to enhance efficiency and effectiveness;
• Communicate with Key Account Managers (KAMs) for VIP and Broker accounts to resolve issues encountered during reviews:
  • Work closely with KAMs to address client concerns and resolve issues promptly;
  • Provide updates and progress reports to ensure transparency and trust;
  • Collaborate with KAMs to develop solutions that meet client needs and expectations;
• Participate in process improvement initiatives to enhance efficiency and effectiveness:
  • Identify areas for improvement and propose solutions to optimize processes;
  • Collaborate with other departments to implement best practices and enhance efficiency;
  • Monitor and evaluate the impact of changes to ensure desired outcomes;
• Handle general administration and ancillary activities related to the above functions in accordance with business requirements:
  • Perform administrative tasks such as data entry, filing, and record-keeping;
  • Manage multiple priorities and adapt to changing circumstances;
  • Stay organized and focused to meet deadlines and deliver high-quality results;
• Review constitutional documents of corporate clients and their related parties:
  • Analyze and assess corporate client information to ensure compliance with AML regulations;
  • Verify client identity and perform due diligence checks to prevent money laundering and terrorist financing;
  • Ensure accurate and complete records are maintained for future reference;
• Conduct open-source searches on regulation, public listing, and licensing status:
  • Research and analyze publicly available information to assess client risk;
  • Verify client information against public databases and records;
  • Update client files with accurate and reliable information;
• Perform WorldCheck screening against PEP, TF, Adverse Media, and ML risk:
  • Utilize WorldCheck to screen clients and conduct risk assessments;
  • Stay up-to-date with new features and updates to enhance efficiency and effectiveness;
  • Collaborate with other departments to implement best practices and optimize processes;
• Translate corporate documents to English:
  • Translate complex documents from foreign languages to English;
  • Ensure accuracy and completeness of translated documents;
  • Provide clear and concise translations to facilitate decision-making;
• Prepare senior management and MLRO escalation forms with detailed descriptions of risks posed by clients:
  • Compile and analyze data to identify potential risks and threats;
  • Develop and present actionable recommendations to senior management;
  • Collaborate with MLRO to implement mitigation strategies and monitor progress;
• Provide feedback on system malfunctions, gaps, and necessary upgrades:
  • Identify and report technical issues and system deficiencies;
  • Collaborate with IT and other departments to resolve problems and implement improvements;
  • Recommend upgrades and enhancements to optimize system functionality;
• Implement procedures in the onboarding environment, identifying procedural gaps:
  • Analyze and evaluate existing procedures to identify areas for improvement;
  • Develop and implement new procedures to optimize processes and enhance efficiency;
  • Collaborate with other departments to ensure seamless implementation and adoption;
• Detect suspicious and falsified documentation and ensure accurate manual data entry:
  • Identify and flag suspicious or falsified documentation;
  • Verify client information and documentation to ensure accuracy and completeness;
  • Enter accurate and reliable data into systems to maintain high-quality records;

• At least 3 years experience in a corporate onboarding role with substantial knowledge of relevant rules and regulations:
  • Demonstrate extensive knowledge of AML regulations and industry standards;
  • Highlight experience working in a similar corporate onboarding role;
  • Emphasize ability to apply knowledge and skills to drive compliance and risk mitigation;
• Fluent English speaker; additional European language required:
  • Prove proficiency in English language, both written and spoken;
  • Indicate fluency in an additional European language, if applicable;
  • Showcase ability to communicate effectively across linguistic and cultural boundaries;
• Knowledge of multiple client types (e.g., Non-Operating/Asset Holding Companies, Funds, Partnerships, Segregated Portfolio Companies, Trusts) and multiple EEA jurisdictions:
  • Demonstrate familiarity with various client types and EEA jurisdictions;
  • Highlight experience working with diverse client portfolios and jurisdictions;
  • Emphasize ability to navigate complex regulatory environments;
• Experience in reviewing AML Policies and Procedures and identifying control gaps:
  • Showcase experience reviewing and analyzing AML policies and procedures;
  • Highlight ability to identify control gaps and develop remediation plans;
  • Emphasize commitment to continuous improvement and regulatory compliance;
• Good knowledge of Virtual Asset Service Providers business types:
  • Demonstrate understanding of Virtual Asset Service Providers business models;
  • Highlight experience working with VASPs or similar entities;
  • Emphasize ability to navigate complex regulatory environments;
• Experience handling reviews of high-risk and complex KYB cases and conducting reviews of Financial Institutions and Broker clients' profiles:
  • Showcase experience reviewing and assessing high-risk and complex KYB cases;
  • Highlight ability to analyze and evaluate Financial Institutions and Broker clients' profiles;
  • Emphasize commitment to delivering high-quality results under pressure;
• ACAMS/CAMS/CCAS/ICA certifications or equivalent preferred:
  • Hold relevant certifications such as ACAMS, CAMS, CCAS, or ICA;
  • Highlight experience applying certification knowledge and skills in a practical setting;
  • Emphasize commitment to ongoing education and professional development;
• Strong time management, organizational, and relationship-building skills:
  • Demonstrate ability to manage multiple priorities and deadlines;
  • Highlight experience building and maintaining strong relationships with internal and external stakeholders;
  • Emphasize commitment to effective communication and collaboration;
• Adaptable in an evolving and fast-moving environment:
  • Demonstrate flexibility and willingness to adapt to changing circumstances;
  • Highlight experience working in a dynamic and fast-paced environment;
  • Emphasize ability to pivot quickly and respond to emerging challenges;
• Knowledge of local laws, directives, regulations, and standards applicable to subject persons:
  • Demonstrate familiarity with relevant laws, directives, regulations, and standards;
  • Highlight experience applying this knowledge in a practical setting;
  • Emphasize commitment to staying current with industry developments;
• Knowledge of upcoming regulations regarding virtual currency policies is a strong plus:
  • Demonstrate awareness of emerging regulations and guidelines;
  • Highlight experience working with virtual currencies or similar assets;
  • Emphasize ability to navigate complex regulatory environments;

The estimated salary for this position is approximately $85,000 - $110,000 per year, depending on location and experience.