Associate Director of Compliance & MLRO (Urgent Hiring)

AXG (Solowin Holdings); Manama; On-site; BHD 120,000 - 180,000; Full time

Job summary

AX Coin, the first licensed stablecoin issuer under the regulation of the Central Bank of Bahrain, is seeking an Associate Director of Compliance & MLRO to join our team. This senior regulatory leadership role has direct accountability for regulatory integrity, compliance architecture, and MLRO function, reinforcing our commitment to strong, transparent relationships with the CBB and regulators.

You will own regulatory engagement, oversee AML/CFT and KYC/CDD, draft policies, and build a culture

Qualifications

• 4+ years in compliance roles within banking, fintech, payments or digital assets.
• Strong regulator-facing experience, ideally within Bahrain or GCC markets.
• Deep AML/CFT, sanctions, and financial crime expertise; able to act as MLRO.
• Experience operating in regulated financial or digital asset environments.
• International exposure and relevant professional qualifications (ICA, ACAMS) highly desirable.
• Strong judgment, leadership presence and excellent stakeholder communication skills.
• Exceptional resilience under stress, strong sense of responsibility and high achievement motivation.
• Priority will be given to candidates who can join immediately or on short notice.

Responsibilities

• Own and lead all regulatory engagement with the Central Bank of Bahrain and relevant authorities, including licensing applications, regulatory approvals, and ongoing supervisory correspondence.
• Act as the designated MLRO with full independence and direct access to the Board: receive and assess internal STRs, decide on and file external STRs, and manage related investigations.
• Design, implement, and continuously enhance AML/CFT, sanctions, KYC/CDD, and transaction monitoring frameworks.
• Draft, govern, and maintain all compliance, risk, and governance policies and procedures.
• Oversee regulatory reporting, internal and external audits, inspections, and remediation programs.
• Advise product, technology, operations, and leadership teams on regulatory interpretation and embed compliance-by-design into stablecoin issuance, payments, custody, and settlement flows.
• Build and lead a strong compliance culture, including staff training and awareness programs.
• Own the enterprise risk management framework covering regulatory risk, operational risk, financial crime risk, and security & technology risk.
• Prepare and present the annual MLRO report to senior management and the Board on the effectiveness of AML/CFT controls, risk posture, and key issues.

Skills

Regulatory liaison

Leadership presence

Stakeholder communication

Risk awareness

Regulatory reporting

Education

ICA/ACAMS certifications

Job description

Job Overview

AX Coin is the first and only licensed stablecoin issuer under the regulation of the Central Bank of Bahrain. We are looking for an Associate Director of Compliance & MLRO to join our team. This is a senior regulatory leadership role with direct accountability for regulatory integrity, compliance architecture, and MLRO of AX Coin. This role is critical to ensuring AX Coin operates at the highest regulatory standards, with strong, transparent relationships with the Central Bank of Bahrain (CBB) and other regulatory stakeholders.

Key Responsibilities

1. Own and lead all regulatory engagement with the Central Bank of Bahrain and relevant authorities, including licensing applications, regulatory approvals, and ongoing supervisory correspondence.
2. Act as the designated MLRO with full independence and direct access to the Board: receive and assess internal suspicious transaction reports, decide on and file external STRs, and manage related investigations.
3. Design, implement, and continuously enhance the AML/CFT, sanctions, KYC/CDD, and transaction monitoring frameworks.
4. Draft, govern, and maintain all compliance, risk, and governance policies and procedures.
5. Oversee regulatory reporting, internal and external audits, inspections, and remediation programs.
6. Advise product, technology, operations, and leadership teams on regulatory interpretation and embed compliance-by-design into stablecoin issuance, payments, custody, and settlement flows.
7. Build and lead a strong compliance culture, including staff training and awareness programs.
8. Own the enterprise risk management framework covering regulatory risk, operational risk, financial crime risk, and security & technology risk.
9. Prepare and present the annual MLRO report to senior management and the Board on the effectiveness of the AML/CFT controls, risk posture, and key issues.

Key Requirements

1. 4+yearsincomplianceroleswithinbanking,fintech,payments,ordigitalassets.
2. Strongregulator-facingexperience,ideallywithinBahrainorbroaderGCCmarkets.
3. DeepexpertiseinAML/CFT,sanctions,andfinancialcrimecompliance,withprovenabilitytoactasMLRO.
4. Experienceoperatinginregulatedfinancialordigitalassetenvironments.
5. Internationalexposureandrelevantprofessionalqualifications(e.g.,ICA,ACAMS)highlydesirable.
6. Strongjudgment,leadershippresence,andexcellentstakeholdercommunicationskills.
7. Exceptionalstressresilience,strongsenseofresponsibility,andhighachievementmotivation.

Priority will be given to candidates who can join immediately or within a short notice period.