Head of Compliance

Key Responsibilities

• Monitor and adapt Airtm’s BSA/AML/OFAC program to legislative and regulatory developments and provide subject matter expertise and establish risk mitigating controls commensurate with Airtm’s risk profile.
• Effectively lead, manage, and coach the BSA/AML/OFAC team in monitoring, investigating, and reporting processes.
• Structure and manage the Compliance team to ensure: i) proper documentation is maintained through narratives, ii) workflows and processes are as automated and adhoc to the nature of Airtm as possible.
• Maintain a current and in-depth knowledge of BSA, AML, OFAC, and all related regulations and licensing regimes;
• Work closely with the legal department to understand new licensing regimes which may be applicable to the firm, and to lead on implementing new compliance programs and procedures.
• Manage customer risk-rating processes, including initial and on-going assessments and reviews, to appropriately reflect the Company’s business model.
• Design and implement Airtm’s reporting workflows within BSA/AML/OFAC standards to management and other AML personnel, including preparing SAR filings and law enforcement requests with appropriate government agencies when applicable.
• Work with internal auditors, consultants, and regulatory examiners in connection with their review of the BSA/AML/OFAC program, including collecting and preparing requested documents and consulting with the same on various matters.
• Manage BSA/AML/OFAC software, including model validation and calibration efforts, as well as change control procedures.
• Assists in preparing the monthly Board of Director reports, presentations, and other materials, and annual board BSA/AML/OFAC training.

Experience & skills required

• Bachelor's Degree or its equivalent plus specialized coursework and training.
• Minimum of 6 years demonstrated BSA/AML Compliance experience, and/or relevant compliance experience in the financial services industry.
• Minimum of 3 years BSA/AML leadership experience preferred, although experience of other financial regulatory regimes or digital asset regulatory regimes will be considered.
• Experience obtaining licensing is a plus.
• Excels in a fast-paced team-oriented environment.
• Ability to develop and document effective procedures.
• Analytical skills to appropriately apply to BSA/AML/OFAC software (model validation and calibration).

Preferred qualifications

• Certified Anti-Money Laundering Specialist (CAMS).
• Certification SQL or other programming skills.
• Proven success at virtually managing geographically dispersed teams/members.