Working At Bitso
We are a diverse team that takes pride in understanding the perspectives of others. We fully embrace working remotely and we are eager to act, improve and accelerate progress inside and outside of our organization.
To drive revolutionary changes in society and make crypto useful, we delight our customers with world-class products, deep care, and intentional empathy.
Your Purpose
The Compliance Officer will help leading the compliance duties in El Salvador to ensure that the company operations and business goals function in a legal and ethical manner. You will be responsible for developing compliance and AML/TF programs, reviewing company policies, advising management on possible risks, and responding to authorities’ inquiries.
This role is critical in ensuring that our operations adhere to all regulatory requirements set forth by all relevant authorities.
This position is on-site, so the candidate will need to be physically present in El Salvador.
Reports To
Chief Legal Officer
What You Will Do
- Develop, implement and manage an organization's compliance program to ensure the organization operates in accordance with the federal laws and applicable regulation.
- Prepare policies for identification and knowledge of the Client (KYC).
- Verify that the company complies with the information and documentation requirements of the authorities.
- Verify that the company complies with the orders of securing or unblocking of accounts or resources related to any AML/TF matters.
- Define the criteria, measures and procedures to be adopted in order to comply with the regulations.
- Develop and review company policies.
- Coordinate with regulators audits and requirements.
- Plan, implement and oversee risk-related programs.
- Regular audits to identify possible weaknesses or risks.
- Create and coordinate proper reporting channels for compliance issues.
- Develop company compliance communications.
- Coordinate and schedule required compliance training for employees.
- Implement and manage an effective compliance program.
- Create and manage effective action plans in response to audit discoveries.
- Resolve employee concerns about compliance.
- Determine compliance metrics and tracking them.
- Revise, provide insightful inputs and sign off on new financial products to ensure it is compliance with local regulation.
- Remain up to date on laws related to the organization, inform the impacted teams to react accordingly and update policies accordingly.
- Perform compliance audits to determine whether established protocols are being followed and where they can be improved.
- Maintain up to date written documentation and policies related to the organization's business activities.
- Monitor activities of customers transactions.
- Coordinate the follow-up activities of Operations and the investigations to be carried out at the institutional level.
- Verify that the corresponding alerts have been analyzed and the respective investigations have been analyzed and documented, which shall be recorded in files or records.
Research in Diversity, Equity, and Inclusion suggests that individuals may hesitate to apply for jobs if they do not meet all the listed criteria. At Bitso, we value diversity and your unique strengths could be just what we're looking for. If this role excites you but you don't match every point in the description, we still want to hear from you.
Who We Are
With over 9 million users, Bitso is the leading cryptocurrency platform in Latin America. We are developing the cryptocurrency ecosystem in the region and enabling financial inclusion. We believe crypto is the future of finance, and we’re committed to making it useful by providing equal access to safe and intuitive financial products.
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