Capitex Hiring for MLRO (Crypto/VARA) at Dubai Full Time

Job Description:

Position: MLRO (3-5 Years Experience)

Company Type: Crypto

Location: Dubai

Hybrid (Onsite & Remote)

Start Date: ASAP

Working Week: Full Time/Permanent

Salary: 32,000 AED (PCM)

Preferences:

– Experienced Getting License With VARA (Or Other Regulators)

– Can Train Junior KYC/AML Staff

Responsibilities:

• Develop and implement the company’s AML and CTF policies, procedures, and controls specific to the crypto industry.
• Stay up-to-date with relevant local and international regulations, guidelines, and best practices, and ensure compliance within the organization.
• Conduct ongoing monitoring and due diligence of customer accounts, transactions, and activities to identify and mitigate potential money laundering or terrorist financing risks.
• Implement robust customer onboarding and KYC (Know Your Customer) processes, including enhanced due diligence measures for higher-risk customers or transactions.
• Conduct periodic reviews and assessments of the company’s AML/CTF program, identifying any areas of improvement or potential vulnerabilities.
• Collaborate with internal stakeholders, including compliance, legal, operations, and technology teams, to enhance and automate AML/CTF processes and controls.
• Act as the primary point of contact for regulatory bodies, responding to inquiries and requests related to AML/CTF matters.
• Provide training and guidance to employees on AML/CTF regulations, policies, and procedures.
• Stay informed about emerging trends, technologies, and risks in the crypto industry, and adapt the AML/CTF program accordingly.
• Conduct internal investigations into suspicious activities or transactions, working closely with relevant teams and authorities as necessary.
• Prepare and submit regulatory reports, including suspicious activity reports (SARs) and STRs (Suspicious Transaction Reports), within the specified timeframes.

Requirements:

• Bachelor’s degree in finance, law, or a related field. Advanced degree or professional certification in AML or compliance is highly desirable.
• A minimum of 5 years of relevant experience as an MLRO or in a similar role within the crypto industry.
• Thorough understanding of AML/CTF regulations and guidelines applicable to cryptocurrencies and blockchain technology.
• In-depth knowledge of local and international AML/CTF laws, regulations, and best practices, including those issued by relevant regulatory bodies (e.g., Central Bank, Financial Intelligence Units, FATF).
• Strong familiarity with the operations and technologies used in the crypto industry, including wallets, exchanges, decentralized finance (DeFi), and blockchain analytics tools.
• Proven experience in designing and implementing effective AML/CTF programs, policies, and procedures specific to the crypto industry.
• Excellent analytical and investigative skills, with the ability to identify patterns, trends, and red flags related to money laundering or terrorist financing.
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and interact confidently with regulatory authorities.
• Strong attention to detail and the ability to work in a fast-paced, dynamic environment.
• Fluency in English; knowledge of Arabic is a plus.
• Join our dynamic team and contribute to the advancement of the crypto industry while ensuring compliance and safeguarding the integrity of our financial ecosystem.

Please could you attach:

• Your number
• Your notice period (if any)
• When you could start
• Where you are located

Along with your updated resume and a cover letter highlighting your relevant experience and achievements as an MLRO in the crypto sector and VARA experience.