.Position Title: Compliance RepresentativeJob Type: Full-timeCompany Overview:Telcoin is a dynamic fintech firm dedicated to providing innovative financial solutions in the digital asset space.
Established in 2017, Telcoin has expanded rapidly and now has entities in 10 countries with an appetite to add more.
As we expand our operations, we are seeking a Compliance Representative in our Vulnerable Activity registration with the Tax Administration Service ("SAT"), VASP (Virtual Asset Services Provider) registration, obtaining a MSB (Money Transmitter License) and IFPE (Electronic Payment Fund Institution) licenses in Mexico.Role Overview:The Compliance Representative will be a key member of the international compliance team, with a specific focus on establishing and maintaining Mexico's Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) operations.
In addition to overseeing compliance within Mexico, the representative will contribute to the development and enhancement of Telcoin Group's policies and procedures.
This role will involve close collaboration with both internal teams and local regulators to ensure that the company remains fully compliant with Mexico's regulatory landscape, while also aligning with global compliance standards.Responsibilities:Registration/Licensing Process:Assist in preparing and collaborating with our legal team on submitting the application for Vulnerable Activity registration with the Tax Administration Service ("SAT"), VASP (Virtual Asset Services Provider) registration, obtaining a MSB (Money Transmitter License) and IFPE (Electronic Payment Fund Institution) licenses in Mexico.Coordinate with VPs of Telcoin, local specialised advisors, legal team and other relevant parties to compile necessary documentation and ensure compliance with regulatory guidelines.Monitor the progress of the registration application and address any inquiries or requests from the regulators.AML/CFT Compliance:Develop and implement the Mexican AML/CFT policies, procedures, and controls tailored to the unique characteristics of cryptocurrency operations.Conduct regular risk assessments to identify and mitigate potential money laundering and terrorism financing risks.Oversee customer due diligence (CDD) procedures, including KYC (Know Your Customer) and enhanced due diligence (EDD) measures for high-risk clients.Submission of notices to the Financial Intelligence Unit, through the SAT.Monitor transactions and account activity for suspicious behavior and ensure timely reporting of suspicious operations to the SAT.Stay informed about emerging AML/CFT trends, regulations, and best practices, and make recommendations for enhancements to the compliance program.Training and Awareness:Provide ongoing training and guidance to employees on AML/CFT compliance obligations, including the identification and reporting of suspicious activities