Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our Due Diligence team to manage compliance risks and support business operations.
- Company: Be part of a world-leading fintech company focused on innovative digital payment solutions.
- Benefits: Enjoy flexible work schedules, wellness programs, and a strong work/life balance.
- Why this job: Make a real impact in a diverse, inclusive culture that values individuality and innovation.
- Qualifications: Degree level education or relevant professional qualifications in compliance is preferred.
- Other info: This role is temporary until August 2026 with a negotiable pay rate.
The predicted salary is between 43200 - 72000 £ per year.
Get AI-powered advice on this job and more exclusive features.
- Client: Payments Services
- Duration: 6 months
- Location: London
- Contract type: PAYE inside IR35
- Working structure: Hybrid
Join a diverse team, where your individuality fits right in. We can provide the opportunity to shape the payments experience globally. Together, let’s transform the way the world pays.
What’s it all about?
The purpose of the Compliance Function is to assist senior management to effectively manage designated risks, and to support the business by being an expert trusted advisor, overseeing a robust, integrated, and effective risk control framework. The compliance-risk control framework includes financial crime compliance and regulatory compliance, with focus on AML, CTF, Sanctions & ABC, and on KYC/KYC/B & CDD obligations, including primarily but not limited to:
- Transactional monitoring
- Sanctions screening
- Suspicious activity identification, monitoring and reporting
Day-to-day responsibilities
The UK Diligence Manager reports to the Deputy MLRO. The Diligence Manager sits within the Payments Compliance (PC) management team and is responsible for management and coaching of the diligence team and supporting the Deputy MLRO and PC leadership in oversight and management of the AML and CTF regimes with a focus on Client and Network Partner Diligence.
- Facilitating client & partner diligence; on-boarding and relationship risk management processes, particularly in collection and analysis of due diligence for counterparty verification (KYC/CDD).
- Conducting and/or overseeing compliance reviews and audits including KYC refreshes on counterparties and partners.
- Ensuring clients are within legal and risk parameters and not undertaking Money Laundering or criminal activities.
- Ability to deal with a diverse range of tasks, requiring stakeholder management while meeting deadlines.
- Completing country specific risk assessments.
- Providing diligence subject matter expertise, management, and direction to the broader diligence team and the wider VPC team through regular engagement.
- Ensure effective diligence processes are implemented including regular monitoring and scalability for the future.
- Work with prospective Direct to Account clients, Direct programs and Network Partners, facilitating review and management alongside supporting Diligence SMEs.
- Produce and develop management information on alignment with regulatory and internal policy/risk expectations.
- Ensure group-wide compliance with external legislation and internal policies and procedures.
- Support the resolution of risk and compliance issues raised internally and externally.
- Engage with relevant internal and external stakeholders, including FIUs, law enforcement and regulators.
- Applying primary compliance legislation and regulation, including Money Laundering Regulations 2017 and the Payment Services Regulations.
- Support the Deputy MLRO in broader responsibilities: delivery, maintenance and improvement of the relevant compliance-risk control framework(s), primarily related to Diligence, and alignment with local legislation.
- Supporting business-wide training in financial crime compliance and alignment of AML/CTF and Sanctions processes with global policy where applicable.
Leadership responsibilities
- Support and assist direct reports in identifying, reviewing and escalating diligence risk issues, including potential money laundering, fraud and sanctions issues.
- Allocating work and setting delivery expectations day-to-day and through objective setting in performance reviews.
- Overseeing and ensuring delivery through others; promote the Compliance Vision within the company and across the group regarding our regulated status and compliance framework.
- Exemplify the company’s leadership values within and outside the function.
What we’re after…
Education
- Ideally educated to degree level and/or related professional qualifications (e.g. International Compliance Association Certificates and/or Diplomas)
Experience
- 5+ years’ experience in a related environment (payments/FX, compliance, regulation, enforcement)
- Minimum of three years in financial services
- Specific experience in managing due diligence risk is necessary
- Proven experience assessing risk and identifying mitigation
- Experience in managing, coaching, leading, and developing teams
- Understanding of risk, risk assessment, control frameworks and risk mitigation
Understanding of operations processes and IT systems in payments processes is desirable
Skills
- Self-motivated with a high level of initiative
- Leadership
- Stakeholder management with leadership, direct reports and peers
- Delivery mindset
- Control framework development, delivery and maintenance
- Excellent communication skills, both written and oral
- Accuracy and attention to detail
- Flexible problem-solving attitude
Think you have what it takes?
If you are interested in a career that will challenge and inspire you – we’d love to hear from you!
Diversity & Inclusion
Universal acceptance for everyone, everywhere, is not only our brand promise, it’s the foundation of our company culture. We foster a feeling of connectedness in the workplace, support diversity of thought, culture and background, and actively work to eliminate unconscious biases.
Seniority level: Mid-Senior level
Employment type: Contract
#J-18808-Ljbffr
Compliance Diligence Manager employer: Allegis Global Solutions
Contact Detail:
Allegis Global Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Diligence Manager
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in compliance, particularly in financial crime, AML, and CTF. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the compliance and fintech sectors. Attend industry events or webinars to connect with others who can provide insights into the role and potentially refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed due diligence risks in previous roles. Highlight your experience with risk assessment methodologies and control frameworks to showcase your expertise and problem-solving skills.
✨Tip Number 4
Research our company culture and values thoroughly. Understanding our mission and how we celebrate individuality will help you align your responses during interviews, showing that you're not just a fit for the role but also for our team.
We think you need these skills to ace Compliance Diligence Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Compliance Diligence Manager position. Understand the key responsibilities and required qualifications, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise any specialized experience you have in managing due diligence risk, including specific examples of risk identification and mitigation strategies you've implemented in previous roles.
Showcase Your Qualifications: If you hold relevant professional qualifications, such as ICA Certificates or Diplomas, be sure to mention these prominently in your application. This demonstrates your commitment to the field and enhances your credibility.
Tailor Your Cover Letter: Craft a compelling cover letter that not only outlines your skills and experiences but also reflects your understanding of the company's mission and values. Mention how you can contribute to their goal of creating a secure digital payment network.
How to prepare for a job interview at Allegis Global Solutions
✨Understand the Compliance Landscape
Make sure you have a solid grasp of compliance regulations, especially those related to financial crime, AML, and CTF. Familiarise yourself with the company's compliance framework and be ready to discuss how your experience aligns with their needs.
✨Showcase Your Analytical Skills
As a Compliance Diligence Manager, you'll need to assess risks effectively. Prepare examples from your past work where you've identified risks and implemented successful mitigation strategies. This will demonstrate your analytical capabilities.
✨Emphasise Team Collaboration
The role involves working closely with various teams, so highlight your experience in collaborative environments. Be prepared to discuss how you’ve worked with cross-functional teams to achieve compliance goals and improve processes.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s compliance culture and how they handle challenges in the industry. This shows your genuine interest in the role and helps you gauge if the company is the right fit for you.
