Senior Manager, Markets Global AML Program

About Figure Markets

Figure Markets is democratizing finance through blockchain. We’re building the exchange for everything - a decentralized custody marketplace for crypto, stocks, bonds, credit and more. We’re bringing best in class leverage, margining and liquidity to our exchange, while offering our members extensive borrowing options and unique investment opportunities.

Figure Markets is built on the Provenance Blockchain, and we use its native token, Hash, on the exchange. Provenance Blockchain embodies truth over trust, and provides a foundation for Figure Markets to bring transparency and efficiency in a decentralized world.

Figure Markets is backed by leading venture capital firms and strategic partners, including Jump Crypto, Pantera, Distributed Global, Faction Lightspeed, NewForm Capital and CMT Digital. Figure Markets was founded by a seasoned team of entrepreneurs and operators from tradfi, fintech and defi, including Mike Cagney and June Ou.

The Team

The Figure Markets AML compliance team plays a vital role in ensuring that financial crime risk is appropriately managed across Figure Markets’ US and global operations with the collaboration of our passionate and dynamic subject matter experts.

The team operates in constantly evolving financial services, blockchain and virtual assets industries while ensuring, at all times, that financial crime risk management remains a key driver as we expand and scale our market leading proposition and services globally.

As the Global AML Program Senior Manager, you will be responsible for providing guidance, training, and supervisory support, acting as an escalation point, applying policy and procedure updates and supporting the implementation of new systems and controls across Figure Markets.

The ideal candidate must be willing to operate in a dynamic and fast paced environment, have experience working in financial services, possess a solid understanding of AML/CTF and Sanctions requirements applicable to various financial products, such as banking, virtual assets and securities, and have the ability to help scale our rapidly growing AML/CTF and Sanctions Program.

What You’ll Do

Support and drive the global AML governance and strategy program, including overseeing the implementation of new processes, tools and systems

Own, develop and execute the Figure Markets global investigations strategy including managing, developing, and leading high performing investigations across all Figure Markets jurisdictions globally (including US)

Oversee the Quality Assurance (“QA”) Program focused on KYC/CDD, EDD, PEP/sanctions screening, AML alerts investigations, SAR/no SAR decision and filings, rejected/blocked sanctions reporting, and other compliance workstreams, as well as providing appropriate oversight of shared and/or outsourced services

Provide Governance support, including tracking and reporting of internal and external identified issues; creation, update and maintenance of policies, procedures, and other governing documentation; and acting as cross-functional liaison to teams outside AML/Sanctions compliance

Assist in executing the AML/Sanctions Risk Assessments at the global and subsidiary levels through defining the methodology and framework, gathering data, assessing risks and control effectiveness, and determining residual risk.

Own, develop and enhance AML/CTF and Sanctions Training to ensure alignment to each Figure Markets subsidiary both in the US and globally

Work with the Product, Business, Legal, and Compliance teams in identifying financial crime considerations in ideation, design, development, testing, and launching of new products/services

Act as a compliance subject matter expert advising on AML/CTF and Sanctions matters, including monitoring and staying current with applicable regulatory requirements, industry developments, and best practices

Support regulatory filings, exams, and inquiries, as well as periodic audits

Support reporting to internal (board, committee and executive management) and external (banking partners) parties, including responding to requests for information

The role will also work with Figure Markets’ country MLROs

Work within a complex and evolving environment, to improve delivery of solutions while affecting cultural change

What We Look For

8+ years of AML/CTF and Sanctions compliance experience

Detailed knowledge of global AML/CTF and Sanctions risks and regulations (e.g., BSA, FinCEN CDD Rule, Sanctions, USA PATRIOT Act, 4MLD, etc.)

Experience developing training programs

Clear and concise communication, both written and verbal

Contribute to the development of new compliance programs, strategies, or work processes

Support the end-to-end completion of assigned action plans

Bachelor’s degree or equivalent experience

Ability to multi-task and thrive in a fast-paced startup environment

Easily able to collaborate with team members of all levels in order to form strong working relationships

Effectively communicate AML/CTF and Sanctions obligations to various teams and stakeholders in order to help them collectively meet growth initiatives, but also remain regulatorily compliance

Strong work ethic and high attention to detail

Nice To Haves

CAMS or equivalent designation

Keen interest or knowledge of virtual assets, blockchain, DeFi and/or trading systems.

Familiarity with money transmission and/or securities laws and regulations as it relates to AML/CTF and Sanctions is a plus

Professional qualification preferred

Benefits and Perks

Competitive salary and growth opportunities

Company quarterly performance based bonus

Equity stock options package

Employer funded comprehensive health, vision, dental insurance and wellness program for employees and their dependents

Employer funded life and disability insurance coverage

Company HSA, FSA, Dependent Care, 401k, and commuter benefits

Up to 12 weeks paid family leave

In office, remote, and hybrid work location options

Home office and technology stipend for those working outside of a traditional office more than 75% of the time

Flexible time-off plan to empower employees to take the time off that they want and need

Continuing education reimbursement

Routine Team swag deliveries!

For CO, NY, CA and WA residents, the salary range for this position is $123,200 - $154,000/year. Actual compensation may vary based on individual candidate experience and location.

Depending on your residential location certain laws might regulate the way Figure manages applicant data. California Residents, please review our California Employee and Prospective Employee Privacy Notice for further information. By submitting your application, you are agreeing and acknowledging that you have read and understand the above notice.

Figure will not sponsor work visas for this position. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.