Xapo Bank

Corporate Onboarding Specialist (Remote - Work from Anywhere)

Gibraltar

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Banking, FintechIndustries

Position Overview

  • Location Type: Remote
  • Job Type: Full-time
  • Salary: Not specified
  • Description: Xapo Bank is seeking an experienced Corporate Onboarding Specialist to build and execute anti-financial crime strategies for its corporate clients. This role involves developing relevant processes and conducting in-depth reviews of business customers throughout their lifecycle, ensuring compliance with AML regulations and internal policies. The specialist will be part of the Anti-Financial Crime (AFC) team, collaborating with analysts focused on onboarding, fraud, AML, PEP & Sanctions, and transaction monitoring. This is an opportunity to build a career in a growing, mission-driven company for individuals passionate about Bitcoin and financial crime prevention.

Requirements

  • Bachelor’s degree in finance, law, business, economics, accounting, criminology, or a related field.
  • 3+ years of experience in KYB (Know Your Business), AML (Anti-Money Laundering), or Compliance.

Responsibilities

  • Design, build, and refine KYB workflows, policies, training, and documentation.
  • Conduct KYB onboarding, risk assessments, and periodic reviews of business customers, ensuring compliance with AML/CFT regulations and internal standards.
  • Review corporate documentation and analyze business structures, ownership, source of funds/wealth, and nature of business operations to verify identities and assess risk.
  • Collaborate with Product, Engineering, and Data teams to improve onboarding and monitoring processes.
  • Identify and investigate red flags during onboarding and ongoing transaction monitoring.
  • Review screening alerts (Sanctions, PEPs, Adverse Media) for businesses and associated individuals.
  • Maintain detailed case records, ensuring decisions are well-documented and auditable.
  • Escalate complex or high-risk cases to senior AFC members for further assessment.
  • Draft and file internal Suspicious Activity Reports (iSARs) and support regulatory filings as required.
  • Work collaboratively within a global, cross-functional team, ensuring high-quality output and consistency in decisions.

Company Information

  • Company: Xapo Bank
  • Mission: To foster a world that enjoys economic freedom and wealth protection, irrespective of geographical location or political stability.
  • Work Environment: A fully distributed team of over 140 Xapiens working remotely from 40+ countries, with headquarters in Gibraltar.
  • Diversity: Diversity is a core value of the company.
  • Risk Management: The company emphasizes sound risk management to serve customers and deliver shareholder value.

Skills

KYB
AML
Compliance
Risk Assessment
Customer Due Diligence
Transaction Monitoring
Screening (Sanctions, PEPs, Adverse Media)
Process Design
Policy Development
Documentation
Collaboration with Product, Engineering, Data teams

Xapo Bank

Digital banking platform for cryptocurrency management

About Xapo Bank

Xapo provides digital banking services that focus on managing and storing money using Bitcoin and other cryptocurrencies. The platform allows users to buy Bitcoin, store it securely in ultra-secure Vaults, and manage their funds easily through a user-friendly app. Xapo is designed for both individuals and businesses, offering a fast and secure way to send and receive money globally, making it particularly useful for cross-border transactions. Unlike traditional banks, Xapo emphasizes high-security measures and accessibility, catering to users in both developed and developing countries. The company's goal is to democratize money and empower people by breaking down financial barriers and creating new opportunities for everyone.

Palo Alto, CaliforniaHeadquarters
2014Year Founded
$38.9MTotal Funding
ACQUISITIONCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Fully remote
Flexible schedule
Flexible PTO
Learning & development budget

Risks

Regulatory scrutiny on stablecoins could impact Xapo's operations.
Bitcoin's volatility may affect Xapo's customer base and transaction volumes.
Reliance on the Lightning Network could pose challenges if technical issues arise.

Differentiation

Xapo Bank offers a unique combination of Bitcoin wallet and cold storage vault.
It is the first licensed bank to integrate USDC and USDT payment rails.
Xapo Bank provides near-instant Bitcoin payments through Lightning Network integration.

Upsides

Integration with SEPA expands Xapo's Euro transaction capabilities in Europe.
The 'Stocks' feature offers new investment opportunities, enhancing user engagement.
Xapo's stablecoin services appeal to users in emerging markets seeking banking alternatives.

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