MLRO (Digital Assets)

London, England, United Kingdom

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial Services, Digital AssetsIndustries

Requirements

The role requires experience in building and scaling digital assets compliance programs, with a strong understanding of UK financial crime regulations including the Money Laundering Regulations (MLRs), Proceeds of Crime Act (POCA), and Sanctions and Anti-Money Laundering Act. Familiarity with FCA requirements for cryptoasset firms and experience with KYC/KYB processes, transaction monitoring, and SAR submissions are essential. Experience in designing and implementing AML programs for digital assets in other jurisdictions is also beneficial.

Responsibilities

The MLRO will be responsible for designing and overseeing the KYC/KYB onboarding process for digital asset customers, including enhanced due diligence for high-risk clients. They will manage the implementation and refinement of transaction monitoring systems, crypto-specific risk indicators, and sanctions screening. This role involves ensuring timely SAR submissions to the NCA, maintaining and enhancing internal financial crime policies, and acting as the primary point of contact for regulatory engagement with bodies like the FCA.

Skills

MLRO

Digital Assets

Fintech

Cross-border payments

Compliance

Risk Management

Regulatory Affairs

Taptap Send

Facilitates cross-border mobile money transfers

About Taptap Send

Taptap Send facilitates mobile money transfers across borders, primarily targeting individuals in the UK, EU, US, Canada, and UAE who wish to send money to family and friends in Africa, Asia, the Caribbean, and Latin America. Users can complete transactions easily by providing the recipient's name and mobile number, allowing funds to be deposited instantly into the recipient's mobile money wallet. This process eliminates the need for physical visits to money transfer agents and significantly reduces waiting times for recipients. Taptap Send operates in the remittance market, generating revenue through transaction fees and favorable exchange rates, making it a cost-effective alternative to traditional money transfer services. The company's goal is to provide a fast, secure, and affordable way to send money internationally, using technology to simplify the transfer process.

New York City, New YorkHeadquarters

2018Year Founded

$76.3MTotal Funding

SERIES_BCompany Stage

Fintech, Financial ServicesIndustries

201-500Employees

Benefits

Health Insurance

401(k) Retirement Plan

Company Equity

Professional Development Budget

Risks

Regulatory compliance issues in Ghana could disrupt operations in other countries.

The introduction of 'Charities' may divert focus from core remittance services.

Reliance on transaction fees and exchange rates is threatened by competitors offering lower fees.

Differentiation

Taptap Send offers instant deposits into mobile wallets, enhancing user convenience.

The platform focuses on underserved markets, providing financial inclusion opportunities.

Taptap Send's user-friendly interface requires only a recipient's name and mobile number.

Upsides

Increased smartphone penetration in Africa and Asia expands Taptap Send's potential user base.

The global remittance market is projected to grow, boosting demand for Taptap Send's services.

Partnerships with platforms like CompareRemit broaden Taptap Send's audience and transparency.

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