MLRO, Austria

OSL; Wien; On-site; EUR 90,000 - 120,000; Full time

Job summary

OSL in Austria seeks a Compliance Officer & MLRO to establish and oversee the company’s AML/CTF program in line with Austrian law and EU directives, including MiCAR. You will lead KYC/CDD, risk assessments, and regulatory reporting to the FMA while ensuring GDPR compliance and staff training.

The role requires fluency in German and English, a strong compliance background in financial services or crypto, and the ability to interact with regulators and senior management effectively.

Qualifications

• Bachelor's degree required in law, finance, business administration or related field.
• Minimum 5 years in a compliance role within financial services, crypto experience preferred.
• In-depth knowledge of Austrian AML/CTF laws (FM-GwG) and EU directives (MiCAR).
• Strong knowledge of KYC/CDD principles and best practices.

Responsibilities

• Design, implement, and maintain AML/CTF program compliant with FM-GwG, MiCAR and regulations.
• Conduct risk assessments and implement risk mitigation controls.
• Monitor transactions for suspicious activity and report to authorities.
• Act as primary contact with the FMA and other regulators.
• Develop and deliver AML/CTF training for employees and promote compliance culture.

Skills

AML/CTF expertise

KYC/CDD knowledge

Regulatory reporting

FM-GwG knowledge

MiCAR familiarity

German language

English language

Stakeholder communication

Education

Bachelor's degree in law/finance/business

Job description

Job Summary:

The Compliance Officer & MLRO will be responsible for establishing, implementing, and overseeing all aspects of the company's compliance program, with a strong focus on Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations, in accordance with Austrian law and relevant EU directives, including MiCAR. The role holder will act as the primary point of contact with the Austrian Financial Market Authority (FMA) and ensure the company's operations adhere to the highest standards of regulatory compliance.

Key Responsibilities:

• Design, implement, and maintain a comprehensive AML/CTF program that complies with the Financial Market Anti-Money Laundering Act (FM-GwG), MiCAR, and other applicable regulations. Develop, update, and maintain AML/CTF policies, procedures, and internal controls, including Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) measures.
• Conduct regular risk assessments to identify and evaluate the company's exposure to money laundering and terrorist financing risks. Develop and implement risk mitigation strategies and controls.
• Establish and maintain systems for monitoring transactions for suspicious activity.
• Investigate and report suspicious transactions to the FMA in a timely and accurate manner.
• Act as the primary point of contact with the FMA and other relevant regulatory authorities.
• Develop and deliver AML/CTF training programs for employees at all levels.
• Promote a culture of compliance within the organization.
• Ensure compliance with GDPR and other data protection laws in the context of AML/CTF obligations.

Qualifications and Experience:

• Bachelor's degree in law, finance, business administration, or a related field.
• Minimum of 5 years of experience in a compliance role within the financial services industry, preferably with experience in the crypto asset sector.
• In-depth knowledge of Austrian AML/CTF laws and regulations, including the FM-GwG, and EU directives, including MiCAR.
• Strong understanding of KYC/CDD principles and best practices.
• Experience in conducting risk assessments and developing AML/CTF programs.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills, with the ability to interact effectively with regulators, senior management, and employees.
• Fluency in German and English is required.
• Professional certifications such as CAMS, or ICA Diploma are highly desirable.