Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. We are trusted by over 230 million people in 100+ countries for our industry-leading security, user fund transparency, trading engine speed, deep liquidity, and an unmatched portfolio of digital-asset products. Binance offerings range from trading and finance to education, research, payments, institutional services, Web3 features, and more. We leverage the power of digital assets and blockchain to build an inclusive financial ecosystem to advance the freedom of money and improve financial access for people around the world. Binance is seeking an experienced and highly-motivated Money Laundering Reporting Officer to oversee our compliance activities in the United Arab Emirates, ideally with prior exposure in regulated jurisdictions including: the DIFC, ADGM or Bahrain. As a MLRO, you will play a crucial role in implementing and maintaining effective compliance programs to protect the organisation from regulatory risks, as well as ensuring adherence to local and international anti-money laundering and compliance standards.
Responsibilities:
Develop, implement, and maintain comprehensive compliance programs in line with regional and international regulations such as AML/CTF, KYC, and sanctions compliance.
Monitor and review internal controls to ensure compliance with applicable laws, regulations, and policies, specifically in the MENA region.
Liaise and maintain relationships with regulatory bodies and manage any regulatory inquiries and reporting obligations for the organisation in the region.
Coordinate with global compliance teams to align compliance objectives, processes, and goals, ensuring consistent practices across the organisation.
Conduct ongoing risk assessments to identify potential gaps in the compliance framework and develop action plans to address identified areas of risk.
Provide training and guidance to staff on compliance-related matters, promoting a culture of integrity, compliance, and transparency throughout the organisation.
Implement continuous improvement to the compliance program's effectiveness, recommending changes as needed to ensure adaptation to a rapidly evolving regulatory environment.
Requirements:
A bachelor's degree in Finance, Law, Engineering, or a related discipline.
Minimum 5 years of experience in compliance, AML/CTF, or regulatory affairs, with a focus on the financial services or related industries within the MENA region.
Extensive knowledge of and experience in MENA including DFSA, FSRA, VARA or CBB regulations and compliance standards.
Exceptional communication skills, with the ability to effectively present complex information to both internal and external stakeholders.
Strong analytical and problem-solving skills, with a proactive approach to identifying, addressing, and preventing compliance risks.
Fluency in English is required; proficiency in Arabic or other relevant languages would be considered as an advantage.
Distinguished leadership capabilities and experience in managing cross-functional teams.
Direct crypto/fintech/web3 experience is mandatory for the role.
