Compliance Lead
Sui Foundation
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.
