Head of Financial Crime

3 months ago

London, United Kingdom PayPal Full time

**At PayPal (NASDAQ**: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.

**Job Description Summary**: The UK Head of Financial Crime/MLRO will be based in the UK and will be accountable for ensuring all activity, conducted within PPUK, or globally on behalf of PPUK, related to anti-money laundering and the prevention of terrorist funding is compliant with UK expectations or ensure that any non-compliance is addressed or escalated to the Audit, Risk, Compliance & Conduct Committee (ARCC) and/or PPUK Board where required. The PPUK Board and Senior Management will ensure that the UK Head of Financial Crime/MLRO has the necessary authority and status, is fully independent, with access to resources and information sufficient to enable them to carry out their responsibilities. The UK Head of Financial Crime/MLRO will assume the PPUK Money Laundering Reporting Function (SMF 17) and Nominated Officer responsibilities. As a member of PPUK’s second of defence Risk and Compliance teams will report directly into the second line of defence Chief Risk & Compliance Officer (CRCO) with the ability to escalate any Financial Crime (AML, Sanctions and Anti-Bribery and Corruption) to the PPUK ARCC and PPUK Board.

Accountable for effective oversight, control, and management of PPUK policies, procedures and practices relating to UK AML and CTF issues, to include providing guidance, assistance, and challenge on PPUK’s policies, procedures and practices including those executed on behalf of PPUK by global teams and third parties that support PPUK execute its regulatory obligations.

Work closely with colleagues based across the globe and relevant third parties to ensure that PayPal’s Financial Crime related controls are designed and operating as per UK regulatory requirements.

Support and coordinate management focus on the money laundering and CTF risk in individual business areas in PPUK.

Assist management in developing and maintaining an effective AML and CTF compliance culture for PPUK.

Prepare the annual MLRO report in collaboration with the global PayPal business, using findings and lessons learned from 1st,2nd 3-line assurance reviews, internal business changes and external changes to the business environment to develop a UK picture of Financial Crime risks, issues and controls across PayPal that impact PPUK.

In consultation with management and 1st line colleagues from across PayPal create and maintain the money laundering risk-based approach and the risk assessment of PPUKs customers, products, and services.

Establish and maintain appropriate Financial Crime risk-based monitoring processes proportionate to PPUKs operations, scale, nature, and complexity.

Document PPUKs Financial Crime risk-based strategies and the basis for risk assessment and monitoring.

Ensure immediate investigation of all internal SARs received by PayPal’s Global Financial Crime and Consumer Protection (GFCCP) team.

Ensure the submission of a SAR by PayPal’s Global Financial Crime and Consumer Protection (GFCCP) team to the relevant UK law enforcement agency (National Crime Agency) regarding all suspicions that have substance as required pursuant to PPUK.

Monitor and encourage staff compliance with the PPUK AML & CTF policies and monitor operations and development of the policy. Ensuring that any issues of concern are escalated to ARCC.

Provide management information and regular updated to ARCC and the PPUK Board as necessary, including an annual report each year to PPUKs Board and senior management on PPUKs compliance with its obligations.

Function as a primary point of contact for UK regulators, and in any other third-party enquiries on PPUK’s AML and CTF approach.

Ensure that all relevant staff are adequately trained in money AML and CTF prevention, that the standards and scope of the training are appropriate and that appropriate training records are kept.

Remain aware of any relevant sanctions, prohibitions, and notices. Also ensure that GFCCP management and relevant staff ensure the names of any individuals and institutions on the UK sanctions list are screened in a timely manner.

Provide sign-off on behalf of PPUK where required, to include the new product development approval and launch process for UK products; for marketing materials relating to UK products and for other policies; and for other relevant policies, procedures and practices which relate to, or impact on, PPUK.

Accountable as the UK Head of Financial Crime/MLRO & Financial Crime advisor to the PPUK Board and Senior Management.

Assist and guide the CEO and CRCO on SMCR Financial Crime related responsibilities.

Represent the interests of the PPUK, from an AML & CTF perspective, at

  • Financial Crime Expert

    4 months ago

    London, United Kingdom Financial Conduct Authority Full time

    We are currently recruiting a Financial Crime Expert for our Supervision Teams in Financial Crime Market Interventions About Us Fighting financial crime is a key FCA public commitment. Financial Crime Market Interventions (Financial Crime MI) provides the dedicated specialist resource and expertise to help the FCA meet its financial crime responsibilities,...

  • Head of Financial Crime

    2 months ago

    London,, UK, United Kingdom IDEX Consulting Ltd Full time

    Head of Financial Crime – US Law FirmIDEX Consulting is partnering with a prestigious global law firm in search of a highly skilled Financial Crime Lawyer to join their London Office as the Head of Financial Crime. This role involves providing expert advice and support on all aspects of financial crime regulations, including AML and sanctions, to the...

  • Head of Financial Crime

    4 weeks ago

    London, United Kingdom IDEX Consulting Ltd Full time

    Head of Financial Crime – US Law FirmIDEX Consulting is partnering with a prestigious global law firm in search of a highly skilled Financial Crime Lawyer to join their London Office as the Head of Financial Crime. This role involves providing expert advice and support on all aspects of financial crime regulations, including AML and sanctions, to the...

  • Head of Financial Crime

    2 months ago

    London, United Kingdom IDEX Consulting Ltd Full time

    Head of Financial Crime – US Law FirmIDEX Consulting is partnering with a prestigious global law firm in search of a highly skilled Financial Crime Lawyer to join their London Office as the Head of Financial Crime. This role involves providing expert advice and support on all aspects of financial crime regulations, including AML and sanctions, to the...

  • Head of Financial Crime

    2 weeks ago

    London, United Kingdom Apollo Solutions Full time

    An international and ever-growing Money Transfer service is in search of a Head of Financial Crime and MLRO. Reporting to the board of directors and senior management and managing a small team, the ideal candidate can expect strong autonomy and flexibility. You will be responsible for being the face of financial crime-related matters in terms of the...

  • Head of Financial Crime

    2 weeks ago

    London, United Kingdom Apollo Solutions Full time

    An international and ever-growing Money Transfer service is in search of a Head of Financial Crime and MLRO. Reporting to the board of directors and senior management and managing a small team, the ideal candidate can expect strong autonomy and flexibility.You will be responsible for being the face of financial crime-related matters in terms of the...

  • Head of Sanctions and Financial Crime

    3 weeks ago

    London, United Kingdom Avencia Consulting Services Full time

    About usAvencia Consulting are partnered with a leading Bespoke & Specialty Reinsurer based in the City, who are looking to hire a Head of Sanctions & Financial Crime to join their London team. The roleWe are seeking an experienced Head of Sanctions and Financial Crime to lead on all aspects of financial crime with the emphasis on sanctions. We are seeking a...

  • Head of Financial Crime

    2 months ago

    London, United Kingdom Tokio Marine HCC Full time

    Job Title: Head of Financial Crime Location: Aldgate, London Direct Reports: 3 Position Type: Permanent, 35 hours per week Hybrid: 3 days in the office, 2 days working from home Overview: Why Tokio Marine HCC? Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep...

  • Head of Sanctions and Financial Crime

    3 days ago

    London, United Kingdom Avencia Consulting Full time

    About us Avencia Consulting are partnered with a leading Bespoke & Specialty Reinsurer based in the City, who are looking to hire a Head of Sanctions & Financial Crime to join their London team. The role We are seeking an experienced Head of Sanctions and Financial Crime to lead on all aspects of financial crime with the emphasis on sanctions. We are...

  • Financial Crime Advisory

    3 months ago

    London, United Kingdom BRUIN Financial Full time

    Permanent - London, **Ref**: 35202 **Job title - Financial Crime Advisory** **The role** - Manage Sanctions escalations. - Conduct risk assessments on transactions. - Driving the effective resolution of all EMEA Sanction issues. - Provide training and development. - Provide updates on regulatory developments. **Skill and experience** - Excellent...

  • Head of Financial Crime

    2 weeks ago

    Greater London, United Kingdom Apollo Solutions Full time

    An international and ever-growing Money Transfer service is in search of a Head of Financial Crime and MLRO. Reporting to the board of directors and senior management and managing a small team, the ideal candidate can expect strong autonomy and flexibility.You will be responsible for being the face of financial crime-related matters in terms of the...

  • Head of Financial Crime

    4 weeks ago

    Greater London, United Kingdom Apollo Solutions Full time

    An international and ever-growing Money Transfer service is in search of a Head of Financial Crime and MLRO. Reporting to the board of directors and senior management and managing a small team, the ideal candidate can expect strong autonomy and flexibility.You will be responsible for being the face of financial crime-related matters in terms of the...

  • Head of Financial Crime

    2 weeks ago

    Greater London, United Kingdom Apollo Solutions Full time

    An international and ever-growing Money Transfer service is in search of a Head of Financial Crime and MLRO. Reporting to the board of directors and senior management and managing a small team, the ideal candidate can expect strong autonomy and flexibility.You will be responsible for being the face of financial crime-related matters in terms of the...

  • Head of Financial Crime

    2 weeks ago

    London, UK, UK, United Kingdom Apollo Solutions Full time

    An international and ever-growing Money Transfer service is in search of a Head of Financial Crime and MLRO. Reporting to the board of directors and senior management and managing a small team, the ideal candidate can expect strong autonomy and flexibility.You will be responsible for being the face of financial crime-related matters in terms of the...

  • Head of Financial Crime

    3 months ago

    London, United Kingdom bakermckenzieuk Full time

    **Role Purpose** To provide specialist advice and support to the London Office of Baker McKenzie (the "Firm") (MLCO, MLRO, Partners, lawyers, and business services professionals) on all aspects of financial crime regulations, including AML and Sanctions advice. We are looking for applicants who are either currently engaged as a Financial Crime lawyer, Head...

  • Mlro + Head of Financial Crime

    3 months ago

    London, United Kingdom Oliver James Associates Full time

    A successful Financial Services business based in Canary Wharf is looking to bring in a new MLRO and Head of Financial Crime. This is an opportunity to lead the Financial Crime team, and gain exposure to a range of products and strategies across the globe! **Key responsibilities**: - Manage financial crime risks. Identify, develop, and implement policies...

  • Head of Financial Crime

    2 months ago

    London, Greater London, United Kingdom Idex Full time

    IDEX Consulting is partnering with a prestigious global law firm in search of a highly skilled Financial Crime Lawyer to join their London Office as the Head of Financial Crime. This role involves providing expert advice and support on all aspects of financial crime regulations, including AML and sanctions, to the Firm's MLCO, MLRO, Partners, lawyers, and...

  • Head of Financial Crime

    2 months ago

    London, United Kingdom Idex Full time

    IDEX Consulting is partnering with a prestigious global law firm in search of a highly skilled Financial Crime Lawyer to join their London Office as the Head of Financial Crime. This role involves providing expert advice and support on all aspects of financial crime regulations, including AML and sanctions, to the Firm's MLCO, MLRO, Partners, lawyers, and...

  • Head of Financial Crime

    3 months ago

    London, United Kingdom OpenPayd Full time

    **Who are we?** *** - OpenPayd is a leading global payments and banking-as-a-service platform for the digital economy. Through its API-driven technology, businesses can embed financial services into their products and create the seamless user experiences needed to drive business growth. - OpenPayd’s platform removes the need to contract with multiple...

  • Head of Financial Crime Strategy

    2 weeks ago

    London, Greater London, United Kingdom Herbert Smith Freehills Full time

    About Herbert Smith Freehills As a premier global law firm, we provide counsel to many of the largest and most ambitious organizations across all major regions of the world. With a workforce exceeding 5,000, including 3,100 attorneys and over 2,000 business services professionals, operating from our extensive network of offices throughout Asia Pacific,...