OpenFX
Fintech • Banking • eCommerce
OpenFX is a modern financial infrastructure company that specializes in real-time cross-border payments. It provides a comprehensive solution for finance teams, enabling quick and efficient money movement across various global corridors with support for over 40 currency pairs. OpenFX offers features such as instant settlements, transparent pricing, and 24/7 availability, allowing clients like payment service providers and neo banks to optimize their operations without historical banking limitations.
EU Compliance Manager, AML/CFT Officer
Job not on LinkedIn
November 20
OpenFX
Fintech • Banking • eCommerce
OpenFX is a modern financial infrastructure company that specializes in real-time cross-border payments. It provides a comprehensive solution for finance teams, enabling quick and efficient money movement across various global corridors with support for over 40 currency pairs. OpenFX offers features such as instant settlements, transparent pricing, and 24/7 availability, allowing clients like payment service providers and neo banks to optimize their operations without historical banking limitations.
📋 Description
• Contribute to building OpenFX’s global compliance infrastructure, including comprehensive compliance policies, procedures, and systems for the OpenFX Group and for OpenFX's regulated Dutch entity that address regulatory requirements with respect to payments and virtual currency activities, AML, and privacy and data security, among others • Serve as the AML/CFT Compliance Officer for our Dutch regulated entity that will be engaged in virtual currency and payment activities, owning and enhancing OpenFX's AML programs in the EU to efficiently prevent, detect, and report money laundering, terrorist financing, and other financial crimes and ensuring alignment with local requirements • Stay current on EU and Dutch regulatory developments, assess impact on OpenFX operations and develop and implement expanded compliance policies and procedures as needed • Implement compliance program requirements for the Dutch regulated entity and other Group entities, including conducting risk assessments, onboarding clients and conducting KYC/KYB document reviews and customer due diligence, analyzing transactional data for suspicious activity, and facilitating preparation of required reports and audits • Leverage compliance tools, RegTech solutions, and analytics to enhance program effectiveness, efficiency, and scalability • Partner with Product, Engineering, Legal, and Operations and provide compliance advice on market expansion, new product development, and operational changes to ensure compliance as the company scales • Manage compliance requirements from banking partners, digital asset partners, and payment networks to ensure operational alignment and trust, and serve as the primary compliance point of contact for partner-related compliance inquiries and audits • Lead or support licensing initiatives in the EU and globally, including EMI licensure in the EU
🎯 Requirements
• Bachelor's degree • 10+ years of compliance experience in payments, fintech, or financial services • Strong understanding of EU financial regulations including AML and payments laws and regulations • Hands-on experience building and executing compliance programs, policies, and controls at a financial services company, including administration of AML/KYC processes, transaction monitoring, and suspicious activity filings • Attention to detail and excellent communication skills • Proven track record working effectively with cross-functional partners and external stakeholders including EU regulators • Commitment to teamwork and ability to work in a fast-paced start-up environment
🏖️ Benefits
• Competitive salary and benefits package • Impact: Help design and build a key foundation of the company’s growth and long-term success • Growth and Learning: Opportunity to work in a fast-paced startup and build the compliance function of a company at the forefront of fintech innovation. • Culture: Collaborative team environment with emphasis on personal and professional growth • Mission: Help build the future of global financial infrastructure
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