Senior Compliance Analyst, Sanctions Advisory
at okx
okx
Posted on Dec 17, 2024
costa-rica
united-states

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 Opportunity

The Sanctions Advisory team is a key part of our global compliance framework, ensuring that our business adheres to complex and evolving sanctions regulations across multiple jurisdictions. We are responsible for staying ahead of regulatory developments, providing critical decision-making support on escalated alerts, and offering advisory services to various departments within the company. Our team collaborates closely with other compliance functions, legal, engineering, and business units to implement effective sanctions controls and mitigate risks. We foster a collaborative, knowledge-sharing environment where each team member plays a vital role in strengthening the organization’s sanctions compliance capabilities.

What You’ll Be Doing

  • Sanctions Monitoring & Review: Keeping up-to-date with OFAC, UN, EU, and other global sanctions developments and advising on the impact on internal policies, procedures, and standards.
  • Level 2 Escalation & Decision-Making: Providing expert-level analysis and making decisions on sanctions alerts escalated from Level 1 teams, including those flagged by blockchain analytics and name screening tools.
  • Advisory Services: Acting as a subject matter expert by offering guidance to various business units and functional teams on complex sanctions compliance matters.
  • Reporting: Preparing and submitting required filings to regulatory authorities.
  • Training & Awareness: Developing and delivering training programs to sanctions operations teams and other stakeholders on sanctions regulations and updates.
  • Policy & Procedure Development: Assisting in drafting, updating, and maintaining sanctions-related policies and procedures to ensure alignment with regulatory requirements.
  • Investigations: Leading or supporting investigations into potential sanctions issues and escalating to senior management or relevant authorities as needed.
  • Cross-Functional Collaboration: Working closely with other departments such as legal, risk, and operations to ensure that sanctions compliance controls are consistently implemented.
  • Continuous Improvement: Identifying and implementing process improvements for sanctions compliance, including enhancements to screening tools and alert management.

What We Look For in You:

  • Strong experience in sanctions compliance within banking, fintech, or other financial services.
  • Deep knowledge of OFAC regulations, with some experience working with international sanctions (EU, UN, HMT, etc.).
  • Experience in managing escalated sanctions alerts using screening tools and blockchain analytics tools.
  • Strong analytical and decision-making skills, especially in a high-pressure environment.
  • Excellent communication skills (written and verbal), with a proven ability to train and collaborate with cross-functional teams.
  • Bachelor’s degree in Law, Finance, Compliance, or a related field (or equivalent experience).
  • Ability to translate complex sanctions regulations into actionable steps and ensure compliance with regulatory requirements.

Nice to Have:

  • Familiarity with blockchain and crypto-related sanctions compliance.
  • Relevant certifications such as CAMS (Certified Anti-Money Laundering Specialist) or CGSS (Certified Global Sanctions Specialist).
  • Prior experience with sanctions risk assessments and reporting within international financial institutions.
  • Experience in developing or enhancing sanctions screening tools or automation processes.
  • Demonstrated ability to work independently and lead investigations or projects.

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 dependents
 
OKX Statement:
The salary range for this position is $100,000 to $152,000. 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.
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