Location: New York, NY OR San Mateo, CA (hybrid - mandatory onsite 3 days a week)

Position Summary:

The Head of Global FCC Monitoring, Surveillance and Operations will be responsible for Anti-Money Laundering (AML) transaction monitoring, KYC operations and trade surveillance activities to detect and prevent market abuse, manipulation, and other regulatory violations. The ideal candidate will have management experience, strong understanding of trading markets, compliance laws, and trade surveillance systems, with experience in crypto trade products and services.

Key Responsibilities:

• Enhance our existing AML transaction monitoring, trade surveillance and KYC systems and operations to identify money laundering, market abuse or other financial crime.
• Enhance existing policies, procedures, controls and methodologies in place to detect AML and market abuse activities.
• Manage and oversee L1 compliance operations in India, support regional L2 escalations/special investigations, provide information to regional CCO’s to make decisions on customer onboarding, SAR/STR filings, sanctions hits etc.
• Oversee daily, weekly, and ad-hoc monitoring and surveillance of internal and external trading activities across various asset classes including swaps, futures contracts, forward contracts, FX, options and crypto spot trading, market making, and communications surveillance.
• Oversee special investigations that touch multiple jurisdictions, assist with information requests from counterparties and respond to subpoenas.
• Provide appropriate training to 1st and 2nd lines of defence regarding monitoring, surveillance and KYC operations to manage FCC risks.
• Oversee consistent FCC process implementation across all key controls based on outputs from product risk assessments, regulations and CCO inputs.
• Work closely with global and local compliance leads, engineering and data teams to ensure FCC systems are working correctly without disruptions, conduct model validation exercise on an annual basis.
• Manage, remediate and action quality control issues across monitoring, trade surveillance and KYC. Develop and implement corrective action plans to address identified issues.
• Prepare and present MIS reports for leadership, regional CCOs, Board and other committees.
• Ensure compliance with relevant Futures Commission Merchant (FCM) regulatory and exchange requirements, particularly those pertaining to CFTC (US), NFA (US), FCA (UK), MSA (Singapore), etc. Respond to regulatory inquiries and provide necessary documentation.
• Work collaboratively with other compliance teams, business units, and external vendors to ensure effective surveillance coverage.

Qualifications:

• Education: Bachelor’s degree in Finance, Economics, Business Administration, or a related field. Advanced degree preferred.
• Experience: Minimum of 10+ years of experience in monitoring and trade surveillance within a crypto firm, Fintech, bank or regulatory organization, Experience with crypto trade products and services is a requirement.
• Technical Skills: Proficiency in blockchain monitoring tools and trade surveillance systems such as Global Relay, Actimize, Trading Hub, Soldius Labs, or similar. Strong technical skills in GSuite applications (Google Sheets, Docs, Slides) and familiarity with programming languages like VBA, Python is a plus.
• Knowledge: In-depth understanding of market conduct behaviors, trading markets, and regulatory requirements. Familiarity with CFTC (US), NFA (US), FCA (UK), MSA (Singapore), MFSA (Malta) etc. regulations is advantageous.
• Analytical Skills: Excellent research, analytical, and problem-solving skills. Ability to interpret complex data and identify trends.
• Communication Skills: Strong interpersonal, written, and verbal communication skills. Ability to present findings clearly and concisely.
• Project Management: Proven ability to manage multiple projects simultaneously and meet deadlines.
• Attention to Detail: High level of accuracy and attention to detail.

Compensation:

This is a full-time position with an expected annual compensation of $184,000 - $341,000 USD. The actual compensation for a successful candidate may vary based on factors such as skill set, relevant experience, qualifications, and other relevant factors.  This position also offers other forms of compensation and benefits consisting of overtime compensation (when applicable), relocation assistance (if applicable), performance-linked bonus, paid time off (including sick time) benefits, paid Company holidays, participation in the Company’s equity and 401k retirement plan, competitive employee health, dental, and vision benefits each subject to the terms and conditions of the governing plan documents and Company policies.