Alternate Compliance Officer

📋 Description

• • Join OKX, a leading force in the cryptocurrency exchange landscape and the innovator behind OKX Wallet, empowering millions with access to crypto trading and decentralized applications (dApps). We are a trusted brand for hundreds of institutions seeking entry into crypto markets, recognized for our safety, reliability, and Proof of Reserves. Our global team is united by core principles: We Before Me, Do the Right Thing, and Get Things Done, fostering a collaborative, rewarding, and diverse environment for all OK-ers.
• • We are seeking a highly experienced and strategic Alternate Head of Compliance to provide crucial support to the Head of Compliance in overseeing our Seychelles Virtual Asset Service Provider (VASP) compliance program. This pivotal role is designed to ensure our Seychelles compliance framework is not only robust and effective but also agile and responsive to the dynamic regulatory landscape, aligning seamlessly with global and regional compliance standards.
• • In this capacity, you will lead a dedicated team focused on driving project management excellence and operational efficiency within the compliance function. Your leadership will extend to ensuring adherence to market conduct regulations, prudential standards, and licensing requirements specific to the Seychelles jurisdiction.
• • As the statutorily appointed Alternate Compliance Officer for our Seychelles entity, you will be instrumental in establishing, maintaining, and rigorously monitoring a comprehensive and effective compliance framework. This includes ensuring unwavering adherence to all regulatory mandates issued by the Financial Services Authority (FSA) and the Financial Intelligence Unit (FIU), with a particular emphasis on Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) obligations, stringent market conduct rules, and essential prudential standards.
• • Furthermore, you will serve as the Alternate Money Laundering Reporting Officer (MLRO), taking direct responsibility for the timely and accurate reporting of suspicious transactions to the FIU and acting as a key liaison with this vital regulatory body. Your role will be critical in safeguarding the integrity of our operations and maintaining regulatory trust.
• • **Regulatory Compliance & Oversight:**
• • Officially serve as the designated Alternate Compliance Officer and MLRO for the OKX entity operating within Seychelles.
• • Act as the secondary, yet critical, point of contact for the Seychelles FSA and FIU, expertly managing interactions during inspections, audits, and routine inquiries.
• • Play a key role in the drafting, meticulous maintenance, and regular updating of the Compliance Manual, the comprehensive AML/CFT program, and all associated internal policies and procedures.
• • Guarantee that all required regulatory returns, notifications, and reports are submitted accurately and punctually to the relevant authorities.
• • **AML/CFT & Financial Crime Control:**
• • Actively assist in the implementation and diligent oversight of the AML/CFT compliance program, encompassing robust Know Your Customer (KYC)/Customer Due Diligence (CDD) processes, enhanced due diligence (EDD) for high-risk clients, effective sanctions screening, vigilant transaction monitoring, and meticulous record-keeping.
• • Prepare and submit Suspicious Transaction Reports (STRs) to the FIU with precision and within stipulated timelines.
• • Support the oversight and implementation of the Travel Rule and other critical requirements pertaining to virtual asset transfers, ensuring compliance with evolving industry standards.
• • Conduct ongoing customer reviews and periodic risk assessments to proactively identify and mitigate potential financial crime risks.
• • **Risk Management & Monitoring:**
• • Maintain and regularly update the compliance risk register, and lead comprehensive risk assessment initiatives.
• • Develop, implement, and manage a robust compliance monitoring and testing program, identifying operational weaknesses and proposing effective remedial actions.
• • Assist in preparing and presenting compliance reports to the Board of Directors, clearly articulating identified risks, any breaches, and the status of remediation efforts.
• • **Training & Awareness:**
• • Design and deliver engaging and effective AML/CFT and broader compliance training programs for all staff and directors.
• • Cultivate and promote a strong, pervasive culture of compliance throughout the entire organization.
• • Continuously monitor emerging regulatory developments and provide timely, actionable advice to senior management regarding their implications for ongoing operations.
• • **Governance & Support:**
• • Collaborate closely with business, operations, and technology teams to ensure compliance considerations are seamlessly integrated into daily activities and strategic planning.
• • Provide essential compliance input and support for the development and expansion of new products and services, ensuring regulatory adherence from inception.
• • This role is ideal for a seasoned compliance professional who thrives in a fast-paced, innovative environment and possesses a deep understanding of regulatory frameworks within the financial services and virtual asset sectors. You will be a key player in shaping and upholding OKX's commitment to integrity and regulatory excellence in the Seychelles.