EU Compliance Manager and AML/CFT Officer

About OpenFX

OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payments for institutions, leveraging stablecoins and innovative strategies that are delivering low-cost, real-time settlement of transactions. The team's execution has been exceptional, and we're scaling at a remarkable pace. Our stellar early team comes with experience in companies like J.P . Morgan, Goldman Sachs, Stripe, FalconX, Paypal & others. We’re backed by Accel, Faction, NfX, Accomplice, and other top-tier investors.

Role Overview

We are seeking a strategic and hands-on Compliance Manager and AML/CFT Officer to build and scale our compliance program in the EU. This is a foundational role critical to scaling our global compliance programs and establishing OpenFX's compliance infrastructure for our regulated Dutch entity that will operate across the European Union. You will design and implement comprehensive compliance policies, procedures, and systems that enable compliant growth while managing risks across our payments and crypto-asset services.

Key Responsibilities

• Contribute to building OpenFX’s global compliance infrastructure, including comprehensive compliance policies, procedures, and systems for the OpenFX Group and for OpenFX's regulated Dutch entity that address regulatory requirements with respect to payments and virtual currency activities, AML, and privacy and data security, among others]
• Serve as the AML/CFT Compliance Officer for our Dutch regulated entity that will be engaged in virtual currency and payment activities, owning and enhancing OpenFX's AML programs in the EU to efficiently prevent, detect, and report money laundering, terrorist financing, and other financial crimes and ensuring alignment with local requirement
• Stay current on EU and Dutch regulatory developments, assess impact on OpenFX operations and develop and implement expanded compliance policies and procedures as needed
• Implement compliance program requirements for the Dutch regulated entity and other  Group entities, including conducting risk assessments, onboarding clients and conducting KYC/KYB document reviews and customer due diligence, analyzing transactional data for suspicious activity, and facilitating preparation of required reports and audits
• Leverage compliance tools, RegT ech solutions, and analytics to enhance program effectiveness, efficiency, and scalability
• Partner with Product, Engineering, Legal, and Operations and provide compliance advice on market expansion, new product development, and operational changes to ensure compliance as the company scales
• Manage compliance requirements from banking partners, digital asset partners, and payment networks to ensure operational alignment and trust, and serve as the primary compliance point of contact for partner-related compliance inquiries and audits
• Lead or support licensing initiatives in the EU and globally, including EMI licensure in the EU

What We're Looking For

Required Qualifications:

• Bachelor's degree
• 10+ years of compliance experience in payments, fintech, or financial services
• Strong understanding of EU financial regulations including AML and payments laws and regulations 
• Hands-on experience building and executing compliance programs, policies, and controls at a financial services company, including administration of AML/KYC processes, transaction monitoring, and suspicious activity filings
• Attention to detail and excellent communication skills
• Proven track record working effectively with cross-functional partners and external stakeholders including EU regulators
• Commitment to teamwork and ability to work in a fast-paced start-up environment

Preferred Qualifications:

• Experience in cross-border payments, FX, and/or crypto asset compliance
• Prior work at a start-up or high-growth company
• Familiarity with compliance technology platforms and transaction monitoring systems and blockchain analytics tools (Chainalysis, Elliptic, TRM Labs)
• Prior experience as AML Officer or Chief Compliance Officer of a regulated entity
• Prior experience securing licenses and working with Dutch financial regulators
• Law degree

What We Offer

• Competitive salary and benefits package
• Impact: Help design and build a key foundation of the company’s growth and long-term success
• Growth and Learning: Opportunity to work in a fast-paced startup and build the compliance function of a company at the forefront of fintech innovation.
• Culture: Collaborative team environment with emphasis on personal and professional growth
• Mission: Help build the future of global financial infrastructure

We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.