Malta MLRO

About us:

BVNK provides modern payment infrastructure for businesses. We unify banks and blockchains in a single platform. With BVNK, businesses can send and receive stablecoin payments, convert between currencies, and add stablecoin payments to their checkout. Using our flexible platform, and robust global licensing and compliance expertise, innovators can launch new payment products quickly and compliantly.

We are a diverse team spread across the UK, Europe, South Africa, the US, and APAC, with a shared belief that all payment flows will interact with crypto in the coming decade, and BVNK will be at the forefront of this transformation of the financial system. We have raised $50M in Series B funding from top investors including Haun Ventures, Tiger Global, and Coinbase Ventures, and we're looking for smart, ambitious people to help us build the next generation of payments. 

We're incredibly honored to have made Newsweek's list of The Top 100 Global Most Loved Workplaces 2 years running (2023 and 2024) and to have been recognized by LinkedIn as one of the Top 20 Startups in the UK in 2024.

About this role in the team:

We pride ourselves on innovation and growth in a rapidly expanding industry. As MLRO, you will be responsible for regulatory and compliance oversight for our Maltese operations as we scale globally.

You will play a key role in maintaining BVNK's E-Money provider status with the MFSA, ensuring compliance with ongoing regulatory requirements. Additionally, you may assist with crypto license applications and guide the business on regulatory matters to ensure our product delivery aligns with regulations. You will also oversee all regulatory policies and reporting for the MFSA and work with the global Compliance team to maintain a cohesive framework.

The ideal candidate will have in-depth knowledge of Maltese and European regulations for EMIs, DLT Providers, and Brokers, and experience navigating regulatory requirements and maintaining compliance frameworks.

Key Areas of Responsibilities:

• Act as an Approved Person with the MFSA
• Maintain and adapt the firm’s anti-money laundering and counter-terrorist financing policy in line with evolving statutory and regulatory obligations.
• Support and coordinate management focus on the money laundering risk in individual business areas.
• Establish and maintain appropriate risk-based monitoring processes that are proportionate to the scale, nature and complexity of the firm’s operations.
• Ensure all internal suspicious activity reports received are investigated without delay.
• Regularly review the effectiveness of money laundering compliance policies and procedures to prevent money laundering and counter the financing of terrorism.
• Provide management information as necessary including an Annual Report each year for the Company’s Board and senior management on the firm’s compliance with its obligations.
• Represent the firm to all external agencies, e.g. regulators or law enforcement agencies, and in any other third party enquiries in relation to money laundering prevention, investigation or compliance.
• Promptly respond to any reasonable request for information from the regulator and/or law enforcement agencies.
• Obtaining legal / regulatory advice
• Development of a strategic roadmap for the department and overall business in relation to regulatory and compliance 

What we need from you:

• Experienced in building working relationships with the MFSA and European Regulators as well as law enforcement agencies
• Able to advise the CEO and wider Group colleagues on complex regulatory issues;
• Experienced in filing regulatory reports
• Enjoys dealing with fast pace and changing needs
• An analytical mind able to “see” the complexities of procedures and regulations but then simplify issues for others
• Have a proven track record in the development of dynamic regulated products and services
• Able to work to short timelines in a fast-paced environment
• Have excellent communication and presentation skills
• Able to operate as a key member of an international team
• Be willing to travel (including overseas if required)

What you can expect from us:

• Fair and competitive salary at every stage of your growth
• Meaningful ownership in the business through our employee option scheme
• Flexible working hours, with hybrid working at its heart
• A culture built on passionate growth-minded people
• A flexible approach to holiday
• Opportunities to travel to our offices around the world
• An open and creative environment where you can help us define the future of BVNK, its culture, and its opportunity sets

At BVNK, we are focused on building a diverse and inclusive team. While you may not meet all of our requirements, we’d encourage you to apply if you meet the majority of our expectations. You may be a great fit for this role or another role in our team.