Tether enables businesses – including exchanges, wallets, payment processors, financial services and ATMs – to easily use reserve-backed tokens on blockchains. By leveraging blockchain technology, Tether allows you to store, send and receive digital tokens person-to-person, globally, instantly, and securely for a fraction of the cost of alternatives. Tether’s platform is built to prioritize transparency at all times.

Being anchored or “tethered” to real world currency, Tether provides protection from the volatility of cryptocurrencies. Tether is a token backed by actual assets, including USD and Euros. One Tether equals one underlying unit of the currency backing it, e.g., the U. S. Dollar, and is backed 100% by actual assets in the Tether platform’s reserve account.

Our team is fully remote and globally distributed to capture the best talent from around the world. So far our company has grown fast and stayed lean to secure its place as a leader in the space.

If you get excited about being in an industry that is breaking new ground and have confidence you can conquer the most challenging feats we’ll encounter, we want to talk to you. Join us, and help lay the foundation for a decentralized future.

We are currently looking for an EDD Analyst

The primary purpose of this position is to provide administrative and analytical support to the Compliance Team with a view to control AML risk for existing customers. The incumbent will be responsible for 2 primary responsibilities conducting enhanced due diligence (EDD) and completing AML Investigations for customers based on blockchain based alerts. The incumbent will ensure EDD periodic reviews are completed in a timely way and that all applicable information is appended to each case file in accordance with documented procedures. The successful candidate will be responsible for reviewing KYC documentation, assessing the applicants’ risk profiles, and be comfortable communicating with clients in a professional manner in order to obtain EDD information. As well, the incumbent will play a pivotal role in conducting alert reviews for our automated transaction monitoring system, focused on Anti-Money Laundering (AML) in the virtual currency sector. The Incumbent may also assist with other operational roles including issuances and redemptions of tether tokens. This position is integral in detecting, investigating, reporting and mitigating potential money laundering risks.

Key Responsibilities:

• Document Review and Analysis: Collecting updated EDD files and assessing customer risk

• Alert Review and Analysis: Triage alerts from the transaction monitoring system to identify high-risk deposit addresses and unusual patterns indicative of money laundering or other illicit activities in virtual currency transactions.

• Investigation and Reporting: Conduct comprehensive investigations of flagged transactions and compile detailed suspicious activity reports for compliance and regulatory bodies.

• Compliance and Regulation Adherence: Maintain stringent adherence to AML policies and regulations of suspicious activity reporting

• Data Management: Utilize analytical tools for extensive blockchain analysis, tracking transaction flows, and identifying trends while ensuring data accuracy and security.

• Collaboration and Communication: Work closely with internal teams, including compliance and legal, to evaluate and reduce risks and effectively communicate findings and recommendations to stakeholders.

• Continuous Improvement: Contribute insights for enhancing the transaction monitoring system and participate in developing monitoring rules and methodologies.

• Training and Development: Stay current with trends in virtual currency markets, AML techniques, and relevant technologies. Engage in continuous learning and professional development.

• Bachelor’s degree in Finance, Economics, Computer Science, or related field.

• Two years of experience with rule-based transaction monitoring case management systems.

• Proven experience in AML compliance, preferably within the virtual currencies or financial services industry.

• Strong analytical, problem-solving skills, and attention to detail.

• Proficiency in data analysis tools and techniques.

• In-depth knowledge of virtual currency technologies and transaction behaviours.

• Excellent communication and team collaboration skills.

• Ability to handle confidential information with utmost integrity.

Preferred Skills:

• CAMS certification and blockchain accreditation.

• Suspicious activity reporting to financial authorities

• Experience with Microsoft Suite and blockchain analysis software, such as Chainalysis, TRM Labs, and Elliptic.

• Knowledge of blockchain technology, smart contracts and DeFi platforms.

• Proficiency in the use of case management systems for AML investigations.

• Experience with risk assessment tools and methodologies.

• Knowledge of cyber security principles related to cryptocurrency transactions.

Opportunities for cross-training will be provided to gain knowledge and manage additional functionalities within the AML program. This will enhance adaptability and comprehensive risk management skills.

The position we are referring to plays a vital role in safeguarding our organization against financial crimes by implementing strategies to prevent money laundering and terrorist financing. The incumbent will also be responsible for ensuring that our organization complies with Anti-Money Laundering (AML) regulations, particularly in the dynamic and rapidly evolving virtual currency industry. This includes but is not limited to conducting investigations of suspicious activities, monitoring transactions, and reporting any suspicious activities to relevant authorities.

$60,000 — $90,000/year