CoinFlip is hiring Web3 Web3 Money Laundering Reporting Officer - UK

Desired Qualifications

• 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. (some travel may be required)
• Be a resident in the UK.
• Follow and have knowledge of AML/CFT guidelines and expectations of the Financial Crimes Authority particularly in the field of crypto-asset service providers.

Duties & Responsibilities

• e 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.

Soft Skills

• Basic knowledge of cryptocurrency and blockchains.
• General passion and knowledge of fintech and crypto.

Our Company

Money Laundering Reporting Officer - UK London International / Full-Time / Remote Apply for this job Olliv is a next-generation financial services platform powered by cryptocurrency that offers consumers a safe, inclusive, and supportive on-ramp to financial freedom. The omnichannel offering includes the Olliv digital platform and the CoinFlip network of cryptocurrency ATMs. With more than 4,000 machines in 49 U.S. states, Puerto Rico, Canada, and Australia, Olliv leverages CoinFlip’s network of cryptocurrency kiosks to bridge the gap between physical and digital currency and introduce crypto to the masses. Olliv was founded as CoinFlip in 2015 and is headquartered in Chicago. To learn more, visit Olliv.com.

Olliv is seeking an experienced MLRO for its UK business. 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. 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.