Mlro UK

London - UK

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Binance is a leading global blockchain ecosystem behind the worlds largest cryptocurrency exchange by trading volume and registered users. We are trusted by over 280 million people in 100 countries for our industry-leading security user fund transparency trading engine speed deep liquidity and an unmatched portfolio of digital-asset products. Binance offerings range from trading and finance to education research payments institutional services Web3 features and more. We leverage the power of digital assets and blockchain to build an inclusive financial ecosystem to advance the freedom of money and improve financial access for people around the world.

Responsibilities:

MLRO Duties
Serve as the firms nominated officer under Regulation 21 of the Money Laundering Regulations 2017 (as amended) (the MLR).
Maintain and oversee the firms AML/CTF/CPF compliance framework including compliance policies and processes ensuring alignment with the MLR FCA expectations and the FCA Financial Crime Guide (FCG).Oversee the firms enterprise-wide risk assessment (EWRA) customer risk assessments and enhanced due diligence for higher-risk relationships.
Receive assess and investigate internal Suspicious Activity Reports (SARs) and determine when to escalate to the NCA.
Design and oversee the implementation of appropriate AML/CFT monitoring systems and controls in the context of outsourcing day-to-day financial crime processes.
Ensure robust training programmes for employees including bespoke sessions for front-line onboarding and marketing staff as required.
Report regularly to the Board on the firms financial crime risk exposure control effectiveness and key metrics.

Financial Promotions & Regulatory Compliance
Oversee and advise on compliance with the UK Financial Promotions Regime under section 21 of FSMA and relevant FCA rules.
Ensure all cryptoasset financial promotions comply with the FCAs fair clear and not misleading standard mandatory risk warnings and consumer categorisation rules.
Collaborate with Marketing Product and Legal teams to ensure that promotions are approved documented and monitored.
Maintain an up-to-date understanding of the cryptoasset financial promotions regime including changes under the new section 21 approver regime and CP25/25 Handbook applications.
Support readiness for future cryptoasset-specific rules under CP25/25 including Consumer Duty etc.
Advise the firm on emerging AML/CFT/CPF and cryptoasset regulation trends.
Provide subject-matter expertise to the Board and senior management on FCA financial crime expectations Cryptoasset AML registration and FSMA authorisation processes.

Requirements:

Minimum 6 years experience as an MLRO or Deputy MLRO within a regulated financial services or cryptoasset business.
Deep knowledge of UK AML/CTF regulations (MLR Proceeds of Crime Act 2002 Sanctions and Anti-Money Laundering Act 2018).
Demonstrated experience with the UK Financial Promotions Regime ideally including cryptoasset or high-risk investment promotions.
Proven engagement with the FCA including in relation to AML supervision regulatory reporting or authorisation processes.
Working knowledge of blockchain technology digital assets and associated AML typologies.
Strong understanding of FSMA SYSC COCON SM&CR and the FCAs FCG.
Ability to work independently in a fast-paced global organisation maintaining close contact with relevant teams across multiple locations.
Excellent problem solving skills and ability to provide useful and efficient counsel.
Good understanding in performing risk assessments periodic/trigger reviews and enhanced due diligence.
Curious to learn independently and confident to ask questions to achieve the best results.
Proactive and self-oriented diligent team player.
Professional qualifications such as ICA Diploma in AML CAMS or equivalent are highly desirable.

Why Binance

Shape the future with the worlds leading blockchain ecosystem

Collaborate with world-class talent in a user-centric global organization with a flat structure

Tackle unique fast-paced projects with autonomy in an innovative environment

Thrive in a results-driven workplace with opportunities for career growth and continuous learning

Competitive salary and company benefits

Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)

Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success.

By submitting a job application you confirm that you have read and agree to our Candidate Privacy Notice.

We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

Responsibilities:

MLRO Duties
Serve as the firms nominated officer under Regulation 21 of the Money Laundering Regulations 2017 (as amended) (the MLR).
Maintain and oversee the firms AML/CTF/CPF compliance framework including compliance policies and processes ensuring alignment with the MLR FCA expectations and the FCA Financial Crime Guide (FCG).Oversee the firms enterprise-wide risk assessment (EWRA) customer risk assessments and enhanced due diligence for higher-risk relationships.
Receive assess and investigate internal Suspicious Activity Reports (SARs) and determine when to escalate to the NCA.
Design and oversee the implementation of appropriate AML/CFT monitoring systems and controls in the context of outsourcing day-to-day financial crime processes.
Ensure robust training programmes for employees including bespoke sessions for front-line onboarding and marketing staff as required.
Report regularly to the Board on the firms financial crime risk exposure control effectiveness and key metrics.

Financial Promotions & Regulatory Compliance
Oversee and advise on compliance with the UK Financial Promotions Regime under section 21 of FSMA and relevant FCA rules.
Ensure all cryptoasset financial promotions comply with the FCAs fair clear and not misleading standard mandatory risk warnings and consumer categorisation rules.
Collaborate with Marketing Product and Legal teams to ensure that promotions are approved documented and monitored.
Maintain an up-to-date understanding of the cryptoasset financial promotions regime including changes under the new section 21 approver regime and CP25/25 Handbook applications.
Support readiness for future cryptoasset-specific rules under CP25/25 including Consumer Duty etc.
Advise the firm on emerging AML/CFT/CPF and cryptoasset regulation trends.
Provide subject-matter expertise to the Board and senior management on FCA financial crime expectations Cryptoasset AML registration and FSMA authorisation processes.

Requirements:

Minimum 6 years experience as an MLRO or Deputy MLRO within a regulated financial services or cryptoasset business.
Deep knowledge of UK AML/CTF regulations (MLR Proceeds of Crime Act 2002 Sanctions and Anti-Money Laundering Act 2018).
Demonstrated experience with the UK Financial Promotions Regime ideally including cryptoasset or high-risk investment promotions.
Proven engagement with the FCA including in relation to AML supervision regulatory reporting or authorisation processes.
Working knowledge of blockchain technology digital assets and associated AML typologies.
Strong understanding of FSMA SYSC COCON SM&CR and the FCAs FCG.
Ability to work independently in a fast-paced global organisation maintaining close contact with relevant teams across multiple locations.
Excellent problem solving skills and ability to provide useful and efficient counsel.
Good understanding in performing risk assessments periodic/trigger reviews and enhanced due diligence.
Curious to learn independently and confident to ask questions to achieve the best results.
Proactive and self-oriented diligent team player.
Professional qualifications such as ICA Diploma in AML CAMS or equivalent are highly desirable.

Why Binance

Shape the future with the worlds leading blockchain ecosystem

Collaborate with world-class talent in a user-centric global organization with a flat structure

Tackle unique fast-paced projects with autonomy in an innovative environment

Thrive in a results-driven workplace with opportunities for career growth and continuous learning

Competitive salary and company benefits

Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)

Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success.

By submitting a job application you confirm that you have read and agree to our Candidate Privacy Notice.

Apply Now

About Company

Binance

Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, Info, Academy, Trust Wallet, and Blockchain Charity Foundation (BCF). Binance Exchange is one of the fastest and most popular cryptocurrency exchange platforms in the world, capable of processing over 1.4 millio ... View more

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