This position services the position requirements of both iFinex, Tether Holding Limited, (‘the Companies’) and applicable subsidiaries. The position reports to the Chief Compliance Officer and a dotted line to the Head of Licensing and Internal Compliance Testing of iFinex and Tether.
The primary purpose of this position is two-fold:
(1) To support the ongoing design, enhancement and execution of the Companies’internal money laundering (“ML”) / terrorist financing (“TF”) and sanctions risk assessment for both the business and its customers. This includes helping to execute the ML/TF Sanction risk assessment across the Companies’ products and business lines, evaluating inherent risk associated with customers, products, services and geographic locations; providing input, support the maintenance and enhancement opportunities to improve the ML/TF/Sanctions risk framework including the risk assessment methodology and standards; and providing advice and direction to applicable business lines, educating them on ML/TF/Sanctions risk and acting as an advisor to risk owners in the Companies. (2) In support of the Companies’ risk assessment activities, and as part of supporting the assessment of Program effectiveness, the incumbent will be responsible for working with the Chief Compliance Officer to support the build- out and execution of an internal compliance testing / quality assurance program across the Companies and their affiliates. This will include performing testing quality assurance activities to assess the design and operating effectiveness of the Companies’processes and controls.