Zamp is hiring a Web3 Money Laundering Reporting Officer
Compensation: $90k - $110k estimated
Location: Dubai
Money Laundering Reporting Officer
Dubai
Legal and Compliance – Compliance /
Full time /
On-site
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About Zamp:
Zamp is a financial technology company with a bold vision of reimagining the future of finance.
Finance teams globally face manual, repetitive, and cumbersome tasks. We at Zamp want to empower them with time, calm, money, and joy, tackling harder problems.
We foresee four key themes shaping the finance org of the future:
Increased Connectivity: Fragmentation across banks, partners, and platforms complicates finance. We envision a seamlessly connected future, abstracting away complexity for real-time data access.
AI Automation: Manual tasks like data transformation and reconciliation will be automated by intelligent AI agents, allowing teams to focus on strategic endeavours.
Democratized Intelligence: AI-driven insights will be universally accessible, empowering better and faster decision-making, leading to exponential growth for companies.
Evolving Financial Infrastructure: Regulatory-compliant advancements like real-time payments and blockchain technology will revolutionize financial exchange, driving efficiency and adaptation.
Zamp, founded in 2022 by our experienced leader - Amit Jain, an IIT Delhi and Stanford graduate, and industry veteran with over 20 years of experience, previously held significant roles including Managing Director at Sequoia Capital and Head of Asia Pacific at Uber.
Our seed funding round raised ~$22Mn from Sequoia Capital, Dara Khosrowshahi (CEO, Uber), Tony Xu (CEO, Doordash), Marcelo Claure (ex-CEO, Softbank International), and other prominent angel investors.
At Zamp, we are excited about what the future holds. We are a team of dreamers, builders, product thinkers building for the new world!
Job Description
- We are seeking a skilled and experienced MLRO (Money Laundering and Reporting Officer). The ideal candidate will play a critical role in overseeing and managing the company's anti-money laundering and compliance programs, ensuring adherence to regulatory requirements across multiple countries (with a focus on UAE and expanding to other countries such as Poland, Canada, USA). The MLRO will collaborate with cross-functional teams and external stakeholders and regulators to uphold a robust compliance framework and mitigate potential financial risks
Responsibilities
- As our very first MLRO, you’ll work independently, but alongside colleagues across the globe other functional areas (e.g. sales, partnerships, engineering, product). You will work directly with our Founder and founders’ office to ensure we clear all the compliance requirements to get started and operate in a smooth and compliant manner in a given region
- Develop and implement comprehensive anti-money laundering (AML) and compliance programs that align with regulatory requirements and best practices in the UAE, Poland, Canada, and other relevant jurisdictions
- Serve as the primary point of contact for regulatory agencies and external auditors in the UAE, Poland, Canada, and other relevant jurisdictions, ensuring timely and accurate communication and reporting on compliance-related issues
- Monitor changes in AML and compliance regulations, and provide guidance and recommendations to the executive team to ensure compliance with regulatory obligations
- Conduct regular risk assessments and audits to identify potential areas of non-compliance, and implement corrective measures and controls to mitigate financial risks effectively
- Provide training and guidance to employees on AML and compliance matters, fostering a culture of awareness and accountability throughout the organization
- Stay informed about global regulatory developments and emerging trends in AML and compliance, leveraging this knowledge to drive continuous improvement and excellence in the company's compliance practices across different countries
- Policy and content review and creation
- Assist with the creation, maintenance and review of policies, procedures, and controls to identify, prevent, mitigate and manage regulatory risk
- Assist with review of marketing promotions, client communications, and website content
- Update investment and disclosure documentation in line with regulatory, legislative and business changes
- Preparation of board and compliance reports
- Regulatory requirement management
- Maintain VARA records and all required VARA registers. Assist with regulator correspondence and reporting for the VARA
- Set up the appropriate internal processes and policies for for crypto and payments compliance for Zamp e.g. AML, FATF, Travel rule, KYC/KYB, others
- Ensure Zamp compliance with all regulations & and industry standards on payments and transactions
- Lead conversations with regulators and ensure compliance to all licenses (for payments services and digital assets)
- Daily compliance activities
- Investigate breaches and incidents and ensure timely resolution and improvement to control environment
- Manage the complaints handling process, in particular, escalated complaints
- Manage relationships with key internal and external parties and promote a positive Compliance culture
- Identify and partner with the appropriate partners and tools needed for compliance - and help get onboarded and initiated
Preferred Qualifications
- 7+ years’ relevant experience in a legal or compliance role with a substantial knowledge of relevant rules and regulations and the day-to-day compliance affairs
- Bachelor's or Master's degree in Law, Finance, or a related field. A relevant compliance certification is a plus
- UAE VARA/ ADGM Compliance experience is a strong plus. Exposure and/or knowledge in cryptocurrency trading and exchanges is a plus
- Relevant professional certifications (RG146 etc.)
- Experience with securities, OTC derivatives or CFD exposure
- Experience in a compliance role with a focus on anti-money laundering (AML) regulations and global compliance requirements across various jurisdictions
- Proven experience in developing and implementing AML and compliance programs in a complex regulatory environment, within the financial services industry
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders
- A proactive attitude, strong work ethic, and the ability to thrive in a fast-paced and dynamic work environment
This role may be a good fit if you:
- Love working in a fast-paced, global organisation maintaining close contact with relevant teams across multiple locations
- Possess excellent problem-solving skills and the ability to provide useful and efficient counsel
- Are able to communicate with team members across functions effectively and succinctly
- Are a self-starter, hustler and curious to learn
- Thrive in ambiguous environments
Our Culture and Benefits:
If you're passionate about building from the ground up, you've found your ideal spot! We're establishing a company where ideas reign supreme, communication flows openly, builders are empowered, and meritocracy is key—all while maintaining utmost transparency.
Here's your chance to join our early team, collaborating directly with the founding team and given free rein to unleash your creativity. We're all about hard work, hustle, and delivering unparalleled products and experiences to our customers. As we embark on a mission to revolutionize financial operations for companies, we're seeking stellar individuals like yourself to hop on board our rocket ship!
Here are some of the exciting perks we offer:
- Competitive salaries and stock options with substantial potential upside
- Working alongside top-notch talent—seriously, we don't joke about that
- A diverse and inclusive workspace
- Comprehensive medical insurance covering employees, spouses, and children
- Personalized vacation and leave policies so you can savor every important moment
- A culture that celebrates every victory, big or small
- Opportunities for continuous learning and skill development
- Good food, games, and a comfortable office environment that feels like home
Embark on an extraordinary journey by joining our team and collaborating with the finest minds, crafted at the forefront of prominent companies like Amazon, Uber, Facebook (Meta), McKinsey, Bain, Stripe, Microsoft, Razorpay, Browserstack, Zomato, Lenskart, and many more!
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