Head of Compliance and MLRO
2 months ago
Purpose
Responsible for providing and managing a high-quality compliance framework as well as managing a small in-house team. Acting as the firm’s Money Laundering Reporting Officer (MLRO) and holding SMF17.
Examples of Key Activities
Compliance Oversight
- Serve as the primary point of contact for regulatory inquiries and examinations.
- Keep abreast of regulatory developments and communicate changes to relevant stakeholders.
- Coordinate responses to regulatory inquiries and manage relationships with regulatory bodies.
AML Compliance
- Serve as the primary point of contact for regulatory inquiries and examinations.
- Keep abreast of regulatory developments and communicate changes to relevant stakeholders.
- Coordinate responses to regulatory inquiries and manage relationships with regulatory bodies.
Regulatory Liaison
- Serve as the primary point of contact for regulatory inquiries and examinations.
- Keep abreast of regulatory developments and communicate changes to relevant stakeholders.
- Coordinate responses to regulatory inquiries and manage relationships with regulatory bodies.
Training and Awareness
- Provide training and education to employees on compliance and AML requirements.
- Foster a culture of compliance awareness throughout the organization.
- Develop and deliver regular compliance training sessions to ensure staff understanding and adherence to policies.
Risk Management
- Identify and assess compliance and AML risks associated with business activities.
- Develop strategies to mitigate compliance and AML risks effectively.
- Monitor industry trends and emerging risks to proactively address potential issues.
Job Role Accountabilities
- Act as the MLRO and hold the FCA SMF17.
- Implement robust AML measures to prevent and detect money laundering activities, safeguarding the integrity of the organisation.
- Ensure that the company operates in compliance with all relevant regulations and laws, minimizing regulatory risks and potential financial penalties.
- Serve as a trusted advisor to senior management on compliance and AML matters, providing strategic guidance and recommendations.
- Maintain a strong working relationship with regulatory authorities, demonstrating transparency and cooperation in all interactions.
Functional Structure and Key Relationships
Direct Reports
- Compliance Monitoring Lead
- Senior Financial Crime Lead (Deputy MLRO)
Key Relationships
Job Title Relationship
Chief Risk Officer Alignment of Risk and Compliance Frameworks and regulatory development
monitoring and implementation
Boards and Committees Role
Risk and Credit Committee Member
Customer Outcomes Committee Chair
Corporate Accountabilities
- Always act within all FCA Regulations with integrity and ensure all customers are treated fairly.
- Complete all mandatory training as and when required.
- Always ensure adherence to all Firm policies and procedures.
Qualification, Skills, Knowledge and Experience
Qualifications
Essential
Degree in relevant finance or legal
Discipline
Professional qualification in finance or legal
Desirable
CeMap
Member of the CISI or industry equivalent
Skills and Knowledge
- Extensive experience (minimum 7 years) in compliance and AML roles within the financial services industry, preferably within a mortgage lending or banking environment.
- Strong knowledge of UK regulatory requirements, including FCA regulations and AML legislation (e.g. Money Laundering Regulations 2017).
- Proven experience in developing and implementing compliance policies and procedures, as well as conducting compliance audits and risk assessments.
- Excellent communication and interpersonal skills, with the ability to effectively engage with stakeholders at all levels of the organisation.
- Analytical mindset with the ability to identify compliance and AML risks and develop appropriate risk mitigation strategies.
- Demonstrated leadership skills, including the ability to lead and motivate a team of compliance professionals.
- Sound judgment and integrity, with a commitment to upholding ethical standards and promoting a culture of compliance within the organisation.
- Able to demonstrate a creative, innovative and collaborative approach
Experience
- Broad experience gained from working in a regulated mortgage environment
- Strong experience and understanding around handling data
We have other current jobs related to this field that you can find below
-
Head Of Compliance MLRO
4 weeks ago
United Kingdom Deerfoot I.T. Resources Ltd Full time €90,000 - €120,000Do you have compliance experience, and are you seeking a new job in Sittingbourne Kent? Deerfoot IT Recruitment is looking for a Head of Compliance MLRO (SMF 16/SMF17), and the role comes with an excellent salary GBP90k-GBP120k and benefits package. As a Head of Compliance MLRO, you will develop, implement and maintain our compliance framework, policies...
-
Head Of Compliance MLRO
4 weeks ago
United Kingdom Careeraddict Full time €90,000 - €120,000Do you have compliance experience, and are you seeking a new job in London Mayfair? Deerfoot IT Recruitment is looking for a Head of Compliance MLRO (SMF 16/SMF17), and the role comes with an excellent salary £90k-£120k and benefits package. As a Head of Compliance MLRO, you will develop, implement and maintain our compliance framework, policies and...
-
Head Of Compliance MLRO
4 weeks ago
United Kingdom Careeraddict Full time €90,000 - €120,000Do you have compliance experience, and are you seeking a new job in London Mayfair? Deerfoot IT Recruitment is looking for a Head of Compliance MLRO (SMF 16/SMF17), and the role comes with an excellent salary £90k-£120k and benefits package. As a Head of Compliance MLRO, you will develop, implement and maintain our compliance framework, policies and...
-
Head Of Compliance MLRO
4 weeks ago
United Kingdom Deerfoot I.T. Resources Ltd Full timeDo you have compliance experience, and are you seeking a new job in Sittingbourne Kent? Deerfoot IT Recruitment is looking for a Head of Compliance MLRO (SMF 16/SMF17), and the role comes with an excellent salary GBP90k-GBP120k and benefits package. As a Head of Compliance MLRO, you will develop, implement and maintain our compliance framework, policies...
-
Head Of Compliance MLRO
4 weeks ago
United Kingdom Deerfoot I.T. Resources Ltd Full time €90,000 - €120,000Do you have compliance experience, and are you seeking a new job in Sittingbourne Kent? Deerfoot IT Recruitment is looking for a Head of Compliance MLRO (SMF 16/SMF17), and the role comes with an excellent salary GBP90k-GBP120k and benefits package. As a Head of Compliance MLRO, you will develop, implement and maintain our compliance framework, policies...
-
Quality Compliance Administrator
3 months ago
United Kingdom Compliance Professionals Full timeOur client is a well regarded corporate bank offering a variety of deposit and lending products, as well as treasury and foreign exchange services. Assist in maintaining and promoting a compliance culture appropriate to meet regulatory requirements and in line with industry best practices. Keep abreast of developments in relevant laws, regulations and...
-
Deputy MLRO
3 weeks ago
United Kingdom BoyleSports Full timeWho We Are: BoyleSports is the largest and most successful independently owned bookmaker on the island of Ireland. Founded in 1989 by John Boyle, the business has grown to over 370 shops in Ireland and the UK, coupled now with a comprehensive online portfolio for betting and gaming. BoyleSports HQ in the Republic of Ireland is located on the outskirts of...
-
Deputy MLRO
3 weeks ago
United Kingdom BoyleSports Full timeWho We Are:BoyleSports is the largest and most successful independently owned bookmaker on the island of Ireland. Founded in 1989 by John Boyle, the business has grown to over 370 shops in Ireland and the UK, coupled now with a comprehensive online portfolio for betting and gaming.BoyleSports HQ in the Republic of Ireland is located on the outskirts of...
-
Deputy MLRO
3 weeks ago
United Kingdom BoyleSports Full timeWho We Are: BoyleSports is the largest and most successful independently owned bookmaker on the island of Ireland. Founded in 1989 by John Boyle, the business has grown to over 370 shops in Ireland and the UK, coupled now with a comprehensive online portfolio for betting and gaming. BoyleSports HQ in the Republic of Ireland is located on the outskirts of...
-
Deputy MLRO
3 weeks ago
United Kingdom BoyleSports Full timeWho We Are: BoyleSports is the largest and most successful independently owned bookmaker on the island of Ireland. Founded in 1989 by John Boyle, the business has grown to over 370 shops in Ireland and the UK, coupled now with a comprehensive online portfolio for betting and gaming. BoyleSports HQ in the Republic of Ireland is located on the outskirts of...
-
Deputy MLRO
3 weeks ago
United Kingdom BoyleSports Full timeWho We Are:BoyleSports is the largest and most successful independently owned bookmaker on the island of Ireland. Founded in 1989 by John Boyle, the business has grown to over 370 shops in Ireland and the UK, coupled now with a comprehensive online portfolio for betting and gaming.BoyleSports HQ in the Republic of Ireland is located on the outskirts of...
-
Compliance Technical Specialist
2 months ago
United Kingdom Compliance Professionals Full timeTHE COMPANY: Our client is a global investment management firm, offering robust pension solutions for academic professionals. With a commitment to financial security, their comprehensive plans and transparent approach make them a reliable choice. THE RESPONSIBILITIES: Managing and reporting on regulatory projects, including advising on and supporting the...
-
Deputy MLRO
3 weeks ago
United Kingdom BoyleSports Full timeFounded in 1989 by John Boyle, the business has grown to over 370 shops in Ireland and the UK, coupled now with a comprehensive online portfolio for betting and gaming. With offices in Ireland, Gibraltar, South Africa and the Philippines, BoyleSports truly are a Global player within the Betting and Gaming industry. Compliance and Risk Location:...
-
Deputy MLRO
3 weeks ago
United Kingdom BoyleSports Full timeFounded in 1989 by John Boyle, the business has grown to over 370 shops in Ireland and the UK, coupled now with a comprehensive online portfolio for betting and gaming. With offices in Ireland, Gibraltar, South Africa and the Philippines, BoyleSports truly are a Global player within the Betting and Gaming industry. Compliance and Risk Location:...
-
Compliance Lawyer
1 month ago
United Kingdom AJ FOX COMPLIANCE Full timeAre you a qualified lawyer with a passion for compliance? Do you have experience gained at an international law firm? We have a fantastic opportunity with a leading international US law firm who are looking for an experienced Compliance Lawyer to join their London office. In this role, you will report to the Senior Compliance Council and advise on a broad...
-
Compliance Lawyer
1 month ago
United Kingdom AJ FOX COMPLIANCE Full timeAre you a qualified lawyer with a passion for compliance? Do you have experience gained at an international law firm? We have a fantastic opportunity with a leading international US law firm who are looking for an experienced Compliance Lawyer to join their London office. In this role, you will report to the Senior Compliance Council and advise on a broad...
-
MLRO Part-Time Payments
1 month ago
United Kingdom twenty84 Full time €95,000 - €105,000Are you an experienced MLRO looking for a flexible, part-time role with the convenience of working remotely? Our client, a money remittance company, is seeking a talented individual to join their team for two days per week to help them achieve their EMI license and build a robust compliance and AML framework. Key Responsibilities: Collaborate closely with...
-
MLRO Part-Time Payments
3 weeks ago
United Kingdom twenty84 Full timeAre you an experienced MLRO looking for a flexible, part-time role with the convenience of working remotely? Our client, a money remittance company, is seeking a talented individual to join their team for two days per week to help them achieve their EMI license and build a robust compliance and AML framework.Key Responsibilities:Collaborate closely with the...
-
MLRO Part-Time Payments
1 month ago
United Kingdom twenty84 Full time €95,000 - €105,000Are you an experienced MLRO looking for a flexible, part-time role with the convenience of working remotely? Our client, a money remittance company, is seeking a talented individual to join their team for two days per week to help them achieve their EMI license and build a robust compliance and AML framework. Key Responsibilities: Collaborate closely with...
-
MLRO Part-Time Payments
3 weeks ago
United Kingdom twenty84 Full timeAre you an experienced MLRO looking for a flexible, part-time role with the convenience of working remotely? Our client, a money remittance company, is seeking a talented individual to join their team for two days per week to help them achieve their EMI license and build a robust compliance and AML framework. Key Responsibilities: Collaborate closely with...
