AML/CTF & Sanctions Analyst - Deputy AMLRO and Sanctions Officer, Cyclops EEC Services, GmbH
Mythical Labs
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AML/CTF & Sanctions Analyst - Deputy AMLRO and Sanctions Officer, Cyclops EEC Services, GmbH
Company Description
Crypto and stablecoins will transform payments infrastructure. We are unifying the components that unlock that potential. Cyclops is the first infrastructure company solely dedicated to empowering payments companies to offer crypto and stablecoin solutions.
Cyclops EEC Services GmbH is our wholly owned Austrian entity, established to, after successful licensing, serve European markets and currently pursuing MiCAR and PSD2 licenses with the Austrian FMA (Finanzmarktaufsicht).
Role Overview
We are seeking a motivated and talented AML/CTF & Sanctions Analyst, Deputy Anti-Money Laundering Reporting Officer (AMLRO) and Sanctions Officer to serve as deputy for the designated AML/CFT and sanctions responsible person for Cyclops EEC Services GmbH under Austrian law and applicable EU regulation. This role is critical to our MiCAR licensing process and to our relationship with the relevant authorities.
This is a rare ground-floor opportunity to shape the compliance DNA of a well-capitalized, high-growth company at a pivotal moment. You won't be inheriting someone else's program. You'll be building it.
This is a high-ownership role at a fast-moving startup. In the first phase you will work closely with external legal advisors, compliance specialists, the Austrian entity MD and US parent leadership team to build our AML/CTF/Sanctions framework from the ground up. Following license approval, you will enter a team-building phase, building a dedicated compliance function, ensuring that the AML/CTF and Sanctions controls are properly implemented and effective.
The Deputy AMLRO and Sanctions Officer will report directly to the AMLRO of Cyclops EEC Services GmbH, with a strong dotted line to company leadership.
The Deputy AMLRO and Sanctions Officer must be based in Austria, and fluency in English and German is a must.
Key Responsibilities
- Serve as the Deputy Anti-Money Laundering Officer (AMLRO) and Deputy Sanctions Officer.
- Support the AMLRO/Sanctions Officer to ensure full compliance with Austrian AML/CTF and Sanctions laws and regulations.
- Contribute to the development and execution of a comprehensive AML/CFT and sanctions compliance program, specifically tailored to the Austrian and wider European regulatory landscape, including MiCAR requirements.
- Assist in conducting the AML/CTF and Sanctions risk assessment process.
- Monitor and accurately document any unusual activity or potential AML flags.
- Report to the local AMLRO and Sanctions Officer, and assist in the preparation and submission of suspicious activities reports (SARs).
- Establish and maintain strong working relationships with key departments (Legal, Customer Service, Operations, Marketing) to ensure effective operational synergy.
- Demonstrated proficiency in conducting risk assessments, periodic/trigger reviews, and Enhanced Due Diligence (EDD).
- Familiarity with compliance applications and programs (e.g., Sumsub, Jumio, Worldcheck, Chainalysis, Elliptic).
- Strong knowledge of the provisions of local laws, directives, regulations, and standards applicable to subject persons.
- Knowledge of upcoming regulation concerning virtual currency policies is a significant advantage.
Requirements
- Bachelor's degree in Business Administration, Business Law, or a related field.
- 3 - 4 years of experience in a risk, compliance, legal, or regulatory environment.
- Fluency in both English and German (written and spoken).
- CAMS (Certified Anti-Money Laundering Specialist), ICA, or equivalent professional certification is a significant asset
- Deep knowledge of Anti-Money Laundering (AML), Counter Terrorism Financing (CTF), and Sanction laws and regulations.
- Strong understanding of Austrian AML/CTF and Sanctions laws (incl. FM-GwG, SanktG, MiCAR, MiCA-VVG etc.) and the EU Anti-Money Laundering Directives (AMLD4/5/6). MiCA regulatory experience is a strong advantage.
- Demonstrated hands-on experience in building or substantially overhauling AML policies, risk assessments, and compliance programs (not just executing within established frameworks).
- Familiarity with crypto-asset-specific AML typologies, Travel Rule compliance (FATF Recommendation 16, EU Travel Rule), and blockchain analytics tools (e.g., Chainalysis, Elliptic).
- Strong technical communication and interpersonal skills.
- Proven ability to liaise with and influence stakeholders across the organization.
Why This Role
- Build something that matters: You will have genuine ownership over the compliance framework of a new, well-funded entity — a blank canvas, not a bureaucratic inheritance
- Regulatory visibility: You will be a named officer with direct FMA relationships and a seat at the leadership table
- Growth trajectory: This role evolves from individual contributor to compliance team lead as the business scales post-license
- Well-resourced: Cyclops is well-funded and committed to investing properly in compliance — you will have the budget, state-of-the-art tools, and external support to do the job right
- Competitive compensation: Salary and benefits commensurate with function experience in the Austrian market. Starting gross annual salary of at least € 47.298,72 – your individual salary will depend on qualifications and professional experience.
Location
Vienna, Austria. On-site presence is required, preferably already during the FMA licensing phase. Regulatory credibility and availability to the FMA are important considerations for this role. Austrian residency or a firm commitment to relocate to Austria is required.
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About Cyclops
Cyclops is the only crypto and stablecoin infrastructure provider exclusively focused on payments. Historically, crypto and stablecoin payments have been unnecessarily difficult. With Cyclops, the era of delays and complexity is over.
We are serial entrepreneurs. We founded The Giving Block in 2018, sold it to Shift4 (NYSE: FOUR) in 2022, then spent the last 4 years building out the Shift4 crypto team and products. Now, we’re running things back and following a similar playbook. This time we’re more prepared and backed by the best in the industry (Castle Island, Fidelity, and Shift4).
Cyclops Culture
Don’t join Cyclops if you’re looking for a typical 9-5. The culture we’ve built is one of first-principles thinking and relentless execution. We wake up every day excited to deliver great products worthy of the world’s best companies. Everyone who works at Cyclops must have a founder mindset, where no problem is too big to solve.