AML officer

Overview

• 1.
• Design and Ownership of AML Framework
• Develop AML/CTF policies, procedures, and internal controls
• Conduct enterprise-wide risk assessments (customer, product, geography, transaction typology)
• Align framework with FATF “Travel Rule” and jurisdictional regulations (e.g., EU AMLD, UAE VARA, US FinCEN)
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2. Customer Due Diligence (CDD/KYC) Oversight

• Define KYC standards (individuals, corporates, VASPs)
• Ensure Enhanced Due Diligence (EDD) for high-risk customers (PEPs, high-risk jurisdictions)
• Oversee periodic reviews and ongoing monitoring
• Implement blockchain analytics tools (e.g., wallet screening, source-of-funds tracing)
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3. Transaction Monitoring & Suspicious Activity Reporting

• Design transaction monitoring scenarios (on-chain + off-chain behavior)
• Detect typologies like layering, mixing, sanctions evasion, darknet exposure
• Review alerts and escalate suspicious cases
• File Suspicious Transaction Reports (STRs/SARs) with relevant authorities
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4. Sanctions Compliance

• Screen customers and wallets against sanctions lists (OFAC, UN, EU, UK)
• Monitor for indirect exposure (e.g., sanctioned wallet interaction hops)
• Implement geo-blocking where required
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5. Regulatory Engagement & Licensing

• Act as primary liaison with regulators across jurisdictions
• Support licensing applications (e.g., VARA in UAE, MiCA in EU)
• Respond to regulatory inquiries, audits, and inspections
• Track regulatory change and implement updates
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6. Governance & Reporting

• Provide AML reports to senior management and Board
• Escalate material risks and compliance breaches
• Ensure independence of the AML function (often reporting to CEO/Board)
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7. Training & Culture

• Deliver AML training across departments (especially operations, customer support, product)
• Ensure awareness of crypto-specific risks (e.g., DeFi, mixers, NFTs)
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8. Technology & Vendor Oversight

• Select and manage vendors (blockchain analytics, KYC providers)
• Validate effectiveness of monitoring systems
• Ensure data integrity and audit trails
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9. Audit & Continuous Improvement

• Coordinate internal/external AML audits
• Conduct independent testing of controls
• Remediate findings and track action plans
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10. Cross-Border Complexity (Global Company)

• Harmonize global AML standards while respecting local laws
• Manage data privacy constraints (e.g., GDPR vs surveillance requirements)
• Coordinate with regional MLROs or compliance officers
• Handle regulatory arbitrage risk (customers exploiting weaker jurisdictions)

Job Type: Full-time