Specialist, Global KYC & Due Diligence

THE WORK:

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 YOU'LL BRING: 

• 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