Head of Anti-Money Laundering (AML) (100% remote - Germany)

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Why Join Us?
Our team is a global talent powerhouse, working remotely from every corner of the world. If you’re passionate about making a mark in the fintech space, this is your opportunity to collaborate with some of the brightest minds.

About the job:

We are seeking an experienced Head of Anti-Money Laundering (AML) to lead our compliance initiatives and develop robust anti-financial crime strategies. This senior management position will play a critical role within the second line of defense, requiring interaction with executive leaders, first-line defense managers overseeing the onboarding processes, and third-line defense auditors. The ideal candidate will have extensive experience engaging with global regulators and a deep understanding of anti-money laundering (AML), countering the financing of terrorism (CFT), counter-proliferation financing (CP), and sanctions. This role requires a thorough knowledge of cryptocurrency regulations, global AML best practices, and AML investigative methodologies.

Reporting Structure: This position will report directly to the Chief Compliance Officer (CCO) and will oversee a team of managers, including the Enhanced Due Diligence Lead and the Data and Payments Lead.

Key Responsibilities:

• Develop, implement, and maintain the AML/CFT/CP and Sanctions compliance program, ensuring alignment with international regulatory requirements and industry best practices.
• Manage the EDD Lead and the Payments and Data Lead, facilitating consultations on risk assessments related to customer onboarding, internal investigations, and suspicious activity reporting (SARs).
• Supervise the team in the execution of tasks such as demarketing customers, freezing accounts and transfers, and managing ongoing monitoring of accounts.
• Train and develop team members on AML risk management, compliance obligations, and best practices in enhanced due diligence.
• Serve as a senior management representative in discussions with executive leaders, presenting data-driven insights and strategies to enhance the AML program.
• Help compile and analyze data for internal and external reporting, ensuring accurate and timely communication of compliance metrics to executive leadership.
• Interface with regulators during regulatory examinations, facilitating communication and ensuring compliance with requests for information.
• Collaborate with first-line defense managers overseeing onboarding processes to ensure effective risk management and compliance with AML policies.
• Interface with the Head of RegTech to identify and implement technological solutions for case management, know your transaction (KYT), internal investigations, secondary market analysis, and travel rule compliance.
• Oversee the Enhanced Due Diligence Lead, who is responsible for EDD processes, investigations, Suspicious Activity Reporting (SAR), and periodic reviews of customers.
• Supervise the Data and Payments Lead, who handles payment processing and data retrieval for regulators, banking partners, auditors, and other third parties.
• Provide oversight and guidance on anti-financial crime investigations, advising on suspicious activity reporting conducted by AML analysts.
• Engage with global regulatory bodies and law enforcement agencies to ensure effective communication and compliance with evolving regulations.
• Monitor and analyze changes in global cryptocurrency regulations with the Regulatory and Licensing Team, adjusting policies and procedures accordingly to mitigate compliance risks.
• Oversee enhanced due diligence (EDD) processes for high-risk customers, ensuring thorough assessments and appropriate risk mitigation strategies are in place.
• Develop and implement effective customer onboarding processes, ensuring compliance with know your customer (KYC), customer due diligence (CDD) and AML regulations.
• Oversee the EDD team’s use of blockchain analysis tools to identify and investigate suspicious transactions, enhancing the organization’s ability to detect and prevent financial crime.
• Procure training and awareness programs for staff on AML/CFT compliance and best practices in the cryptocurrency space.
• Strategize and recommend improvements to the AML program based on industry trends, regulatory changes, and emerging risks.
• Oversee AML investigations, ensuring comprehensive SAR narratives are drafted and submitted in accordance with regulatory requirements.
• Oversee responses to global law enforcement requests and subpoenas.

Minimum Requirements:

• Bachelor’s degree in finance, business, criminal justice, or a related field.
• Advanced degrees or relevant certifications (e.g., CAMS) are preferred.
• Minimum of 5 years of experience in AML, CFT, CP, and sanctions compliance, with experience in a cryptocurrency company or traditional financial institution.
• Strong understanding of KYC, CIP, CDD, and EDD processes and best practices.
• Demonstrated experience in managing teams and training staff in AML risk management.
• Proven ability to conduct AML investigations and write clear, comprehensive SAR narratives.
• Deep knowledge of the Bank Secrecy Act, OFAC sanctions, and FinCEN requirements.
• Excellent analytical and critical thinking skills, with a strong attention to detail.
• Strong interpersonal and communication skills, with the ability to interact effectively with colleagues, regulators, and other stakeholders.
• Ability to work independently and collaboratively in a fast-paced, dynamic environment.

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