Compliance Analyst (Transaction Monitoring) - New York

Compliance Analyst (Transaction Monitoring) - New York

About Us
Sokin is a next-generation B2B financial services provider, enabling businesses to make and receive global payments with greater speed, lower cost, and total transparency.
Our mission is simple: we’re simplifying global business - so businesses thrive wherever they choose to grow. We deliver services across:

• Global payments and receivables

• Foreign Exchange (FX)

• Treasury management

• Finance reconciliations

We are rapidly expanding, with established presence in EMEA, APAC, and North America, backed by a strong global infrastructure and industry-leading partners, we are redefining how businesses move money worldwide.

Our clients span industries from sports and entertainment to logistics and travel, and our community is growing rapidly. As we continue to expand, we’re building a team of exceptional people who share our ambition to transform the future of global payments.

Key Focus & Responsibilities of the Role

• Review and investigate transaction monitoring alerts across relevant products and payment channels, including fiat payments and virtual currency transactions where applicable.

• Assess customer activity against the customer’s business profile, expected transaction volumes, source of funds and stated purpose of transactions.

• Identify unusual patterns, inconsistencies and financial crime indicators, including structuring, rapid movement of funds and unexplained third-party payments.

• Review sanctions and Politically Exposed Person (PEP) screening alerts, documenting findings and escalating potential matches appropriately.

• Conduct virtual currency wallet address and transaction screening using third-party blockchain analytics tools, and review relevant Travel Rule information where applicable.

• Prepare clear, concise requests for information and supporting documents, specifying response deadlines and tracking outstanding requests.

• Document investigations, supporting evidence, risk assessments and recommendations in the relevant case management systems.

• Escalate suspicious activity, material risks and unresolved concerns to the Transaction Monitoring Manager or MLRO in accordance with internal procedures.

• Support the preparation of Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs), subject to review and approval.

• Recommend appropriate action, including enhanced monitoring, further due diligence or transaction restrictions, within the role’s authority.

• Work collaboratively with Compliance, KYC, Operations and Customer Support to resolve cases and communicate information requests appropriately.

• Maintain accurate records and trackers, meet investigation deadlines, and apply feedback from quality assurance reviews.

• Identify recurring issues and contribute to improvements in monitoring rules, procedures and reporting.

Required Skills & Experience

• Experience in transaction monitoring, AML investigations, financial crime compliance or a related role within banking, payments, fintech or a money services business.

• Working knowledge of anti-money laundering and counter-terrorist financing requirements, sanctions screening, customer due diligence and suspicious activity escalation.

• Strong analytical skills, with the ability to interpret transaction data, identify unusual patterns and distinguish relevant facts from unnecessary detail.

• Clear written communication skills, including the ability to produce concise investigation summaries and evidence-based recommendations.

• Strong attention to detail, sound judgement and the confidence to raise concerns or seek guidance when needed.

• Good organisational skills, with the ability to manage multiple investigations, prioritise risk and meet deadlines.

• Effective interpersonal skills and the ability to collaborate across teams while handling sensitive information confidentially.

• Proficiency in Excel or similar spreadsheet tools and experience using transaction monitoring or case management systems.

• A relevant degree, professional qualification or equivalent practical experience.

Please note, candidates will need to have the right to work in the jurisdiction that they are looking to work in.

Sokin is an equal opportunities employer and committed to maintaining an inclusive work environment. As a growing global startup with bases across multiple countries, we were established on and continue to promote an agile, flexible working culture. Please reach out to discuss any accommodations you may require during the recruitment process.