Director, Transaction Monitoring Program

Who We Are

At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves. Across our multiple offices globally, we are united by our core principles: We Before Me, Do the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er.

About the Team

The Compliance function at OKX is responsible for the overall compliance culture at the company. We’re a team of risk-minded problem solvers who advise the business on the company’s regulatory obligations and enterprise risk. Our Compliance Program team is responsible for our overall program to ensure regulatory requirements are met within applicable jurisdictions and internal policies and procedures are followed.

About the Opportunity

This position involves leading the design, development and enhancement of transaction monitoring platforms and tools to enable operations, advance detection, and support compliance requirements. You will focus on horizon scanning for emerging trends, identify typologies, and leverage emerging technologies through partnership with the Compliance Data Science and AML Product teams so as to enhance our Transaction Monitoring Program; ensuring alignment with business needs compliance goals, and to drive compliance effectiveness. This role calls for a candidate to have prior Financial Crime Compliance knowledge and experience in financial services, FinTech and/or cryptocurrency industries, as well as data analysis of transaction monitoring rules.  

What You’ll Be Doing

• Responsible for testing/tuning existing rules, working closely with data science and product teams to provide feedback through continuous challenge and ongoing monitoring to improve existing and develop improved rules.
• Conduct horizon scanning, research and risk analysis to stay up-to-date on industry trends and advancements, leading to further development of appropriate transaction monitoring rules through precise typology identification.
• Responsibile for change management framework and working with relevant stakeholders for implementation approvals. Work closely with key stakeholders to fully understand and document transaction monitoring issues and changes.
• Work closely with stakeholders, including compliance and legal teams, to ensure that our product meets all regulatory requirements and standards and issues are resolved timely, supporting policies, procedures, and guidelines on AML transaction monitoring alerts and rule settings
• Apply strong technical experience and knowledge of both fiat and crypto transaction monitoring systems, to the development and enhancement of relevant typologies, rules & scenarios, and red flags
• Apply regulatory and AML/CTF compliance expertise to identify opportunities for program enhancement and to collaborate with cross-functional stakeholders to implement sustainable solutions.
• Work across multiple lines of business to lead complex projects, including large scale data analytic efforts that require high attention to detail and accuracy, while managing competing priorities.

 

What We Look For In You

• 8+ years experience in financial services, FinTech, or cryptocurrency industries.
• Knowledge and understanding of financial services regulation, compliance policies, standards, and procedures.
• Deep knowledge of emerging technologies used to mitigate financial crime risk, in particular AI and machine learning.
• Strong analytical and research skills, with significant experience in drafting compliance related documentation and reporting to cross-functional stakeholders
• Analytical and metrics-driven mindsight to create substantiated solutions
• Strong writing and oral communications skills
• Proven leadership and team management skills in dynamic, cross-functional environments.
• Self-motivated, critical thinker, organized, detail oriented, results driven, and adept at working independently and in a dispersed team environment covering multiple and varied tasks.
• Intuitive, highly ethical and comfortable to question and challenge.

 

Nice to Haves

• Knowledge with AML/CFT/Sanctions, money transmission regulations, and industry best practices.
• Prior experience working in a multi-national or matrix environment.
• CAMS or equivalent certification.
• Cryptocurrency experience is a plus.
• Experience applying data analytics concepts (i.e , querying, forecasting) to identify emerging trends and issues.

 

Perks & Benefits

• Competitive total compensation package
• L&D programs and Education subsidy for employees' growth and development
• Various team building programs and company events
• Wellness and meal allowances
• Comprehensive healthcare schemes for employees and dependants
• More that we love to tell you along the process!

  OKX Statement: The salary range for this position is $176,000 to $261,000. The salary offered depends on a variety of factors, including job-related knowledge, skills, experience, and market location. In addition to the salary, a performance bonus and long-term incentives may be provided as part of the compensation package, as well as a full range of medical, financial, and/or other benefits, dependent on the position offered. Applicants should apply via OKX internal or external careers site.   OKX is committed to equal employment opportunities regardless of race, color, genetic information, creed, religion, sex, sexual orientation, gender identity, lawful alien status, national origin, age, marital status, and non-job related physical or mental disability, or protected veteran status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider employment-qualified applicants with arrest and conviction records.   #LI-SHONE #LI-REMOTE #LI-SHONE #LI-HYBRID Apply