Compliance Officer & MLRO

Summary

Join Telcoin, a dynamic fintech firm, as a Compliance Representative in Mexico (remote). This key role focuses on establishing and maintaining AML/CFT operations, ensuring compliance with Mexican regulations and global standards. You will assist in the registration and licensing process, develop and implement AML/CFT policies, conduct risk assessments, oversee customer due diligence, and provide employee training. Collaboration with internal teams, legal counsel, and regulators is crucial. The ideal candidate possesses strong analytical and communication skills, along with relevant experience in the financial services industry, particularly within cryptocurrency or fintech compliance.

Requirements

• Bachelor's degree in Finance, Business Administration, Law, or a related field
• Prior experience in compliance roles within the financial services industry, with specific experience in cryptocurrency or fintech compliance highly desirable
• Prior experience working and collaborating with local regulators
• In-depth knowledge of Mexican regulatory requirements related to cryptocurrency operations
• Strong analytical skills and attention to detail, with the ability to assess and mitigate complex compliance risks
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and communicate complex regulatory concepts in a clear and concise manner
• Proven ability to adapt to a fast-paced and evolving regulatory environment
• English proficiency
• Resident in Mexico

Responsibilities

• Assist in preparing and collaborating with our legal team on submitting the application for Vulnerable Activity registration with the Tax Administration Service (“SAT”), VASP (Virtual Asset Services Provider) registration, obtaining a MSB (Money Transmitter License) and IFPE (Electronic Payment Fund Institution) licenses in Mexico
• Coordinate with VPs of Telcoin, local specialized advisors, legal team and other relevant parties to compile necessary documentation and ensure compliance with regulatory guidelines
• Monitor the progress of the registration application and address any inquiries or requests from the regulators
• Develop and implement the Mexican AML/CFT policies, procedures, and controls tailored to the unique characteristics of cryptocurrency operations
• Conduct regular risk assessments to identify and mitigate potential money laundering and terrorism financing risks
• Oversee customer due diligence (CDD) procedures, including KYC (Know Your Customer) and enhanced due diligence (EDD) measures for high-risk clients
• Submission of notices to the Financial Intelligence Unit, through the SAT
• Monitor transactions and account activity for suspicious behavior and ensure timely reporting of suspicious operations to the SAT
• Stay informed about emerging AML/CFT trends, regulations, and best practices, and make recommendations for enhancements to the compliance program
• Provide ongoing training and guidance to employees on AML/CFT compliance obligations, including the identification and reporting of suspicious activities
• Foster a culture of compliance within the organization through regular communication and awareness initiatives
• Serve as the primary point of contact for regulatory inquiries related to AML/CFT compliance
• Collaborate with regulators and industry stakeholders to address any compliance concerns or regulatory developments

Preferred Qualifications

Advanced degrees or professional certifications (e.g., CNBV, SAT) in compliance or AML/CFT