MLRO (Italy)

Hi! We’re Mercuryo, and we’re on a mission to redefine finance by blending the best of traditional banking with the innovations of decentralized finance (DeFi). We believe that everyone should have easy access to Web3 and traditional financial services — and we’re making that happen by building a robust platform that simplifies dealing with crypto and seamlessly integrates it into the broader financial ecosystem.

Since we launched in 2018, we’ve teamed up with Web3 top projects such as MetaMask, Trust Wallet, Ledger, Jupiter, 1inch, and PancakeSwap and 200+ others to power over 200 dynamic products. Our work also brings us into direct collaboration with major ecosystems such as Solana Labs, Consensys, and BNB Chain. We’re just getting started, and we want you to help us shape the future of money!

Why Mercuryo?

Industry Impact
Join us in helping world-class Web3 projects onboard millions of new users into the next generation of finance.

Innovative Environment
Collaborate with more than 200 talented professionals from diverse backgrounds — including banking, SaaS, and Web3 — all united in delivering outstanding user experiences.

Growth and Learning
Our expanding network of 200+ B2B partnerships and a user base of over 7 million means there’s always room to grow your skills, tackle new challenges, and push boundaries.

Flexible Culture
We’re remote-first, celebrating diversity across 30 countries. At Mercuryo, you’ll be empowered to take ownership of your work, spark creativity, and shape how we move forward together.

About the Role

Moneychurros, a full subsidiary of Mercuryo, authorised by Banco de España to provide crypto asset services, is now seeking a Money Laundering Reporting Officer (MLRO) to help us in building out the second line of defence and to push our Regulatory and Financial Crime Compliance Program to the next level.

As Moneychurros’ MLRO (Spain), you will be responsible for carrying out the vision and the mission for the team as the company continues to scale. You will work closely with key stakeholders in Financial Crime Compliance Operations, Legal, Risk, Product, Engineering, and other functional areas to ensure Moneychurros is compliant with all relevant regulations.
The MLRO (Spain) reports directly to Mercuryo’s Global Head of Compliance and will be supporting our regulatory compliance and financial crime efforts across all Mercuryo entities (currently in Europe and North America).
As our MLRO (Spain), you will have the opportunity to work on a wide range of areas in the increasingly important world of fintech payments and virtual assets and have a real impact on the growth of the entire Mercuryo Group.
This is a purely second line compliance role with a heavy focus on being “hands on”, reporting, policy, advisory and assurance, however, a good understanding of assessing, implementing and configuring operational systems and controls is required to make this a success. The role will focus on financial crime compliance, regulatory, consumer protection and risk matters.

Your Role:

• Suspicious Activity Reporting: Manage the process for and report SARs for Moneychurros 
  and other entities within the Mercuryo Group.
• Advisory: Provide compliance advice to the rest of the Mercuryo & Moneychurros team,  business units and management.
• Policies and Procedures: Construct, review, and maintain compliance policies, procedures,  and processes to ensure that the systems and controls framework is adequate and up to date.
• Horizon Scanning: Implement Horizon Scanning processes and ensure stakeholders are  made aware of any changes expected.
• Assurance: Conduct compliance reviews, perform compliance monitoring and surveillance to ensure that policies, procedures, and practices are being followed and adhered to.
• Reporting and Escalation: Provide regular internal management information on compliance  related activities, for onward escalation, including the development of compliance governance packs.
• Operational Enhancements: Act as the point of contact for compliance advisory tickets and  requests – ensuring you maintain a risk based and balanced approach to advising the business.
• Risk Assessment: Perform Risk Assessment activity across the Group – including enterprise risk assessments, regular jurisdictional risk assessment and regular alterations to the customer risk scoring process.
• Breach Management: Manage the escalation, root cause analysis, and remediation of financial crime compliance breaches.
• Control Testing: Implement risk-based monitoring and assurance programs on core oversight activities - such as KYC/B, transaction monitoring, screening, complaints, customer outcomes, outsourcing, financial promotions, etc.
• 2nd Line Compliance Operations: Work on compliance operations such as gifts and entertainment registration, regulatory reporting, conflicts management, EDD sign off, quality assurance, and testing.
• KYB/KYC Standards: Provide KYB and client due diligence advisory and act as an escalation point regarding Mercuryo/Moneychurros’ risk appetite.
• Training: Assist on the development and delivery of compliance training to the organisation.
• Business Partnerships: Be an integral part of the technology and product teams, ensuring compliance remains at the forefront of good product development and governance.
• Compliance Program: support the development and maintenance of the European compliance programme, including MiCA enhancements.

What We're Looking For:

• Minimum of 4 years of relevant experience working in a regulatory, law enforcement, e-money, payment services, crypto, consultancy or a retail banking environment – or similar regulatory background.
• You’ll be hungry to step into a managerial role from an Assistant Manager (or equivalent) position.
• You’ll need to be a compliance generalist for this role – we’d love to see that you have experience across Policy & Procedure development, Risk Assessment, Assurance, Advisory and Oversight within all financial crime areas, as well as regulatory compliance, consumer protection, data protection and risk.
• A keen eye for detail and the ability to confidently challenge the business units and advise on solutions to problems.
• Hands on experience of designing and implementing Regulatory and Financial Crime Compliance and Operational programs around consumer protection, MiCAR, DORA, onboarding, CDD, transaction monitoring and screening.
• The ability to build strong relationships, make impactful contributions and influence business strategy.
• Fluency in English (written and verbal).

What We Love About You:

• Strong track record of implementation and execution of regulatory and compliance programs.
• A pragmatic way of thinking, coupled with legal, compliance or financial qualifications.
• An excellent communication style - both verbally and in writing, with the ability to adapt your approach to your audience.
• You love to write - we have a lot of documents to draft, and we place a high degree of importance on clarity and readability.
• Some ability to speak another language would be advantageous but is not necessary.
• Comfortable with solo execution - we're a small team so you'll need to be happy rolling up  your sleeves.
• You enjoy working with a young team and taking the time to share your knowledge and  experience.
• Capable of working to own initiative.
• You are inquisitive and confident in questioning the status quo.
• Good team player that is happy and thriving working in a start-up environment.
• You are proud of your impeccable work ethic and entrepreneurial business mindset.

Join Us!

If you're driven to be a part of the Web3 forefront and are keen to leave your mark on this rapidly evolving field, Mercuryo is an excellent choice. Discover our open positions and see how you can contribute to shaping the future!