Cryptocurrency Compliance Officer

Placements24; Paarl; Hybrid; ZAR 700,000 - 950,000; Full time

Benefits offered by this job

Hybrid work arrangement

Career development opportunities

Competitive salary

Job summary

Placements24 is seeking a meticulous Cryptocurrency Compliance Officer to ensure our digital asset operations meet regulatory standards. You will develop, implement, and maintain AML and KYC programs, oversee risk assessments, and coordinate with legal, operations and technology teams.

The role is hybrid with in-office collaboration in Paarl, Western Cape and remote work options. A Bachelor’s degree and 4+ years in compliance (crypto preferred) are required, with strong analytical and

Qualifications

• Bachelor's degree in Law, Finance, or a related field.
• Minimum 4 years in compliance or regulatory roles, with at least 2 years in cryptocurrency or financial services.
• In-depth understanding of AML, KYC, and CFT regulations and frameworks.
• Familiarity with blockchain technology and the cryptocurrency market.
• Proven experience developing and implementing compliance policies and procedures.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.

Responsibilities

• Develop, implement, and manage comprehensive compliance programs for cryptocurrency operations.
• Ensure adherence to all applicable laws, regulations, and industry best practices related to digital assets.
• Oversee and enhance AML and KYC procedures for customer onboarding and transaction monitoring.
• Conduct risk assessments and implement mitigation strategies for compliance-related risks.
• Prepare and file required regulatory reports and disclosures.
• Serve as the primary point of contact for regulatory inquiries and audits.
• Train staff on compliance policies and procedures.
• Stay up-to-date with evolving regulatory landscapes in the cryptocurrency sector globally.
• Investigate suspicious activities and elevate issues as necessary.
• Collaborate with legal, operations, and technology teams to integrate compliance controls.

Skills

AML/KYC

Regulatory compliance

Risk assessment

Regulatory reporting

Analytical skills

Staff training

Education

Bachelor's degree in Law/Finance

Tools

Compliance software

RegTech tools

Job description

About the Role

Our client is a prominent player in the digital asset space, dedicated to operating with the highest standards of integrity and regulatory adherence. We are seeking a meticulous and knowledgeable Cryptocurrency Compliance Officer to ensure our operations meet all legal and regulatory requirements within the cryptocurrency ecosystem. You will be responsible for developing, implementing, and maintaining robust compliance programs, including AML (Anti-Money Laundering) and KYC (Know Your Customer) procedures. This role is vital for protecting the company from regulatory risks and fostering trust with users and partners. The position involves a hybrid work model, combining essential in-office collaboration in **Paarl, Western Cape** with the flexibility of remote work.

Key Responsibilities

• Develop, implement, and manage comprehensive compliance programs for cryptocurrency operations.
• Ensure adherence to all applicable laws, regulations, and industry best practices related to digital assets.
• Oversee and enhance AML and KYC procedures for customer onboarding and transaction monitoring.
• Conduct risk assessments and implement mitigation strategies for compliance-related risks.
• Prepare and file required regulatory reports and disclosures.
• Serve as the primary point of contact for regulatory inquiries and audits.
• Train staff on compliance policies and procedures.
• Stay up-to-date with evolving regulatory landscapes in the cryptocurrency sector globally.
• Investigate suspicious activities and elevate issues as necessary.
• Collaborate with legal, operations, and technology teams to integrate compliance controls.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• Minimum of 4 years of experience in compliance, legal, or regulatory roles, with at least 2 years focused on cryptocurrency or financial services.
• In-depth understanding of AML, KYC, CFT (Combating the Financing of Terrorism) regulations and frameworks.
• Familiarity with blockchain technology and the cryptocurrency market.
• Proven experience in developing and implementing compliance policies and procedures.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication skills.
• High level of integrity and professional ethics.
• Ability to work independently and manage multiple priorities.
• Experience with compliance software and tools is a plus.

Benefits

• Competitive salary and potential for annual bonuses.
• Comprehensive health and wellness benefits package.
• Retirement savings plan.
• Generous paid vacation and personal leave.
• Opportunities for professional development and certifications.
• Hybrid work arrangement offering flexibility in **Paarl, Western Cape**.
• A role at the forefront of a rapidly evolving industry.
• Supportive and collaborative work environment.