Customer Due Diligence Associate

The Customer Due Diligence Associate is responsible for carrying out customer due diligence and compliance tasks for clients onboarded to the Malta and UK entities of FalconX Ltd, within the Compliance function.

Responsibilities

Lead the customer due diligence refresh cycles of existing clients; Review customer due diligence files and ensure documents are kept up to date; Conduct enhanced due diligence (EDD) for high-risk clients; Monitor for sanctions, adverse media, and politically exposed persons (PEPs); Discount screening hits with well-documented rationale; Assist in the financial instrument test for new tokens and carry out sanctions screening; Coordinate EDD committee meetings and serve as secretary; Review and coordinate responses to inbound due diligence requests from partners; Carry out due diligence on banks, liquidity providers and other counterparties; Analyze complex transactions, due diligence documentation and customer financial statements; Assess transaction monitoring alerts; Provide guidance on customer due diligence and screening processes; Assist in delivering training to staff and Level 1 Operations within the India team; Extract data and contribute to automated data extraction processes; Support Board and regulatory reporting and respond to regulator and auditor information requests; Support Malta/EU Financial Crime Compliance with ad hoc AML risk control projects and management reporting

Requirements

2 to 3 years of experience in a compliance role, ideally within a crypto asset service provider, a financial institution, a consultancy firm, or regulatory body; relevant qualification in financial services or compliance is required; strong verbal and written communication skills, sound judgment, and analytical abilities; follow-up skills and the ability to communicate clearly and promptly; team player skills with a genuine interest in digital assets and blockchain technology; enthusiasm for continuous learning and a willingness to explore new frontiers in technology and compliance; ability to perform well under pressure; ability to use artificial intelligence (AI) tools to enhance productivity; flexibility in working hours to support global operations across time zones

Nice to have

familiarity with the operations of the crypto, investment, or banking sectors