At a Glance
- Tasks: Lead the development of Wise's anti-financial crime strategy and ensure compliance with UK regulations.
- Company: Join Wise, a global tech company revolutionising money management.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Dynamic role with a chance to shape the future of financial services.
- Why this job: Make a real impact in financial crime compliance while working with diverse teams.
- Qualifications: 8+ years in Financial Crime Compliance with strong leadership and communication skills.
The predicted salary is between 80000 - 100000 £ per year.
Wise is a global technology company, building the best way to move and manage the world’s money. Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.
We are looking for an experienced MLRO to join our Compliance team, based in our London office. We’re looking for a customer minded and goal-oriented leader to help us on our way to achieving our mission. As the MLRO, you’ll have a significant opportunity for impact from owning the build and maintenance of AML systems and controls to defining the FinCrime oversight strategy that protects our customers and helps our products scale. You can’t do it alone though, you’ll work holistically with first line teams across Wise and lead on bringing teams together to make it all happen.
What You'll Be Doing
- Oversee, and support the development and maintenance of Wise’s anti-financial crime strategy.
- Responsible for ensuring that FinCrime UK regulatory obligations and expectations are understood and that there are controls in place to comply with these obligations across Wise.
- Independently communicate the health of the financial crime framework to the various UK Boards.
- Development and maintenance of an impactful AML/CTF training programme, that drives positive behavioural change.
- Ensuring all external reporting obligations are met and that reports are investigated, recorded and appropriately submitted.
- Represent Wise, to external auditors, regulators and banking partners globally as needed.
- Ensure that financial crime risks are adequately considered in everything that we do at Wise, such as the development of new products and/or services in the UK.
What You'll Bring
- At least 8 years experience working in Financial Crime Compliance with explicit expertise in the UK financial crime regulatory framework, including the UK’s financial sanctions regime and fraud legislation.
- Growth Mindset - you are passionate about expanding and growing Wise, in a compliant, solutions-driven manner.
- Proven track record of leading and building effective teams with diverse skill sets and broad functional expertise.
- Strong communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders, including teams outside of the compliance function.
- Excellent negotiator with the ability to bring teams and people with diverse ways of thinking together.
Money Laundering Reporting Officer (MLRO) - UK in London employer: Limelight Health
Wise is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets compliance. With a strong focus on employee growth and development, we provide comprehensive training programmes and opportunities to lead impactful projects that shape the future of financial crime compliance. Our collaborative culture encourages diverse perspectives, ensuring that every team member can contribute meaningfully to our mission of making money management easier for everyone.
StudySmarter Expert Advice🤫
We think this is how you could land Money Laundering Reporting Officer (MLRO) - UK in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the financial crime compliance space. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your experience with UK financial crime regulations. Share specific examples of how you've tackled challenges in the past – it’ll set you apart from the crowd.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Reach out directly to companies you admire, like Wise, and express your interest in working with them. A well-timed email can sometimes lead to opportunities that aren’t even advertised yet.
✨Tip Number 4
Keep learning! The financial crime landscape is always changing, so stay updated on the latest trends and regulations. Consider taking relevant courses or certifications to boost your knowledge and show potential employers that you’re committed to staying ahead in the field.
We think you need these skills to ace Money Laundering Reporting Officer (MLRO) - UK in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the MLRO role. Highlight your experience in Financial Crime Compliance and any specific achievements that align with Wise's mission. We want to see how your skills can help us build a better financial crime strategy!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how you can contribute to Wise’s goals. We love seeing candidates who are genuinely excited about making a difference in the financial world.
Showcase Your Communication Skills:As an MLRO, strong communication is key. In your application, give examples of how you've effectively communicated complex compliance issues to various stakeholders. We’re looking for someone who can bridge gaps and bring teams together!
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 serious about joining the Wise team!
How to prepare for a job interview at Limelight Health
✨Know Your AML Inside Out
Make sure you brush up on the UK financial crime regulatory framework, including the latest updates on financial sanctions and fraud legislation. Being able to discuss these topics confidently will show that you're not just familiar with the rules but also passionate about compliance.
✨Showcase Your Leadership Skills
Prepare examples of how you've successfully led teams in the past, especially in a compliance context. Think about specific challenges you faced and how you brought diverse teams together to achieve a common goal. This will demonstrate your ability to lead effectively at Wise.
✨Communicate Clearly and Effectively
Practice articulating complex compliance concepts in a straightforward manner. You’ll need to communicate with various stakeholders, so being able to simplify your message while still conveying the importance of financial crime controls is key.
✨Demonstrate a Growth Mindset
Be ready to discuss how you’ve approached challenges with a solutions-driven attitude. Share instances where you’ve identified opportunities for improvement within compliance processes and how you implemented changes that positively impacted the organisation.
