Compliance Officer and MLRO

Responsibilities

• Build and scale OpenFX's global compliance infrastructure, including policies and procedures for virtual assets, payments, AML/CFT, and data security.
• Serve as the Money Laundering Reporting Officer (MLRO) and AML/CFT Compliance Officer for UAE regulated entities.
• Act as the primary point of contact for UAE regulators and lead licensing initiatives.
• Oversee client onboarding, KYC/KYB reviews, and Customer Due Diligence (CDD) to ensure adherence to regulatory standards.
• Leverage RegTech and blockchain analytics tools to enhance transaction monitoring and program scalability.
• Partner with Product, Engineering, and Legal teams to provide compliance advice on new products and market expansion.
• Manage compliance requirements and audits from banking partners and payment networks.
• Report on the UAE AML/CFT and sanctions program to the UAE Board.

Requirements

• Bachelor's degree.
• 5+ years of compliance experience in virtual assets, payments, fintech, or financial services.
• Strong understanding of UAE financial regulations, including AML/CFT legislation and Payment Services Regulations.
• Proven experience building and executing compliance programs, including AML/KYC processes and suspicious activity reporting.
• Experience serving as an MLRO or in a senior AML compliance role at a UAE-regulated entity.
• Excellent communication skills and the ability to work in a fast-paced startup environment.

Preferred Qualifications

• Experience in cross-border payments, FX, or virtual asset compliance.
• Familiarity with compliance technology such as Actimize, SAS, ComplyAdvantage, or blockchain tools like Chainalysis and Elliptic.
• Prior experience supporting UAE licensing applications and working directly with regulators.
• Law degree or professional certifications such as ICA, ACAMS, or CAMS.

Benefits

• Competitive salary and benefits package.
• Equity in a rapidly growing company.
• Opportunity to work at the forefront of fintech innovation and impact global financial infrastructure.

About the Company

OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. Backed by top-tier investors like Accel and Lightspeed, our team brings experience from industry leaders such as J.P. Morgan, Goldman Sachs, and Kraken.