Compliance Officer and Money Laundering Reporting Officer
| Company Name: | Binance |
| Employment Type: | Full Time |
| Location: | Dubai |
| Experience: | 2-5 years |
| Degree: | Bachelor |
| Gender: | Any |
| Age: | Any |
| Nationality: | Any |
| Salary: | Unspecified |
| No. Of Vacancies: | 1 |
| Job Description: |
| Binance is the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption and increase the freedom of money. Are you looking to be a part of the most influential company in the blockchain industry and contribute to the crypto-currency revolution that is changing the world? The Compliance Officer and Money Laundering Reporting Officer (COMLRO) is an FSRA authorized role, responsible for managing the regulatory and AML/CTF risks of the company. The COMLRO serves as the main point of contact of the firm with all its regulators, law enforcement and other competent bodies and authorities and advises the staff, SEO and the Board on relevant regulatory and internal compliance policy matters. The Board has delegated responsibility for management of compliance and anti-money laundering functions to the COMLRO and he has the authority to carry out these responsibilities, in accordance with the direction and policies established by the Board. Compliance Officer Responsibilities Develop and maintain a positive and constructive relationship with the Regulators Ensure the effective implementation of the firm’s compliance policies and procedures Perform monitoring and surveillance reviews in line with the compliance monitoring plan Provide support and guidance to staff on regulatory, policy and procedural issues and application Provide the senior management with compliance management information Assist with client enquiries and requests for information Identify, log and resolve compliance issues, client complaints and policy and regulatory breaches Assist with ad hoc projects, monitoring tasks and regulatory change Review and update policies and procedures in line with regulatory changes Provide compliance training to staff Ensure timely completion and filing of regulatory reports with the regulator MLRO Responsibilities Ensure effective implementation of the firm’s AML/CTF policies and procedures and compliance with the regulations of the Central Bank of the UAE, FSRA’s AML Rulebook and international best practices Promote a culture of compliance with the relevant Anti Money Laundering (AML) and Counter Terrorism Financing (CTF) policies among all team members and business processes Staying up to date with AML/CTF and regulatory developments both locally and internationally Review AML/CTF policies and procedures to make sure they are current with the latest regulations Serve as a point of contact for the FSRA, UAE Police Forces, the Central Bank of the UAE and any other competent authorities of the UAE for AML/CTF issues Promptly respond to any request for information made by the FSRA or any other competent authorities of the UAE Maintain regular dialogue with the SEO and the Board to ensure their full awareness of all salient matters and to advise on regulatory implications of future business strategies Support the Know Your Customer (KYC) and EDD review process Identify, analyze and report suspicious transactions to the FIU of the Central Bank of the UAE Prepare and provide AML/CTF training to employees Ensure timely completion and submission of the Annual AML Return to the FSRA Working at Binance • Do something meaningful; Be a part of the future of finance technology and the no.1 company in the industry • Fast moving, challenging and unique business problems • International work environment and flat organisation • Great career development opportunities in a growing company • Possibility for relocation and international transfers mid-career • Competitive salary • Flexible working hours, Casual work attire |
