What are the responsibilities and job description for the Compliance Officer position at Figure Markets?
About the Role
We're looking for an experienced, BSA / AML professional to serve as the BSA / AML specialist for Figure Markets's US and potentially foreign jurisdictions which includes oversight over several entities, such as a registered MSB, a licensed broker dealer and an investment advisor. As the BSA / AML Compliance Officer you'll be responsible for building and maintaining Figure Markets' US BSA / AML Program to ensure the company complies with BSA, AML, and OFAC regulatory requirements.
What You'll Do
- Assist with documentation of risk reporting procedures and ensure in line with models and methodology documentation
- Assist in the daily risk reporting and monitoring of the markets and measuring the risk exposure of user portfolios
- Proactively identify, report and ensure transparency of risks, and immediate escalation of material issues to risk managers
- Analyze market microstructure on crypto derivative markets, periodically review and calibrate risk models according to market conditions
- Monitor compliance with regulation and perform both qualitative and quantitative analysis, independent testing, automating the monitoring and challenging of data and models.
- Monitor the development of crypto exchange industry and identify industry trends and risks for further business development
- Conducting investigations into potential Exchange rule violations, performing various compliance-related audits and monitoring, and handling other compliance-related functions
- Conduct compliance ad-hoc monitoring for potential rule violations or concerning activities related to trading activity, money laundering and fraud;
- Routinely communicate with market participants regarding compliance-related functions and investigative responsibilities;
- Communicate compliance analysis and findings to department management, staff, and other business members
- Assesses the organization's cryptocurrency activities to identify any potential areas of non-compliance, and makes sure that all related procedures and controls are properly implemented
- Assist in the implementation and documentation of standard operational processes related to new product listing, product parameters and model parameters calibration
What We Look For
Experience
Salary
Salary : $74,800 - $93,500