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Charles Schwab · 12 hours ago

Manager, Digital Assets Surveillance and Investigations

Orlando, FL

Full-time

Hybrid

Mid, Senior Level

5+ years exp

Charles Schwab is a company focused on transforming the finance industry through innovative thought and problem solving. They are seeking a highly qualified AML professional to execute the AML Surveillance Transaction Monitoring Program related to digital assets, providing subject matter expertise and training to team members while enhancing the effectiveness of the BSA/AML Program.

Financial Services

No H1B

Responsibilities

Execute all essential Digital Asset AML Surveillance functions with a high degree of proficiency, demonstrating mastery of all crypto AML surveillance scenarios and the capability to handle our most complicated reviews

Serve as a subject matter expert for surveillance reviews of digital asset activity, which includes on-chain research techniques, blockchain analytics best practices, evolving crypto financial crimes trends, emerging regulatory requirements, and developments in the DeFi/Web 3 ecosystem

Facilitate new hire onboarding and cross training of surveillance analysts on the AML Surveillance Team, acting as the primary point of contact for new hires and existing analysts concerning digital asset alert handling inquiries and delivering performance feedback

Influence the culture, expectations, standards and processes in addition to serving as a leader of the new Digital Assets AML Surveillance function

Understand the needs and vulnerabilities of the BSA/AML Digital Assets Program to provide recommendations to strengthen the effectiveness of Schwab’s overall BSA/AML Program, including systems, vendor tools, workload management efforts, and process improvement initiatives

Conduct demonstrations of digital assets surveillance processes and systems for business partners, internal testing teams, auditors, and regulators

Perform Quality Control of surveillance alerts and deliver constructive feedback to associates

Contribute to cross-functional projects focused on enhancing process efficiency and developing new surveillance scenarios

Support the preparation of AML related reports and presentations for senior leadership and regulatory agencies

Support management in researching audit, exam, and testing inquiries

Assist with updating job aids and procedure documents

Demonstrate Schwab core values within the Financial Crimes Risk Management department

Qualification

BSA/AML lawsDigital asset experienceBlockchain analytics toolsCrypto AML typologiesAnalytical skillsTrainingDigital asset regulationsMentoringBanking products knowledgeDecision makingProblem solving

Required

Minimum of five years of experience in the financial services industry with a deep understanding of BSA/AML laws, regulations, and practices

2+ years of experience working in the digital asset space

Intimate knowledge of the greater digital assets ecosystem, including cryptocurrencies, stablecoins, and decentralized finance (DEXs/DApps/bridging/swapping/staking/lending)

Significant experience with blockchain analytics tools (e.g., TRM Labs, Elliptic, Chainalysis) and conducting reviews of digital asset activity using these products

Thorough understanding of crypto AML & fraud typologies such as peel chains, mixers/privacy wallets, “Pig Butchering” scams, romance scams, use of DeFi protocols to obfuscate prior activity, address poisoning, crypto dust, and more

Knowledge of fraud or elder financial exploitation policies, regulatory requirements, red flags and trends within brokerage and banking industries preferred

Excellent analytical skills, with the ability to collect, organize, and analyze data with diligence and accuracy

Experience hiring, training, and mentoring new and experienced associates

Passionate about the digital assets ecosystem and experience with using crypto

Strong comprehension of evolving digital asset regulations and compliance requirements, both nationally and internationally

Firm grasp of AML/BSA policies, regulatory requirements, and trends within the brokerage and bank industries

Proven decision making and organizational skills

Demonstrated initiative and creativity in problem solving

Deep understanding of various banking and/or brokerage products

Ability to work well under pressure, demonstrate flexibility, and stay motivated in a repetitive work environment

A bachelor's degree or equivalent work experience in the brokerage, bank, and/or AML industries, fraud investigation and prevention, elder financial exploitation