Head of Compliance and MLRO

2 weeks ago

London, Greater London, United Kingdom The Payment Firm Limited Full time

As The Payment Firm (TPF) moves into its next exciting phase, the business is looking to recruit a confident and dynamic Head of Compliance/MLRO to oversee and manage the businesses regulatory functions and obligations. The company is an authorised eMoney Institution that is live in the market with a range of payment services, serving consumers, merchants and third-party businesses.

The full job description covers all associated skills, previous experience, and any qualifications that applicants are expected to have.

Responsibilities

The role is hybrid, based in the City of London office at least three days per week and offers the opportunity for an experienced compliance professional to join a dynamic and exciting eMoney business. The role provides for a long-term career at the firm with the opportunity for personal growth and development.

The role holder is responsible for the implementation and ongoing development of the Compliance and Financial Crime risk culture including the regulatory and financial crime frameworks, and systems and controls within the business. To oversee all areas of the organisation to ensure that compliance and AML policies and procedures are implemented and followed.

  • The key objective is to provide an integrated approach to managing regulatory, AML and financial crime risks across the entire business.
  • To Advise the CEO and Board on regulatory and financial crime risks and the regulatory and financial crime frameworks.
  • To Act as the Money Laundering Compliance Officer and Money Laundering Reporting Officer.
  • Liaison with the FCA on all regulatory matters and be the primary contact for the regulator.
  • Periodic review of existing frameworks (risk assessments, policies, procedures, monitoring programmes).
  • Undertake compliance monitoring (where conflicts permit) and maintain TPFs Compliance Monitoring Programme.
  • Ensure effective MI on regulatory and financial crime risks is provided to the CEO and board.
  • Promote a culture of compliance with internal policies, procedures and regulatory requirements at TPF through the provision of training and other activities.
  • Work with industry UK Compliance and Financial Crime Compliance teams to ensure effective collaboration and alignment to global standards.
  • Regulatory and financial crime risk representative on the industry trade bodies.
  • Advise on the regulatory and financial crime risks in relation to projects.
  • Monitor UK regulatory developments as they relate to TPF and advise on and help implement change as required.
  • Complete regulatory reporting to the FCA, and produce reports as required for the TPFs Board
  • Monitor cross-border risk and advise the TPF team as necessary.
  • Ability to lead, manage, mentor and train junior colleagues.
  • Review the provision of outsourced services where those are undertaken by the third parties.

Qualifications

  • A thorough understanding of the UK Financial Conduct Authority regulations applicable to eMoney (essential) and anti-money laundering (essential).
  • Experience of acting as a Money Laundering Compliance Officer, Money Laundering Reporting Officer and/or Compliance Officer.
  • Experience of providing regulatory advice and/or conducting Compliance monitoring.
  • Strong technical knowledge and expertise in the financial services regulations applicable to eMoney services.
  • Ability to understand, interpret rules and regulations and to clearly and succinctly articulate their impact in the context of the business environment.
  • Leadership and mentoring experience in managing a growing a team.
  • Excellent verbal and written communication skills and ability to converse with all levels across the organisation.
  • Confident in ability to present as required at meetings and events.
  • Ability to write reports and summarise to a level commensurate for exec level consumption.
  • Good technical, analytical and problem-solving skills, strong attention to detail
  • Ability to balance demands such as ensuring monitoring work is completed and kept up to date whilst covering multiple areas of involvement and interacting with senior stakeholders.
  • A self-motivated, quick learner.
  • Demonstrate the highest level of integrity in all matters.
  • Strength of character to be able to represent Compliance as necessary.

All candidates must be eligible for employment in the UK

  • mlro (smf17)

    2 weeks ago

    London, Greater London, United Kingdom Compliance Professionals Full time

    MLRO – Exclusive London £Market RateThe ClientnWe have been retained by a boutique investment bank to identify a MLRO for their London based operation. The bank has a strong reputation in the emerging markets space, offering their clients a range of banking services.nThe ResponsibilitiesnResponsible for the effective and efficient design and execution of...

  • mlro (smf17)

    2 weeks ago

    London, Greater London, United Kingdom Compliance Professionals Full time

    Job DescriptionMLRO – Exclusive London £Market Rate The Client We have been retained by a boutique investment bank to identify a MLRO for their London based operation. The bank has a strong reputation in the emerging markets space, offering their clients a range of banking services.The ResponsibilitiesResponsible for the effective and efficient design and...

  • Head of Compliance and Mlro

    2 weeks ago

    London, Greater London, United Kingdom MW recruitment Full time

    A banking institution in the City wish to recruit a head of compliance/MLRO to oversee compliance within the Bank.Main DutiesResponsibility for overseeing compliance within the bank and ensuring compliance with laws, regulatory requirements, policies, procedures and manualsEnsure that the company complies at all times, with the regulations as laid down by...

  • Mlro - Exclusive Instruction

    2 weeks ago

    London, Greater London, United Kingdom Compliance Professionals Full time

    The ClientWe have been retained by a boutique investment bank to identify a MLRO for their London based operation. The bank has a strong reputation in the emerging markets space, offering their clients a range of banking services.The Responsibilities Responsible for the effective and efficient design and execution of the firms AFC framework Ensuring...

  • Emea Mlro and Head of Compliance

    2 weeks ago

    London, Greater London, United Kingdom Wirex Full time

    We're Wirex and we're not like anyone else. Why? Because we always do things our way, before anyone else does them - like creating the first ever debit card that lets you pay with crypto, making it easier for ordinary people to access DeFi-powered savings and setting up the world's first cryptocurrency rewards scheme.Our vision is a world in which everyone...

  • Head of Compliance

    2 weeks ago

    London, Greater London, United Kingdom Compliance Professionals Full time

    THE COMPANY:Our client is an asset and wealth management specialist. They are looking for a Head of Compliance & MLRO to join the London-based team.This is a great opportunity for someone to step up in to 'Head of' role.THE RESPONSIBILITIES: Continued development and implementation of a comprehensive compliance program, ensuring the business remains...

  • Head of Compliance and Mlro

    2 weeks ago

    London, Greater London, United Kingdom Cledara Full time

    We are looking for an experienced fintech compliance professional to join us as our Head of Compliance and MLRO.Compliance at Cledara is currently run by our founders, both of whom have extensive compliance experience for fintech companies. You will be inheriting the compliance function at a company that has built a culture of compliance from day 1 and that...

  • head of compliance

    2 weeks ago

    London, Greater London, United Kingdom Compliance Recruitment Solutions Full time

    HEAD OF COMPLIANCE - COMMERCIAL BANKING ECOMPLIANCE EXPERIENCE REQUIRED £150K - £175K plus excellent bonus & benefits Hybrid (City of London) Ref:4038G Our client, a leading UK Bank, now seeks a new Head of Compliance. Managing a team, reporting to the CRO and liaising with the separate MLRO, duties will include;Hold the SMF 16 Manage and mentor the team...

  • exclusive: group mlro

    2 weeks ago

    London, Greater London, United Kingdom Compliance Recruitment Solutions Full time

    GROUP MLRO – CARD NETWORK, MONEY REMITTANCE OR FINTECH MLRO EXPERIENCE REQUIRED 100K–£130K + Benefits & Bonus Hybrid (South East England) Based in the UK, you will have oversight for all Global AML & Financial Crime issues & staff. Managing regulatory relationships and interaction, being the main point of contact for all reporting Keeping abreast...

  • Head of Compliance Mlro

    2 weeks ago

    London, Greater London, United Kingdom Manigo Full time

    Manigo is a fast growing fintech business that provides Payments and Cards as a Service.We offer a full white label turnkey solution to enable businesses to easily introduce financial services into their product offering.Manigo is experiencing fast growth from clients across Europe, as the digital transformation in banking and adoption of embedded finance...

  • Mlro

    2 weeks ago

    London, Greater London, United Kingdom Bridge of Hope Full time

    We are seeking a highly skilled and experienced Money Laundering Reporting Officer (MLRO) to join our reputable bank in London. The MLRO will play a pivotal role in ensuring compliance with anti-money laundering (AML) regulations and fostering a culture of integrity within the organisation., Serve as the primary point of contact for all AMLrelated matters...

  • Head of Compliance and MLRO

    2 weeks ago

    London, Greater London, United Kingdom The Payment Firm Limited Full time

    As The Payment Firm (TPF) moves into its next exciting phase, the business is looking to recruit a confident and dynamic Head of Compliance/MLRO to oversee and manage the businesses regulatory functions and obligations. The company is an authorised eMoney Institution that is live in the market with a range of payment services, serving consumers, merchants...

  • Head of Compliance

    2 weeks ago

    London, Greater London, United Kingdom Danebury Associates Full time

    Job Description International payments business is seeking a Head of Compliance and MLRO. This will be a part time role (3 days a week) with the ability to work on a remote basis. Implementation of compliance controls and processes ensuring the organisation meets its regulatory obligations Act as the Money Laundering Reporting Officer and Data Protection...

  • Mlro / Head of Financial Crime

    2 weeks ago

    London, Greater London, United Kingdom eFinancialCareers Full time

    Job Summary London Permanent JN Jan 26, 202 CompetitiveJob Description:Our client, a Global Brokerage, is looking for a MLRO / SMF17 / Head of Financial Crime to join their team in London. Previous experience as a MLRO and SMF17 is preferred.Responsibilities below: Oversee and implement a financial crime framework that includes counter fraud, antibribery and...

  • Head of compliance

    2 weeks ago

    London, Greater London, United Kingdom Adecco Full time

    Head of Compliance and MLRO - City of London Job type: Full-time / 12-month fixed-term contract followed by a permanent role (Full time on-site) Compliance is a pivotal function that ensures products and processes meet regulatory requirements and drive positive customer outcomes. Our client, a leading organisation in the financial sector, is currently...

  • Mlro

    2 weeks ago

    London, Greater London, United Kingdom Fintech Rec Full time

    Key DetailsTitle: Compliance Officer and Money Laundering Reporting Officer (MLRO)Contract Type: Full TimeLocation: Canary WharfFintech-Rec recruit on behalf of some of the most recognized brands within FX, FinTech and Payments.Our client is an FCA Authorised Payment Institution helping UK corporates and individuals manage their currency needs and providing...

  • mlro

    2 weeks ago

    London, Greater London, United Kingdom Storm2 Full time

    MLRO (Money Laundering Reporting Officer)Location: United KingdomCompany Overview:Join a leading player in B2B payments and digital banking platforms We are committed to simplifying payments and pioneering the concept of "regulated fintech" in Europe. As an e-money institution and principal member of industry giants like Mastercard, VISA, SWIFT, and SEPA, we...

  • Compliance Officer

    2 weeks ago

    London, Greater London, United Kingdom Compliance Professionals Full time

    THE COMPANY: Our client is a well regarded corporate bank offering a variety of deposit and lending products, as well as treasury and foreign exchange services. THE RESPONSIBILITIES: Assist in maintaining and promoting a compliance culture appropriate to meet regulatory requirements and in line with industry best practices. Keep abreast of...

  • Deputy Head of Compliance

    2 weeks ago

    London, Greater London, United Kingdom Apollo Solutions Full time £85,000

    Job Description **Deputy Head of Compliance** London - Hybrid - Payments Circa £85k starting base salary + benefits A leading global payments company is looking for a skilled Deputy to the MLRO to join their successful team. As the Deputy Head of Compliance, you'll have the opportunity to work closely with the Head of Compliance and play a vital role in...

  • mlro

    2 weeks ago

    London, Greater London, United Kingdom Storm2 Full time

    MLRO (Money Laundering Reporting Officer)Location: United KingdomCompany Overview:Join a leading player in B2B payments and digital banking platforms We are committed to simplifying payments and pioneering the concept of "regulated fintech" in Europe. As an e-money institution and principal member of industry giants like Mastercard, VISA, SWIFT, and SEPA, we...