Money Laundering Reporting Officer(MLRO), Risk & Compliance Manager

Independent Reserve

Compliance Program Leadership

• Develop, implement, and maintain a comprehensive compliance program covering AML, CTF, sanctions, Travel Rule, KYC/CDD/EDD, transaction monitoring, and market conduct

• Monitor and enhance internal controls to ensure compliance with UAE and international regulations.

• Conduct ongoing risk assessments and implement mitigation strategies.

Client Risk Management

• Oversee onboarding and ongoing due diligence for our clients.

• Monitor and investigate suspicious activity, preparing timely STRs/SARs for regulators.

• Maintain customer risk rating frameworks and ensure enhanced due diligence on high-risk clients.

Regulatory Engagement & Reporting

• Serve as the primary regulator contact for UAE authorities.

• Coordinate regulatory inspections, filings, and responses to inquiries.

• Provide regular reporting and updates to the CEO and Board on compliance risks and regulatory developments.

• Submit timely regulatory returns and incident reports to VARA

• Maintain Responsible Individual obligations and fitness & propriety standards

Virtual Asset-Specific Compliance

• Implement and oversee Travel Rule compliance for VA transfers, including counterparty VASP verification

• Monitor on-chain transactions using blockchain analytics tools to detect suspicious patterns

• Maintain VA-specific risk frameworks covering token risk and wallet screening

• Oversee market conduct and consumer protection requirements unique to VARA

• Manage VARA incident reporting obligations and regulatory notifications

Policy Development & Training

• Draft, implement, and maintain AML/CFT policies, procedures, and manuals.

• Deliver training and guidance to staff to foster a strong compliance culture.

• Ensure alignment with global standards and internal best practices.

Cross-Functional Collaboration

• Work closely with Operations, Legal, Finance, and Technology teams to embed compliance controls into all processes.

• Advise on risk mitigation strategies for products and client services