MLRO and Chief Compliance Officer

The Kyrrex team is growing! They are currently on the lookout for an MLRO and Chief Compliance Officer who will be able to join their growing team on a full-time basis. This role is on a Hybrid basis

Responsibilities:

• Ensuring the company’s compliance with internal and external compliance and AML requirements, regulations, directives, and legislation
• Drafting policies and documentation in line with AML requirements
• Updating the board on all AML and compliance matters
• Ensuring compliance with all licensing requirements
• Managing training and providing leadership to a small team of Compliance Administrators who assist with day-to-today compliance tasks and duties
• Mentoring and overseeing all customer due diligence processes
• Overseeing the administration of compliance processes ensuring that client files are reviewed and updated on a regular basis through ongoing monitoring
• Ensuring that the company is operating within all required standards
• Communicating such policies and procedures to staff members
• Acting as the company’s MLRO ensuring the firm’s compliance with AML / CFT controls, reporting any suspicious activity to the relevant authorities, and assisting in investigations accordingly
• Record keeping, filing internal and external reports, developing, and overseeing client onboarding processes, and ensuring that due diligence and KYC checks are being properly carried out on both prospective and current clients
• Carrying out risk assessments
• Developing and delivering adequate AML training to staff members to ensure awareness and see that the correct procedures are being followed
• Keeping updated on any changes or developments in relevant laws, regulations, or requirements, communicating such developments to management and staff members, and taking the necessary actions to ensure the firm’s continued compliance
• Acting as the main point of contact for any compliance-related matters and responding to all reasonable requests
• Handing regulatory reporting to the MFSA, FIAU, and any other entities, ensuring that all compliance reports are submitted timely and accurately maintaining the business risk assessment, and reporting significant risks to Directors and Senior Management.

• AML manual
• Customer acceptance policy
• AML business risk assessment
• AML customer risk assessment
• Ongoing monitoring
• Transaction monitoring
• Risk evaluation questionnaires
• Monitor the customer onboarding
• Implement policies and procedures
• Calibrate the KyCMatic as and when required
• Communication with regulators.

Requirements and skills:

• MLRO or Chief Compliance Officer in a financial institution
• Experience in financial services or fintech industry at least 5 years
• AML certification is required
• Knowledge of Crypto Exchange is a bonus
• EU regulations, GDPR
• Ability to work with compliance tools
• Positive, energetic, and hard-working.