Company description

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a product suite that includes the world's largest digital asset exchange and much more.

Trusted by over 200 millions of users worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.

More about Binance

Responsibilities:

Manage the second line of defense: Work closely with the management body and Heads of Functions across Luxembourg and abroad.
Lead compliance and regulatory matters with international regulatory bodies, including support for registrations.
Prepare regular reports and provide strategic direction to senior management regarding compliance matters.
Coordinate various regulatory filings to ensure timely and accurate submissions.
Develop compliance policies and audit program procedures to maintain regulatory standards.
Focus on internal compliance policy review, including ongoing assessments, assisting with compliance reviews, internal audit reviews, and ongoing or ad hoc reviews.
Work with in-house and external advisors to monitor and implement responses to regulatory developments that impact the business.
Track compliance items related to new product or service launches.
Collaborate with other departments on special projects and compliance initiatives as necessary.
Educate staff on compliance requirements and best practices.
Advise on and oversee the implementation of systems and controls to prevent financial crimes related to client funds.
Ensure compliance with the Money Laundering Act, terrorist financing requirements, and transfer of funds regulations.
Oversee the processes for CDD, EDD, sources of wealth, and beneficial ownership verification.
Implement and oversee transaction monitoring systems to detect and report suspicious activities.
Conduct risk assessments related to money laundering and financial crimes involving client funds.
Maintain and update compliance policies and manuals, including those related to Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT).
Develop and implement training programs to ensure high standards of AML/CFT awareness among employees.
Oversee the outsourcing of compliance-related activities, ensuring they meet regulatory standards.
Report to the governing body on financial security matters and ensure all AML reporting requirements are met.
Ensure compliance with and communicate any guidance from relevant regulatory agencies.
Identify and address any potential gaps in AML/CFT compliance, especially in outsourced functions.

Requirements:

Minimum of 10 years of experience in regulatory compliance, AML/CFT, or regulatory functions, preferably within a PSP or an EMI.
Strong knowledge of national and international AML/CFT legislation.
Ability to work independently in a fast-paced, global organization while maintaining close contact with relevant teams across multiple locations.
Excellent problem-solving skills with the ability to provide practical and efficient counsel.
Fluency in English is essential, French would be beneficial.
Luxembourg based.