AML/CFT & Fraud Analyst

About Bitstack

It all started with an idea in 2021. Initially built to democratize Bitcoin in France, Bitstack has gone from a simple product that invests spare change in bitcoin, to a crypto-native bank bringing a better way to save, spend, and grow money to our 300K+ users. We want to rebuild finance from the ground up to empower people to achieve financial freedom by participating in a more open and inclusive financial system. We’re a small, ambitious team of operators. We believe in moving fast, sweating the details, and creating products people truly love. At Bitstack, you’ll have the opportunity to shape not just our products, but the culture and practices of our entire organization. Bitstack is backed by YC, leading VCs like 13books Capital, Stillmark, Serena, and many more. We are building a product our users love and we are just getting started!

The Role

Bitstack is a crypto-asset service provider authorised under the MiCA Regulation. As such, we are subject to strict requirements relating to anti-money laundering (AML), counter-terrorist financing (CTF) and fraud prevention.

As part of the Compliance team, you will contribute to the day-to-day implementation of our compliance framework. You will review alerts and customer cases across three key areas: transaction monitoring, screening and KYC.

What You'll Be Doing

1. Transaction Monitoring (Fiat & Crypto)

• Analyse and investigate transaction monitoring alerts across euro payment flows (card payments and SEPA transfers) and crypto flows (on-chain deposits and withdrawals).

• Examine transaction patterns, counterparties and wallet exposure to assess each alert and determine whether it is a false positive or should be escalated.

• Detect fraudulent activity, including payment fraud, account takeovers and scams targeting our users.

• Document your findings and, where appropriate, prepare the supporting information for a suspicious activity report to TRACFIN, the French financial intelligence unit.

• Contribute to improving detection scenarios and monitoring alert metrics.

2. Screening: PEPs, Sanctions & Adverse Media

• Review screening alerts and determine whether a match is genuine or a false positive.

• Implement enhanced due diligence measures for politically exposed persons (PEPs), including checks on the source of funds and source of wealth.

• Escalate confirmed matches against sanctions lists or adverse media findings in accordance with internal procedures.

3. KYC (Know Your Customer)