MLRO & Compliance Officer UK New United Kingdom (Remote)

Diversity is at the heart of who we are at Xapo Bank. We’re a fully distributed team of over 130 Xapiens that work remotely from 30+ countries around the world. Our beginning: A world that enjoys economic freedom and wealth protection, no matter where you live or who is running your country. To achieve that, we search the world for the best people for the job. We work hard, think globally, and inspire each other to learn and grow. We are committed to changing the way things are done.

Although we are headquartered in Gibraltar, this is a full time, 100% remote position. Work from anywhere! This role is exclusively for candidates currently based in the United Kingdom. Residency in the UK is a mandatory requirement for this position.

About us: Established in 2013, Xapo has pioneered Crypto Banking, while earning a reputation as the Fort Knox of Crypto. We bridge digital assets and traditional financial services to make it safe and easy to save in Dollars or Bitcoins, with access to funds via Card, Crypto and Bank payment rails.

Xapo is looking for a proactive and highly skilled Money Laundering Reporting Officer (MLRO) & Compliance Officer to join our global team. The MLRO & Compliance Officer will work as an integral part of our global Compliance team, ensuring we maintain an effective compliance monitoring, anti-money laundering and advisory program and meet regulatory compliance and AML obligations. The role will drive the implementation and management of compliance controls, processes and operations for Xapo’s Compliance & Anti-Financial Crime (AFC) Program, including AML/CTF and Sanctions prevention activities. This role will support the business in the development and implementation of a UK-specific Compliance & AFC Framework to provide reasonable assurance that policies and procedures are effective and understood by staff. This position is UK-based (Remote), with a strong preference for London or the surrounding Home Counties to support Xapo’s UK expansion and regulatory authorisations process.

Responsibilities

• Be approved by relevant regulatory authorities in the United Kingdom to hold the official MLRO and/or Nominated Officer role(s) for Xapo’s UK footprint.
• Monitor the regulatory landscape and document at least an annual regulatory risk assessment with recommendations (Annual Risk Assessment and MLRO’s Annual Report to the Board).
• Conduct compliance reviews and analysis of new regulatory developments; maintain oversight and disseminate updates across the business.
• Maintain and update Compliance policies and procedures to reflect business needs and regulatory requirements.
• Draft Annual and Monthly Compliance Reports and other required reports.
• Maintain the AFC Framework and policies to ensure appropriate controls and a robust Compliance Monitoring Program.
• Facilitate risk-based Know Your Customer and Transaction Monitoring programmes to detect unusual activity and report suspicious activity, including SARs where appropriate.
• Oversee the AFC Compliance team operations, including training, capacity planning, and tracking KPIs and KRIs.
• Plan, organise and execute day-to-day Compliance and AFC activities; work with the business to remediate issues identified through testing.
• Independently investigate and act on Compliance & AFC matters.
• Build relationships with authorities, payment schemes and regulators to align with AFC good practices.
• Support regulatory inquiries, filings and reporting requirements with accurate responses.
• Coordinate audits, reviews and examinations.
• Collaborate with Compliance and Business leads on strategic planning, structure, focus areas and quarterly goals.
• Work with relevant partners, financial institution partners, card networks and regulatory authorities.
• Provide guidance, advice, and training to improve understanding of related laws and regulatory requirements.

Skills needed

• Extensive experience in banks, VASPs, complex financial services firms, or related e-money/payments industries with MLRO level exposure.
• Strong operational knowledge to build and run a compliant AFC program aligned with UK and global AFC standards.
• Several years of people management experience.
• Ability to build collaborative relations with peers and remote teams at all levels.
• Experience with AFC system implementation, configuration and management.
• Experience with data visualization tools.
• Cryptoasset experience, blockchain analytics, and AFC program management.

Other requirements

• A dedicated workspace.
• A reliable internet connection with strong speed in your area.
• Alignment with Xapo Values and Values-Driven Leadership principles.

Why work for Xapo?

• IMPACT GLOBALLY, WORK REMOTELY. Shape the Future: Improve lives through cutting-edge technology, work 100% remotely from anywhere in the world.
• Great work-life balance: Autonomy and collaborative teamwork with a flexible PTO plan when you need to recharge.
• Expect Excellence: Collaborate, learn, and grow with a high-performance team; yearly learning budget for development goals.

At Xapo, we prioritize consumer protection and adhere to regulatory requirements by ensuring that all Xapiens uphold principles of fair treatment, transparency, and ethical conduct in interactions with customers and stakeholders.