Role in brief
Confirmo, a stablecoin payment platform, seeks a senior MLRO to manage its AML/CFT program in Dubai. This role involves developing compliance frameworks, overseeing onboarding and transaction monitoring, and ensuring adherence to UAE and international regulations. Candidates with significant experience in crypto compliance and UAE financial law should apply.
About the role
This senior role centers on leading and evolving Confirmo FZE's anti-money laundering and counter-financing of terrorism framework. The focus is on implementing robust compliance measures, including managing KYC/KYB onboarding, enhanced due diligence, and transaction monitoring systems. The MLRO will be responsible for ensuring all operations align with both UAE and international regulatory standards.
A key aspect of this position involves active engagement with regulatory bodies and law enforcement. The MLRO will handle internal Suspicious Activity Reports (SARs), escalate them as necessary, and maintain ongoing communication with the UAE Financial Intelligence Unit (UAEFIU). This also includes keeping abreast of legislative changes in AML/CFT to proactively adapt the company's compliance strategies.
Success in this role means maintaining a comprehensive and effective compliance program that protects the company from financial crime risks. This involves not only operational oversight of screening and monitoring but also strategic development of policies to address evolving threats and regulatory requirements, particularly concerning the FATF Travel Rule and on-chain analytics.
The annual salary for this full-time senior role ranges from $120,000 to $230,000 USD.
Skills that matter here
- KYC: The role involves overseeing the Know Your Customer onboarding processes to ensure compliance.
- KYB: This position requires supervision of Know Your Business procedures for corporate clients.
- EDD: The MLRO will be responsible for managing Enhanced Due Diligence processes for higher-risk entities.
- Chainalysis: Experience with this on-chain analytics tool is required for monitoring blockchain transactions.
- Elliptic: Familiarity with this blockchain monitoring tool is necessary for compliance and risk assessment.
- TRM Labs: The role requires experience with this tool for on-chain analytics and financial crime prevention.
Who this role suits
- A compliance professional with at least five years of experience in AML/CFT, specifically in a senior or deputy MLRO capacity.
- Someone with a proven background in filing Suspicious Transaction Reports (STRs) or SARs.
- An individual who possesses expert knowledge of UAE AML/CFT laws and regulations, along with FATF Recommendations.
- A candidate familiar with blockchain monitoring tools and FATF Travel Rule solutions.
From the employer
- Own and develop Confirmo FZE's AML/CFT framework.
- Oversee KYC/KYB onboarding and EDD processes.
- Supervise transaction monitoring systems.
- Implement FATF Travel Rule compliance.
- Maintain up-to-date sanctions screening.
- Evaluate internal SARs and escalate as needed.
- Liaise with UAEFIU and law enforcement.
- Monitor changes to AML/CFT legislation.
- Minimum 5 years of AML/CFT compliance experience.
- Experience as an MLRO or Deputy MLRO.
- Proven track record of filing STRs/SARs.
- Experience with on-chain analytics and blockchain monitoring tools.
- Familiarity with FATF Travel Rule solutions.
- Expert knowledge of UAE AML/CFT law and regulations.
- Strong understanding of FATF Recommendations.
Questions about this role
What is the remote work policy for this position?
This is a remote position, but the role specifically focuses on leading the AML/CFT program for Confirmo FZE in Dubai, implying a strong connection to UAE regulations.
What level of seniority is expected for this role?
This is a senior-level position, requiring prior experience as an MLRO or Deputy MLRO.
What are the key skills required for this role?
Key skills include KYC, KYB, EDD, and experience with blockchain analytics tools such as Chainalysis, Elliptic, and TRM Labs.