Crypto.com
Money Laundering Reporting Officer - MLRO
About Crypto.com:
Crypto.com was founded in 2016 on a simple belief: it's a basic human right for everyone to control their money, data and identity. With over 10+ million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of "cryptocurrency in every wallet" into reality, one customer at a time. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Singapore with a 4,000+ strong team.
For more information, please visit www.crypto.com.
Job Responsibilities
- Carry out the role of the MLRO for Malta, which includes reporting and responding to law enforcement requests and inquiries.
- Maintain an AML/CFT framework including all the relevant policies and procedures within such a framework.
- Maintain records of internal and external reports and take subsequent action and maintain records of reasons for submission / non-submission.
- Prepare compliance audit data by compiling and analysing internal information.
- Liaise with other departments to prepare data required for the submission of reports requested by the regulators.
- Lead the preparation and coordination of responses to requests submitted by the regulatory authorities.
- Maintain and implement an AML/CFT training programme and ensure that the CompanyÕs employees are adequately trained.
- Any other MLRO duties as mandated by law from time to time.Reporting
- Act as a central contact point with the Financial Intelligence Analysis Unit (FIAU).
- Liaise with relevant authorities and the police to investigate suspicious activity.
- Receive and investigate internal suspicious reports and report external suspicious activity.
- Periodic reporting to the Board of Directors and Chief Compliance Officer including status updates on the AML/CFT controls and any gaps to be addressed.
- Act as an escalation point in terms of AML / CFT matters.
- Advise the Executive Team and the Board of Directors on money laundering suspicions and provide clear guidelines and ways forward in relation to the application of the AML / CFT framework.Internal Controls
- Manage internal compliance operational controls, carry out independent reviews and examinations as required.
- Identify, highlight, and manage regulatory risks, findings and recommendations identified internally, by independent reviews or examinations.
- Facilitate the development and maintenance of the appropriate AML/CFT culture within the Company.
- Work with management and staff to ensure that the business implements and maintains suitable systems and controls to meet the AML/CFT requirements.
- Perform any other duties and responsibilities required to ensure that the Maltese entities are compliant with applicable AML/CFT regulations.
Job Requirement
- Minimum of three years of relevant experience working with (i) a financial institution (payment service provider / e-money) and preferably experience also within the virtual financial assets market; or (ii) a regulatory authority; or (iii) a law firm handling compliance matters relating to AML, and applicable payments services laws and regulations
- Understanding of AML regulations and payments services legislation within the banking/financial services industry;
- Ability to distill and discern important information from regulatory guidance, statutes and regulations, audit findings, and other documents and determine how it impacts the business. The understanding of regulatory requirements vs. Òbest practicesÓ in compliance is critical;
- Knowledge of Maltese regulatory framework;
- Must be able to perform independently and with minimal supervision;
- Strong organizational skills Ð must be multi-tasked oriented and able to balance pressure and deadlines with constantly changing priorities;
- Strong written and verbal communication skills.
- Ability to prioritise workload in line with tight deadlines and work effectively under pressure;
- Experience interacting with local regulators a plus;
- Knowledge of virtual financial assets and fintech products is preferred;
- Ability to work within a matrixed environment and cross functionally with operations and technology functions.
Benefits
What you can expect from us?
We offer an attractive compensation package working in a cutting-edge field of Fintech.
- Huge responsibilities from Day 1. Be the owner of your own learning curve.
- The possibilities are limitless and depend on you.
- You get to work in a very dynamic environment and be part of an international team.
- You will get to have involvement in developing a brand new product from scratch alongside with a talented team
Crypto.com builds a comprehensive platform for finance and digital assets, offering services like crypto trading, credit cards, and loyalty programs aimed at both individual users and businesses. What makes us distinctive is our commitment to security and compliance while delivering a seamless mobile experience that integrates cutting-edge technology with practical functionality, driving the widespread adoption of cryptocurrency.
- Founded
- Founded 2016
- Employees
- 500+ employees
- Industry
- Internet Software & Services