The Sui Foundation exists to support the development, growth and adoption of the Sui network. Sui is the first permissionless Layer 1 blockchain designed from the ground up to enable creators and developers to build unique Web3 experiences from gaming to finance.
The Sui Foundation is committed to three decentralization principles; Embrace transparency and level the playing field, Communicate openly to build a culture of trust, and Engage directly with the community.
Mission:
Onboard the next billion users to web3 by supporting the advancement and global adoption of the Sui blockchain.
Vision:
To create a better world that unlocks opportunities through universal access and individual ownership.
About the role:
This role is essential to advancing our mission by strengthening and sustaining a robust compliance framework that supports our global business activities and upholds the highest standards of integrity and trust.
What You’ll Do:
Enhance and Oversee the Compliance Program:
- Refine, implement, and maintain a comprehensive compliance framework aligned with industry standards for blockchain foundations.
- Interpret and implement compliance measures relating to US, Cayman Islands, and other international regulations implicated by blockchain technology and cryptocurrency including related to AML/BSA, FCAP, OFAC and others
- Strengthen policies, processes, and controls to meet local and international standards.
- Collaborate with internal stakeholders to embed enhanced compliance standards into operational processes.
Manage KYC/KYB and Due Diligence Processes:
- Lead KYC and KYB due diligence processes for grant applicants, business partners, and vendors, ensuring adherence to regulatory standards.
- Develop onboarding and screening procedures to verify identities, assess risk profiles, and detect potentially suspicious activity.
- Coordinate the preparation and provision of the foundation's own business documents for partner KYB screenings, ensuring compliance and ease of partnership processes.
- Oversee documentation, track compliance data, and support audits to verify adherence to internal and external standards.
Risk Assessment and Monitoring:
- Conduct regular risk reviews of business processes, third-party relationships, and counterparties.
- Monitor evolving regulatory environments in the blockchain space, updating Leadership, and adapting the compliance program accordingly.
- Maintain a risk register and develop escalation protocols for high-risk findings.
Policy Development and Continuous Improvement:
- Draft and update policies that align with AML and KYC standards, ensuring they meet current legal requirements and best practices for blockchain and fintech industries.
- Work with internal teams to continually refine and strengthen compliance practices, contributing to a culture of compliance awareness across the organization.
- Maintain comprehensive records for internal audits and regulatory inquiries, establishing transparent and organized documentation practices.
What You’ll Bring:
Experience and Expertise:
- Minimum of 5-7 years of experience in compliance, preferably within the blockchain, fintech, or financial services sectors.
- Proven track record of designing, implementing, and managing compliance programs, ideally in high-growth or startup environments.
- In-depth knowledge of KYC, KYB, and AML regulations and standards, including within the Cayman Islands and globally.
Skills and Competencies:
- Strong analytical skills, with the ability to conduct thorough due diligence and risk assessments.
- Exceptional organizational and documentation skills, with attention to detail in record-keeping and policy formulation.
- Effective communication skills, with the ability to translate regulatory requirements into practical, actionable policies and processes.
- Experience using and evaluating compliance management tools and software with an ability to build automations.
Adaptability and Proactivity:
- Willingness to operate as both a strategic and hands-on contributor.
- Ability to stay updated with evolving regulatory standards, especially in the rapidly changing blockchain landscape, and to adapt practices accordingly.
- Self-motivated and a capable problem-solver.
Educational and Professional Qualifications:
- Bachelor’s degree in law, business, finance, or a related field.
- Relevant certifications in AML/KYC compliance or other related areas are highly desirable.
Our team is 100% remote and we are hiring across the world. Here at the Sui Foundation, you’ll be joining a world-class team with tremendous growth potential as we bring the next billion users to web3.