Chief Compliance Officer

Bitcoin Depot

5d•Remote

About The Position

Bitcoin Depot is seeking an Compliance Officer to ensure that our operations and business transactions follow all relevant legal and internal rules. You will also review employees’ work and provide advice on compliance. To succeed in this role, you should be a reliable professional who is not afraid to speak their mind and stand by their decisions. You should be familiar with risk management and our industry’s standards. If you also have a sharp business acumen, we’d like to meet you. Bitcoin Depot is the largest Bitcoin ATM Network in the world offering users the ability to buy and sell Bitcoin at thousands of BTM and BDCheckout locations. We currently trade on the NASDAQ under the ticker symbol BTM.

Requirements

Proven experience as a Compliance Officer or Compliance Manager
Experience in risk management
Knowledge of legal requirements and controls (e.g. Anti-Money Laundering, or AML)
Familiarity with industry practices and professional standards
Excellent communication skills
Integrity and professional ethics
Business acumen
Teamwork skills
Attention to detail
BSc/BA in law, finance, business administration or a related field

Nice To Haves

Professional certification (e.g. Certified Compliance & Ethics Professional (CCEP)) is a plus

Responsibilities

Leading the development, implementation, and maintenance of an anti money laundering program within Lux Vending, LLC’s institution.
Ensuring compliance with current AML regulations, and other relevant legislation (e.g the USA Patriot Act).
Developing and maintaining a risk assessment framework for products and services, clients and customers, and other issues relating to money laundering.
Keeping and maintaining records of high risk customers, and reporting suspicious activities to the authorities.
Arranging and implementing inspections and audits from third-party organizations, and making compliance recommendations based on their findings.
Briefing and reporting to senior management on matters relating to internal AML compliance policies and procedures.
Overseeing and implementing an ongoing AML training program for other employees namely initial training and ongoing training.
Complete annual independent review.
Enhance compliance program with usage of appropriate AML software available as it relates to the needs of Lux Vending, LLC.
State Licensing – Ensure that Lux Vending is licensed in the various states it operates in the event that is requires a license
Case Management – Manage all investigations ensuring they are readily complete in a timely fashion and that the end result is the best result.
Law Enforcement- Cooperating with law enforcement with reasonable requests for general information and information on customers. In addition, the AML Compliance officer will form relationships with law enforcement to collaborate on how to improve communication and our AML program. Lux Vending`s participation in blockchain alliance will serve as a key resource for this.
Banks- The AML Compliance Officer will respond to all bank related compliance requests as necessary. In addition, the AML Compliance Officer will assist Lux Vending in expanding its banking relationships as needed.
Cryptocurrency Exchanges- The AML Compliance office will take the lead in applying to additional cryptocurrency exchanges as necessary.
Other Policies: The AML Compliance Officer will be responsible for maintaining and updating Lux Vending`s Disaster Recovery Policy, Cybersecurity Policy, and Customer Disclosures and Agreements as necessary.