Head of Compliance & AML - Italy

Description

 CoinFlip is a global digital currency platform company focused on providing consumers with simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume, with more than 5,500 kiosks across 49 U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, Italy, Panama, Brazil, Mexico, and Spain. CoinFlip’s digital currency kiosks make buying and selling major cryptocurrencies accessible for consumers who wish to purchase digital currency using cash.

CoinFlip also operates CoinFlip Preferred, a personalized over-the-counter service that provides investors with custom, white-glove support for their cryptocurrency transactions. In 2022, CoinFlip launched CoinFlip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects. We also offer the CoinFlip Crypto Wallet, a self-custodial cryptocurrency wallet available for iOS and Android devices.

CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune’s Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie® Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey, visit www.CoinFlip.tech. 

CoinFlip is looking for a highly experienced Head of Compliance & AML for Italy who can also fill the role of Money Laundering Reporting Officer (MLRO) and join the board of the Italian company. The successful candidate will be responsible for defining, implementing, and supervising the company's compliance and anti-money laundering framework in Italy and in Europe (as the company grows its international presence), ensuring full compliance with national and European regulations applicable to crypto-asset service providers (CASP), with particular reference to operations via crypto ATMs.

The role requires a highly professional profile, with solid regulatory experience, risk management skills, and the ability to liaise with competent authorities.

Main responsibilities:

• Assume the role of Compliance/AML Officer and MLRO, with full responsibility for AML/CFT functions.
• Design, implement, and update the compliance and anti-money laundering system in line with: Legislative Decree 231/2007, Regulation (EU) 2023/1113, and European and national regulations applicable to crypto-assets and crypto-ATMs.
• Manage and supervise the processes of: Customer due diligence (CDD/KYC, EDD), Transaction monitoring and reporting of suspicious transactions (SOS), and Data retention and transaction traceability.
• Conducting AML and compliance risk assessments, including product, customer, channel, and jurisdiction risk assessments.
• Interact with supervisory authorities and other competent authorities, including in response to requests for information, inspections, or audits.
• Support management in managing regulatory and reputational risks.
• Providing internal training for staff on compliance, AML, and crypto-asset regulations .
• Monitor European and national regulatory developments in the field of DLT/crypto-assets and anti-money laundering, proposing the necessary adjustments.
• Oversee EU market expansion and extend compliance program Europe-wide.
• The role will report to the regional CEO and will join the board of the Italian company

Requirements

• 7–10 years of professional experience in compliance, AML/CFT, and risk management roles gained, alternatively or cumulatively, in: Banks, Payment or electronic money institutions, Fintech and/or crypto-asset operators, Other industries under CONSOB or Bank of Italy supervision or Other highly regulated industries (eg: gaming).
• In-depth knowledge of Italian and European anti-money laundering regulations, with particular reference to Legislative Decree 231/2007 and Regulation (EU) 2023/1113.
• Solid experience in risk management and second-level controls.
• Relevant professional certifications (for example: CAMS, ICA, ACAMS, or equivalent).
• Fluent in Italian and English, written and spoken.
• Residence in Italy.
• High degree of autonomy, professional integrity, and ability to operate in regulated and rapidly changing environments.

Preferred qualifications

• Direct experience in the crypto-asset sector.
• Experience AML and compliance risk assessment for cash-transactions
• Previous formal appointment as MLRO in Italy.
• Experience in international contexts or multinational groups.

What we offer

• A strategic and responsible role in a rapidly growing international company.
• Opportunity to work at the forefront of the regulated crypto-asset sector.
• Professional, dynamic, and highly compliance-oriented environment.
• Work remotely anywhere in Italy.

Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical “startup” — we offer competitive salaries, performance-based incentives, and competitive benefits for full-time employees.

CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply, but only those selected for an interview will be contacted. 

By applying to this role, you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying "STOP" to the text message you received. If at any time you forget what keywords are supported, just reply "HELP." Message and data rates apply. If you require a special accommodation, please let us know and we’ll work with you to meet your needs.