Money Laundering Reporting Officer, Coinflip

• We are searching for someone with extensive experience in the financial services industry and proven experience in a compliance function who is excited to design, lead and shape the future of oversight and compliance in a fast-growing cryptocurrency business
• Experience as MLRO or deputy MLRO within a crypto, e-money, and/or payments or fintech company
• International compliance accreditations for example ICA or ACAMS as well as degree in legal, business or compliance studies
• Knowledge of the financial crime regulatory environment and AML obligations in the UK, and in the EU
• Good understanding and working knowledge of UK AML/CTF legislation, JMLSG guidance and FATF recommendations
• Detailed working knowledge of understanding, researching and addressing sanctions-related issues and alerts
• Ability to make and implement AML/CTF and PEPs/Sanctions policies and make recommendations
• A comprehensive understanding of risk management and proven experience of ensuring own/others' compliance with relevant regulatory processes
• Experience of making difficult business decisions with authority, even in times of ambiguity, considering the potential long-term risks and implications
• Experience with building out a financial crime compliance program and engaging with internal and external stakeholders
• Team player adaptable to fast-paced and changing environment and eager to learn
• Ability to manage tight processes, accuracy and attention to detail
• Highly disciplined person, self-motivated, and delivery focused
• Excellent time management skills – Be able to organize and meet monthly, quarterly and annual deadlines for multiple regulators in multiple time zones
• Follow and have knowledge of AML/CFT guidelines and expectations of the Financial Crimes Authority particularly in the field of crypto-asset service providers
• The candidate will be a part of senior management of the UK business and will have a very important role. The MLRO will be someone who:
• Can be trusted with the responsibility
• Is senior enough to have access to customer files and records
• Can decide independently whether or not they need to report suspicious activities or transactions

Desirable

• This position is critical to support the growth of Olliv’s business
• The MLRO will have the level of authority, independence, and support to properly carry out his/her responsibilities
• Be the main point of contact with the regulatory authorities regarding Compliance and Financial Crime matters
• Engage with senior internal stakeholders on matters relating to compliance requirements
• Responsible for creating, embedding, and continuously enhancing the UK financial crime compliance program
• Oversee the implementation of AML/CTF policies and procedures and conduct annual risk assessment across all business activities
• Assess the financial crime risks (e.g. Money Laundering, Terrorist Financing, Politically Exposed Persons (PEPs) and Sanctions) associated with the Firm and its customers
• Ensure AML/CTF Policies and Procedures are implemented and meet regulatory requirements
• Prepare reports for senior management, including Management Information (MI) reports and an annual AML report
• Provide training to management and employees regarding AML/CTF and PEPs/Sanctions
• Keep up to date with new legislation and regulations, implementing new controls as necessary
• Keep up to date with Money Laundering, Terrorist Financing and PEPS/Sanctions typologies, ensuring controls are in place that mitigate the risks
• Conduct the day-to-day management and operation of the AML function, including staff training and awareness, management information, suspicious activity reporting, sanctions screening, and activity monitoring
• Provide investigation into Suspicious Activity/Transaction Reports and escalate/disclose where appropriate
• Provide frequent AML reports to local and global management
• Work with other MLROs in relation to global compliancy policy creation
• Be responsible for daily supervision of compliance activities develop and maintain a strong compliance culture
• Manage dialogue with AML Supervisory authorities with regards to AML obligations and matters
• Manage AML related audits and inspections from external parties including regulators, and ensuring findings are remediated appropriately
• Liaise with national and international law enforcement entities and liaise with local financial industry representatives to proactively identify fraud trends/criminal activity and organized criminal attacks
• Personally manage and where appropriate carry out high profile/sensitive investigations
• Understand and have continuing knowledge of all local AML requirements to ensure that the AML program is consistent with all applicable local laws
• Other assigned duties