AML Analyst EEA

About Uphold

Uphold is now the fastest-growing private company in the San Francisco Bay Area, according to the San Francisco Business Times Fast Track 100, 2022.Uphold is pursuing a mission to democratize investments and payments for people and companies worldwide. Founded in 2014, the Silicon Valley company today has more than 8 million customers in over 150 countries with an impressive 50x increase in Mobile App downloads during the first quarter of 2020. A bridge between the old and new money systems, Uphold allows people to buy, exchange and send more than 100 currencies, cryptocurrencies, precious metals and equities instantly. An engineering-led company with a social inclusion agenda, Uphold provides a stimulating and challenging home for the brightest and best talent.

Uphold’s unique trading experience - ‘Anything-to-Anything’ - allows customers to trade directly between any supported asset or currency in one step - physical gold to Bitcoin, for example - saving both time and money. Uphold supports financial inclusion by enabling customers virtually anywhere to open an account in less than 5 minutes and to invest with no minimum amounts. Customers can send money to virtually anyone with an email address free of charge. 

To learn more, please visit https://uphold.com

The opportunity:

Uphold is looking for an AML Analyst to join our European compliance team. The main responsibility of this position will be reviewing and reporting attempted money laundering, terrorist financing and other financial crime. Your role will be to monitor and review customer activity, raising internal and external suspicious activity reports as needed, and to review and update customer due diligence information ensuring strict adherence to the firm’s KYC policies and Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) requirements. This is an incredibly exciting opportunity where you’ll support our team in protecting our business and customers from financial crime.

What you’ll be doing primarily:

• Complete CDD and EDD of customers both at onboarding stage and on an ongoing basis
• Conduct ongoing transaction monitoring to ensure the business is protected from financial crime
• Conduct investigations into customer accounts and file suspicious activity reports to the relevant FIU and regulatory authorities
• Investigate and report illicit activity to domestic and international law enforcement agencies and respond to incoming requests from external partners
• Handle fraudulent and otherwise suspicious activity escalations from the wider Uphold team and from external parties such as banking and industry partners
• Help us improve our transaction monitoring rules and suspicious activity escalation procedures
• Supporting the delivery of compliance training to new members of the department
• Helping with the development of new systems to improve efficiency
• Dig deep into data and identify trends with the aim to prevent future malicious activity
• Keep up to date with new laws and regulations that may affect Uphold and evaluate and advise on the impact of the changes
• Other duties and responsibilities as required or assigned

Required qualifications:

• Minimum 18 months working within the financial services industry
• Previous experience investigating and reporting suspicious activity internally and to FIUs and regulators, specifically the Lithuanian and other European FIUs
• In-depth knowledge of European AML and CTF legislation and reporting requirements
• Sound understanding of current fraud and AML typologies within financial services and the three lines of defence
• Good communication/interpersonal skills – written, verbal and excellent telephone manner with the ability to work with stakeholders at all levels
• Ability to work under pressure and meet deadlines
• Fluent written and oral Lithuanian and English skills

Bonus if you have:

• Previous experience working at a Fintech company, even better if you have experience in crypto
• Experience with blockchain analytics vendors, such as Chainalysis and Elliptic
• Additional European languages, specifically German or French
• Experience writing SQL and communicating the results
• Professional qualifications such as ACAMS, ICA etc.
• Fluency in cryptocurrencies or other digital assets as they are core to our business

What we have to offer you:

• A fun and collaborative work environment in a company that continues to grow, driven by extraordinary and passionate people that keep us innovating and challenging each day
• Competitive salary, ranging from EUR 25,000 - 32,000
• An international team in a cutting edge field
• A flexible and enthusiastic environment with work from home opportunities
• Growth and career opportunities and the chance to be proactive and creative
• Open and transparent culture - we get together on a regular basis to share updates, strategic plans, and engage with each other informally over (virtual) drinks
• Interesting events that keep you connected with the team and celebrate our success

Be part of a great company that is revolutionising financial services.

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.