Global Senior Compliance Officer, Bitfinex
Digital asset trading platform
Job no longer available
Digital asset trading platform
201-500 employees
Job no longer available
201-500 employees
Company mission
To give users the ultimate cryptocurrency trading experience.
Role
Who you are
- The SCO is an experienced, passionate individual and team player able to work with a minimum of supervision, showing initiative and foresight and with the ability to deliver results with confidence
- With a background in both AML and non-AML compliance, experienced or knowledgeable in risk management and with a passion for crypto and its place in society going forward, the SCO will be an important and trusted member of the Compliance Team
- In addition to the skill set preferred requirements listed below the incumbent must be able to work independently with minimum supervision in managing the team, flexible as to working arrangement and hours and confident in making decisions as delegated by the CCO
- University education
- Demonstrated experience in a senior international AML/CTF, Sanctions and/or Risk Management compliance role
- Demonstrated knowledge and experience of the “Four Pillars of AML”, conducting AML and/or Compliance Program risks assessments
- Demonstrated knowledge and experience on the concept, evaluation and mitigation of risks relating to the AML Program and non- AML
- Good understanding of financial services including securities, trading and the Capital Markets
- Good technical understanding about how crypto currencies including Stable Coins and Privacy Coins and the Lightning Network operates and the concept of the Blockchain
- ACAMs or equivalent Risk Management / Audit certified preferred
- Audit and/or internal/external compliance testing experience (preferred)
- Regulatory or regulatory liaison experience, (preferred)
- Familiar with iFinex business operations
- English as a 1st language (or strong English verbal and written skills)
- Secondary language, (Spanish, Portuguese, Russian – (preferred)
- Excellent written (incl. report writing) and verbal communication skills
- Skilled in writing in Plain English (preferred)
- Demonstrated critical-thinking skills, (decision-making)
- Advanced organizational understanding and the management of change
- Demonstrated experience in leading or working seamlessly organizational pillars (preferred)
- Demonstrated experience in interacting with regulators, industry peers
What the job involves
- The Senior Compliance Officer (SCO) reports to the Chief Compliance Officer (CCO) and provides tactical support to the CCO in administrating the Compliance Program across all jurisdictions
- The SCO will work closely with the Head of Risk, Head of Audit, VP Licensing, Chief Operations Officer (COO), Head of AML and Transaction Monitoring, Head of IT and Cyber Security, Legal Counsel, Head of Internal Testing, Head of Business Development and other ‘C Suite’ and management leads across iFinex and its affiliates
- The SCO in supporting the CCO function will help ensure the efficiency and effectiveness of the Compliance Program and supporting a ‘Culture of Compliance’ across the organization
- In establishing standards, implementing procedures and fostering a ‘Culture of Compliance’, the SCO helps ensure that the compliance programs within the organization are effective and efficient in identifying, preventing, detecting and correcting non-compliance with applicable laws and regulations
- Focused primarily on non-AML Compliance the SCO’s responsibilities include (but are not limited to):
- Project Management of Compliance Initiatives incl. Action Plans
- Coordination of Internal and External Testing
- Policy and procedural development in alignment with applicable laws, regulations and regulatory expectations
- Reporting analysis, interpretation and remedial planning
- Regulatory liaison, (in partnership with The Head of AML) Peer industry liaison, initiatives and shared best practices
- Compliance Training Program Development
- Preparation and submission of Board, Senior Management and mandatory regulatory reporting
- Oversight of Compliance related 3rd party and Vendor Management
Our take
Since its 2012 founding, Bitfinex has consistently been one of the world’s largest crypto exchanges, supporting over 150 currencies and offering multiple trading options. Its popularity is largely down to how user friendly it is for all levels of trader, from beginner to pro.
For all its popularity, it’s impossible to ignore the controversies the company has faced, along with its sister currency Tether. This includes hacking, a highly publicized settlement over an alleged $850 million loss cover-up, and its involvement in a shadow banking operation which landed the perpetrator 6 years in prison.
It’s also worth noting however, that bad press has dogged a lot of major players in the crypto world. Bitfinex’s supporters don’t seem to have been swayed by the headlines, and the company continues to move on. In 2022, it gained access to the Single Euro Payments Area (SEPA), and the company is hoping to gain regulatory approval and licensing around the world.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
3% employee growth in 12 months
Company
Company benefits
- Room to grow
- Work with talented people
- Build a life-changing career
- Transparency and autonomy
- Open vacation policy
- Culture of learning
- Offsites and team building
- Flexible hours
- Full remote
Company values
- Sense of Ownership – You are accountable and recognized for your work, leading a project from conception to launch
- Team Player – We work quickly and collaboratively in the best interests of the team, encouraging and helping each other
- High Performance – Being results-driven, we work fast and achieve the most significant impact without compromising quality
- Passion – We share the passion for achieving the Bitfinex vision and want to make a difference
- Positivity – We’re always positive and intended to inspire others to overcome any tough challenges. Whatever happens - we rise and shine brighter together
- Community Oriented – Paying attention to details and understanding users' needs, we are committed to being a steward to the community and deliver the best services
Company HQ
Wickhams Cay 1, Road Town, Tortola
Articles
Leadership
J. L. van der Velde
(CEO)CEO at Bitfinex since 2013. Prior to joining Bitfinex, was CEO of investment firm PAG Asia.
Share this job
View 20 more jobs at Bitfinex