Principal Officer

About Mudrex: Mudrex is India’s largest crypto investing platform. We are growing rapidly - today, the Mudrex users are 2 million strong and counting. And to sustain and support this rapid growth, we are looking to grow our team. The folks at Mudrex are mission driven to a single purpose - to help bring the world closre to financial independence through cryptocurrency.  Job Description We are seeking a skilled and experienced Principal Officer. The ideal candidate will play a critical role in overseeing and managing the Mudrex's anti-money laundering and compliance programs, ensuring adherence to regulatory requirements of FIU India. The PO will collaborate with cross-functional teams and, external stakeholders, and regulators to uphold a robust compliance framework and mitigate potential financial risks. Responsibilities Develop and implement comprehensive anti-money laundering (AML) and compliance programs that align with regulatory requirements and best practices as required under PMLA, Act, 2002. Serve as the primary point of contact for regulatory agencies and external auditors in the India, ensuring timely and accurate communication and reporting on compliance-related issues. Monitor changes in AML and compliance regulations, and provide guidance and recommendations to the executive team to ensure compliance with regulatory obligations. Conduct regular risk assessments and audits to identify potential areas of non-compliance, and implement corrective measures and controls to mitigate financial risks effectively. Provide training and guidance to employees on AML and compliance matters, fostering a culture of awareness and accountability throughout the organization. Assist with the creation, maintenance, and review of policies, procedures, and controls to identify, prevent, mitigate, and manage regulatory risk. Update investment and disclosure documentation in line with regulatory, legislative, and business changes. Preparation of board and compliance reports. Maintain PMLA records. Assist with regulator correspondence and reporting for the FIU India. Lead conversations with regulators and ensure compliance to all licenses (for payment services and digital assets). Investigate breaches and incidents and ensure timely resolution and improvement to control environment Manage the complaint handling process, in particular, escalated complaints. Manage relationships with key internal and external parties and promote a positive compliance culture. Identify and partner with the appropriate partners and tools needed for compliance - help get them onboarded and initiated. Perform enterprise-wide risk assessments. Conduct compliance testing and report the results to Management. Acting as the contact point with local regulator, manage the communication properly and escalated when needed. Manage the requests from internal and external stakeholders, for instance regulator, payment services provider, etc. Review of the alerts and preparation of STRs, reporting of STRs. Timely and effective responses to the FIU India. Preferred Qualifications 8+ years’ relevant experience in a legal or compliance role with a substantial knowledge of relevant rules and regulations and the day-to-day compliance affairs. Bachelor's or Master's degree in Law, Finance, or a related field. A relevant compliance certification is a plus. Experience in a compliance role with a focus on anti-money laundering (AML) regulations and global compliance requirements across various jurisdictions. Proven experience in developing and implementing AML and compliance programs in a complex regulatory environment, within the financial services industry. Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders. A proactive attitude, a strong work ethic, and the ability to thrive in a fast-paced and dynamic work environment.   You should apply if: You are an autonomous, critical thinker with razor-sharp problem-solving skills. You are passionate about what you do. You are exceptional at time management and have a proven track record of being able to work efficiently with minimum supervision. You demonstrate ownership traits.