Role in brief
This role is for a Head of Compliance & MLRO at OKX, a crypto exchange. The position involves leading compliance programs, engaging with regulators, and ensuring AML/CFT adherence for the Eurasia region. It suits a compliance professional with significant experience in virtual assets and a strong understanding of regulatory frameworks.
About the role
As the Head of Compliance & MLRO for Eurasia, this individual will be the main point of contact for regulatory bodies, ensuring OKX meets all governance requirements. This involves monitoring and interpreting new regulations relevant to virtual assets and designing a comprehensive compliance framework. The role requires leadership in maintaining the organization's adherence to regulatory standards.
A key part of this position is acting as the designated Money Laundering Reporting Officer, overseeing the Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework. The successful candidate will be responsible for implementing and maintaining these critical systems, contributing to a robust compliance culture across the company. This includes building compliance programs from their foundational stages.
Success in this role means effectively managing regulatory relationships and ensuring the continuous evolution of compliance frameworks. It requires a proactive approach to regulatory changes and the ability to champion compliance internally. The role offers the chance to engage directly with financial regulators and shape the company's compliance posture in the Eurasia region.
The salary for this position ranges from $105,000 to $175,000 USD.
Skills that matter here
- FATF: A deep understanding of FATF Recommendations is essential for designing and maintaining the compliance framework.
- AML: This role involves overseeing the entire AML/CFT framework as the designated MLRO.
- VASPs: Candidates need in-house experience with Virtual Asset Service Providers to understand the specific compliance challenges.
- CDD: The role requires implementing and maintaining comprehensive compliance frameworks, which includes Customer Due Diligence processes.
- Chainalysis: Proficiency with blockchain analytics and transaction monitoring tools like Chainalysis is required for effective oversight.
- KYC: The comprehensive compliance framework will encompass Know Your Customer procedures.
Who this role suits
- A compliance professional with at least eight years of experience in AML or financial crime prevention.
- Someone with direct experience working within virtual asset service providers or cryptocurrency exchanges.
- An individual who can communicate effectively in both English and Russian.
- A leader capable of building and maintaining compliance programs from inception.
From the employer
- Serve as the primary point of contact with relevant regulatory bodies.
- Ensure the organisation meets all applicable governance requirements.
- Monitor and interpret regulatory developments relevant to virtual assets.
- Design, implement, and maintain a comprehensive compliance framework.
- Act as the designated MLRO, overseeing the AML/CFT framework.
- Champion a strong compliance culture across the organisation.
- Bachelor's degree in Law, Finance, Business, or a related field.
- Minimum of 8 years of experience in compliance, AML, or financial crime prevention.
- Demonstrated in-house experience with VASPs, cryptocurrency exchanges, or fintech firms.
- Deep understanding of FATF Recommendations.
- Proficiency with blockchain analytics and transaction monitoring tools.
- Excellent written and verbal communication skills in English and Russian.
- Remote role within the CIS region.
- Salary range: $105K-$175K.
- Opportunity to build compliance programs from the ground up.
- Engage directly with financial regulators.
Questions about this role
What is the remote work policy for this role?
This is a remote role, specifically for candidates located within the CIS region.
What level of seniority is this position?
This is a Head-level position.
What skills are required for this role?
Required skills include a deep understanding of FATF, AML, VASPs, CDD, and proficiency with blockchain analytics tools like Chainalysis, KYC, Elliptic, and TRM Labs. Strong communication in English and Russian is also necessary.