Global KYC & Due Diligence Specialist
Ripple is expanding its Global AML & Sanctions Compliance team and seeks to hire an experienced Due Diligence Specialist. This position will be heavily focused on carrying out due diligence to mitigate regulatory, reputational, and sanctions risks associated with Ripple’s institutional clients, counterparties, and corporate partners to ensure compliance with Anti-Money Laundering (“AML”), Counter-Terrorist Financing, Economic Sanctions regulations such as the Bank Secrecy Act (“BSA”) and USA PATRIOT Act. You will be part of our growing and agile Global Compliance team and responsible for providing due diligence reviews in support of business units throughout the company. This position reports to the Manager, Global KYC & Due Diligence.
What you’ll do:
Carry out the day-to-day corporate due diligence to support Ripple’s global business engagements.
Conduct Customer Due Diligence and EDD on prospective customers that onboard to Ripple’s U.S. and non-U.S. wholly owned regulated subsidiaries
Conduct Know Your Customer (“KYC”) analysis and risk profiles in accordance with policies and procedures.
Conduct watchlist and negative news screening and dispositioning tasks, escalating any items requiring additional attention.
Collect, synthesize, and analyze data derived from multiple sources, including publicly available databases and websites.
Identify information gaps and recommend action items to close any gaps identified.
Clearly summarize, document, and communicate findings and recommended action items in a timely manner to compliance management and/or other internal stakeholders when appropriate.
Perform periodic and ad-hoc due diligence reviews on customers based on their assigned risk scores.
Assist the Due Diligence Manager in special / ad hoc projects related to the due diligence program
What we’re looking for:
3-4 years of AML/OFAC/Sanctions screening experience
Demonstrated knowledge of AML and OFAC regulations, requirements, and tools
Strong public data research and report writing skills
Able to work autonomously while growing in a collaborative team environment
An attention to detail and a sense of curiosity
CAMS certification a plus
Fluency in additional languages a plus
FinTech or Crypto experience a plus
What we offer:
The chance to work in a fast-paced start-up environment with expert industry leaders
A learning environment where you can dive deep into the latest technologies and make an impact
Competitive salary and equity
100% paid medical and dental, and 95% paid vision insurance for employees starting on your first day
401k (with match), fully paid parental leave, commuter benefits
Generous wellness reimbursement and weekly onsite programs
Flexible vacation policy - work with your manager to take time off when you need it
Employee giving match
Modern office in San Francisco’s Financial District
Fully-stocked kitchen with organic snacks, beverages, and coffee drinks
Weekly company meeting - ask me anything style discussion with our Leadership Team
Team outings to sports games, happy hours, game nights, and more!
Who we are:
Ripple is doing for value what the internet did for information: enabling its instant and seamless flow around the world. We call this the Internet of Value (IoV). Using blockchain and cryptocurrency technology, Ripple is dedicated to creating powerful gains in financial efficiency, equity, and inclusion. In addition, Ripple is developing and enabling the future use cases that will catalyze the new digital economy for governments, businesses and consumers.