CCO MLRO, Bermuda

About the role

This role focuses on leading and managing the compliance and anti-money laundering (AML) programs specifically for Coinbase's operations in Bermuda. The Chief Compliance Officer will be responsible for identifying and ensuring continuous adherence to local regulatory requirements, monitoring developments in the regulatory landscape, and implementing necessary changes to maintain compliance. This involves providing regular updates to senior management and the Bermuda Board of Directors, as well as managing communications with regulatory bodies.

A key aspect of this position is overseeing the execution of compliance risk assessments to ensure that internal systems and controls effectively manage risks. The CCO will also be responsible for updating policies to reflect evolving regulatory and business needs, deploying compliance training for local employees, and ensuring timely resolution of findings from audits or self-identified issues. This work requires a proactive approach to maintaining a robust compliance framework.

The role also involves strategic partnership with internal compliance and product teams to integrate compliance obligations into new product launches or expansion initiatives. Success in this position means fostering strong relationships with global internal stakeholders and senior management to ensure a consistent and effective control environment. The ideal candidate will have a proven ability to develop and execute strategies across a global organization, collaborating effectively with diverse teams.

The annual salary for this role ranges from $119,680 to $230,000.

Skills that matter here

• financial services and anti-money laundering regulations in Bermuda: This role requires direct, first-hand knowledge of these regulations to ensure Coinbase's compliance in Bermuda.
• liaising with Bermuda Monetary Authority: The CCO will be responsible for day-to-day communications and managing regulatory notifications with this authority.
• building Compliance Programs: The ability to develop and administer internal controls and processes is essential for this position.
• partnership and collaboration with remote, global teams: This role involves working with diverse internal stakeholders across different locations to promote a consistent control environment.
• generative AI tools and copilots: The candidate should be able to responsibly use these tools in daily workflows to improve efficiency and quality, applying human oversight.

Who this role suits

• Someone with extensive experience in compliance leadership within Bermuda's financial sector.
• A person who can independently manage complex compliance programs, including audits and regulatory exams.
• An individual adept at collaborating with senior management and diverse global teams to drive strategic initiatives.
• A professional who stays informed on regulatory changes and proactively implements necessary adjustments.

From the employer

What you’ll be doing:

• Identify relevant regulatory requirements for Coinbase Bermuda and ensure Coinbase’s ongoing compliance with the same.
• Keep ahead of regulatory developments in Bermuda that could impact Coinbase’s business and deploy necessary changes to maintain compliance in partnership with internal stakeholders.
• Provide regular updates to Bermuda senior management and the Coinbase Bermuda Board of Directors regarding the Compliance Program and overall regulatory landscape. Ensure appropriate escalation of compliance incidents or material issues to Compliance and business leadership and the Board.
• Oversee/manage regulatory notifications, comment letters, and other communications as required. Handle day-to-day regulatory communications.
• Oversee execution of Compliance Risk Assessments to ensure the adequacy of systems and controls to ensure that risks are managed effectively.
• Ensure that policies are updated to meet changing regulatory and business requirements.
• Oversee deployment of relevant Compliance training for local employees.
• Ensure timely remediation of all relevant findings identified by third-parties (Internal Audit, regulatory exams), as well as self-identified items.
• Partner with Compliance and Product stakeholders to ensure compliance obligations are considered and built as part of new product or expansion initiatives. Ensure appropriate documentation, including updating policies and procedures as needed.
• Manage and develop global relationships with key internal stakeholders and senior management in order to promote a consistent approach to the development and execution of an effective and integrated control environment.

What we look for in you:

• 8+ years experience in compliance, including in senior leadership roles.
• Direct, first-hand knowledge of financial services and anti-money laundering regulations in Bermuda, including direct experience liaising with Bermuda Monetary Authority.
• Ability to independently manage day-to-day aspects of a Compliance Program, including audits and exams.
• Experience building Compliance Programs.
• Experience in developing and administering internal controls and processes, proven track record of partnership and collaboration with remote, global teams.
• Ability to work collaboratively with a broad range of business functions, with an emphasis on senior management.
• Demonstrated ability to generate and execute strategies across a global organization.
• Ability to develop, foster and maintain effective working relationships with diverse groups of people within the organization as well as with external stakeholders and vendors.
• Demonstrates the ability to responsibly use generative AI tools and copilots (e.g., LibreChat, Gemini, Glean) in daily workflows, continuously learn as tools evolve, and apply human-in-the-loop practices to deliver business-ready outputs and drive measurable improvements in efficiency, cost, and quality.

Nice to haves:

• Prior experience at cryptocurrency or fintech preferred.
• A professional compliance or finance qualification, and membership of a recognized professional body.