Head of Compliance & MLRO (London)

Combining groundbreaking technology and expert financial engineering, Ctrl Alt is a B2B infrastructure solution provider that makes structuring and investing in alternative asset classes efficient, cost-effective, and accessible.

Since launching in 2022, Ctrl Alt has established itself as a leader and expert in the space with over $300m of assets tokenized.

With offices in the UK, Ireland and the UAE, the Ctrl Alt team is composed of financial and product experts including alumni from Morgan Stanley, Credit Suisse, UBS and Revolut. The business is backed by leading VCs including MiddleGame Ventures and Molten.

What's Involved

To support the buildout of its activities within the UK, Ctrl Alt is seeking an organised and experienced Compliance professional who will assume the SMF 16 (Compliance Oversight) and SMF 17 (Money Laundering and Reporting Officer).

As Ctrl Alt’s Compliance Officer, you will help manage the UK authorisation process and its activities within the Bank of England and FCA’s Digital Securities Sandbox (DSS). You will play a critical role in designing and implementing the compliance framework for Ctrl Alt’s alternative assets business. Reporting directly to the CEO of the UK entity, the execution of the day-to-day SMF responsibilities, and working closely with the C-suite, you will be responsible for driving the compliance culture, overseeing regulatory obligations, and ensuring adherence to applicable legislation and group policies.

Duties will include, but not be limited to:

• DSS Activities: Leading Ctrl Alt through the application process of Gate 2 to enable the firm to test tokenization structures within the Sandbox;
• FCA Authorisation: Leading Ctrl Alt’s MiFID authorisation process by being the primary contact for the FCA and where required, outside counsel. You will be responsible for engaging relevant stakeholders through the FCA authorisation process, preparing the required application and associated policies, procedures and other required documents; and responding to follow-up questions from the FCA;
• AML Framework: Build, implement and manage Ctrl Alt’s AML program and partnering with the business to ensure compliance efforts are integrated;
• Regulator Interactions: Manage Ctrl Alt’s regulatory reporting obligations with the FCA;
• AML/CTF: Ensure that all Know Your Customer, Anti-Money Laundering and Counter Terrorist Financing requirements are met and that reasonably designed counterparty onboarding programs are in place;
• Policy Development and Training: Develop and maintain policies and procedures compliant with UK regulatory standards Design and deliver ongoing training to Ctrl Alt’s staff;
• Management Reporting: Prepare and deliver periodic reporting to management and Ctrl Alt’s Board of Directors;
• Monitoring / Testing: Overseeing and direct monitoring and testing of policies and processes to ensure regulatory standards are being met;
• Risk Management: Manage the business continuity framework to ensure operational resilience; and
• Provide oversight of onboarding third parties and ensure regulatory reporting requirements to the FCA are met. Manage other conduct and compliance risks.

Requirements

Must Haves

• 5 – 7 years working in a regulated firm in a senior Compliance role or MLRO role; MiFID experience is considered an advantage;
• Significant experience in all aspects of UK compliance standards, AML/CTF/ FS including customer onboarding, KYC refresh, customer risk assessments, business wide risk assessments, screening, transaction monitoring, suspicious transaction reporting etc;
• An understanding of the UK AML/CFT/FS regulatory landscape;
• Prior experience engaging with the FCA and/ or the Bank of England;
• Good knowledge and understanding of UK AML/CTF/FS requirements;
• Excellent written and verbal communications skills;
• Has the ability to operate with a limited level of direct supervision;
• Able to demonstrate the ability to lead a compliance function and be a force for good within the firm's culture;
• Able to adapt to the demands of a fast paced innovative firm and being comfortable with dealing with new technical areas

Nice to Haves

• Previous experience as an approved SMF
• Familiarity with global regulatory frameworks
• Competitive salary depending on experience
• Generous stock options
• Private office in Central London, UK
• IT Equipment – we'll provide you whatever you need to support your work (MacBook, display, accessories, etc)
• Annual £500 learning and development budget for every employee to spend on books, training courses, exams, or anything else which helps you progress at work
• Flexibility of work hours (including remote working) and holidays – if you need a break, take it! We care about what you deliver, not how

How to Apply

Simply hit apply below, where you will be redirected to a form to fill out all relevant details. You will be asked to upload a CV and Cover Letter.

Interview Process:

• Stage 1: Initial interview
• Stage 2: Technical Interview
• Stage 3: Cultural interview with the CEO

‘Growing demand for alternative assets will add more than $8 trillion to assets under management in the next five years, to a total $24.5 trillion’

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