Finrax is a crypto payment gateway that enables institutional clients to accept cryptocurrency payments from their retail users (B2C) and business clients (B2B).

Our clients can process deposits and withdrawals in the most popular cryptocurrencies without worrying about volatility, hidden fees, or unfair exchange rates. We also solve the hurdles around accounting and compliance so that you can run your business the traditional way.

Finrax is a licensed entity, and it fully adheres to the AML/KYC requirements prescribed by the AML Act and FATF recommendations. Each business entity where Finrax does business needs to pass enhanced due diligence procedures before any business operations. In addition, Finrax monitors each incoming and outgoing transaction in real-time to prevent illicit behaviour.

We are looking for a KYC/AML Specialist who will take ownership of the daily client monitoring and due diligence, from onboarding to analyzing transactions and ensuring proper client communication.

The onboarding process includes conducting a KYC, enhanced due diligence of Finrax’s legal customers, collecting all the necessary documentation from the clients, and collecting external data. In the role, you will be reviewing registries, business databases and documentation provided by the customers. You will take responsibility for performing background checks, undertaking research, document checks, and financial crime risk assessment via internal and external sources. Since you will provide guidance and assistance to the clients regarding the onboarding process you have to possess excellent communication skills and be service minded.

You will also be analyzing incoming and outgoing transactions in order to detect money laundering activities and provide sufficient information and report these activities, if any, to the Money Laundering Reporting Officer to make an informative decision to accept or reject such transactions.

The KYC/AML Specialist will ensure that Finrax is compliant with the established AML policies, national and international regulations, and company´s guidelines. Together with the team you will be responsible for reconciling and updating the guidelines on a continuous basis and contribute to the automation of the client onboarding process and ongoing monitoring by offering ideas/suggestions for further IT development.

• 2+ years experience in a Compliance related function, preferably in a financial institution;
• Good knowledge of Estonian Law on the Prevention of Money Laundering and Terrorist Financing
• High level of integrity maturity, ability to handle sensitive and confidential information with discretion
• Hard working, systematic and consistent personality, ability to work well under pressure and meet deadlines
• Excellent written and verbal communication skills in English.

Please apply with a CV and Cover Letter in English.