Principal Officer

Job Description 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.