Head of Compliance - India

About the Role: Compliance and MLRO professional will be responsible for overseeing and managing the compliance functions of Liminal group. This role shall have the CO/MLROs of regulated entities reporting into him/her and shall ensure the overall regulatory compliance of the group entities. This role requires a comprehensive understanding of financial regulations, AML/CFT Laws of the jurisdictions in which Liminal is active, and the ability to ensure Liminal’s adherence to these requirements.

Responsibilities

Regulatory Compliance:

• Monitor and interpret financial regulations applicable in all the jurisdictions where Customer Facing entities of Liminal’s group company exist and adherence to all the relevant regulatory reporting requirements.
• Conduct regular assessments to identify areas of non compliance and develop corrective action plans.
• Develop, implement and manage Liminal’s AML program in accordance with respective jurisdictional Guidelines.
• Conduct regular risk assessments and update AML policies to address emerging risks.
  
  

Policy Development

• Collaborate with relevant departments to develop and update policies and procedures in accordance with applicable guidelines.
• Understand risk based approach to compliance plan in an ever evolving business environment.
• Ensure that employees are aware of and trained on compliance and AML policies.
  
  

Reporting And Documentation

• Prepare and submit regular reports to the respective regulators, highlighting Liminal’s compliance status.
• Maintain comprehensive documentation of compliance and AML activities and reports for both internal and external audits.
• Establish procedures for the identification and reporting of suspicious activities.
  
  

Training And Awareness

• Conduct training sessions for employees to enhance awareness of all the relevant regulations and compliance and AML requirements.
• Foster a compliance conscious culture within Liminal.
  
  

Monitoring And Testing

• Implement monitoring and testing procedures to ensure ongoing compliance and AML programs.
• Conduct periodic internal audits to identify and rectify compliance issues.
  
  

Qualifications

• Bachelor’s degree in Business, Finance, Law or a related field.
• Professional certifications such as CAMS would be advantageous.
• Proven experience of 10 to 15 years in a compliance role within a financial services firm in India preferably with a FIU facing entity.
• In-depth knowledge of AML/CFT regulations across the globe and financial industry compliance standards.
• Proven experience in onboarding tools (both KYB and KYC) and Transaction monitoring tools (both pre and post)
• Experience in Virtual Assets/Digital Assets domain of custody operations is a plus
• Strong analytical and problem solving skills.
• Excellent communication and interpersonal skills.
  
  

About Liminal

Liminal is a compliant and insured digital asset custody and wallet infrastructure provider. Launched in April 2021, Liminal Custody is a CCSS Level 3, SOC Type 2, and ISO 27001 & 27701 certified organization. Based in Singapore, Liminal has operations spread across APAC, MENA, and Europe, along with offices in Singapore,Taiwan , India, and UAE. The company has received an initial approval from VARA. Liminal takes pride in supporting businesses with its qualified and insured custody (self and institutional) that enables stress-free safekeeping of digital assets for institutions. It also provides a cutting-edge wallet infrastructure platform that is secure, compliant, and automated and comes with a plug-and-play architecture for faster onboarding of developers, business partners, and government agencies.

Our website - https://www.liminalcustody.com/

Liminal is a compliant and insured digital asset custody and wallet infrastructure provider. Launched in April 2021, Liminal Custody is a CCSS Level 3, SOC Type 2, and ISO 27001 & 27701 certified organization. Based in Singapore, Liminal has operations spread across APAC, MENA, and Europe, along with offices in Singapore,Taiwan , India, and UAE. The company has received an initial approval from VARA. Liminal takes pride in supporting businesses with its qualified and insured custody (self and institutional) that enables stress-free safekeeping of digital assets for institutions. It also provides a cutting-edge wallet infrastructure platform that is secure, compliant, and automated and comes with a plug-and-play architecture for faster onboarding of developers, business partners, and government agencies.