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naukri

Head of Compliance & MLRO Crypto Derivatives Licensing

Client of Proof of Search
Dubai, UAE
Full Time
Director
Yesterday
AML/CFTRegulatory ComplianceTransaction MonitoringSanctions ScreeningSuspicious Activity ReportingDerivatives Licensing
Free

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AML/CFTRegulatory ComplianceTransaction Monitoring
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Role Overview

  • A fast growing crypto trading platform is seeking a Head of Compliance & MLRO. The company holds a licence from a leading virtual asset regulator to operate a regulated Spot exchange and is part of a larger international trading group.

Role & Responsibilities

  • Lead the Compliance and MLRO function, managing and developing a team of AML analysts.
  • Keep all policies continuously updated and aligned with evolving local regulatory rulebooks and federal level regulation.
  • Translate regulation into operations: convert every applicable regulatory requirement into concrete internal processes, steps and checks embedded in the business's systems and procedures with clearly defined roles, thresholds, timelines and SLAs, escalation points, quality controls, complete audit t
  • Discharge all MLRO duties, including oversight of transaction monitoring, sanctions screening, suspicious activity reporting and regulatory filings.
  • Act as the primary point of contact with the regulator for ongoing supervision: prepare submissions, respond to regulator queries clearly and articulately, and manage inspections and periodic reporting.
  • Lead and project manage the full Derivatives licence application process, from gap analysis and application preparation through to regulator engagement, approval and go live.
  • Draft the new policies required for derivatives activity and amend existing policies to incorporate derivatives requirements (market conduct, risk disclosures, margin and liquidation, client suitability, and related areas).
  • Cascade the derivatives framework down to process and procedure level, ensuring every new requirement is operationalised to the same audit ready standard as the Spot business.
  • Work hand in hand with the regulator and the company's product, legal and engineering teams to secure approval and launch new business lines, including crypto and stock perpetual futures.

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