Associate, Financial Crime Cash Funds, Digital Assets & Tokenization
Delaware Staffing, Wilmington, Delaware, us, 19894
Financial Crime Associate
BlackRock is a global leader in digital asset innovation, offering institutional clients access to advanced blockchain-based investment products. We are seeking a Financial Crime Associate to join BlackRock's U.S. Financial Crime Compliance team, based in Wilmington, DE, supporting the implementation of the firm's financial crime framework across cash funds, digital asset products, and tokenization initiatives. This role is critical to ensuring robust controls and regulatory alignment as BlackRock advances its digital asset strategy. Key Responsibilities: Support the development and implementation of financial crime compliance controls for cash funds, digital asset products, and tokenized structures. Conduct customer due diligence (CDD) and enhanced due diligence (EDD) on institutional investors, counterparties, and service providers, including transfer agents and administrators. Review and investigate escalations related to anti-money laundering (AML), sanctions, and fraud risks, ensuring timely resolution and documentation. Assist in maintaining and updating risk assessments for high-risk investors and counterparties, incorporating emerging digital asset typologies. Monitor transactions and perform investigative reviews to identify potential financial crime risks associated with blockchain-based products. Contribute to the design and enhancement of procedures for onboarding and ongoing monitoring of digital asset-related relationships. Prepare Management Information (MI) reports and support the escalation of Suspicious Activity Reports (SARs) to senior compliance officers. Stay informed on U.S. regulatory developments, including guidance from the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), the Securities and Exchange Commission (SEC), and upcoming legislation such as the GENIUS Act. Collaborate with internal teams and external partners to ensure adherence to firmwide compliance standards and regulatory expectations. Support internal audits, regulatory examinations, and testing activities related to financial crime controls for digital assets. Assist with training and awareness initiatives focused on financial crime risks in tokenization and blockchain environments. Participate in global and regional committees on financial crime risk and provide advisory coverage as needed. Knowledge/Experience: 24 years of experience in financial crime compliance or risk management within a regulated financial services environment, preferably with exposure to digital assets or blockchain-based products. Working knowledge of U.S. financial crime regulatory requirements, including AML, sanctions (e.g., OFAC), anti-bribery and corruption (e.g., Foreign Corrupt Practices Act), and fraud frameworks. Familiarity with institutional investment structures and service providers such as funds, transfer agents, custodians, and broker-dealer environments. Experience conducting CDD and EDD on institutional investors, counterparties, and service providers. Ability to analyze data, prepare MI reports, and develop clear reporting for senior stakeholders and governance committees. Strong governance, analytical, and document management skills, with attention to detail and accuracy. Excellent communication skills, sound judgment, and a proactive approach to identifying areas for process improvement and control enhancement. Highly organized, self-motivated, and able to prioritize workloads effectively to meet deadlines. For Wilmington, DE only, the salary range for this position is USD$85,000.00 - USD$117,500.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance. BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law.
BlackRock is a global leader in digital asset innovation, offering institutional clients access to advanced blockchain-based investment products. We are seeking a Financial Crime Associate to join BlackRock's U.S. Financial Crime Compliance team, based in Wilmington, DE, supporting the implementation of the firm's financial crime framework across cash funds, digital asset products, and tokenization initiatives. This role is critical to ensuring robust controls and regulatory alignment as BlackRock advances its digital asset strategy. Key Responsibilities: Support the development and implementation of financial crime compliance controls for cash funds, digital asset products, and tokenized structures. Conduct customer due diligence (CDD) and enhanced due diligence (EDD) on institutional investors, counterparties, and service providers, including transfer agents and administrators. Review and investigate escalations related to anti-money laundering (AML), sanctions, and fraud risks, ensuring timely resolution and documentation. Assist in maintaining and updating risk assessments for high-risk investors and counterparties, incorporating emerging digital asset typologies. Monitor transactions and perform investigative reviews to identify potential financial crime risks associated with blockchain-based products. Contribute to the design and enhancement of procedures for onboarding and ongoing monitoring of digital asset-related relationships. Prepare Management Information (MI) reports and support the escalation of Suspicious Activity Reports (SARs) to senior compliance officers. Stay informed on U.S. regulatory developments, including guidance from the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), the Securities and Exchange Commission (SEC), and upcoming legislation such as the GENIUS Act. Collaborate with internal teams and external partners to ensure adherence to firmwide compliance standards and regulatory expectations. Support internal audits, regulatory examinations, and testing activities related to financial crime controls for digital assets. Assist with training and awareness initiatives focused on financial crime risks in tokenization and blockchain environments. Participate in global and regional committees on financial crime risk and provide advisory coverage as needed. Knowledge/Experience: 24 years of experience in financial crime compliance or risk management within a regulated financial services environment, preferably with exposure to digital assets or blockchain-based products. Working knowledge of U.S. financial crime regulatory requirements, including AML, sanctions (e.g., OFAC), anti-bribery and corruption (e.g., Foreign Corrupt Practices Act), and fraud frameworks. Familiarity with institutional investment structures and service providers such as funds, transfer agents, custodians, and broker-dealer environments. Experience conducting CDD and EDD on institutional investors, counterparties, and service providers. Ability to analyze data, prepare MI reports, and develop clear reporting for senior stakeholders and governance committees. Strong governance, analytical, and document management skills, with attention to detail and accuracy. Excellent communication skills, sound judgment, and a proactive approach to identifying areas for process improvement and control enhancement. Highly organized, self-motivated, and able to prioritize workloads effectively to meet deadlines. For Wilmington, DE only, the salary range for this position is USD$85,000.00 - USD$117,500.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance. BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law.