Requirements: English
Company: OnHires
Region: Budapest , Budapest
Job Title: Senior Crypto Compliance Officer
About Company:
The company is a liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry. The company specializes in the sphere of B2B services and products, catering to a wide range of clients including large licensed brokers, crypto exchanges, crypto brokers, forex brokers, hedge and crypto funds, and professional managers.
Key Responsibilities:
-Crypto-Specific Regulatory Compliance:
- Ensure adherence to FATF guidelines, EU AML Directives, SEC/CFTC crypto regulations, and other global frameworks governing crypto exchanges, custodians, and token issuers.
- Serve as the primary compliance contact for crypto-related licensing applications, regulatory reporting, and audits.
- Keep track of evolving regulations affecting the crypto industry, including stablecoins, NFTs, DeFi, and crypto derivatives.
-KYC/KYB & Crypto AML Processes:
- Oversee KYC/KYB for crypto exchanges, institutional clients, and high-risk individuals, ensuring compliance with multi-jurisdictional AML/CFT laws.
- Design and manage on-chain analytics processes, utilizing blockchain forensic tools (e.g., Chainalysis, Elliptic, TRM Labs) for transaction monitoring.
- Implement enhanced due diligence (EDD) protocols for high-risk crypto transactions, VASPs (Virtual Asset Service Providers), and cross-border transfers.
- Enforce the FATF Travel Rule, ensuring compliant data-sharing for crypto transactions between exchanges and counterparties.
-Risk Management & Transaction Monitoring:
- Develop and enhance real-time crypto transaction monitoring frameworks, integrating risk-based alerts for money laundering, fraud, and illicit finance.
- Oversee suspicious activity reporting (SAR/STR) processes for crypto transactions, escalating cases to relevant financial intelligence units (FIUs).
- Assess the risks associated with DeFi protocols, smart contracts, and decentralized exchanges (DEXs) to align with evolving compliance standards.
-Regulatory Engagement & Internal Governance:
- Act as the primary point of contact for crypto regulators, financial authorities, and law enforcement agencies in multiple jurisdictions.
- Lead the crypto licensing process, ensuring the company meets regulatory requirements for crypto trading, custody services, and token offerings.
- Design and maintain internal policies, regulatory reports, and compliance manuals tailored to crypto-specific risks and challenges.
- Represent the company in regulatory discussions, industry forums, and compliance summits to shape the evolving crypto compliance landscape.
-Compliance Automation & System Enhancements:
- Collaborate with tech teams to enhance KYC automation, blockchain monitoring, and Al-driven compliance solutions.
- Optimize AML software, smart contract risk assessments, and wallet risk-scoring mechanisms for crypto transactions.
- Implement real-time sanctions screening for crypto wallets and addresses, ensuring compliance with OFAC, EU, and UN sanction lists.
Qualifications:
- Education: Bachelor''s degree in Law, Finance, Business Administration, or a related field. Certifications such as CAMS, ICA, CRCM, or equivalent are preferred.
- Experience: Minimum 5+ years in crypto compliance, AML, or regulatory affairs, with a strong background in multi-jurisdictional compliance.
- Regulatory Expertise: Proven knowledge of FATF Travel Rule, SEC/CFTC crypto regulations, and AMLD frameworks.
- Technical Proficiency: Experience with blockchain forensic tools (Chainalysis, Crystal, Elliptic), AML software, crypto wallet risk scoring and/or Salesforce.
- Analytical & Communication Skills: Ability to analyze blockchain transactions, detect illicit activities, and communicate findings effectively to regulators and internal stakeholders.
Key Competencies:
- Crypto Regulatory Awareness: In-depth understanding of crypto licensing requirements, DeFi compliance, and virtual asset regulations.
- Strategic Thinking: Ability to develop and implement crypto compliance strategies aligned with evolving global regulations.
- Decision-Making: Capable of assessing high-risk crypto transactions and making informed compliance decisions.
- Tech-Savvy Approach: Familiarity with blockchain technology, crypto trading platforms, and smart contract compliance.