Transaction Monitoring Analyst

Company: Uphold
Location: New York, New York, United States
Type: Full-time
Posted: 31.MAY.2021


About Uphold One of the fastest-growing fintech companies, Uphold is pursuing a mission to democratise investments and payments for people a...


About Uphold One of the fastest-growing fintech companies, Uphold is pursuing a mission to democratise investments and payments for people and companies worldwide. A digital money platform serving over 6 million customers in more than 150 countries. Uphold now manages more than $1.5 billion in customer assets. The Silicon Valley firm currently opens around 10,000 accounts a day as consumers seek a more versatile and cost-effective home for their financial lives. Leveraging blockchain technology, the platform provides both consumers and businesses with easy access to 46 digital assets, 27 national currencies, four precious metals and 50 fractional U.S. equities. Uphold's unique trading experience - 'Anything-to-Anything' - allows customers to trade directly between asset classes, saving time and money. Uphold supports financial inclusion by enabling customers virtually anywhere to open an account in less than a minute and trade with no minimum investment amounts. Customers can send money to virtually anyone with an email address free of charge. To learn more, please visit This position can be located remotely in AZ, CA, CO, FL, IL, IN, MD, NC, NJ, NY, RI or TX. The opportunity: Uphold is looking for a Transaction Monitoring ANalyst to join our Compliance team. This is an incredibly exciting opportunity where you will support the BSA Case Manager and BSA Case Analysts by conducting investigations and creating cases. Assists with conducting compliance monitoring activities for customer accounts and researches to identify suspicious activity in violation of federal regulations. This role is responsible for ensuring that compliance policies and procedures are appropriately being adhered to and documenting testing of the procedures on an ongoing basis as verification that Uphold is complying with federal regulations. This position requires an in-depth knowledge of federal and state regulations in order to effectively assist in researching, preparing, implementing, maintaining, developing, and tracking all Uphold compliance for new and existing products, services and delivery systems. Identifies and reports on changing trends in methods used by fraud perpetrators. Stays informed on changes to all related banking regulations. Ensures activities are appropriately controlled and in compliance with applicable Federal Securities Laws, pursuant to Rule 38a-1. The ideal candidate will be a strong communicator and offer exceptional data analytic abilities. What you'll be doing primarily: * Performs and/or reviews compliance monitoring activities and testing as outlined in assigned compliance programs and oversight procedures. * Perform intake controls to ensure all Alerts are logged and assigned in a timely manner * Review and analyze underlying data gathered to assess reasonable cause to escalate an Alert to Investigation, with a case or to clear the alert * Disposition a fully document all alerts, including supporting data, analysis and rationale for disposition with the alert/case * Management Alerts in a timely manner * Build relationships with AML Investigations units, effective communicating and transferring information for cases * Conduct account/customer reviews to identify potentially suspicious activity * Collect and document data; including alert, investigation, Know Your Customer (KYC) information; relevant account and transaction data; plus, any other required information to assist in the investigation * Reports to the BSA Case Manager on day-to-day activities and escalates all material deficiencies. * Maintains repository of testing workpapers and corrective action plans. * Other job-related duties as assigned by BSA Case Manager * Other duties as required or assigned. Required qualifications: * Exceptional research and analytical skills with the demonstrated ability to analyze and decipher large amounts of data, and disposition appropriately * Preferred experience in AML, Compliance or related position * Must be able to manage multiple tasks simultaneously * Ability to work independently * Advanced computer skills, including Microsoft Office (i.e. Word, Excel, PowerPoint, etc.) * Excellent verbal and written communication skills with strong ability to communicate with a wide and varied internal and external audience * Exceptional customer service and problem-solving capabilities * Knowledge and experience working with investment advisers, transfer agency, fund accounting, and industry-related systems preferred * Fluent written and oral English skills. What we have to offer you: * An amazing work environment in a company that continues to grow, driven by extraordinary and passionate people that keep up innovating and challenging more each day. * An international team, in a cutting edge field, working on the most fascinating projects. * Growth and career opportunities, and the chance to be proactive and creative. * A flexible and enthusiastic work environment that offers you snacks, a lot of coffee and other great benefits. * Open and transparent culture - we get together on a weekly basis to share updates, strategic plans, and engage with each other informally over food and drinks. * Interesting events that keep you connected with the team and celebrate our success. Be part of a great company that is revolutionizing the financial services industry. Apply now! If this job isn't exactly what you are looking for, visit our careers page to check out all our exciting opportunities. EEOC Employer We're proud to be an Equal Opportunity Employer and we celebrate our employees' differences, including race, color, religion, gender identity, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, and any other protected classes. Difference makes us stronger and better - together.


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