BSA/AML Officer

Job not on LinkedIn

2 hours ago

Apply Now

Receive Emails with Similar Jobs

Paxos

WebsiteLinkedInAll Job Openings

Crypto • Fintech • Banking

Paxos is a blockchain infrastructure platform providing enterprises with solutions for building stablecoins and digital assets. It offers regulated and fully-backed digital assets, with a commitment to compliance and transparency, trusted by leading global companies. Paxos is known for its innovative approach to stablecoins, including partnerships with prominent financial institutions which enhance digital payment capabilities and foster decentralized finance initiatives.

201 - 500 employees

Founded 2012

₿ Crypto

💳 Fintech

🏦 Banking

📋 Description

• Manage the US-based Compliance and Risk programs, including maintaining responsibility over and effective implementation of local financial crime and risk management policies, trainings, and day-to-day operational components. • Partner closely with US-based counterparts as well as the global Chief Compliance and Risk Officer to ensure a consistent approach to risk management. • Advise on the risk related to new product launches, and support the development of corresponding systems and controls in order to comply with applicable regulations; • Serve as primary Compliance and Risk counterpart with US regulators. Stay abreast of new or evolving regulatory requirements and recommend program changes, as required. • Evaluate risk and compliance considerations in the development or expansion of new, blockchain-based financial services; • Maintain oversight over program to ensure that any potential breaches are readily identified and mitigating, as required by local regulations • Collaborate with other departments (e.g. Risk Audit, Legal, Human Resources etc.) to develop and implement effective cross-functional compliance risk management strategies and programs • Provide reports on a regular basis and, as directed or requested, to the Board, Committees and senior management regarding the operations and progress of Compliance and Risk efforts; • Oversee US-based processes for managing risks including establishing and maintaining specific risk management policies, procedures, systems, and controls • Chair and run the the local entity’s Risk Management Committee to ensure risks and issues are reported to executives; • Act as a local point of contact for Group Risk Management issues, events, inquiries and escalations and advise on the Company’s risk management framework, policies, procedures, systems and controls. This includes preparing responses and evidence to support responding to requests from auditors and examiners for information regarding the Company’s risk management policies and practices.

🎯 Requirements

• Experience (having acted as) as a BSA Officer working closely with US regulators; • At least 5-7 years of experience in Compliance including as a Compliance leader; • At least two years of experience in a Risk or Compliance role for a regulated broker/dealer; • A deep understanding of financial crimes monitoring and prevention including US specific regulations and requirements; • Experience in Risk oversight. • Experience within a global company or within the Digital Asset Sector

🏖️ Benefits

• Competitive total compensation and benefits package • Equity • Bonuses based on individual and company performance