Compliance Officer, Money Laundering Reporting

Summary

Join VALR's growing global Compliance team as a Compliance Officer/Money Laundering Reporting Officer (MLRO) for VALR EU LLC. You will play a crucial role in ensuring compliance with EU regulations like AMLD, MiCA, and DORA. Responsibilities include AML/CTF monitoring, reporting, regulatory liaison, and internal compliance program development. The ideal candidate possesses at least 5 years of compliance experience, preferably in financial services or cryptocurrency, with strong AML/CTF expertise. EU residency or passport is required. VALR offers a competitive compensation package, remote work options, professional development opportunities, and a dynamic team culture.

Requirements

• Minimum of 3 years of experience handling AML/CTF matters
• At least 5 years of experience in a compliance role, preferably within the financial services or cryptocurrency sectors
• EU residency or an EU passport is required
• Strong regulatory compliance focus with the ability to manage complex compliance issues effectively
• Solid experience in compliance management, with a practical, solution-oriented approach

Responsibilities

• Carry out the role of the MLRO for VALR EU LLC
• Conduct all AML/CTF monitoring and reporting on behalf of VALR EU LLC, including submission of suspicious transaction/activity reports
• Work with management and staff to ensure that the business implements and maintains suitable systems and controls to meet the AML/CTF requirements
• Lead the preparation and coordination of responses to requests submitted by regulatory authorities
• Maintain records of internal and external reports, take subsequent action and maintain records of reasons for submission / non-submission
• Liaise with law enforcement agencies and respond to requests and inquiries
• Act as a central contact point with the relevant AML regulators
• Receive and investigate internal suspicious reports and report external suspicious activity
• Liaise and collaborate with other teams to prepare data required for the submission of reports requested by regulators
• Facilitate the development and maintenance of the appropriate AML/CTF culture within VALR EU LLC
• Maintain and implement an AML/CTF training programme and ensure that the relevant VALR employees are adequately trained
• Periodic reporting to the VALR EU LLC Board and Chief Compliance Officer, including status updates on the AML/CTF risks, controls and any gaps to be addressed
• Act as an escalation point in terms of AML / CTF matters in VALR EU LLC
• Advise money laundering suspicions and provide clear guidelines and ways forward regarding the application of the AML / CTF framework and internal controls
• Perform any other duties and responsibilities required to ensure that VALR EU LLC is compliant with applicable AML/CTF regulations
• Any other MLRO and compliance-related duties as mandated by law or required by the business from time to time
• Carry out the role of the Compliance Officer for VALR EU LLC
• Ensure compliance with MiCA, DORA, and any other cryptocurrency-related legislation that may be enacted from time to time
• Keep up to date with all relevant regulatory changes in the EU market and evolving best practices, carrying out gap analysis and business impact analysis on these changes
• Monitor, analyse and interpret proposed regulatory changes, participate in public consultation processes, solicit and collate feedback from various departments, and compile comments for submission on behalf of VALR EU LLC during the public consultation process
• Provide advice on proposed legislation and regulation and how it may affect the business operations, both local and international
• Identify, evaluate and test the adequacy and effectiveness of compliance controls
• Develop the compliance monitoring plan and execute compliance monitoring reviews within defined timeframes
• Identify and manage internal compliance operational controls, and carry out regular independent reviews as required
• Identify, highlight, and manage regulatory risks, findings, and recommendations identified internally or by independent reviews
• Report to and assist the Group Chief Compliance Officer, Country Manager & Global Compliance team
• Assisting with ad hoc projects, including ad hoc submissions and requests
• Prepare compliance audit data by compiling and analysing internal information
• Internal and external stakeholder engagements at an operational and Board level including liaising with regulatory authorities
• Develop and maintain relationships with regulatory authorities and stay abreast of changes in the regulatory environment and best practices

Preferred Qualifications

• MLRO experience is highly desirable
• Familiarity with GoAML and Chainalysis (or similar cryptocurrency tracing software) is a plus
• Experience working with MiCA and in the Polish market is highly regarded
• Prior experience in a leading financial institution or crypto asset service provider is highly preferred
• Residency in Poland is a distinct advantage
• Passion for cryptocurrency and/or alternative financial systems, with up-to-date industry knowledge

Benefits

• Innovative Work Environment Engage with the latest blockchain technologies and tools in a rapidly evolving industry
• Work from anywhere with secure, stable internet connectivity, allowing you to create your ideal workspace
• Career Development Benefit from an annual professional development allowance alongside scheduled company training sessions to keep you at the forefront of the crypto industry
• Competitive Compensation Competitive salaries that align with industry standards
• When you contribute to our success, you’ll be rewarded with discretionary bonuses, recognising your impact on VALR’s growth
• Diversity and Inclusion A commitment to fostering a diverse workforce with initiatives that promote equity and belonging
• Wellness Employees are encouraged to strive for coherent and wholesome lives, fulfilling their work, personal, social, physical and spiritual goals to the best of their abilities
• Compliance with statutory leave required by individual countries, in addition to flexible leave options
• Impact and Contribution At VALR, we believe in a financial system that recognises the oneness of humanity. Our mission is to break down financial barriers and promote universal values of courage, ethical integrity, and the intrinsic worth of every individual
• Engage in initiatives that promote education and awareness about cryptocurrencies, ensuring that everyone has the tools and knowledge to participate in the evolving financial landscape
• Dynamic Team Culture Open communication and teamwork across departments, fostering innovation and creativity
• Enjoy social gatherings outside of work to strengthen team bonds and boost morale
• Global Exposure Work with colleagues from around the world
• Exposure to diverse perspectives and practices in the crypto space
• Recognition and Rewards Regular acknowledgement of employee accomplishments, fostering a culture of appreciation and motivation
• Join us for retreats that blend professional development with team bonding in inspiring locations
• Tools for Success Receive a Mac laptop and a discretionary allowance to purchase all the extras needed for a productive home office—yours to keep after three years (terms and conditions apply)