Money Laundering Reporting Officer

**Company Overview**:
With more than 28 million customers Black Banx is a group of Financial Institutions licensed in various countries. Black Banx is the first Crypto Bank accepting deposits in crypto currencies and allowing clients the unlimited conversion of Crypto into FIAT and vice versa. The services of Black Banx Group are available in 180 countries.

**Position Overview**:
Black Banx is seeking a highly skilled and diligent Money Laundering Reporting Officer (MLRO) to join our organization. As the MLRO, you will play a critical role in ensuring that the company's operations are conducted in full compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. You will be responsible for developing and maintaining robust AML/CTF programs, monitoring and reporting suspicious activities, and providing expert guidance to the organization on AML/CTF matters.

**Key Responsibilities**:
**AML/CTF Program Development**:
Develop, implement, and oversee an effective AML/CTF program that aligns with regulatory requirements and industry best practices.
Review and update policies, procedures, and controls related to AML/CTF to address emerging risks and changes in regulations.
Provide guidance and training to employees regarding AML/CTF policies and procedures.

**Risk Assessment and Due Diligence**:
Conduct risk assessments to identify and evaluate potential AML/CTF risks associated with the organization's products, services, and customers.
Perform due diligence on high-risk clients, business relationships, and transactions to ensure compliance with customer identification and verification procedures.

**Transaction Monitoring**:
Implement robust transaction monitoring systems to detect and report suspicious activities in a timely manner.
Analyze alerts generated by the monitoring system, conduct investigations, and escalate any potential AML/CTF issues to appropriate authorities.

**Suspicious Activity Reporting**:
Prepare and submit suspicious activity reports (SARs) to relevant regulatory bodies as required by law.
Maintain accurate records of SARs and related documentation.

**Regulatory Compliance**:
Stay current with AML/CTF laws, regulations, and industry trends, and ensure that the organization remains compliant with all applicable requirements.
Liaise with regulatory authorities and law enforcement agencies as necessary.

**Internal Reporting and Training**:
Provide regular reports to senior management and the Board of Directors on the organization's AML/CTF efforts, risks, and compliance status.
Conduct AML/CTF training sessions for employees to enhance their understanding of compliance requirements.

**Qualifications and Skills**:

- Bachelor's degree in Finance, Business, Law, or a related field. Master's degree or professional certifications (e.g., CAMS, ACAMS) in AML/CTF are a plus.
- 5+ years of experience in a similar role within the financial services industry or other regulated sectors.
- In-depth knowledge of AML/CTF regulations, practices, and risk assessment methodologies.
- Strong analytical and investigative skills, with the ability to interpret complex data and make informed decisions.
- Excellent communication skills, both written and verbal, with the ability to convey complex AML/CTF concepts to non-technical stakeholders.
- Attention to detail and the ability to work independently as well as collaboratively within a team.
- Proficiency in using AML/CTF software and tools for transaction monitoring and reporting.
- Proficiency in english

Schedule:

- Monday to Friday

Work Location: In person