Xapo Bank
201 - 500 employees
Founded 2013
🏦 Banking
₿ Crypto
🔐 Security
Banking • Crypto • Security
Xapo Bank is a fully licensed bank and Bitcoin custodian, founded in 2013, that offers top-notch security for Bitcoin holdings. It provides its users with the ability to secure their Bitcoin wealth through advanced security features, including decentralized multi-party computation technology and a global network of guarded bunkers. Xapo Bank also offers banking services, combining fiat and cryptocurrency transactions with the ability to earn interest on Bitcoin and USD deposits. With personalized banking services and access to global financial markets, Xapo Bank positions itself as a premier choice for managing Bitcoin-centric wealth and financial growth. Members can enjoy seamless transactions, a dedicated account manager, and the use of the Xapo Bank card for global spending without foreign exchange fees, while benefiting from Gibraltar's deposit protection for fiat deposits.
Head of AFC
Job not on LinkedIn
🔥 22 minutes ago
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Xapo Bank
201 - 500 employees
Founded 2013
🏦 Banking
₿ Crypto
🔐 Security
Banking • Crypto • Security
Xapo Bank is a fully licensed bank and Bitcoin custodian, founded in 2013, that offers top-notch security for Bitcoin holdings. It provides its users with the ability to secure their Bitcoin wealth through advanced security features, including decentralized multi-party computation technology and a global network of guarded bunkers. Xapo Bank also offers banking services, combining fiat and cryptocurrency transactions with the ability to earn interest on Bitcoin and USD deposits. With personalized banking services and access to global financial markets, Xapo Bank positions itself as a premier choice for managing Bitcoin-centric wealth and financial growth. Members can enjoy seamless transactions, a dedicated account manager, and the use of the Xapo Bank card for global spending without foreign exchange fees, while benefiting from Gibraltar's deposit protection for fiat deposits.
📋 Description
• Own the AFC operating model: Design, scale, and run the end-to-end first-line process for alerts, RFIs, onboarding review, screening, and monitoring across both entities. • Operate inside appetite: Hold the operation firmly within Board-ratified appetite bands; make definitive judgements inside those bands and escalate strictly by exception. • Take total accountability for our AFC metric set—including open-alert volume and ageing, manual-review rates, automated clearance, false-positive and blocked-payment ratios, and iSAR timeliness/quality. • Partner with the CFO to map the capital and cost-to-serve impact of the operation, ensuring financial-crime effectiveness and cost are managed as one unified balance sheet. • Sit on the Growth and Payments Business Unit PGCs as the operational KYC/AML owner, taking direct responsibility for the financial-crime rules that drive friction. • Line-manage and continuously develop our AFC analysts, cross-training the team to actively remove single-person dependencies that route decisions upward. • Continuously tune the manual-review model so it stops delaying customer approvals by days or causing onboarding drop-offs over the weekends. • Encode lessons from incidents and near-misses directly back into first-line standards so issues do not recur. • Partner with our CISO and AI teams to systematically raise automated clearance rates and cut false positives through a governed model. • Produce the business-essential reporting that doesn't exist today—showing manual-review volumes, cost-to-serve, and remediation against appetite so stakeholders never have to reconstruct our numbers from the outside.
🎯 Requirements
• Substantial experience leading a first-line financial-crime operation inside a regulated bank, fintech, or crypto institution. You must have run the function operationally, not just advised on it. • A clear track record of actively owning operational financial-crime metrics and demonstrably moving them toward target parameters. • Deep competence in calibrating controls to actual risk, maintaining an acute ability to avoid the "over-blocking/de-risking" failure mode. • Comfortable talking numbers, cost-to-serve, and capital impact with a CFO, treating financial efficiency as part of the risk balance. • The professional credibility needed to evidence, explain, and defend our operating model and risk posture directly to a regulator and the Board. • The operational agility to work seamlessly across two distinct regulated entities (Bank and VASP) with separate regulatory frameworks. • A leadership style focused on giving clear feedback, building operational coverage that spans weekend manual-review bottlenecks, and eliminating silos.
🏖️ Benefits
• Shape the Future • Improve lives through cutting-edge technology, work 100% remotely from anywhere in the world. • Great work-life balance • Build amazing things with a balance of autonomy and collaborative teamwork. Set your own work schedule and make use of a flexible PTO plan when you need to recharge. • Expect Excellence • Collaborate, learn, and grow with a high-performance team. Learn how you learn best - from books to conferences, you’ll get a yearly budget for your individual learning and development goals.
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