BSA/AML/CTF Compliance Officer

About Gate US

Gate US is the parent company of Gate Trust Company, LLC, which has applied for a South Dakota public trust company charter. Gate Trust will be a nondepository trust company focusing on cryptocurrency and technology. Gate US and all related companies share a commitment to compliance in the ever changing world of crypto assets. Gate US is a platform for trading and custody of digital assets run by leaders with extensive knowledge and expertise in technology.

The Role

The BSA/AML/CTF Compliance Officer will report to the Trust Officer and will be responsible for overseeing the SD office's day-to-day compliance program. This person will be getting in on the ground level for a new SD trust company specializing in crypto assets and will work closely with the President/Trust Officer to build the company's presence in the SD market. The BSA/AML/CTF Compliance Officer will collaborate across the organization to ensure policies, disclosures, and business practices meet regulatory requirements and industry standards. Gate US will be the initial employer then transition employment to Gate Trust upon charter approval.

What you'll do

• Support state regulatory examinations, communications, information requests, and remediation activities.
• Research regulations affecting cryptocurrency and trust companies.
• Conduct compliance monitoring, surveillance, testing, and risk assessments; document findings and track corrective actions.
• Maintain regulatory records, the compliance calendar, and ensure SD office follows all regulations required by regulating authorities.
• Draft compliance policies and procedures to address regulatory and business developments for review by CCO.
• Build day-one onboarding workflows: CIP/KYC, customer risk rating, EDD, and OFAC screenings.
• Prepare SAR/CTR readiness (BSA E-Filing registration, FinCEN 314(a) contact designation) and the Board's BSA/OFAC program approval for the first organizational meeting
• Support compliance training, audits, independent reviews, and reporting to management and governance bodies.
• Provide practical compliance guidance and participate in reviews of new products, services, vendors, and operational changes.
• Promote a strong culture of compliance through sound judgment, collaboration, and proactive communication.
• Administer the BSA/AML/CTF program as designated BSA Officer.
• Oversee periodic client reviews.
• Prepare quarterly reports for leadership
• Support the annual BSA test and South Dakota Division of Banking examinations.

Qualifications

• Experience with CIP/CDD/EDD, transaction monitoring, SAR/CTR filing strongly preferred.
• Trust company or state chartered institution experience a plus.
• Bachelor’s degree in business, finance, accounting, law, risk management, or a related field.
• Five or more years of relevant compliance, regulatory, audit, risk, securities, investment advisory, registered fund, trust, or financial-services experience.
• Experience supporting regulatory examinations and interacting with federal or state regulators.
• Knowledge of regulations governing investment advisers, registered investment companies, trust companies, or wealth management organizations.
• Experience with compliance testing, risk assessments, regulatory filings, policies and procedures, or issue remediation.
• Strong analytical, research, communication, organizational, and documentation skills.
• Ability to manage multiple priorities, exercise sound judgment, protect confidential information, and collaborate across the organization.
• Proficiency with Microsoft Office and compliance, document-management, or regulatory-filing systems.
• Complete CAMS certification within 6 months of hire.
• Able to work on-site in the Sioux Falls, SD Office.