Compliance Lead

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.