At a Glance
- Tasks: Support the MLRO in mitigating financial crime risks and ensuring compliance with UK regulations.
- Company: Join B4B Payments, a leading global financial services tech company.
- Benefits: Enjoy 25 days leave, wellness days, pension contributions, and health care plans.
- Other info: Dynamic team culture with opportunities for learning and development.
- Why this job: Make a real impact in financial crime compliance while growing your career.
- Qualifications: Expertise in AML/CTF compliance and experience in regulated environments required.
The predicted salary is between 60000 - 75000 € per year.
B4B Payments is a multi-award-winning, global financial services technology company offering an advanced transaction payments platform and APIs for emerging payments and financial services. Our flexible technology and comprehensive services include embedded finances, payment accounts, FX, rapid payouts, physical and virtual card issuing, and BIN sponsorship.
With over 19 years of expertise in payments, B4B Payments is headquartered in the UK. In Europe, B4B Payments is regulated as an e-money institution (EMI) authorised by the Financial Conduct Authority (FCA) and the Bank of Lithuania and is a Mastercard® Principal Member.
B4B Payments’ US division (B4B Payments USA, Inc.) is based in Boston, MA, and specialises in enabling companies to reduce costs and increase efficiency in managing corporate expenditure and global payouts. B4B Payments Europe and US divisions offer full and partial program management and support, in addition to comprehensive technical, regulatory, and service support to fintechs looking to launch or grow domestically and internationally.
B4B Payments is a Banking Circle Group company. A next-generation financial technology platform for global commerce, Banking Circle Group comprises a rich set of complementary e-commerce solutions. From international cross-border payments, accounts and liquidity management, and embedded finance to business payments & card issuing, B2B Buy Now Pay Later, and account-to-account payment methods, the ecosystem is delivering modern financial solutions to some of the largest and most successful companies around the world, as they accelerate the digitalisation of their customer and supply-chain.
Position Overview:
B4B UK is looking for a DMLRO to join its growing Compliance team. This role will be working alongside the MLRO in a small second-line compliance. In this role, you will be responsible for assisting in the effective mitigation of financial crime risks through the maintenance of adequate systems and controls.
As the Deputy MLRO, you will provide strategic support to the MLRO and be the technical authority for Financial Crime within the Second Line of Defence. Your mission is to provide robust, independent oversight of the 1LoD operational functions, acting as the ultimate point of escalation for complex risks. You will ensure that B4B Payments remains fully compliant with the UK regulatory landscape.
Key Responsibilities
- Act as the primary delegate for the MLRO in all internal and external forums.
- Translate evolving UK regulations into actionable AML/CTF and Sanctions policies and procedures.
- Ensure that the business operates within defined risk parameters while supporting sustainable commercial growth.
- Serve as the final escalation point for high-risk onboarding (EDD), PEPs, and complex corporate structures (UBO identification).
- Support the MLRO in overseeing the internal SAR filing process and ensure that external disclosures to the NCA/relevant FIUs are timely and of high quality.
- Act as a key point of contact for Law Enforcement (Production Orders), Regulators (FCA/Central Banks), and our ecosystem of Partner Banks.
- Assess the robustness of automated screening and monitoring rules, ensuring they are calibrated to B4B’s specific UK risk appetite.
Requirements
- You are an expert in AML/CTF compliance and may be currently working or have worked within the area of financial crime compliance, preferably in a fast-paced environment.
- You have demonstrable experience designing and challenging processes, ideally across multiple products.
- You have experience improving current practices and processes and can apply different compliance strategies to develop compliance frameworks.
- You are an effective communicator in both your writing and speaking. You can convey complex ideas effectively to both internal and external audiences.
- You have worked in a regulated business under an EMI or a banking licence.
What we offer
- 25 days annual leave
- Annual wellness day off
- 5% Employer pension contribution
- Access to one-to-one confidential counselling sessions through our Employee Assistance Programme
- Access to retail & other discounts
- Vitality health care plan
- Access to ‘Nous Finance-a smart way to save money’
- Learning & development support
- Ride-to-work scheme
- Employee assistance programme
- Regular socials and a relaxed working environment
Make a difference: We are always on the lookout for talented individuals to help take us further - it is important to us to hire the right people for roles that work for both us and the individual. All interview processes will assess the following behaviours:
- Ownership & Accountability: We take responsibility for outcomes, not just tasks.
- Drive, Ambition & Initiatives: We move fast, think big, and don't wait to be asked.
- Positive Mindset & Resilience: We solve problems with energy, even when the path isn't clear.
- Collaboration & Trust: We work together openly, with each other, with clients and with partners.
- Customer & Commercial Focus: Every decision starts with the customer and ends with the values delivered.
NOTE: We kindly request that you contact us by submitting your CV, indicating your current location, and confirming your eligibility to work in the United Kingdom. We assure you that our team will promptly respond to your inquiry. Please note that we are not considering inquiries or applications from Agencies. Additionally, we regret to inform you that we are unable to provide visa sponsorships at this time.
Deputy MLRO (UK) in London employer: B4B Payments - A Banking Circle Group Company
B4B Payments is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets compliance in the financial services sector. With a strong focus on employee well-being, we provide generous benefits such as 25 days of annual leave, wellness days, and a comprehensive health care plan, alongside ample opportunities for professional growth and development. Our collaborative culture encourages ownership and accountability, making it a rewarding place for those looking to make a meaningful impact in the world of payments and financial technology.
Contact Detail:
B4B Payments - A Banking Circle Group Company Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Deputy MLRO (UK) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you answer questions confidently and show that you're genuinely interested in joining the team.
✨Tip Number 3
Practice your responses to common interview questions. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you articulate your experiences clearly and effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Deputy MLRO (UK) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Deputy MLRO role. Highlight your experience in AML/CTF compliance and any relevant achievements that showcase your expertise in financial crime compliance.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for B4B Payments. Mention specific experiences that align with the responsibilities of the role and show your enthusiasm for joining our team.
Showcase Your Communication Skills:As an effective communicator, it's crucial to convey complex ideas clearly. Make sure your application reflects this by using concise language and structured formatting. We want to see how you can communicate effectively both in writing and verbally!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our awesome team at B4B Payments!
How to prepare for a job interview at B4B Payments - A Banking Circle Group Company
✨Know Your Regulations
Make sure you brush up on the latest UK AML/CTF regulations and how they apply to B4B Payments. Being able to discuss specific regulations and their implications will show that you're not just familiar with compliance but are also proactive in understanding the landscape.
✨Demonstrate Your Experience
Prepare to share concrete examples from your past roles where you've successfully designed or improved compliance processes. Highlight any experience you have with high-risk onboarding or working with regulators, as this will resonate well with the interviewers.
✨Showcase Your Communication Skills
Since effective communication is key in this role, practice articulating complex ideas clearly and concisely. You might even want to prepare a brief explanation of a challenging compliance issue you've tackled, as this will demonstrate your ability to convey important information to both internal and external stakeholders.
✨Emphasise Collaboration
B4B Payments values teamwork, so be ready to discuss how you've worked collaboratively in previous roles. Share examples of how you've built trust with colleagues or partners, and how you’ve contributed to a positive team environment, especially in high-pressure situations.
