At a glance
- Experience
- 2-3 years experience
- Location
- Bengaluru · India
About the role
- Axi is seeking a Principal Officer / Money Laundering Reporting Officer (MLRO) for their Trading Platform based in Bengaluru, India.
- The role involves filing STRs with the FIU-IND, acting as the single point of contact for all KYC - AML/CFT matters, and ensuring compliance with local and international regulations.
Responsibilities
- Ensure that our product and business is compliant with local and international KYC norms/laws.
- File STRs with FIU-IND in an error-free and timely manner.
- Be well versed with various Travel Rule providers and build engines to highlight and mitigate risks arising out of Crypto Deposits.
- Create risk policies on treatment of output flags from these vendors.
- Develop a sanction screening framework for the organisation.
- Own the KYC and Enhanced Due Diligence (EDD) pod to ensure that all onboarded customers are compliant, and the product is efficient to capture any ML risks.
- Work closely with the Product team to ensure that sufficient ML risk engines are built that will detect fraudulent transactions.
- Liaise with Law Enforcement Agencies (LEA) to ensure resolution of any KYC related issues identified.
- Keep informed of Virtual Digital Asset (VDA) travel rule regulations across the globe and help the company develop Standard Operating Policies (SOPs) in a manner that will lead to limited/no friction when local regulations are introduced.
- Be the owner for various internal KYC-EDD and other compliance SOPs.
Requirements
- 10+ years of experience preferably in the financial services or trading or fintech industry.
- Worked as an Principal Officer for at least 2-3 years.
- Deep understanding of compliance and risk.
- Worked with multiple teams thereby demonstrating strong collaborative traits with focus on problem solving.
- Keen to understand various concepts in Web3 like tokenization, custody, Travel Rule, etc.
- Excellent strategic thinking and problem-solving skills.
- Ability to work effectively in a fast-paced, dynamic environment.
- Bachelor’s degree from one of the premier colleges in India.
Preferred qualifications
- Experience in fintech/ digital / start-ups / other high growth set-ups will be valued.
- Post-graduation is a plus.
Benefits
- Competitive and attractive compensation.
- Extensive learning opportunities, such as professional training and certifications and soft skills development.
- 18 annual leave days per year.
- 12 sick days leave per year.
- Public holidays as declared by local government.
- Maternity leave as per law.
- Health Insurance.
