BSA Officer at Anchorage Digital - Apr 24

< Back to results

Anchorage Digital logo
This job post has now expired. Please see the other Anchorage Digital jobs available.
Job Overview

As the first ever nationally chartered digital asset bank, we are seeking a BSA Officer who will help Anchorage Digital design, build, implement, and administer a BSA/AML and Sanctions Compliance Program tailored for the digital asset industry. The BSA Officer will be joining the senior leadership team within the Bank to drive innovative processes and solutions to ensure full compliance with BSA/AML regulations.

As BSA Officer you will:

  • Develop, maintain, and enhance BSA/AML and OFAC sanctions compliance program that is aligned with the Bank’s business and risk parameters, is consistent with industry standards, and meets regulatory expectations.
  • Develop thorough understanding of the business, risks, and processes with respect to AML and sanctions compliance and monitor the regulatory environment for emerging legislation and policy statements, along with industry trends, market developments, and best practices relating to sanctions compliance.
  • Work with the Sanctions Lead to maintain an appropriate and sound OFAC compliance program for the Bank’s U.S. operations to help ensure that the Bank is adhering to relevant federal and state laws and regulations.
  • Direct the development and implementation of policies, procedures and controls across the
  • Organization; taking appropriate and swift action in amending existing policies, procedures, practices, training, and other controls in response to changing regulatory requirements and regulatory expectations.
  • Provide regular reports and communication on the state of the program to senior management and the Board of Directors.
  • Work with the Sanctions Lead to ensure that sanctions screening is comprehensive, that alert review/escalation/decision processes are in place, that there are appropriate procedures for screening high-risk customers, and that lists used in screening are appropriate and current.
  • Ensure any required regulatory reporting is submitted in a timely manner.
  • Ensure that information regarding AML and sanctions violations is effectively communicated to senior management and appropriate regulatory authorities in a timely manner.
  • Develop and deliver appropriate risk-based training programs for personnel.

You may be a fit for this role if you have:

  • ACAMS or similar industry certification (required)
  • Minimum 15 years of experience with BSA/AML and sanctions compliance at a U.S. banking institution.
  • Prior experience with interacting with senior management in a BSA/AML leadership role.
  • Advanced knowledge of BSA/AML and OFAC sanctions regulations, particularly as they relate to trust operations and crypto currency.
  • Aptitude to collaborate and work well with internal and external stakeholders
  • Demonstrated success operating in a fast-paced environment, as well as under situations without clear structure
  • Capacity to prioritize effectively and multitask as necessary.
  • Experience with blockchain analytics tools

Although not a requirement, bonus points if:

  • You were emotionally moved by the soundtrack to Hamilton, which chronicles the founding of a new financial system. :)

More Jobs at Anchorage Digital


Anchorage Digital Overview

Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the first federally chartered crypto bank in the US, Anchorage Digital offers institutions an unparalleled combination of secure custody, regulatory compliance, product breadth, and client service.

Website Twitter LinkedIn Job Archive

Anchorage Digital Jobs by Location

Check below to see all of the open Anchorage Digital jobs organised by office location.

Anchorage Digital Jobs by Team

Check below to see all of the open Anchorage Digital jobs organised by team.

Latest Crypto Blog Posts

From Blockchain To Bureaucracy: Web3 Vs Civil Service Jobs


In recent years, the job market in the UK has seen a significant evolution with the emergence of Web3 jobs alongside traditional roles in the Civil Se...

Posted by Jane Lepson · 4th November 2023 12:53 PM

The Role Of Cryptocurrency In Decentralized Digital Identity Solutions


Cryptocurrency, often associated with financial transactions and investments, has an important role to play in the development of decentralized digita...

Posted by Jackson Matlock · 2nd August 2023 12:14 PM

The Impact Of Cryptocurrencies On The Aerospace And Defense Industry: A New Era Of Innovation


Cryptocurrencies have been a game changer for the financial industry, but their impact is now being felt in other sectors as well. One such sector is ...

Posted by Jackson Matlock · 2nd August 2023 05:38 AM

Understanding Cryptocurrency Trading Regulations: Compliance And Legal Considerations


Cryptocurrency trading has become increasingly popular over the years, but it has also come under increased scrutiny from regulators and lawmakers. Un...

Posted by Sean Lakers · 1st August 2023 11:31 AM

Cryptocurrency And The Medical Industry: A New Era Of Patient Care And Innovation


Cryptocurrency and blockchain technology have been making waves in the finance industry for some time now, but their potential applications outside of...

Posted by Tommy Layton · 31st July 2023 01:38 AM

The Role Of Cryptocurrency In Decentralized Finance (DeFi) Derivatives Markets


Decentralized finance (DeFi) is an emerging sector in the cryptocurrency industry that is rapidly gaining traction. DeFi aims to provide an alternativ...

Posted by Tommy Layton · 30th July 2023 11:38 AM

The Impact Of Cryptocurrencies On The Media And Entertainment Industry: A New Era Of Creativity


The Rise of Cryptocurrencies in the Media and Entertainment Industry The rise of cryptocurrencies has not only revolutionized the financial industry ...

Posted by Ramon Cretlin · 30th July 2023 04:40 AM

Understanding Cryptocurrency Trading Platforms: From Centralized To Decentralized Exchanges


Cryptocurrency trading platforms have revolutionized the way we buy, sell, and exchange digital currencies. These platforms come in different forms, i...

Posted by Jane Lepson · 30th July 2023 07:26 AM

Cryptocurrency And The Consumer Goods Industry: A New Era Of Retail And Manufacturing


The consumer goods industry is on the verge of a major transformation, thanks to the rise of cryptocurrency. With blockchain technology enabling secur...

Posted by Ramon Cretlin · 27th July 2023 11:40 AM

The Role Of Cryptocurrency In Decentralized Intellectual Property Solutions


As the world becomes more digitized, intellectual property protection has become a more complex task. Intellectual property, including patents, tradem...

Posted by Jackson Matlock · 27th July 2023 12:14 PM