At a Glance
- Tasks: Lead compliance efforts to combat financial crime in a dynamic FinTech environment.
- Company: Join a fast-paced FCA regulated scale-up in London.
- Benefits: Competitive salary, career growth, and opportunities for travel within the UK and Europe.
- Other info: Collaborative team culture with opportunities for professional development.
- Why this job: Make a real impact in the fight against financial crime while developing your career.
- Qualifications: 5+ years in FCA compliance, with knowledge of payments and regulations.
The predicted salary is between 60000 - 75000 £ per year.
We seek a proactive Deputy MLRO with hands-on experience, knowledge and exposure within a regulated environment. The ideal candidate will have experience working within the FinTech industry and will play a pivotal role in fighting financial crime for an FCA regulated scale-up. We need a proven team player who can also work well under pressure and to deadlines. To be successful in this role, you will need to have excellent work ethics, be capable of working in a fast-paced environment, be collaborative and be able to pivot/adapt to changes. Your application will be particularly attractive if you possess a relevant Financial Crime related qualification such as the CAMS certification or the ICA Diploma in AML/Financial Crime or are working towards obtaining one.
Reporting to the VP Compliance & Risk/MLRO, the role is London based with potential travel within the UK and occasionally to Europe.
Responsibilities:
- Responsible for the end-to-end cardholder onboarding workflow including KYC due diligence, risk assessment and risk classification, and investigations.
- Ensure Compliance reporting to the FCA is adhered to on time & suspicious activity reports are filed with the NCA.
- Manage the Sanctions/PEP/Adverse Media screening program & the ongoing monitoring of business relationships.
- Monitor payments transactions (Card, Bank, etc) for suspicious activity (Fraud, AML, TF).
- Write and maintain all relevant fraud, risk & compliance related policies.
- Prepare reports for regulatory bodies and the Board in the UK.
- Conduct internal AML training as required.
- Act as the Deputy MLRO & manage a diverse Fraud, Risk & Compliance Team.
- Establishing and maintaining relationships with peers and senior stakeholders of the business.
Requirements:
- Minimum of 5 years in a FCA compliance role at a Payment Institution or E-Money Institution.
- Knowledge of payments, risks and UK/EU regulations (4/5MLD, JMLSG, FCA Handbook SYSC).
- Proven experience in the understanding and interpretation of regulation within the payment industry and the implementation of solutions to address regulatory requirements.
- In-depth experience of monitoring and the ability to develop compliance monitoring programs and techniques.
- Technical and practical expertise in money laundering & terrorist financing regulations.
- Strong oral and written communication skills.
- Be a self-starter and not shy to get your sleeves rolled up.
- Work well under pressure, and manage different tasks at the same time, often meeting tight deadlines.
- Previous people management experience.
Deputy MLRO in City of London employer: fs talent
As a leading FCA regulated FinTech scale-up based in London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our team members benefit from competitive remuneration, comprehensive training opportunities, and the chance to make a significant impact in the fight against financial crime. Join us to be part of a collaborative environment where your contributions are valued and recognised, all while enjoying the vibrant atmosphere of one of the world's most exciting cities.
