About Us
OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace. Our stellar early team comes with experience in companies like J.P. Morgan, Goldman Sachs, FalconX, Paypal, Affirm, Polygon, Kraken, Nium & others. We’re backed by Accel, Lightspeed, NfX and other top-tier investors.
Role Overview
We are seeking a strategic and hands-on Compliance Manager and BSA Officer to build and scale our compliance program across the US, Canada, and Latin America. This is a foundational role critical to establishing OpenFX's compliance infrastructure for our regulated US entity and expanding operations throughout the region. You will design and implement comprehensive compliance policies, procedures, and systems that enable compliant growth while managing risks across our payments and crypto-asset services.
Key Responsibilities:
- Contribute to building OpenFX’s global compliance infrastructure, including comprehensive compliance policies, procedures, and systems for the OpenFX Group and for OpenFX's regulated US entities that address regulatory requirements with respect to payments and virtual currency activities, AML, and privacy and data security, among others
- Serve as BSA/AML Officer for our US regulated money service business entities and own and enhance OpenFX's BSA/AML programs in the Americas to efficiently prevent, detect, and report money laundering, terrorist financing, and other financial crimes and ensure alignment with local requirements
- Stay current on regulatory developments across the Americas and assess impact on OpenFX operations and develop and implement expanded compliance policies and procedures as needed
- Support implementation of compliance program requirements for our US regulated entities and other Group entities, including conducting risk assessments, onboarding clients and conducting KYC/KYB document reviews and customer due diligence, analyzing transactional data for suspicious activity, and facilitating preparation of required reports and audits
- Leverage compliance tools, RegTech solutions, and analytics to enhance program effectiveness, efficiency, and scalability
- Partner with Product, Engineering, Legal, and Operations and provide compliance advice on market expansion, new product development, and operational changes to ensure compliance as the company scales
- Manage compliance requirements from banking partners, digital asset partners, and payment networks to ensure operational alignment and trust, and serve as the primary compliance point of contact for partner-related compliance inquiries and audits
- Support licensing initiatives in the Americas and globally
What we are looking for
Must-haves:
- Bachelor's degree
- 10+ years of compliance experience in payments, fintech, or financial services
- Strong understanding of US financial regulations including BSA/AML and money transmitter laws and regulations
- Hands-on experience building and executing compliance programs, policies, and controls at a financial services company, including administration of AML/KYC processes, transaction monitoring, and SAR filings
- Attention to detail and excellent communication skills
- Proven track record working effectively with cross-functional partners and external stakeholders, including US financial regulators
- Commitment to teamwork and ability to work in a fast-paced startup environment
What helps you stand out:
- Experience in cross-border payments, FX, and/or crypto asset compliance
- Prior work at a start-up or other high-growth company
- Familiarity with compliance technology platforms and transaction monitoring systems and blockchain analytics tools (Chainalysis, Elliptic, TRM Labs)
- Prior experience as BSA officer of a regulated entity
- Experience with compliance requirements in Canada and/or Latin American markets
- Law degree
What We Offer
- Competitive salary and benefits package.
- Equity in a rapidly growing company.
- Opportunity to work in a fast-paced startup at the forefront of fintech innovation.
- Opportunity to make a significant impact on global financial infrastructure
- Collaborative work culture with emphasis on personal and professional growth.
We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.