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

Because Tether is tied to real-world currencies, it helps protect against cryptocurrency volatility. Tether is a token backed by real assets, including USD and euros. One Tether corresponds to one unit of the currency it is backed by (for example, the U.S. dollar) and is backed 100% by actual assets held in Tether’s reserve account.

Our team is fully remote and globally distributed to attract the best talent worldwide. The company has grown quickly while staying lean to maintain its position as a leader in the field.

If you’re excited about working in an industry that’s breaking new ground and you’re confident you can take on the most challenging tasks we’ll face, we’d like to speak with you. Join us and help build the foundation for a decentralized future.

We are currently seeking an EDD Analyst.

The main purpose of this role is to provide administrative and analytical support to the Compliance Team to help control AML risk for existing customers. The analyst will perform two primary functions: conducting enhanced due diligence (EDD) and completing AML investigations for customers based on blockchain-based alerts. They will ensure that EDD periodic reviews are completed on time and that all required information is added to each case file according to documented procedures. The successful candidate will review KYC documentation, evaluate applicants’ risk profiles, and communicate professionally with clients to gather EDD information. The analyst will also play a key role in reviewing alerts generated by our automated transaction monitoring system, with a focus on anti-money laundering (AML) in the virtual currency sector. The role may also support other operational activities, including the issuance and redemption of tether tokens. This position is essential to identifying, investigating, reporting, and reducing potential money laundering risks.

Key Responsibilities:
– Document Review and Analysis: Collect updated EDD files and assess customer risk.
– Alert Review and Analysis: Triage alerts from the transaction monitoring system to identify high-risk deposit addresses and unusual patterns that may indicate money laundering or other illicit activity involving virtual currency transactions.
– Investigation and Reporting: Conduct thorough investigations of flagged activity and prepare detailed suspicious activity reports for compliance and regulatory authorities.
– Compliance and Regulatory Adherence: Strictly follow AML policies and rules for reporting suspicious activity.
– Data Management: Use analytical tools for in-depth blockchain analysis, track transaction flows, and identify trends while ensuring data accuracy and security.
– Collaboration and Communication: Partner with internal teams, including compliance and legal, to assess and reduce risks and clearly communicate findings and recommendations to stakeholders.
– Continuous Improvement: Provide input to improve the transaction monitoring system and help develop monitoring rules and methodologies.
– Training and Development: Stay current on virtual currency market trends, AML methods, and related technologies, and continue professional development.
– Review and complete additional tasks as needed within the AML program, including support for issuance and redemption activities.

Qualifications:
– Bachelor’s degree in Finance, Economics, Computer Science, or a related field.
– Two years of experience with rule-based transaction monitoring case management systems.
– Proven experience in AML compliance, preferably in virtual currencies or financial services.
– Strong analytical and problem-solving skills, with close attention to detail.
– Proficiency with data analysis tools and techniques.
– In-depth knowledge of virtual currency technologies and transaction behavior.
– Excellent communication and teamwork skills.
– Ability to handle confidential information with the highest integrity.

Preferred Skills:
– CAMS certification and blockchain-related accreditation.
– Experience with suspicious activity reporting to financial authorities.
– Experience with Microsoft Suite and blockchain analysis tools such as Chainalysis, TRM Labs, and Elliptic.
– Knowledge of blockchain technology, smart contracts, and DeFi platforms.
– Proficiency in using case management systems for AML investigations.
– Experience with risk assessment tools and methodologies.
– Knowledge of cybersecurity principles related to cryptocurrency transactions.

Cross-training opportunities will be provided to expand knowledge and manage additional functions within the AML program, strengthening adaptability and broader risk management capabilities.

This role is critical to protecting our organization from financial crime by implementing strategies to prevent money laundering and terrorist financing. The analyst will also help ensure the organization complies with AML regulations—especially in the fast-changing and rapidly evolving virtual currency industry. Responsibilities include investigating suspicious activity, monitoring transactions, and reporting any suspicious activity to relevant authorities.

$60,000 — $90,000 per year.