BSA/AML Investigator

About Bridge

We’re creating an entirely new payments platform, built with stablecoins, to simplify global money movement. Bridge enables faster, cheaper payments and borderless access to dollars via stablecoins. Through our APIs, businesses can send and receive funds across borders faster / cheaper vs. SWIFT and other fiat-only rails. Our virtual accounts enable international consumers and businesses to easily access, store and spend US dollars. Our payouts infrastructure enables platforms to disburse USD to anyone globally. We believe many trillions of dollars will move and settle through stablecoin payment rails. Bridge is pulling this future forward. 

We are a Series A startup, building largely in San Francisco. We have raised $58 million from by some of the top Venture Capital firms in the space including Sequoia Capital and Ribbit Capital. We have a small team of people who have previously built financial infrastructure at some of the world’s leading companies (Coinbase, Stripe, Square, Brex, Upstart, DoorDash, Airbnb) and each and every one of them chose Bridge because they fundamentally believe that stablecoins will be a critical piece of financial infrastructure that allows for the improvement of global money movement.

About the Role

We are seeking a BSA/AML Investigator to join Bridge’s Financial Crimes team. This is a unique opportunity for a highly driven person with a well-rounded skill set. The ideal person for this role will need to not only have a strong grasp of investigations, but also be a flexible and strategic thinker able to take on a variety of interdisciplinary tasks. We are looking for someone who has a developed understanding of not only blockchain and cryptocurrency, but payments systems as well. This role will not only be investigatory in nature but will encompass analysis of many of the financial crime vectors that the cryptocurrency industry is experiencing today. 

The BSA/AML Investigator performs triage investigations of transaction monitoring system generated alerts and referrals, including identifying root causes of the alert, sources and uses of funds, and potentially suspicious activity. The BSA/AML Investigator is responsible for conducting investigations to identify potentially suspicious financial and/or fraudulent activity,  including money laundering, terrorist financing, fraud and/or any other financial crimes. The BSA/AML Investigator may also contribute to customer due diligence reviews and enhanced due diligence. The BSA/AML Investigator may support OFAC screening and politically exposed persons (PEP) reviews and the triage of potential sanctions and PEP hits. 

Job Responsibilities

• Perform day-to-day activities consistent with safe and sound business practices and regulatory requirements

• Perform investigations related to transaction monitoring and customer due diligence that could implicate potential money laundering, fraud, terrorist financing or other financial crimes

• Prepare and document triage investigations and their dispositions according to FinCEN/FFIEC expectations and Bridge Procedures 

• Prepare detailed escalation and dismissal narratives per FFIEC expectations and Bridge procedures

• Review transaction and customer screening reports for potential OFAC violations and reporting potential true positives to the BSA Officer

• Perform enhanced due diligence reviews of high and moderate risk customers

• Identify opportunities for procedure enhancements and efficiencies within Financial Crimes operations

• Maintain organized documentation related to financial crimes monitoring, including investigations, audits, and regulatory exams

• Handle and review assigned cases within target timeframes, including advising relevant stakeholders on next steps

• Partner with relevant internal stakeholders to strengthen quality of SARs, and ensure consistency and accuracy

• Good knowledge on provisions of laws, directives, regulations and otherwise standards applicable to subject persons and knowledge of upcoming regulation of virtual currency policies is a strong plus
  

Required Qualifications

• Bachelor’s degree and/or equivalent experience performing investigations for a regulated financial institution or major financial services consulting firm

• 3-5 years of experience with BSA/AML and OFAC laws and regulations

• Detail oriented with excellent analytical, research, and communication skills with the ability to provide clarity to complex issues and synthesize large amounts of information.

• Knowledge of AML typologies and red flags

• Experience preparing and documenting financial crimes investigations in accordance with FFIEC expectations

• Someone who is naturally curious, listens carefully, adapts quickly, and problem solves resourcefully

Preferred Qualifications

• Relevant experience in blockchain analytics (e.g. TRM, Chainalytics) and cryptocurrency transaction monitoring is preferred.

• CAMS certification preferred but not required

The salary range for this role is $80,000 to $120,000. We are open to a variety of seniority levels for this role and will build compensation packages that are commensurate with seniority and skill level while taking into account internal parity with our own team. Base salary is just one part of the overall compensation at Bridge. All Full-Time Employees are eligible for Employee Stock Options. We also offer a package of benefits including paid time off, medical/dental/vision insurance, life insurance, disability insurance, and 401(k) to regular full-time employees.