23 Oct
Asterix Communications
Dubai
FreedX continues its expansion and is looking for a talented Group MLRO to join us.
Who We Are
FreedX is a newly established cryptocurrency exchange dedicated to providing a seamless, secure, and innovative trading experience.
Our team comprises experienced professionals from the crypto, finance, and technology sectors, all passionate about driving the future of digital finance.
At FreedX, we are committed
to creating a platform that empowers our clients with the freedom to manage their digital assets confidently and efficiently.
Our Vision :
At FreedX, our vision is to be the most trusted and reliable cryptocurrency exchange, offering unparalleled freedom and scalability to our clients.
We aim to build a platform where users can trade and manage their assets with complete peace of mind, knowing that their security and reliability are our top priorities.
We strive to continuously innovate and adapt to the evolving needs of the crypto market, ensuring that our clients have access to the best tools and services to achieve their financial goals.
Join us on our journey to redefine the standards of digital asset trading and experience the freedom, reliability, and scalability that FreedX has to offer.
Role and Responsibilities :
- Establish and maintain the Anti-Money Laundering, Counter-Terrorist Financing, anti-proliferation financing and Sanctions frameworks, including drafting of policies and procedures, reporting, record-keeping, risk assessment, management and control systems, in order to comply with money laundering regulations, sanctions laws, regulatory guidance and best practice;
- Establish and maintain an internal Suspicious Activity Report (SAR) process to enable escalation of suspicious transactions;
- Overseeing FreedX's sanctions framework including filing reports with external parties as required;
- Manage FreedX's global financial crimes and sanctions teams regarding group-wide risks and controls, and oversee activities of third parties providing related services;
- Report to the Board on a regular basis detailing the operational effectiveness of the systems and controls used to combat Financial Crime and enforce Sanctions.
- This includes escalating in a timely manner any risk appetite breaches together with risk mitigation actions;
- Determine the level of resources required and manage the team to execute appropriate Financial Crime and Sanctions policies and procedures;
- Ensure that Financial Crime requirements are considered as part of the development of new products, new business practices (including new delivery mechanisms) or new technology;
- Manage regulatory reviews, internal audit and external audits of the Financial Crime and Sanctions frameworks; oversee corrective action of any related compliance deficiencies;
- Regularly review developments in applicable legislation and guidance (domestic and international where the business is involved) and advise stakeholders on required enhancements;
- Establish and embed a Training & Competency Scheme to ensure that relevant staff, including the Board of Directors, are provided with Financial Crime and Sanctions training appropriate for their position (frequency and content) and that all new staff receive training within the specified period;
- Act as the primary point of contract for regulatory bodies and law enforcement agencies regarding AML matters;
- Become a subject matter expert in crypto investigations and crypto industry participants.
Requirements :
- 5 years experience in financial crimes compliance related functions, including previous experience as as a Nominated Officer, MLRO or Deputy MLRO;
- 5+ years managing a team of compliance professionals;
- Experience in developing and administering internal risk controls and processes;
- Excellent oral and written communication skills English fluency required;
- Capacity to meet deadlines while maintaining quality standards and effective time management;
- Exceptional interpersonal and organizational skills with the ability to work autonomously as well as collaboratively within a team environment;
- Ability to interact effectively with all levels of management, regulators and examiners;
- A passion for building a world class compliance program;
- Experience working autonomously in a fast paced environment;
- Passion for virtual currency;
- Proven decision making, deductive and investigative abilities with attention to detail and accuracy.
Nice to haves :
- A professional compliance, or financial qualification, and membership of a recognised professional body, would be advantageous but not a prerequisite.
- Experience working in the crypto space
- ACAMS Certification (a plus)
What We Offer :
Competitive salary and performance-based discretionary bonuses,
Health insurance for you and your dependents
Flexible work schedule, hybrid / remote work opportunity
Visa assistance for you and your dependents (Dubai only)
Generous paid leave
Opportunity for professional development, participation to industry events
FreedX is an equal opportunity employer. We stand for an open and inclusive work environment that fosters the well-being of everyone.
We embrace and encourage differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability,
race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our people unique.
▶️ Group Money Laundering Reporting Officer (MLRO) - Crypto
🖊️ Asterix Communications
📍 Dubai