Web3 Jobs in Europe

Job Specification:

Position Title: Compliance Officer and UK MLRO (Money Laundering Reporting Officer)

Location: United Kingdom (UK) - Remote

Job Type: Full-time

Company Overview:

Telcoin is a dynamic fintech firm dedicated to providing innovative financial solutions in the digital asset space. Established in 2017, Telcoin has expanded rapidly and now has entities in 10 countries with an appetite to add more. As we expand our operations, we are seeking a Compliance Officer to support the VP of Operations in our crypto registration with the Financial Conduct Authority (FCA) in the UK and the upgrading of our existing EU crypto registration to a full MiCA CASP license.

Role Overview:

The Compliance Officer will play a pivotal role in securing our UK registration and EU license and subsequently establishing and maintaining robust the UK’s AML/CFT operations. The successful candidate will collaborate closely with various internal stakeholders to ensure compliance with UK & EU regulatory requirements and best practices.

Responsibilities:

1. Registration/Licensing Process:

- Assist in preparing and submitting the application for cryptocurrency registration with the Financial Conduct Authority.

- Assist in preparing and submitting the application for CASP license with the Bank of Lithuania

- Coordinate with V of Operations and other relevant parties to compile necessary documentation and ensure compliance with regulatory guidelines.

- Monitor the progress of the registration application and address any inquiries or requests from the regulators.

1. UK AML/CFT Compliance:

- Develop and implement the UK’s AML/CFT policies, procedures, and controls tailored to the unique characteristics of cryptocurrency operations.

- Conduct regular risk assessments to identify and mitigate potential money laundering and terrorism financing risks.

- Oversee customer due diligence (CDD) procedures, including KYC (Know Your Customer) and enhanced due diligence (EDD) measures for high-risk clients.

- Monitor transactions and account activity for suspicious behavior and ensure timely reporting of Suspicious Activity Reports (SARs) to the appropriate authorities.

- Stay informed about emerging AML/CFT trends, regulations, and best practices, and make recommendations for enhancements to the compliance program.

1. Training and Awareness:

- Provide ongoing training and guidance to employees on AML/CFT compliance obligations, including the identification and reporting of suspicious activities.

- Foster a culture of compliance within the organization through regular communication and awareness initiatives.

1. Regulatory Liaison:

- Serve as the primary point of contact for regulatory inquiries related to AML/CFT compliance.

- Collaborate with regulators and industry stakeholders to address any compliance concerns or regulatory developments.

Qualifications and Experience:

- Bachelor's degree in Finance, Business Administration, Law, or a related field. Advanced degrees or professional certifications (e.g., CAMS, CFCS) in compliance or AML/CFT preferred.

- Prior experience in compliance roles within the financial services industry, with specific experience in cryptocurrency or fintech compliance highly desirable.

- In-depth knowledge of UK regulatory requirements related to cryptocurrency operations, including FCA registration processes, AML regulations, and SAR filings.

- Strong analytical skills and attention to detail, with the ability to assess and mitigate complex compliance risks.

- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and communicate complex regulatory concepts in a clear and concise manner.

- Proven ability to adapt to a fast-paced and evolving regulatory environment.

- Prior experience using Acuant & Chainalysis a plus

Application Process:

Interested candidates should submit a resume and cover letter outlining their relevant experience and qualifications for the position of Compliance Officer. Please include any relevant certifications or training completed.

Telcoin Ltd is an equal opportunity employer committed to diversity and inclusion in the workplace. We encourage individuals from all backgrounds to apply.