About the Role: Compliance and MLRO professional will be responsible for overseeing and managing the compliance functions for India. This role requires a comprehensive understanding of financial regulations, AML/CFT Laws of the jurisdictions in which Liminal is active, and the ability to ensure Liminal’s adherence to these requirements.
Responsibilities:
Regulatory Compliance:
- Monitor and interpret financial regulations applicable in all the jurisdictions where Customer Facing entities of Liminal’s group company exist and adherence to all the relevant regulatory reporting requirements.
- Conduct regular assessments to identify areas of non compliance and develop corrective action plans.
- Develop, implement and manage Liminal’s AML program in accordance with respective jurisdictional Guidelines.
- Conduct regular risk assessments and update AML policies to address emerging risks.
Policy Development:
- Collaborate with relevant departments to develop and update policies and procedures in accordance with applicable guidelines.
- Understand risk based approach to compliance plan in an ever evolving business environment.
- Ensure that employees are aware of and trained on compliance and AML policies.
Reporting and documentation:
- Prepare and submit regular reports to the respective regulators, highlighting Liminal’s compliance status.
- Maintain comprehensive documentation of compliance and AML activities and reports for both internal and external audits.
- Establish procedures for the identification and reporting of suspicious activities.
Training and Awareness:
- Conduct training sessions for employees to enhance awareness of all the relevant regulations and compliance and AML requirements.
- Foster a compliance conscious culture within Liminal.
Monitoring and Testing:
- Implement monitoring and testing procedures to ensure ongoing compliance and AML programs.
- Conduct periodic internal audits to identify and rectify compliance issues.
Qualifications:
- Bachelor’s degree in Business, Finance, Law or a related field.
- Professional certifications such as CAMS would be advantageous.
- Proven experience of 8 to 10 years in a compliance role within a financial services firm in India preferably with a FIU facing entity.
- In-depth knowledge of AML/CFT regulations across the globe and financial industry compliance standards.
- Proven experience in onboarding tools (both KYB and KYC) and Transaction monitoring tools (both pre and post)
- Experience in Virtual Assets/Digital Assets domain of custody operations is a plus
- Strong analytical and problem solving skills.
- Excellent communication and interpersonal skills.
About Liminal :
Liminal is a compliant and insured digital asset custody and wallet infrastructure provider. Launched in April 2021, Liminal Custody is a CCSS Level 3, SOC Type 2, and ISO 27001 & 27701 certified organization. Based in Singapore, Liminal has operations spread across APAC, MENA, and Europe, along with offices in Singapore,Taiwan , India, and UAE. The company has received an initial approval from VARA. Liminal takes pride in supporting businesses with its qualified and insured custody (self and institutional) that enables stress-free safekeeping of digital assets for institutions. It also provides a cutting-edge wallet infrastructure platform that is secure, compliant, and automated and comes with a plug-and-play architecture for faster onboarding of developers, business partners, and government agencies.
Our website - https://www.liminalcustody.com/
