UK Deputy MLRO

The RoleAre you a hands-on financial crime expert with a passion for building robust compliance frameworks We are looking for a Financial Crime Manager and Deputy Money Laundering Reporting Officer for BCBs UK business as part of our 2nd Line of Defence Compliance team. This is a critical role created to support our UK business on all facets of our Compliance frameworks covering client onboarding transaction monitoring and regulatory reporting. Working collaboratively with our Financial Crime Operations team and Compliance team globally you will ensure our UK controls and policies are best-in-class as we scale.Reporting to the Head of AML Compliance you will be the firms subject matter expert on all things related to financial crime risk in the UK. You will have specific proven expertise from working in the banking payments e-money or crypto sectors in the UK and handling communications with the FCA. You will own the UK financial crime policies and provide decisive guidance on the most complex cases and directly contribute to the development of our 1st and 2nd Line teams. Your mission is to strike the perfect balance between enabling efficiency and growth and upholding the highest standards of regulatory compliance that define our business.Key ResponsibilitiesPolicy Ownership: Take full ownership of developing writing and maintaining the firms UK policy framework in financial crime including CDD KYC EDD and Transacting Monitoring. Work with the wider financial crime leadership team on the Financial Crime Risk Assessment and Client Risk Assessment. Ensure that new typologies and risks are seamlessly incorporated into these policies and frameworks and collaborate with the 1st Line on the implementation of procedures and transaction monitoring rules.Financial Crime Risk Assessment: Take the lead on conducting comprehensive financial crime risk assessments for the UK business including all new products services and technologies before they are launched. This includes identifying potential money laundering terrorist financing and sanctions risks.Onboarding Expert Advisory & Escalations: Act as first 2nd Line reviewer and approver of UK high risk client onboarding decisions and high risk transactions. Serve as the primary UK escalation point and subject matter expert for the 1st Line teams particularly on high risk customers and alert investigations. Provide risk-based decisions and recommendations on complex corporate structures source of wealth/funds and high-risk client profiles specific to the digital asset industry and results of screening.Regulatory Affairs & Reporting. Provide support to all UK regulatory engagement on financial crime matters and reporting. As Deputy MLRO act as the primary reviewer of SARs prior to NCA submission and support the 1st Line team on SAR preparation. Handle all UK Sanctions escalations and reporting to regulatory authorities. Opportunity to step up to MLRO with proven experience.Quality Assurance and Training: Collaborate with our QC QA and Internal Controls teams to ensure we have in place a fit-for-purpose 2nd Line Quality Assurance framework. Use the results from these reviews to identify control gaps and training needs and to provide targeted feedback and ensure that we remain within our Financial Crime Risk appetites. Support the delivery of targeted training for the 1st Line teams. Your goal will be to uplift their expertise improve the quality of their work and ensure a consistent application of policy. You will also provide direct mentoring to the teams.Compliance Monitoring & Testing and External AML Audits: Support all internal and external initiatives on testing our financial crime controls.Horizon Scanning: Stay ahead of the curve by monitoring new financial crime typologies in the crypto sector and evolving UK regulations. Ensure that our controls are always current effective and compliant.Stakeholder Collaboration: Work closely with the 1st Line leadership Heads of Compliance and the other country MLROs and the wider financial crime leadership team to ensure a cohesive and effective approach to managing risk across the business.Reporting: Develop and deliver clear and insightful Management Information (MI) for senior stakeholders. Your reports will provide a comprehensive view of the health of our controlled environment and key risk indicators.What are we looking forYou will have worked in the FCA-regulated payments e-money crypto or banking sectors in the UK previously where you have gained at least 5 years proven experience in a senior financial crime AML or compliance role covering CDD/EDD Sanctions and Transaction Monitoring and investigations. Expertise in providing 2nd line Compliance advisory support and managing escalations for a frontline team.Prior experience as a Deputy MLRO or MLRO is desirable but not critical for the right candidate who has proven ability to step up. Opportunity for those with DMLRO experience to step up to MLR in time.Demonstrable experience working with and understanding the risks of institutional clients operating in the payments and crypto/digital asset industry (e.g. exchanges funds market makers). Familiarity with blockchain analytics tooling and investigations particularly Chainalysis.Confident in handling an institutional client base sometimes involving complex corporate structures source of wealth and financial crime typologies in the digital asset space as well as screening results.Strong understanding of the UK (and some EU) AML CTF and Sanctions rules and regulations the FCA Handbook and associated guidance applicable to payments and e-money firms as well as regulatory expectations. Additionally you will have experience or familiarity around those rules regulations and expectations in the crypto assets sector and the emerging regulatory landscape.Ability to analyse and synthesise complex information and distill into readily comprehensible and practical advice relevant to the commercial strategic and financial context applying a risk-based approach to development of business solutions and decision-making. Demonstrate a creative and innovative approach by finding different ways to look at problems and design novel solutionsStrong communication and interpersonal skills with the ability to build and maintain effective relationships with internal and external stakeholdersAutonomous pro-active and hands-on with the ability to prioritise and manage own work effectively apply a breadth of technical business product and customer domain knowledge own the outcome and make an impact.Used to working in a diverse international fast-moving business and fast evolving regulatory environment.Strong written and verbal communication skills in English.Relevant Compliance certifications or recognised professional certifications in Compliance.So whats in it for youOur people are constantly striving to be the best through operational excellence. The professional development and learning opportunities create an agile hardworking conscientious and knowledgeable team.The opportunities for personal growth are exponential. You grow as the business grows. The roles and responsibilities are broad and ever-changing and the dynamism of BCB keeps you engaged and highly motivated.At BCB we believe in empowering individuals to create a culture of personal growth together and driving empowerment from the bottom up up-skilling every individual at every level. This means our team has a sense of commonality and belonging driven by a shared belief in our mission. Were passionate about our business our people and providing 360-degree support for success.The chance to operate at the forefront of our industryYou can talk to anyone in the business as there are no barriers and everyone is accessibleYou will be collaborating with teams on a hybrid working arrangementWe value team success where every individual can grow and prosper30 days annual leave each year4 wellbeing days per year to prioritise your mental health1 company volunteering day per yearStrong benefits package including; Private Healthcare Pension Income Protection (long-term absence) Life Insurance Menopause Policy and an enhanced Parental Leave policyAbout BCB GroupBCB Group is a leading provider of regulated payment and trading services in crypto and fiat for the digital asset economy. We provide accounts cryptocurrency and foreign exchange market liquidity for some of the worlds largest crypto-engaged businesses including crypto exchanges liquidity providers market makers investment firms custodians payment processors and wallet providers.Our end-to-end suite of products are accessible through our Client Console UI and API. We offer more than 40 fiat and cryptocurrencies deep trading liquidity 24/7 instant payments through our instant settlements network BLINC and secure crypto services. Our strong focus on compliance matches our technical and business expertise and we are regulated by some of the worlds most respected regulators. Authorised in the UK France and Switzerland we place the utmost importance on our regulatory-first institutional principles.Our leadership team boasts years of relevant high-level experience at globally-renowned institutions. They combine finance law regulatory and technology skills in traditional and crypto financial services with a deep understanding of the new digital asset economy.Our mission is to create the trusted platform to pay store trade and earn fiat and digital assets globally 24/7 Key Skills Aviation Safety,Atl,Business Analytics,Clinical,Brand Employment Type : Full Time Experience: years Vacancy: 1