(Senior) Compliance Manager, UAE

4 Hours ago • All levels

About the job

Summary_{By Outscal}

OKX is seeking a Compliance Manager to lead compliance initiatives in the UAE, ensuring adherence to regulations, implementing frameworks, and fostering innovation within the rapidly evolving cryptocurrency sector. Proven AML/CFT experience in fintech or financial services is essential, along with strong analytical and communication skills.

Who We Are

At OKX, we believe that the future will be reshaped by Crypto, ultimately contributing to every individual's freedom. OKX began as a crypto exchange giving millions of people access to crypto trading and over time becoming among the largest platforms in the world. In recent years, we have developed one of the most connected Web3 wallets used by millions to access decentralized crypto applications (dApps). OKX is a trusted brand by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments. In the last year, OKX has expanded into new markets including Australia, Brazil, Netherlands, Singapore and Turkey, with plans to launch in the US, Belgium and the UAE.

We are deeply committed to shaping a fairer, more transparent and accessible society through blockchain technology. This is why we publish proof of reserves monthly, and continue to ship new innovative security features.

About the Team

The Compliance function at OKX is responsible for the overall compliance culture at the company. We’re a team of risk-minded problem solvers who advise the business on the company’s regulatory obligations and enterprise risk.

About the Opportunity

The Compliance Manager role offers a unique and exciting opportunity to influence regulatory adherence in a rapidly evolving industry. In this position, you will lead compliance initiatives by developing and implementing frameworks that align with local and international regulations, ensuring the company operates within legal boundaries while fostering innovation. You will have the chance to influence industry standards by collaborating with regulatory bodies and industry groups, helping to shape the future of compliance in the cryptocurrency sector. Additionally, you will engage with cutting-edge technology in a dynamic environment, allowing for continuous learning and adaptation. This role is crucial for driving organizational integrity and promoting a culture of compliance and ethical conduct, ensuring that all employees understand their responsibilities in upholding regulatory standards.

What You’ll Be Doing

Contributing to designing, implementing, and maintaining internal compliance manuals, policies, procedures, and systems for combating money laundering and terrorism financing.
Supporting the MLRO in ensuring OKX UAE complies with its regulatory and legal responsibilities, including VARA Guidance and industry best practice
Supporting the ongoing monitoring and resolution of AML/CFT related cases
Assisting in responding to legal and regulatory requests
Liaising with law enforcement agencies and other external partners
Providing advice and guidance on AML/CFT related matters where appropriate
Preparing OKX UAE for independent AML/CTF and/or Compliance testing.
Engaging cross-functionally (with groups such as Data, Engineering, Finance, Legal, Product, and Risk) to implement an effective compliance management program in line with UAE standards and industry best practices.
Deputising for the MLRO as required ensuring that any internal suspicious activity reports or other referrals are quickly assessed, documented and where appropriate reported to the relevant authorities
Overseeing compliance reviews and investigations.
Supporting the MLRO in preparing Compliance reports, including reports to management and the Board of OKX UAE, and other materials as required by internal stakeholders.

What We Look For In You

Bachelor’s degree in finance, law, business administration, or a related field; a master’s degree or relevant certifications (e.g., CAMS, CCEP) is preferred.
Proven experience in compliance management, including previous experience as an MLRO/ Deputy MLRO, preferably within the cryptocurrency, fintech, or financial services industries.
Proven experience in dealing with regulators and auditors on AML audit and/or investigations.
Strong knowledge of AML, CTF, and data protection regulations, with a demonstrated ability to raise SARs to FIUs effectively.
Excellent analytical skills, with the capacity to interpret complex regulations and apply them effectively within the organization.
Exceptional communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
Strong project management and remediation experience.
Detail-oriented and proactive, with strong problem-solving and risk management skills.