At a Glance
- Tasks: Lead AML/CTF compliance and oversee financial crime risk management.
- Company: FCA-registered Small Payment Institution focused on cross-border remittances.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Fast-paced environment with opportunities for growth and influence.
- Why this job: Make a significant impact in the fintech sector while ensuring compliance and security.
- Qualifications: 10+ years in AML/CTF with strong regulatory knowledge and leadership skills.
The predicted salary is between 60000 - 80000 £ per year.
We are an FCA-registered Small Payment Institution (SPI) facilitating cross-border remittances from the UK to African corridors, including Nigeria, Ghana, Senegal, Gambia, and Cameroon. We are seeking an experienced and highly capable MLRO to lead the Firm’s AML/CTF and sanctions compliance framework, acting as the nominated officer under the Money Laundering Regulations 2017 and the Proceeds of Crime Act 2002.
This is a critical leadership role requiring strong independent oversight, regulatory engagement capability, and deep understanding of financial crime risks in cross-border remittance flows. The MLRO will ensure a robust, effective, and scalable financial crime framework aligned with UK regulatory expectations.
Key Responsibilities:
- Lead and maintain a risk-based AML/CTF and sanctions framework aligned with MLRs, POCA, OFSI, JMLSG Guidance, and FCA expectations
- Act as Nominated Officer overseeing SAR processes, internal reporting, and engagement with the NCA
- Oversee transaction monitoring, CDD/EDD, sanctions screening, and ongoing monitoring frameworks
- Serve as primary contact with the FCA and lead regulatory engagements
- Provide governance oversight, board reporting, and support the Three Lines of Defence model
- Manage financial crime risk assessments, policies, and control frameworks
- Oversee outsourced AML/CTF activities and third-party compliance
- Promote compliance culture and deliver AML/CTF training
Requirements:
- Minimum 10 years’ experience in AML/CTF and sanctions within payments, fintech, or e-money institutions
- Strong knowledge of MLRs, POCA, OFSI regime, JMLSG Guidance, and FCA expectations
- Experience with transaction monitoring, SAR processes, NCA engagement, and FCA interaction
- Proven ability to lead AML/CTF frameworks in regulated environments
- Strong understanding of UK-Africa remittance risks
Key Attributes:
Ownership, accountability, attention to detail, and ability to operate in a fast-paced fintech environment with sound judgement.
Regulatory Requirements:
Must meet FCA Fit and Proper requirements and demonstrate independence and seniority.
Money Laundering Reporting Officer (MLRO) employer: CapitalSage Holdings
As a leading Small Payment Institution facilitating cross-border remittances, we pride ourselves on fostering a dynamic and inclusive work culture that values integrity and compliance. Our employees benefit from competitive compensation, ongoing professional development opportunities, and the chance to make a meaningful impact in the financial crime prevention landscape. Join us in our London office, where you will be at the forefront of regulatory engagement and innovation in the fintech sector.
StudySmarter Expert Advice🤫
We think this is how you could land Money Laundering Reporting Officer (MLRO)
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like CapitalSage Holdings looking for candidates who are engaged and informed.
We think you need these skills to ace Money Laundering Reporting Officer (MLRO)
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at CapitalSage Holdings. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at CapitalSage Holdings
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with CapitalSage Holdings’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
