Xapo is looking for a proactive and highly skilled Money Laundering Reporting Officer (MLRO) & Compliance Officer to join our global team.
Requirements
- Ability to be approved by relevant regulatory authorities in the United Kingdom to hold the official MLRO and/or Nominated Officer role(s) for Xapo’s UK future footprint.
- Monitoring the regulatory landscape and documenting at least annually a regulatory risk assessment with recommendations based on the results (i.e. Annual Risk Assessment and MLRO’s Annual Report to the Board).
- Maintain and update Compliance policies and procedures to ensure the implementation of appropriate controls that reflect business needs and regulatory requirements.
- Drafting Annual and Monthly Compliance Reports, and other such compliance reports as may be required.
- Maintaining the AFC Framework and AFC policies and procedures to ensure the implementation of appropriate controls that reflect business and regulatory requirements, supported by a robust Compliance Monitoring Program.
- Facilitate risk-based Know Your Customer and Transaction Monitoring programmes to detect unusual activity and investigate and report suspicious activity in accordance to regulatory requirements, including the filing of Suspicious Activity Reports (SARs) and other such reports where appropriate.
- Overseeing the operations of the AFC Compliance team, including training, capacity planning, tracking team and individual Key Performance Indicators (KPIs), and Key Risk Indicators (KRIs) for the program.
- Planning, organization and execution of day-to-day operational Compliance and AFC compliance activities and working collaboratively with the business to remediate issues identified through testing and support.
- Independently investigating and acting on matters related to Compliance & AFC.
- Build relationships with relevant authorities, payment schemes, and regulators to ensure we operate in accordance with the latest AFC good practices.
- Supporting regulatory inquiries, filings and reporting requirements, ensuring accurate responses and reporting to the Regulator and other Authorities.
- Coordinating efforts related to audits, reviews, and examinations.
- Work with Compliance and Business leads to provide strategic planning, organisational structure, focus areas, and quarterly goals and key results
- Work with all relevant partners, financial institution partners, card networks and regulatory authorities
- Conduct compliance review and analysis of new regulatory developments and maintain oversight of developments affecting business activities.
- Providing guidance, advice, and/or training and educational programs, to improve business understanding of related laws and regulatory requirements.
Benefits
- Generous Paid Time Off
- Four Day Work Week
- Tuition Reimbursement
- Relocation Assistance
