Senior Compliance Specialist - TRACFIN correspondent



Paris, France
Posted on Friday, May 17, 2024
At SwissBorg, our mission is to build a spectrum of investment experiences that help people redefine wealth. Our app has over 790,000+ verified users, offering the best price and liquidity across 16 fiat currencies to buy 90+ cryptocurrencies. Users can earn yield, diversify their portfolios with our themed crypto bundles, and gain access to exclusive alpha investment opportunities. Our community is rapidly expanding, with more than $1.4 billion in assets held in the app and over 51,000 premium users.
Join us in shaping the future of finance, pushing the boundaries of what's possible, and transforming the way people manage their wealth. Whether you’re in Austria or Taiwan, and whether your portfolio is worth one dollar or a million, SwissBorg provides the best tools to learn about digital currencies and manage your wealth effectively.
Join the team to help revolutionise the world together!
The Senior Compliance Specialist will work closely in cooperation with our Director of Risk and Compliance in managing the ongoing organisational and operational compliance with the applicable laws, guidelines and best practices with the main focus on the French and EU regulations and supervisory practices. Some of the key areas you would be heavily involved in are MiCA, the AML/CFT, sanctions and fraud framework, licence proceedings, and French national supervision.

What you might be doing:

  • Support the development and implementation of a comprehensive group-wide compliance framework aligned with regulatory requirements and industry best practices.
  • Draft and monitor the implementation of the internal policies in all areas relevant to crypto and financial service providers, including MiCA, DORA the AML, CTF, sanctions and fraud area and relevant French national laws.
  • Manage the regulatory communication with the French authorities, and support the communication and cooperation with the public authorities on group level.
  • Fulfil the obligations of the official TRACFIN correspondent and backup TRACFIN declarant.
  • Monitor and help the group to adjust for changes in the legal environment with main focus on the French and the EU regulations and supervisory practices.
  • Monitor, assess and propose improvements as needed to the internal control and customer monitoring frameworks to remain effective and compliant.
  • Conduct internal investigations and reviews regarding compliance with the applicable laws and internal policies, including with MiCA, AMLD, and with relevant national laws.
  • Manage and support in different administrative proceedings throughout the group.
  • Support in the internal and external audits.
  • Support the internal and external reporting.
  • Support the internal training.
  • Stay abreast of the evolving regulatory environment, industry standards and best practices.

What you might look like:

  • Bachelor’s degree in Law from a reputable university in the EEA, UK or Switzerland. Master’s degree preferred.
  • Minimum 5 years of experience in the compliance or regulatory areas in EEA, UK or Swiss financial institutions, crypto service providers or FinTech companies. Experience in a company under regulatory supervision of the Estonian, French, UK, Swiss or Liechtenstein authorities is a strong plus.
  • Strong knowledge of the EU and French financial and crypto regulatory frameworks, industry standards and supervisory practices. Knowledge of the UK regulatory framework, MiFID II, or good understanding of payment processes are all a plus.
  • Strong knowledge of the EU and French AML, CTF, sanctions and fraud regulations.
  • Awareness and knowledge of the upcoming MiCA, relevant French legislation, and accompanying guidelines.
  • Proven experience with development and application of internal policies and procedures in a financial service provider supervised by the authorities.
  • Strong time management and organisational skills, and the ability to manage multiple tasks concurrently.
  • Team player with the ability to work in a collaborative environment.
  • A methodical and diligent approach, to deliver accurate and timely results. Logical and systematic thinking. The ability to convey complex concepts to non-lawyers.
  • Excellent communication and fluent professional skills in both English and French are a must.
  • Residency in France is a must.
Why you should apply:
- Freedom to build the company of your dreams
- Learn with (super cool) experts in finance, engineering, AI, psychology and business
- BORG bonus based on our meritocratic system
- Flexible working hours
- 25 working days of vacation + local holidays
- We'll provide you with a MacBook and a cutting edge tech stack to help you do your best work
- Annual company and team retreats - We'd love to see you at the next one!
- Continuous learning and development opportunities
If our job description speaks to you, but you don’t feel like you meet 100% of the requirements, apply anyway! You may have skills we didn’t even know we needed.
At SwissBorg, we embrace diversity. We strongly believe that getting the best outcome requires different perspectives and backgrounds. We’re committed to openness, curiosity and creating an inclusive culture because we know that diverse teams build better products and generate better ideas. We strongly encourage applications from everyone!
Familiarising yourself with our product is crucial for anyone looking to join our team. Please make sure to test the app, explore our blog for the latest developments, and follow our Careers Page, LinkedIn, and X for regular company updates!