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When you work with the world's most innovative companies, you know you're making a difference.

Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

Job Description

SVB's First Line of Defense BSA/AML team is responsible for identifying, investigating and monitoring relationships that pose a money laundering or terrorist financing risk in support of all legal and regulatory requirements relating to anti-money laundering (AML) and counter terrorism financing.

As a Cryptocurrency Analyst, you will be a part of SVB's First Line of Defense BSA/AML Team tasked with ensuring that crypto-related activity within SVB is compliant with SVBs Risk Appetite, and any/all applicable regulations and guidelines. You will be overseeing, coaching, and improving the quality of professionals responsible for execution of our AML, Cryptocurrency and High-Risk Reviews. You will build, develop, improve processes, and coach those around you.

You will interact with peers and risk professionals, all levels of management, and other internal or external constituents to deliver comprehensive views on investigative and intelligence matters and represent reasoning of case disposition on behalf of your team. It will be critical for you to stay current with cryptocurrency developments, policy changes, seek ways to enhance current processes and controls, and communicate with your peers and partners.

Job Description:
As a Cryptocurrency Analyst, your responsibilities include:

• Establishing a program for the review and approval of client relationships that meet SVBs high risk business categories.

• Provide expertise in assessing prelaunch or emerging business models to align with internal requirements for enhanced due diligence and approval.

• Serve as the Point of Contact for Commercial Bank Relationship and aid in identification of prospects & existing clients that may have increased AML risk due to business model

• Leads and champions efforts on identifying and managing existing and emerging risks identified through reviews, and ensuring these risks are effectively assessed, communicated, and controlled

• Serves as a SME on high-risk, complex, and crypto reviews providing recommendations based on industry best practices and regulatory/compliance standards.

• Identifies and communicates opportunities to automate/streamline quality and compliance efforts.

Job Requirements:

• A Bachelor's degree in Writing, Analysis, Finance, Legal, Criminal Justice or a comparable field or equivalent work experience

• Proven knowledge of international and regional Anti-Money Laundering and Sanctions regulations and guidance such as Bank Secrecy Act (US) and US Patriot Act

• Minimum of 3-5 years' experience conducting, or supervising research and investigations related to Anti-Money Laundering, Suspicious Activity Reporting, Customer/Enhanced Due Diligence investigation

• Interact with peers and financial crimes risk professionals, all levels of management, and other internal or external constituents to deliver comprehensive views on investigative and intelligence matters and represent reasoning of case disposition
  
  

Competencies:

• Crypto-specific investigative work experience is preferred

• Experience with data query and analysis skills (including SQL, SAS, Teradata, Hadoop, etc.) is preferred

• Experience in leading Suspicious Activity Reporting or Specialized Investigative Teams4

• Ability to work independently with minimal direction and to meet deadlines

• Ability to work collaboratively with peers and leaders to attain common goals

• Ability to communicate effectively both in writing and orally, in person and by telephone, with all levels of the organization.

• Strong instructing and advising skills

Essential Functions

• Assist the clients/prospects to ensure compliance with SVBs high risk requirements.

• Assist with internal ongoing due diligence review escalations regarding client matters.

• Provide training, advice, and guidance to the Commercial Bank teams.

Knowledge

• Demonstrate strong knowledge of financial crimes risks and the prevention and mitigation processes and controls.

Strong knowledge of control frameworks and the ability to design and evaluate effectiveness of controls embedded within business processes.

Strong understanding of the compliance and regulatory frameworks that apply to financial institutions with an emphasis on FinCEN regulations and FFIEC guidelines.

Ability to assess compliance programs, processes, controls.

Skills

• Ability to work independently, take initiative and have strong verbal and written communication skills.

Good time management and attention to detail are critical to this position.

Good analytical, research, organizational, and project management skills.

Strong individual contributor with the ability to work effectively as a team.

Flexibility in learning new topics, handling change and deadlines.

Must possess a bachelor's degree in Business Administration, Accounting, Finance or equivalent. MBA or MS a plus.

Strong understanding of requisite Microsoft Office applications and ability to learn new internal systems quickly.

Education and Experience

Minimum of 3-5 years of banking, investment, risk management, or audit experience with a minimum of 3 years of experience related to KYC and EDD for financial crimes or compliance management processes.

2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group (Nasdaq: SIVB).

Equal Employment Opportunity

Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.

Silicon Valley Bank UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.