MLRO and Chief Compliance Officer - Compliance jobs in Malta - October 2022
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MLRO and Chief Compliance Officer
Kyrrex Kyrrex , Central Malta

Expires in 8 days (16 Oct 2022)


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.

MLRO and Chief Compliance officer are expected to provide the employer:
  • 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.

Kyrrex: 
Kyrrex is a regulated crypto and fiat ecosystem that is positioned as the world's first global digital bank. The company makes it possible to exchange fiat currencies for digital assets and vice versa. Kyrrex is a Malta-based company that is held to the highest level of capital reserve requirements and compliance standards. It provides a wide range of crypto products and services both for institutional and retail customers, including Crypto Exchange, Liquidity Hub, OTC Platform and Wallet, Crypto Merchant Platform, Banking, and Tokenization Platform. Kyrrex is committed to transforming a young crypto market, bringing in 200-year experience and professional tools from the traditional market. It aims to create a global system of financial products without geographical, legal, and time boundaries.  The platform works according to strict regulations of the following authorities and licenses: - Class 4 Virtual Financial Assets License from the Malta Financial Services Authority (MFSA) - Financial services, Providing a virtual currency service of Estonian Financial Intelligence Unit.

experience
Experienced (3 years +)
Experience Level
time
Full Time
Job Type


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