BSA/AML Officer

Bullish•New York, NY

1d•$175,000 - $215,000•Onsite

About The Position

CoinDesk is seeking a BSA/AML Officer for Bullish’s regulated US digital currency trading business. This role is crucial for the US business expansion, leading the US Compliance program and serving as the regional BSA/AML Officer. The position supports spot, derivative, and tokenized securities business lines in the US, including MTL businesses (spot), FCM, and Broker Dealer entities. The officer will be responsible for BSA/AML & OFAC Sanctions programs, ensuring compliance with all applicable local, US, and international laws and regulations impacting the digital currency industry. This position is based in NYC and requires a minimum of 4 days per week in the NYC office.

Requirements

Sufficient experience in one or a combination of the following to satisfy the requirements to be appointed into the role: financial crime, Bank Secrecy Act (BSA), Anti-Money Laundering (AML), financial crime investigations, and/or risk management, audit, compliance, specifically with exposure to digital assets.
Experience in managing regulatory examinations and relationships with examiners (e.g., NYDFS, FINRA, NFA, SEC, CFTC), auditors, and banking partners.
Extensive knowledge of the Bank Secrecy Act (BSA), USA PATRIOT Act, OFAC regulations, as well as SEC, CFTC, FINRA, and NFA rules and requirements.
Awareness of regulatory requirements including local and US laws, international and industry standards.
Strong attention to detail and strong organizational, problem solving, analytical, and management skills.
Ability to execute in a fast paced, high demand environment while managing multiple priorities.
Bachelor’s Degree/University degree or equivalent experience.

Nice To Haves

Advanced degree (e.g. JD, MBA, etc.) preferred.
Active FINRA Series 7 and 24 (or 14) licenses, and Series 3 are strongly preferred (or willingness to obtain them within a specified timeframe).
Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), Certified Financial Crime Specialist (CFCS) and/or related professional certification preferred.

Responsibilities

Lead the compliance program for both fiat and crypto trading to meet all applicable state and federal regulatory requirements and reflect the nature of a rapidly changing risk landscape, including BSA/AML compliance, fraud risk, market integrity, compliance with state licensing requirements, oversight over compliance with applicable state and federal cybersecurity requirements, and other business conduct requirements.
Implement the domestic BSA/AML and OFAC compliance programs in line with U.S. regulatory requirements.
Maintain risk-based BSA/AML and OFAC policies and procedures addressing all areas of BSA/AML and OFAC; advise Bullish staff and management of deficiencies and ensure that required changes are made.
Direct the domestic BSA/AML and OFAC compliance monitoring program to ensure there are sufficient internal controls to promote an effective control environment.
Coordinate with offshore affiliates and exercise oversight to ensure any controls performed on behalf of the U.S. entity by the affiliates are performed to a standard that meets U.S. requirements.
Oversee regulatory reporting to FinCEN, SEC, CFTC, FINRA, NFA, NYDFS, and other federal and state regulators, as necessary, to comply with Bullish’s BSA/AML reporting obligations, including ensuring the timely filing of suspicious activity reports (“SARs”).
Ensure the BSA/AML program strictly adheres to FINRA Rule 3310 (for the Broker Dealer) and NFA Compliance Rule 2-9(c) (for the FCM).
Prepare monthly and quarterly management reporting of BSA/AML-related metrics.
Identify, escalate, track, and remediate, as necessary, BSA/AML compliance-related issues.
Perform BSA/AML, CIP, and OFAC risk assessments as needed and work with stakeholders and various forms of data to inform, update, streamline and optimize the BSA/AML and OFAC program.
Lead the process for ensuring all BSA/AML and OFAC reports are filed as required and all BSA/AML and OFAC related records are maintained according to regulatory requirements.
Contribute to building a compliance culture across the firm by training Bullish employees on key policies, procedures, and their responsibilities in preventing financial crime.
Continually review and refine alert thresholds and organizational configurations in the transactional monitoring system to ensure alerts are appropriately set and suspicious activity is detected as expected.
Coordinate with and serve as point-of-contact for audits and regulatory examinations of the compliance program and represent Bullish in meetings with regulators.