What are the responsibilities and job description for the BSA Officer & Head of Compliance, US position at OKX?
Who We Are
At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom.
OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves.
Across our multiple offices globally, we are united by our core principles : We Before Me, Do the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er.
About the Team
The Compliance function at OKX is responsible for the overall compliance culture at the company. We're a team of risk-minded problem solvers who advise the business on the company's regulatory obligations and Compliance risk. We operate a global / local Compliance model, whereby subject matter experts within Central Compliance support local Compliance Officers to ensure their programs are robust, consistent, and meet both local regulatory requirements and internal global standards.
Our US Compliance team, in particular, is responsible for ensuring our OKX USA entity meets local regulatory requirements, including program oversight, new product review, regulatory reporting, board reporting, and examination support.
What You'll Be Doing
- This role will lead the US Compliance team and act as the Bank Secrecy Act Officer, and will be responsible for ensuring that OKX USA is compliant with state money transmitter requirements and federal anti-money laundering regulations, as well being as the point of contact for regulators and examiners :
- Act as Bank Secrecy Act Officer for the US entity
- 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 OKX USA'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.
What We Look For In You
Nice to Haves
Perks & Benefits
OKX Statement :
OKX is committed to equal employment opportunities regardless of race, color, genetic information, creed, religion, sex, sexual orientation, gender identity, lawful alien status, national origin, age, marital status, and non-job related physical or mental disability, or protected veteran status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Salary : $175,000 - $262,000
