Job Description

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a global presence and multiple Trust companies, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit .BitGo is looking for a Principal Compliance Officer to play a crucial role in overseeing and ensuring full compliance with PMLA laws. This individual will be responsible for implementing and maintaining effective AML/KYC policies, procedures, and controls, ensuring compliance with all applicable regulatory requirements, and serving as the primary point of contact for regulatory bodies.Responsibilities:

• Ensuring the company's operations are in compliance with the PMLA, 2002, PML Rules and VDA AML guidelines.
• Establishing AML and CFT systems and controls to adhere to applicable regulatory expectations.
• Maintaining an effective transaction monitoring system to detect potentially suspicious transactions within the platform and submitting Suspicious Action/ Transaction Reports with the Indian FIU where appropriate.
• Regularly reviewing developments in applicable legislation (Indian AML/CFT Regulations, FATF, Etc.) and providing timely guidance. (domestic and international where the business is involved)
• Overseeing the implementation of appropriate AML and CFT policies and procedures, including the operation of the risk-based approach.Liaising with the FIU-India from time to time, serving as the primary point of contact.
• Ensuring that AML and CFT requirements are considered as part of the development of new products, or service changes.
• Act as the primary liaison for all AML and compliance-related matters between the VDA service provider and regulatory authorities, auditors, and law enforcement agencies.
• Maintain a close working relationship with senior management, providing advice on potential compliance risks and issues.

Requirements:

• 5+ years of experience in a compliance or risk management position.In-depth knowledge of PMLA regulations and how they apply to digital assets and cryptocurrency platforms.
• Strong understanding of financial crime prevention, including AML, KYC, CDD, EDD, and sanctions screening.
• Ability to manage regulatory inquiries and audits effectively and work with external regulators and auditors.
• Strong communication skills, with the ability to clearly communicate complex regulatory requirements to both internal teams and external parties.
• Ability to work in a fast-paced, dynamic environment, and manage competing priorities.
• Strong problem-solving skills and attention to detail.

Why Join BitGo?Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem solving, and who want risks to be part of the team that changes the world's financial markets.Here are some of the benefits of working at BitGo:

• Competitive salary
• IT equipment support for work
• Meal and commute allowance
• Medical Insurance
• Attractive Well-being allowance (comprised of medical, wellness and fitness aspects)
• Great/Talented workforce to learn and grow with

Cryptocurrencies are the most disruptive change the financial services industry has seen in years. Join us and you'll be able to look back and say you were part of the team that transformed investing.Note: This role requires working onsite (Monday to Friday) at the Gurgaon office.

BitGo