Compliance Manager

We are looking for a dynamic and driven person to fulfill the role of Compliance Manager for our UK entity and custody business line. This individual will be responsible for oversight of our compliance with AML and CTF rules, lead the operation of and effectiveness of the systems and controls in our financial crime compliance. Therefore the successful candidate will have gained experience in the financial industry and proven experience in a compliance function whilst being excited to design, lead, and shape the future of cryptocurrency oversight and compliance.

The individual will engage with multiple internal stakeholders across the business and risk functions, as well as externally with regulators and industry bodies. As we operate in a complex and multi-layered regulatory environment, there will be a lot of coordination with the US office to ensure that UK jurisdictional compliance practices are adhered to in a multi-entity structure. The other key market being the European Union and keeping on top of regulatory developments there, specifically around the EU’s Digital Finance Strategy and the draft regulation on Markets in Crypto-assets (MiCA). This role is well suited to an accomplished compliance professional looking to apply their existing knowledge, and build bespoke compliance and risk management frameworks for the new asset class of cryptocurrencies.

Primary Responsibilities:

• Assist the MLRO in overseeing Genesis Custody’s UK compliance framework
• Review, assess and enhance compliance policies/ procedures and the compliance monitoring program to reflect developments in the regulatory environment
• Collaborate on new and innovative product offerings within the custody business line to ensure compliance with applicable laws and regulations
• Oversee and enhance KYC/CDD programs conducted by the broader Genesis Group when onboarding new clients to the custody product line and on an ongoing basis
• Contribute to the risk analysis of our new cryptoasset listing program
• Draft internal and external Suspicious Activity Reports (SARs)
• Assist the MLRO with managing all regulatory inquiries
• Provide internal reporting to broader senior management on our compliance surface area and key metrics on a product and corporate level.
• Work with other departments on matters of data protection and help ensure compliance with data protection law.
• Provide training to relevant staff on regulatory and legislative requirements, as well as the maintenance of training records

Requirements

• Good level of experience in a compliance/risk related function at an investment bank, wider financial services. Ideally has also worked with new products or in a Fintech environment.
• Bachelor’s level degree required and professional qualifications preferred
• Experience of designing and/or implementing compliance testing/monitoring programs, including experience relating to the testing/monitoring of Anti Money Laundering (AML) and Financial Crime controls
• Strong business acumen and the ability to be a business-minded regulatory advisor
• Knowledge of financial services regulation in the UK and EU
• Ability to proactively analyse relevant business drivers and strategies with senior management and colleagues to put in place appropriate processes and controls.
• Confident and prepared to voice concerns and challenges; key stakeholder engagement skills required

Nice to haves

• Experience working with product teams launching fintech, financial services, investment, or similar products.
• Knowledge of main blockchain protocols and chain tracking
• Experience in working with cryptocurrencies

Benefits

• Comprehensive health, vision, dental and FSA benefits
• Flexible time off