Director of Crypto Compliance

Director of Crypto Compliance

Office Location: Jersey City, NJ

About Futu US Inc.:

Futu US Inc. stands at the forefront of financial services, housing two SEC registered broker-dealers alongside a cryptocurrency brokerage — all operating under the reputable wing of Futu Holdings Limited (Nasdaq: FUTU).

Our core mission revolves around innovating the investing landscape through a digitized brokerage and wealth management platform that's designed to elevate the investment experience.

Here's a closer look at our key entities:

• Futu Clearing Inc.: An SEC registered FINRA member dedicated to delivering top-tier clearing and execution services globally.
• Moomoo Financial Inc.: As an SEC registered FINRA member, we provide retail investors access to both U.S. and Asian securities markets, ensuring your investment journey is backed by expertise.
• Moomoo Technology Inc.: Offering a data-rich trading platform, we provide unparalleled insights and tools to enhance your trading strategies. Note that this entity is not a licensed broker-dealer.

For deeper insights into our entities and affiliates, explore futuclearing.com or moomoo.com/us to discover the future of investing with confidence and innovation.

About the Team & Role:

As the Director of Crypto Compliance, you will lead AML transaction monitoring and investigations, ensuring adherence to US money transmitter laws and regulatory requirements. With a strong background in financial services and crypto, you will oversee compliance operations, manage regulatory engagements, and mentor a global team. This role is ideal for a strategic leader with a passion for crypto, strong analytical skills, and the ability to navigate complex compliance challenges.

This role must be based at the office locations specified in the job description, in line with our in-office work philosophy. Remote work is not available for this position. For more details about our in-office approach and expectations, please reach out to the recruiter.

What You’ll Do:

• The successful candidate will have prior AML transaction monitoring and investigations experience in the financial services and cryptocurrency industries
• 8 years’ experience in conducting AML related account activity analysis, due-diligence, and investigations in a financial services institution and cryptocurrency with at least 5 years leadership experience
• Knowledge of and enthusiasm for the crypto industry
• Experience and knowledge of relevant US money transmitter laws and requirements (AML/CFT, sanctions, consumer protection, privacy, state & federal reporting) and managing regulatory engagements
• Strong leadership, people management, and cross-functional skills
• Bachelor's degree or equivalent practical experience
• Self-motivated, critical thinker and adept at working independently and in a dispersed team environment covering multiple and varied tasks
• Strong writing, analytical and communications skills
• Must be able to execute tasks within tight deadlines
• Strong interpersonal skills are necessary to work effectively with colleagues across regions and business units
• Prior experience working in a global environment
• Prior experience working in the crypto industry
• Familiarity with commonly used transaction monitoring & reporting tool(s), such as Chainalysis, Elliptic, Notabene and Actimize
• Relevant industry certifications, e.g., CAMS

What You Bring:

• Lead strategic direction, training and advisory support with regards to Compliance in the USA
• Develop and maintain robust compliance policies, procedures, controls, and frameworks
• Plan for, monitor, and assess compliance with laws, regulations and policies and similar types of regulation regionally
• Be responsible for Moomoo’s existing money transmitter/virtual asset licenses and assist with new license applications
• Manage and submit all required state money transmitter reporting
• Lead examinations, audits, and assessments
• Prepare Compliance reports, including reports to management and the board, and other materials as required by direct and matrix stakeholders
• Engage cross-functionally (with groups such as Data, Engineering, Finance, Legal, Product, and Risk) to implement an effective compliance management program in line with the global standards and industry best practices
• Assist with special projects as needed, with the ability to work in a fast-paced, ever-changing environment
• Ability to monitor cryptocurrency trades to ensure all applicable rules are being followed and to be able to spot potential illegal trading activity such as market manipulation, wash trading, spoofing, layering, front-running, account theft, etc. Knowledge of NTS a plus.
• You will help detect unusual activity, suspicious/illegal behaviors and patterns, as well as assist in projects focused on preventing and detecting financial crimes for a cryptocurrency exchange.
• As part of the AML Investigations team, you’ll be responsible for conducting a variety of tasks such as investigations, conducting enhanced due diligence, preparing narrative information for SAR filings, and participating in ad-hoc projects as needed
• Serve as a point of escalation for complex cases, providing expert guidance and making decisions to resolve issues effectively

What We Offer:

• Comprehensive Paid Medical Benefits: We prioritize your health with a robust medical benefits plan that covers you and your dependents
• 401k Employer Contribution: We match your contributions to help you grow your retirement savings
• Generous Paid Time Off & Paid Holidays: Take the time you need to recharge and pursue your passions with our generous paid time off policy
• Opportunities for Professional Growth & Development: Invest in your future through hands-on learning, skill-building, and cross-functional work
• Performance Based Bonuses: Your hard work deserves recognition! Enjoy performance-based bonuses that reward your contributions to our team's success

Base pay for a successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is $125,000-$165,000. This role is also eligible to participate in our discretionary bonus plan.

Disclaimer:

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Futu Holdings Limited, including all subsidiaries, is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.

Warning about fake job posts:

Please be aware of fraudulent job postings by persons not affiliated with Futu, Moomoo, or their affiliates. Criminals may use fraudulent job postings to obtain your personally identifiable information and/or financial information to steal your identity and/or money.

All communications to you will come from a business email address. We do not hire through text message, social media, or email alone, and any interviews will be conducted in person or through a video call. We will not ask you for bank account information nor ask you to pay anything during the hiring process.

If you see suspicious activity or believe that you have been the victim of a job posting scam, you should report it to your local FBI field office or to the FBI’s Internet Crime Complaint Center.