At a Glance
- Tasks: Support the MLRO in enhancing AML and CTF frameworks while investigating suspicious activities.
- Company: Rapidly growing fintech business in the payments and e-money sector.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Fast-paced environment with opportunities for coaching and development.
- Why this job: Join a mission-driven team to safeguard financial integrity and combat financial crime.
- Qualifications: 5-7 years in Compliance or Financial Crime, with strong knowledge of UK and EU regulations.
The predicted salary is between 60000 - 75000 £ per year.
An exciting opportunity has arisen for an experienced Deputy MLRO to join a rapidly growing and innovative fintech business operating within the payments and e-money sector. This role offers the opportunity to work closely with the MLRO in maintaining and enhancing the firm's Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) framework, supporting regulatory compliance and helping to safeguard the integrity of the business.
Key Responsibilities
- Support the MLRO in conducting risk assessments and monitoring financial crime risks.
- Keep abreast of developments in AML and CTF regulations and ensure policies and procedures remain up to date.
- Investigate and escalate suspicious activity, ensuring appropriate reporting to relevant authorities.
- Perform customer due diligence (CDD) and enhanced due diligence (EDD) on higher-risk customers and transactions.
- Develop and deliver AML and financial crime training across the business.
- Ensure robust record-keeping and reporting processes are maintained in accordance with regulatory requirements.
- Assist with the preparation of management information and regulatory reporting.
- Contribute to the continuous enhancement of the firm's financial crime framework and controls.
- Provide support across a variety of compliance and financial crime initiatives.
Skills and Experience
- Minimum 5–7 years' experience in a Compliance or Financial Crime role within a Payment Institution or Electronic Money Institution.
- Previous experience as a Deputy MLRO (DMLRO) or demonstrable experience deputising for the MLRO function.
- Strong knowledge of UK and European AML regulations and guidance, including 4MLD, 5MLD, JMLSG and the FCA Handbook.
- In-depth understanding of money laundering and terrorist financing risks within the payments sector.
- Experience developing and implementing compliance monitoring programmes and controls.
- Proven ability to interpret regulatory requirements and implement practical solutions.
- Previous people management experience, including coaching and developing team members.
- Strong communication and stakeholder management skills.
- Ability to manage multiple priorities and perform effectively in a fast-paced environment.
- Experience working within a high-growth fintech environment.
- Knowledge of payment products and associated operational risks.
- Exposure to regulatory change and transformation projects.
Personal Attributes
- Self-motivated and highly organised.
- Strong analytical and problem-solving skills.
- Resilient and adaptable.
- Collaborative and relationship-focused.
- Comfortable working in a dynamic and evolving business environment.
Anti-Money Laundering Officer in London employer: Harrington Starr
Join a dynamic fintech company that prioritises innovation and growth, offering a collaborative work culture where your contributions directly impact the integrity of financial systems. With a strong focus on employee development, you will have access to training opportunities and the chance to work alongside experienced professionals in the field, all while being part of a rapidly expanding team in the payments and e-money sector.
