Money Laundering Reporting Officer

Background:

Zamp is a well-funded, B2B focused fintech startup, backed by some of the world's leading investors. We have a bold vision to reimagine the future of global business banking and treasury, using AI and the latest innovations in technology.

Imagine if business banking was seamless and magical - for a small startup in one country to a multinational across the world. Imagine if there was an elegant way to solve for the myriad of challenges that a CFO and the Finance team face today e.g:

- Seamless and real-time data across multiple partners - for banking, payments, investments, debt, fx

- Optimizing yield on cash, while ensuring safety

- Optimizing working capital and cash conversion cycles

- Reducing manual work needed for reconciliation, insights, analytics and planning

- Access to real-time company-wide data for optimal decision making

It’s a massive problem.. It’s a massive space.. What if we could build products and solutions to solve these problems for companies across the world. We are doing exactly that. Our current customers are global. Our aspiration is global. We are on a mission to make business banking and finance magical! We are leveraging AI and the latest technology and building a global-best product. Join us in our rocketship journey!

Our Investors and Founder:

We raised ~$22Mn in our seed funding round from Sequoia Capital and prominent angel investors such as Dara Khosrowshahi (CEO, Uber), Tony Xu (CEO, Doordash), Marcelo Claure (ex-CEO, Softbank International) - full list of investors here.

Our founder is Amit Jain. Amit was a Managing Director at Sequoia Capital in Singapore prior to starting Zamp. Prior to Sequoia, Amit was Head of Asia Pacific for Uber. Prior to Uber, Amit was in the US for ~17 years across McKinsey, TPG Capital, and as President of Rent.com.

Life is good:

- Competitive salaries and stock options (with a huge upside)

- Working with the very best.. Seriously, not kidding

- Diverse and Inclusive workspace

- An extensive medical insurance that looks out for our employees, spouse and children

- You can choose to come to office empty handed, leave your gadgetry needs on us

- Tailored vacation & leave policies so that you enjoy every important moment in your life

- We celebrate, when we feel like - for small wins, large wins or just to feel good

- Learning and upskilling opportunities

- Good food, games, and a cool office to make you feel like home

Why join us?

You have a unique opportunity to be part of an early team that is out to change the world. We work hard, have huge aspirations, are determined, are looking to make our mark in the world and have fun along the way.

We believe in open communication, transparency, a non-hierarchical organization, the best ideas winning, empowering builders to build, open debate of ideas.. And all this, built on a strong foundation of honesty, integrity, respect, diversity and inclusion.

You will be part of the early team, work with the founding team members directly with an open canvas to paint. We hustle, we work hard, and we aim to deliver the best products and experience to our customers. We have a large ambition, are eager to change the world, and are just getting started in our journey. We are looking for rockstars to join our team on this rocket-ship journey!

• We are seeking a skilled and experienced MLRO (Money Laundering and Reporting Officer). The ideal candidate will play a critical role in overseeing and managing the company's anti-money laundering and compliance programs, ensuring adherence to regulatory requirements across multiple countries (with a focus on Poland and expanding to other countries such as UAE, Canada, USA). The MLRO will collaborate with cross-functional teams and external stakeholders and regulators to uphold a robust compliance framework and mitigate potential financial risks.

Responisblities

• As our very first MLRO, you’ll work independently, but alongside colleagues across the globe other functional areas (e.g. sales, partnerships, engineering, product). You will work directly with our Founder and founders’ office to ensure we clear all the compliance requirements to get started and operate in a smooth and compliant manner in a given region
• Develop and implement comprehensive anti-money laundering (AML) and compliance programs that align with regulatory requirements and best practices in the UAE, Poland, Canada, and other relevant jurisdictions
• 4.Serve as the primary point of contact for regulatory agencies and external auditors in the Poland, Canada, and other relevant jurisdictions, ensuring timely and accurate communication and reporting on compliance-related issues
• 5.Monitor changes in AML and compliance regulations, and provide guidance and recommendations to the executive team to ensure compliance with regulatory obligations
• 6.Conduct regular risk assessments and audits to identify potential areas of non-compliance, and implement corrective measures and controls to mitigate financial risks effectively
• 7.Provide training and guidance to employees on AML and compliance matters, fostering a culture of awareness and accountability throughout the organization
• 8.Stay informed about global regulatory developments and emerging trends in AML and compliance, leveraging this knowledge to drive continuous improvement and excellence in the company's compliance practices across different countries
• 9.Policy and content review and creation
• Assist with the creation, maintenance and review of policies, procedures, and controls to identify, prevent, mitigate and manage regulatory risk
• Assist with review of marketing promotions, client communications, and website content
• Update investment and disclosure documentation in line with regulatory, legislative and business changes
• Preparation of board and compliance reports
• 10.Regulatory requirement management
• Maintain VARA records and all required VARA registers. Assist with regulator correspondence and reporting for the VARA
• Set up the appropriate internal processes and policies for for crypto and payments compliance for Zamp e.g. AML, FATF, Travel rule, KYC/KYB, others
• Ensure Zamp compliance with all regulations & and industry standards on payments and transactions
• Lead conversations with regulators and ensure compliance to all licenses (for payments services and digital assets)
• 11.Daily compliance activities
• Investigate breaches and incidents and ensure timely resolution and improvement to control environment
• Manage the complaints handling process, in particular, escalated complaints
• Manage relationships with key internal and external parties and promote a positive Compliance culture
• Identify and partner with the appropriate partners and tools needed for compliance - and help get onboarded and initiated

Preferred Qualifications

• 3+ years’ relevant experience in a legal or compliance role with a substantial knowledge of relevant rules and regulations and the day-to-day compliance affairs
• Bachelor's or Master's degree in Law, Finance, or a related field. A relevant compliance certification is a plus
• Poland VARA/ ADGM Compliance experience is a strong plus. Exposure and/or knowledge in cryptocurrency trading and exchanges is a plus
• Relevant professional certifications (RG146 etc.)
• Experience with securities, OTC derivatives or CFD exposure
• Experience in a compliance role with a focus on anti-money laundering (AML) regulations and global compliance requirements across various jurisdictions
• Proven experience in developing and implementing AML and compliance programs in a complex regulatory environment, within the financial services industry
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders
• A proactive attitude, strong work ethic, and the ability to thrive in a fast-paced and dynamic work environment

This role may be a good fit if you:

• Love working in a fast-paced, global organisation maintaining close contact with relevant teams across multiple locations
• Possess excellent problem-solving skills and the ability to provide useful and efficient counsel
• Are able to communicate with team members across functions effectively and succinctly
• Are a self-starter, hustler and curious to learn
• Thrive in ambiguous environments

We are always excited to have people who love building products from scratch and are self-starters, hustlers and curious to learn. If you are passionate about working in a high-paced startup, with amazing learning, empowerment, and growth potential, we would love to hear from you!