To provide senior compliance and regulatory oversight of the management company and its managed funds, safeguard adherence to AML/CFT requirements of the AIFC and the Republic of Kazakhstan, and ensure sound regulatory judgment across governance, risk control, and regulatory interactions.
The Compliance Officer and MLRO is responsible for regulatory interpretation, AML/CFT compliance, and identification and mitigation of regulatory, reputational, and criminal risks. The role acts as the official point of contact with AFSA and the Financial Monitoring Agency of the Republic of Kazakhstan (FIU) and does not assume responsibility for investment decision-making, portfolio construction, or operational management functions.
Responsibilities:
Ensure full compliance of the company’s activities with the AIFC regulatory framework and applicable AFSA requirements, including the development, implementation, and regular updating of internal policies and procedures.
Establish and maintain a comprehensive AML/CFT and sanctions compliance framework based on a risk-based approach, including the organization of KYC/CDD/EDD processes, transaction monitoring, and sanctions screening.
Prepare and submit regulatory reporting, including SAR/TTR and other mandatory notifications.
Develop and maintain the Business Risk Assessment and Compliance Monitoring Plan.
Prepare analytical and regulatory reports for the Investment Committee and the Board of Directors.
Conduct internal reviews, identify regulatory risks, and oversee remediation of identified breaches.
Liaise with regulators, external auditors, and consultants.
Organize and deliver employee training on AML/CFT and compliance risks.
Requirements:
Higher education in finance, law, economics, or international law.
At least 5 years of experience in AML/CFT or Compliance within an investment firm or asset management company.
Strong knowledge of the AIFC regulatory framework and international sanctions regimes.
Practical experience in designing and implementing a risk-based compliance model.
Proven experience interacting with regulators and undergoing regulatory inspections.
Professional certifications (CAMS, ICA, CCEP, CFE) will be considered an advantage.
English proficiency at Upper-Intermediate level or higher.
High level of independence, analytical thinking, and managerial maturity.
Willingness to undergo AFSA interview (and testing with the Financial Monitoring Agency).
About Us
Qazaqstan Venture Group (QVG) is a managing company based at the AIFC, Kazakhstan. QVG is the General Partner of Alem Ventures Fund, a venture capital fund of funds, targeting $1 billion of capital to allocate across top-tier global VC funds and emerging regional managers in Central Asia and the Caucasus. QVG operates at the intersection of public-private capital and global innovation, bringing institutional-grade fund governance, robust deal sourcing, and long-term value creation to venture capital.