This International Fintech Electronic Money (EMI) Company in London is looking for a Head of Compliance and MLRO who will play a critical role in shaping their regulatory framework and risk culture. As Head of Compliance and MLRO, you will be responsible for managing and maintaining all aspects of the firm’s Compliance and Financial Crime functions. Your primary remit will be to safeguard the business against fraud, money laundering, internal fraud, security threats, and related reputational ris ks. In parallel, you will ensure the swift and effective detection and reporting of money laundering activi ties, embedding antimoney laundering legislation, regulatory rules, and industry guidance across the organization. This is a hybrid job: 3 days per week working from home and 2 days per week working from the office.
Responsibilities:
- Responsible for anti-money laundering (AML) compliance providing oversight, control, support and coordination for anti-money laundering compliance
- Manage the entire compliance members of the firms both locally in the UK and abroad.
- Manage Financial Crime Prevention function supporting and protecting the business against Fraud and Money Laundering Risk, Internal Fraud, Security and related reputational risk ensuring that the needs of all stakeholders are met
- Maintain relationships with the firm banking partners
- Own all aspects of the Compliance framework
- Responsible for the development, implementation and maintenance of an effective tactical and strategic anti-money laundering program
- Understand and have continuing knowledge of all local AML requirements to ensure that the AML program is consistent with all applicable local laws, regulations and rules and that the AML program is updated, as required, in light of changes to local laws, regulations and rules
- Develop and manage a regular monitoring and reporting process to inform senior management, the audit committee and the board, as necessary and required
- Ensure that all activity and transactions that are identified as potentially suspicious are investigated, reviewed and resolved in accordance with established procedures
- Manage AML Compliance Teams to address issues raised in internal audit reports, selfassessments, compliance reviews or regulator’s examination about AML policy
- To personally manage and where appropriate carry out high profile/sensitive investigations
- Establish and maintain liaison with local/county/regional and international financial industry representatives to proactively identify current fraud trends, criminal activity and the identification of organised criminal groups and influence security best practices
- Liaison with national and international law enforcement entities and liaison with local financial industry representatives to proactively identify fraud trends/criminal activity and organised criminal attacks.
Requirements::
- At least 5 years of experience of working as a Compliance officer and MLRO at an Online Payments Company /Electronic Money Institution in the UK ideally in EEA
- AML / CTF advisory experience and good working knowledge of SARs regime
- Working knowledge of the legal and regulatory obligations for UK; including MLRs PSRs and EMRs
- Excellent communication skills both written and verbal
- Credible stakeholder engagement skills to align with our organisational values and behaviours
- Strong leadership skills
- Located in London
To apply:
Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Head of Compliance and MLRO – London (hybrid) with reference number 3564.
Or you can apply directly through your candidate login by hitting the APPLY button.
