Transaction Monitoring Associate

Who are we?

FalconX is a pioneering team of operators, investors, and builders committed to revolutionizing institutional access to the crypto markets. Operating at the intersection of traditional finance and 
cutting-edge technology, FalconX addresses the industry's foremost challenges: Navigating the digital asset market can be complex and fragmented, with limited products and services that support trading strategies, structures, and liquidity found in conventional financial markets. As a comprehensive solution for all digital asset strategies from start to scale, FalconX operates as the connective tissue empowering clients with seamless navigation through the ever-
evolving cryptocurrency landscape.

Job Description: Transaction Monitoring Associate

Position Title: Transaction Monitoring Associate
Location: Bangalore, India
Department: Compliance

Who we are

FalconX is a digital assets prime brokerage platform. We are redefining digital assets prime brokerage from the ground up. We are backed by some of the best investors in the world including Accel, American Express, GIC, B Capital, Coinbase Ventures, Fidelity, Flybridge, Lightspeed and Tiger Global.

We deliver institutional digital asset customers best-in-class trading, credit, custody and structured products. We trade, lend and secure tens of billions of dollars monthly, are highly profitable, and growing fast, so we need your help!

We are data-driven. Whether it's a growth or product decision, we believe data can always help us make more precise and informed choices.

We move fast. Speed of execution is essential for any startup, but we believe this is even more pertinent in our 24/7 industry.

We prioritize learning. Outcomes are mission-critical, but we also believe that learning in success and in failure will drive our continued success. Our industry is emergent - there’s no shortage of experiments to get involved with and to continue growing and learning together.

FalconX has offices in the USA - San Mateo New York, India - Bengaluru, Malta, Hong Kong, Singapore and London.

Who is on the team?

We are entrepreneurs. Many in our company have been founders or have aspirations to eventually start their own company. We take these ambitions and experiences to bring a solutions-oriented mindset to the problems we encounter day-to-day.

We are experienced. We have been fortunate to have learned from mentors and peers at institutions such as Google, LinkedIn, JUMP Trading, Citadel, PEAK6 Investments, Goldman Sachs, J.P. Morgan, Harvard Business School, Carnegie Mellon, IIT + more.

Impact

At FalconX, you’ll help make global digital assets a successful asset class in the most compliant way. Some of the largest financial institutions from Wall Street to Silicon Valley and around the world will turn to us for the best market prices and insights on the crypto industry. You will understand the key money laundering risks within the global digital assets industry and assist in putting key risk mitigation controls in place. As a key member of the APAC compliance team and key contributor to the global AML program, you will learn and grow our company’s values which define our culture and drive day to day behaviors and decision making.

Position Summary:

The Transaction Monitoring Associate is responsible for the day-to-day monitoring of customer transactions across both fiat and cryptocurrency assets to detect and prevent illicit financial activities. This role involves identifying suspicious patterns, investigating alerts generated by transaction monitoring systems, and ensuring compliance with AML, CTF, and sanctions regulations. The associate will utilize blockchain analytics tools to trace digital asset flows, perform comprehensive reviews of transaction activity, and maintain detailed records of investigations while collaborating with regional compliance teams and external vendors.

Key Responsibilities:

• Alert Investigation: Investigate alerts generated by both on-chain and off-chain transaction monitoring systems.
• Blockchain Analytics: Utilize blockchain analytics tools such as Chainalysis, Elliptic, and TRM Labs to trace digital asset flows and identify suspicious patterns and exposure to illicit typologies.
• Comprehensive Review: Perform daily, real-time, and retrospective comprehensive reviews of transaction activity and customer KYC information.
• Trend Identification: Identify emerging financial crime trends and "red flag" indicators.
• Quality Control: Focus on quality control and process improvement.
• Documentation and Communication: Maintain comprehensive records of investigations and effectively communicate relevant findings.
• Collaboration: Work collaboratively with regional compliance teams, business units, and external vendors to ensure effective monitoring coverage.

Qualifications:

• Education: Bachelor’s degree in Finance, Economics, Business Administration, or a related field. Advanced degree preferred.
• Experience: 2 to 5 years of experience in an AML transaction monitoring role within a financial services firm, regulatory organization, or legal/consulting firm.
• Technical Skills: Proficiency in using blockchain monitoring and analytics tools.
• Knowledge: Strong understanding of blockchain transactions and associated risks. Deep understanding of AML, CTF, and sanctions regulations, with awareness of global variations in compliance requirements.
• Analytical Skills: Exceptional investigative, analytical, and problem-solving skills with the ability to interpret complex data and identify trends. Demonstrates decisiveness and confidence in making final determinations, ensuring that escalations are reserved for truly ambiguous or high-risk situations.
• Communication Skills: Excellent written and verbal communication skills with the ability to present findings clearly and concisely.
• Attention to Detail: High level of accuracy and attention to detail.

Certifications: Relevant certifications are a plus and demonstrate a commitment to professional development in the field.

Notice at Collection and Privacy Policy

Applicants located in California and/or applying to a role based in California, please refer to our Notice at Collection and Privacy Policy here.

Inclusivity Statement

FalconX is committed to building a diverse, inclusive, equitable, and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements, skills, or experiences!

As part of our commitment to inclusivity, FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons, FalconX must use this language to align with federal requirements, however, we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.

FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally-recognized protected basis under federal, state, or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconX’s People team at recruiting@falconx.io, if you need assistance with participating in the application process.