Head of Anti-Money Laundering

The organisation

On LiteBit’s state-of-the-art platform people can buy, store, manage, and sell Bitcoin, Ethereum, Dogecoin, and about fifty other relevant cryptocurrencies at competitive prices. The company – located in the center of Rotterdam – is one of the few truly international crypto brokers. LiteBit has registrations in the Netherlands, Austria, and France and applications running in various other countries. Most of its 300 thousand clients originate from Holland but the company is rapidly gaining traction in its other markets as well.

LiteBit is on its way to becoming the most customer-friendly and trusted platform in Europe. The company believes in safe, simple, and human crypto trading. Its offerings include personal service, safe wallets, intuitive user interfaces, and reliable payment methods. Through their app, for example, customers can easily and instantly access their portfolio and trade anytime and anywhere. To strengthen the proposition, the over one hundred employees of LiteBit are constantly working on new products and services.

Being a relatively new phenomenon, cryptocurrencies are closely monitored by financial regulators, supervisory authorities, and fiscal investigators (e.g., FIOD). LiteBit has adopted a compliance-first strategy. The broker is actively working with the authorities to design laws and regulations and contribute to combating criminal activity.

The position

Cryptos are one of the biggest disrupters of our time. But their meteoric rise asks for regulation. LiteBit, a Dutch-rooted crypto broker, has adopted a compliance-first strategy and actively works with regulators to improve safety. The Head of AML – who designs and implements AML policies – is instrumental in this approach. A role with high impact and responsibility and prospect of joining the LiteBit board as COO.

Tasks & responsibilities

The Head of AML will be key in LiteBit’s compliance first strategy. The role combines policy-making, team management, and ambassadorship towards internal and external stakeholders. They will report directly to the COO and get the chance to contribute substantially to LiteBit’s success, potentially by taking over the COO role.

“We’re looking for a new Head of AML with the potential to take over from me in the future. For now, they will become an important member of our team with lots of responsibilities and freedom.” – Arthur van Lier, COO

One of the main responsibilities of the Head of AML is designing, implementing, and continuously improving LiteBit’s anti-money laundering policies. A challenging task looking at the dynamics of the crypto market. In the next couple of years, new laws and regulations are expected to be introduced that will have a significant impact on all players involved. The Head of AML will make sure LiteBit is ready for these changes and can continue to optimally serve its customers without skipping a beat.

The Head of AML will lead a team of about fifteen specialists, of which four will be reporting directly to them. Next to the day-to-day team management, the Head of AML will build the team member’s capabilities through coaching and development. They will also get the opportunity to grow the team and add specific expertise.

Thirdly, the Head of AML will be the first point of contact for everything concerning LiteBit’s AML policies, both internally and externally. They will work closely with the Tech, Finance, Risk, and Data teams and have frequent interactions with regulators and supervisory authorities on a national (e.g., DNB and FIOD) and international (e.g., Europol) level. The Head of AML will take a proactive approach to communication, informing the market about LiteBit’s best-in-class compliance practices. For example being  in direct communications with the most influential regulators in the EU.

The Head of AML will get the chance to work in one of the hottest fields of today’s economy and bridge the gap between crypto and traditional finance. The role combines high-level strategy with a focus on getting things done. They will get to work at a crypto broker with a strong track record and a true tech atmosphere.

Candidate profile*

• Over eight years of work experience
• Knowledge of the financial sector and specifically of KYC, AML, and CDD
• Managerial experience
• Strong communication skills
• Analytical

* Research shows that while male candidates feel confident enough to apply when they meet about 60% of the requirements, female candidates only apply when they tick every box. So if this role has your name on it, but you’re not sure about the criteria, we still want to hear from you.

Interested? 

You can apply to this position by using the link below. LiteBit is working with Top of Minds to fill this vacancy.