United Kingdom (Remote)•Global
Remote
Senior
Full Time
about 1 month ago
MLROCompliance OfficerRemoteUK basedCryptoFinancial ServicesAnti-Money LaunderingAMLAFC
Requirements
- •Extensive years of experience in banks, VASPs, complex financial services firms, or related e-money/payments industry with experience to operate at an MLRO level
- •Strong operational knowledge in building and running a sound AFC compliance program, with hands-on knowledge and an understanding of regulatory requirements for the United Kingdom in accordance with global AFC standards
- •Several years of people management experience
- •Ability to build collaborative working relations with peers, colleagues and with remote based teams with individuals at all levels of the organisation
- •Experience with AFC system implementation, configuration and management
- •Experience with data visualisation tools
- •Cryptoasset experience and blockchain analytics and monitoring tools and AFC program management
- •A dedicated workspace
- •A reliable internet connection with the fastest speed possible in your area
- •Alignment with Our Values and the Xapo Values-Driven Leadership principles
What You'll Do
- •Ability to be approved by relevant regulatory authorities in the United Kingdom to hold the official MLRO and/or Nominated Officer role(s) for Xapo’s UK future footprint
- •Monitoring the regulatory landscape and documenting at least annually a regulatory risk assessment with recommendations based on the results
- •Conduct compliance reviews and analysis of new regulatory developments and maintain oversight of developments affecting business activities
- •Maintain and update Compliance policies and procedures to ensure the implementation of appropriate controls that reflect business needs and regulatory requirements
- •Drafting Annual and Monthly Compliance Reports, and other such compliance reports as may be required
- •Maintaining the AFC Framework and AFC policies and procedures to ensure the implementation of appropriate controls that reflect business and regulatory requirements, supported by a robust Compliance Monitoring Program
- •Facilitate risk-based Know Your Customer and Transaction Monitoring programmes to detect unusual activity and investigate and report suspicious activity in accordance to regulatory requirements, including the filing of Suspicious Activity Reports (SARs) and other such reports where appropriate
- •Overseeing the operations of the AFC Compliance team, including training, capacity planning, tracking team and individual Key Performance Indicators (KPIs), and Key Risk Indicators (KRIs) for the program
- •Planning, organization and execution of day-to-day operational Compliance and AFC compliance activities and working collaboratively with the business to remediate issues identified through testing and support
- •Independently investigating and acting on matters related to Compliance & AFC
- •Build relationships with relevant authorities, payment schemes, and regulators to ensure we operate in accordance with the latest AFC good practices
- •Supporting regulatory inquiries, filings and reporting requirements, ensuring accurate responses and reporting to the Regulator and other Authorities
- •Coordinating efforts related to audits, reviews, and examinations
- •Work with Compliance and Business leads to provide strategic planning, organisational structure, focus areas, and quarterly goals and key results
- •Work with all relevant partners, financial institution partners, card networks and regulatory authorities
- •Providing guidance, advice, and/or training and educational programs, to improve business understanding of related laws and regulatory requirements
Benefits
- •Work 100% remotely from anywhere in the world
- •Flexible PTO plan
- •Yearly budget for individual learning and development goals
- •Great work-life balance
- •Collaborate, learn, and grow with a high-performance team
About Xapo Bank
Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault.
Palo Alto, CA, US
10 - 50
Finance