AFC Operations Manager (Remote - Work from Anywhere)

Position overview

We are seeking a highly skilled and experienced professional to join Xapo as the Anti-Financial Crime Operations Manager. The successful candidate will be responsible for overseeing and managing all operational aspects of financial crime prevention, detection, and mitigation for our organisation. As the Anti-Financial Crime Operations Manager, you will play a critical role in ensuring that our company operates in compliance with relevant laws, regulations, and industry standards, and that our systems and processes are designed to prevent and detect financial crime risks associated with fiat and cryptocurrency transactions.

Responsibilities

• Maintain and continuously improve the financial crime risk management framework for the organisation, including translating 2nd line of defence policies & procedures, into first live standard operating procedures, continuously ensure operational effectiveness of controls, to prevent, detect, and mitigate financial crime risks associated with cryptocurrency and fiat transactions.
• Provide leadership and guidance to a team of financial crime professionals, including hiring, training, and performance management, to ensure the team is skilled, motivated, and equipped to effectively manage financial crime risks.
• Conduct ongoing risk assessments to identify and assess potential financial crime risks associated with the company's operations, products, and services, and develop and implement appropriate risk mitigation strategies.
• Stay up-to-date with evolving regulatory requirements, industry best practices, and emerging trends in financial crime, particularly as they relate to cryptocurrency and blockchain technologies, and advise senior management and relevant stakeholders on potential impact and mitigation measures.
• Establish and maintain effective relationships with external stakeholders, such as counterparties and correspondent banks, to ensure the company's compliance with applicable laws and regulations related to financial crime.
• Oversee the investigation and resolution of financial crime incidents across traditional fiat transactions and on-chain blockchain movements, including conducting internal investigations.
• Collaborate with other internal functions, such as legal, compliance, risk management, engineering, product and operations, to ensure that financial crime risks are effectively integrated into the company's overall risk management framework and that appropriate controls are implemented throughout the organisation.
• Provide regular reports, management information and quality assurance reports and updates to senior management on the company's financial crime risk profile, control effectiveness, and regulatory compliance status, and make recommendations for improvement as needed.

Qualifications and experience

• Bachelor's degree in finance, business, law, or a related field. Advanced degree or professional certifications in financial crime, anti-money laundering, or related disciplines are preferred.