At a Glance
- Tasks: Lead global compliance and act as Money Laundering Reporting Officer for UK and Canadian entities.
- Company: AIMS listed FX & Payments Solutions firm with a strong focus on compliance.
- Benefits: Competitive salary, career growth, and the chance to shape compliance strategies.
- Other info: Join a dynamic team and foster a culture of integrity and accountability.
- Why this job: Make a real impact in financial crime prevention and regulatory compliance.
- Qualifications: Extensive experience in compliance leadership within financial services and knowledge of AML regulations.
The predicted salary is between 121500 - 148500 £ per year.
The Global Head of Compliance & MLRO will be responsible for leading the company's global compliance function and acting as Money Laundering Reporting Officer (MLRO) for their main UK regulated entity as well as their Canadian entity.
Client Details AIMS listed FX & Payments Solutions firm.
Description Compliance Leadership Lead and oversee the global Compliance function across multiple regulated jurisdictions.
Develop, implement and maintain the organisation's compliance strategy, governance framework, policies and procedures.
Ensure ongoing compliance with all applicable regulatory requirements and industry standards.
Provide strategic advice to senior leadership on regulatory developments, compliance obligations and emerging risks.
Monitor legislative and regulatory changes and ensure appropriate implementation across the business.
Financial Crime & MLRO Responsibilities Act as the nominated Money Laundering Reporting Officer (MLRO) in relevant jurisdictions and oversee local MLRO resources where applicable.
Review high-risk customer relationships, complex transactions and escalated financial crime matters.
Determine whether suspicious activity requires reporting to relevant authorities.
Maintain and continuously enhance the firm's AML, Counter-Terrorist Financing, sanctions and anti-fraud frameworks.
Ensure the effectiveness of transaction monitoring, sanctions screening, customer due diligence and financial crime controls.
Serve as the primary point of contact for law enforcement agencies, regulatory bodies and financial intelligence units in relation to financial crime matters.
Regulatory Management Act as the primary liaison with regulators and supervisory authorities.
Oversee regulatory reporting obligations and regulatory submissions.
Support licensing applications, regulatory permissions, audits and supervisory reviews.
Ensure the organisation responds effectively to regulatory developments and changes in applicable legislation.
Lead and oversee customer outcome frameworks, ensuring products, services and communications meet regulatory expectations.
Ensure the organisation can demonstrate fair customer outcomes, appropriate governance and effective monitoring arrangements.
Risk Management & Controls Own and lead the enterprise-wide risk management framework.
Develop and maintain the organisation's risk appetite framework in partnership with the Board and Executive Team.
Ensure effective governance through a robust three-lines-of-defence model.
Embed strong risk identification, assessment, monitoring and mitigation processes across the business.
Oversee the implementation and effectiveness of controls across operational, commercial and product functions.
Maintain oversight of the corporate risk register, ensuring risks are appropriately assessed, escalated and mitigated.
Deliver regular reporting to senior management and the Board on risk exposures, emerging risks and mitigation activities.
Maintain responsibility for compliance and risk-related policies, frameworks and programmes, including: Anti-Money Laundering (AML)Counter-Terrorist Financing (CTF)Sanctions Compliance Fraud Prevention Anti-Bribery & Corruption Data Protection and Privacy Scaling Compliance Support the continued evolution and scalability of the compliance and risk framework as the organisation grows internationally.
Identify opportunities to improve efficiency through technology, automation and enhanced controls.
Build, develop and mentor a high-performing compliance and financial crime team.
Partner with stakeholders across Operations, Product, Technology and Commercial functions to embed compliance and risk considerations into business processes and decision-making.
Training & Culture Develop and deliver compliance, risk and financial crime training programmes across the organisation.
Foster a strong culture of integrity, accountability and regulatory awareness.
Promote proactive identification and management of compliance and financial crime risks.
Ensure employees understand their regulatory obligations and responsibilities.
Profile Required Experience Significant experience in senior compliance leadership roles within financial services.
Prior experience acting as MLRO within a regulated payments, fintech, or FX environment.
Strong understanding of AML/CTF regulations and financial crime frameworks.
Experience working with regulators and managing regulatory relationships.
Experience scaling compliance processes in high-growth fintech or payments environments.
Demonstrated ability to translate regulatory requirements into practical business processes.
Jurisdictional Knowledge Strong knowledge of regulatory frameworks in one or more of the following: UK regulatory environment (FCA regulated firms, payments/EMI environment)UAE regulatory framework (DFSA / ADGM / Central
Global Head of Compliance & MLRO - EMI Payments in London employer: Michael Page
ASDA is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of Leeds. With a strong commitment to employee growth, ASDA provides numerous opportunities for professional development and advancement, alongside competitive salaries and comprehensive benefits. The hybrid working model allows for flexibility, making it an attractive workplace for those seeking meaningful and rewarding careers in one of the UK's leading retail brands.
StudySmarter Expert Advice🤫
We think this is how you could land Global Head of Compliance & MLRO - EMI Payments in London
✨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 Michael Page looking for candidates who are engaged and informed.
We think you need these skills to ace Global Head of Compliance & MLRO - EMI Payments in London
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 Michael Page. 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 Michael Page
✨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 Michael Page’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
