Compliance Officer & MLRO

Deriv

  • Ebene, Mauritius
  • Permanent
  • Full-time
  • 24 days ago
Job Description :As the Compliance Officer and Money Laundering Reporting Officer (MLRO) for Deriv (Mauritius) Limited, you will play a pivotal role in ensuring our firm operates with the highest standards of integrity and regulatory compliance. Based in Ebene, you will oversee our full adherence to the Mauritius Financial Services Commission (FSC) regulatory framework, maintaining effective compliance programs and embedding a strong culture of governance across the organisation. Your leadership will be instrumental in designing and implementing robust anti-money laundering (AML) and counter-terrorist financing (CTF) controls that protect our business and clients from financial crime threats, together with building a resilient regulatory compliance framework.You will continuously monitor regulatory developments and maintain proactive engagement with the FSC and other relevant regulatory bodies, ensuring Deriv remains ahead of evolving compliance requirements. The role demands strategic leadership, meticulous attention to regulatory detail, and the ability to guide the business in navigating complex compliance landscapes while safeguarding against financial crimes and regulatory breaches. As an AI-first company, you'll leverage cutting-edge technology to enhance compliance operations, streamline investigations, and drive regulatory excellence.AI is being embedded into our company DNA, across every department. For further information, please read our guide: ‘ '.Your challenges:
  • Monitor and analyse regulatory trends in Mauritius: Continuously track, interpret, and strategically evaluate regulatory developments and changes in key Mauritian markets (particularly the FSC) to define Deriv's operational strategy and market expansion.
  • Develop and maintain compliance and AML frameworks: Design, approve, and direct the implementation of comprehensive regulatory compliance and anti-money laundering (AML) policies and procedures that align with the company's business model and FSC regulatory requirements.
  • Ensure ongoing regulatory compliance: Oversee adherence to updates in Mauritius financial legislation and FSC regulations, mandating timely adjustments to internal practices and policies to ensure the company maintains full regulatory standing, while maintaining oversight of the Company’s AML and Regulatory Compliance Monitoring Programmes.
  • Conduct policy reviews and updates: Authorize and provide final sign-off on regular evaluations and revisions of AML, governance and compliance policies to ensure they remain effective, relevant, and aligned with legal obligations.
  • Manage internal reporting and external filings: Serve as the primary, formally designated MLRO point of contact forManage and submit external filings, signing off on all Suspicious Activity Reports (SARs/STRs) and managing formal communications with relevant regulatory authorities.
  • Lead risk assessments and internal audits: Direct and oversee detailed compliance risk assessments and internal audits to identify critical gaps, approve the implementation of appropriate controls, and determine the final resolution of complex AML and regulatory risks.
  • Handle regulatory reporting and board communication: Prepare and submit all required statutory and regulatory reports to regulatory bodies, while also providing quarterly strategic compliance updates and key insights to the Company's Board of Directors.
  • Oversee compliance training, tech integration & complaint management: Determine the annual training strategy and syllabus. Champion the utilization and strategic integration of AI-based tools to enhance the firm-wide risk management and regulatory reporting capabilities.
Requirements:
  • Hold a university degree in law, risk management, criminology, finance, or a related field
  • Possess ACAMS Certification
  • 8+ years of experience in a compliance role in financial services with good understanding of investment services and virtual assets regulations, and other relevant legislation in the jurisdiction
  • Experience in dealing with regulatory bodies in Mauritius including but not limited to the FSC
  • Bring a high degree of integrity and maturity to your professional interactions
  • Possess excellent spoken and written English communication skills
  • Knowledge and experience on derivatives, crypto and virtual assets
Company culture:
  • Join a diverse, inclusive workplace that values innovation and cross-cultural collaboration.
  • Enjoy competitive compensation, professional development opportunities
  • Be part of a company recognised for excellence and committed to career growth opportunities.
You'll be based at our modern office in Mauritius, where global finance meets tropical paradise. Our Mauritius hub is crucial to Deriv's strategic and customer-centric operations, hosting key teams that drive our trading innovations forward. You'll experience a workplace culture that balances professional excellence with island-style warmth, featuring regular team activities and professional development opportunities. Our contemporary office space offers both collaborative areas and quiet zones. At Deriv Mauritius, we set the standard for technological achievement and workplace culture, merging automation, creativity, and innovation in a dynamic environment. Join us to make a global impact while enjoying the unique balance of professional growth and an enviable island lifestyle.Our culture is unique, and we live by our values and leadership principles, find out more about life at Deriv .

Deriv