Cryptonow Austria is a core subsidiary of the Cryptonow Group, specializing in regulated digital asset services across Austria and the broader European market. Established in 2017, the company is dedicated to simplifying access to crypto-assets through secure, compliant, and user-friendly products and solutions.
The company’s product portfolio includes the unique Cryptonow Brokerage Platform and the widely recognized Cryptonow Crypto Gift Cards—offerings that have established new benchmarks in accessibility and ease of use for crypto-asset transactions.
Cryptonow envisions a financial future where access to digital assets is universal, secure, and inclusive. The company is actively driving this transformation by empowering individuals to participate in the decentralized economy with confidence. Its mission is clear: to unlock the full potential of crypto-assets and embed them as a trusted, regulated, and seamless part of everyday financial life.
As a financial institution regulated by the Austrian Financial Market Authority (FMA), Cryptonow Austria operates in strict alignment with national and European regulatory frameworks. The company maintains compliance standards to ensure operational integrity, safeguard client interests, and uphold the highest levels of financial governance.
Role Overview:
The Deputy AML Compliance Officer supports the AML Compliance Officer (AMLO) in ensuring Cryptonow’s compliance with Austrian and European legal requirements for the prevention of money laundering (AML) and counter-terrorism financing (CTF) with respect to Cryptonow’s Austrian business operations.
The Deputy AMLO acts under the direction of the AMLO and may assume the AMLO’s duties in their absence. The Deputy AMLO contributes to the development, implementation, and continuous improvement of the AML/CTF framework, policies, controls, and systems in accordance with applicable legal and regulatory standards, including the FMA Circular on internal organization and the Austrian Financial Markets Anti-Money Laundering Act (FM-GwG).
The Deputy AMLO may execute certain AML/CTF functions directly or oversee their implementation by relevant operational teams, ensuring that all activities are consistent with Cryptonow's internal policies and legal obligations. All actions are taken in coordination with or under the supervision of the AMLO.
Key Responsibilities:
- Assist in the preparation, update and review of the company-wide AML/CTF risk analysis (§ 4 FM-GwG) and support its ongoing enhancement.
- Support the implementation, testing and monitoring of appropriate AML/CTF controls, procedures, and IT systems to ensure compliance with due diligence obligations.
- Participate in the creation, review and maintenance of AML/CTF internal policies, manuals, and procedures.
- Perform regular and ad hoc checks to assess the effectiveness of AML measures and suggest improvements where necessary.
- Assist in defining and monitoring enhanced due diligence (EDD) measures for higher-risk customers and transactions.
- Support the review and approval process for onboarding new clients, high-risk relationships and escalated cases flagged by monitoring systems.
- Perform day-to-day transaction monitoring to clarify potential AML/CTF concerns and take over alert handling duties accordingly.
- Contribute to the development and delivery of AML/CTF training programs for employees.
- Support the AMLO in preparing and submitting Suspicious Activity Reports (SARs) in accordance with § 16 FM-GwG and managing reporting obligations under § 17 para. 3 FM-GwG.
- Support the AMLO in responding to inquiries from the Financial Intelligence Unit (FIU), the FMA and other law enforcement authorities.
- Contribute to regular and ad hoc compliance reporting to senior management and ensure proper documentation and record-keeping.
- Participate in the management and remediation of findings from audits, regulatory inspections and internal risk assessments.
- Help coordinate with banking partners and stakeholders for due diligence and ongoing compliance obligations.
- Promote a culture of compliance and support internal communication on AML/CTF requirements and expectations.
- Assist in reviewing and documenting PEP and sanctions screening results, ensuring proper escalation and decision-making in alignment with the AML policy.
- Support timely reporting of sanctions-related findings as required under applicable regulations.
- Advise and provide support to 1st line in all areas of AML/CTF.
- Hands-On experience in Compliance / AML teams with relevant industry certifications and training are preferred.
- At least 3 years of experience in the financial industry, with a preference for experience in a regulated FMA CASP crypto- or banking industry.
- Knowledge of FMA Austria regulations, EU MiCAR, and AML/CFT/Sanctions requirements.
- Experience in assisting with the development and implementation of compliance programs.
- Strong analytical and problem-solving skills, with the ability to interpret complex regulations and provide practical compliance solutions.
- Excellent communication and interpersonal skills, with the ability to effectively train and guide employees on compliance matters.
- Detail-oriented with a high degree of integrity and professionalism.
- Fluency in German and English is required.
- A crucial role in a rapidly growing company with opportunities to contribute to its compliance strategy.
- The opportunity to work with innovative products in the exciting field of crypto and financial services.
- A collaborative and dynamic work environment.
- Opportunities for professional growth and development.
- Access to industry-leading AML and compliance software tools to support your work.
Join us on our journey to reshape the future of financial services in Europe!