At a Glance
- Tasks: Lead compliance efforts and tackle financial crime challenges in a dynamic fintech environment.
- Company: Join Nuvei, a global fintech innovating payment processing solutions.
- Benefits: Enjoy private medical insurance, parental leave, and a supportive work culture.
- Other info: Diverse and inclusive workplace where you can be your authentic self.
- Why this job: Make a real impact in compliance while working with cutting-edge technology.
- Qualifications: 7+ years in compliance, strong UK regulatory knowledge, and excellent communication skills.
The predicted salary is between 70000 - 90000 £ per year.
Description
The world of payment processing is rapidly evolving, and businesses are looking for loyal and strategic partners, to help them grow.
Meet Nuvei, Nuvei is the global fintech building the infrastructure for every payment, everywhere.
Its modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer all payout options, and benefit from card issuing, banking, risk, and fraud management services.
Connecting businesses to their customers in more than 200 markets, with local acquiring in 52 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally through one integration.
At Nuvei, we live our core values, and we thrive on solving complex problems. We’re dedicated to continually improving our product and providing relentless customer service.
We are always looking for exceptional talent to join us on the journey!
Your Mission
As DMLRO and Compliance Manager for Nuvei Financial Services Ltd (NFS), Nuvei’s FCA-regulated UK e-money institution, you will play a key role in supporting the ongoing effectiveness of the firm’s financial crime and broader regulatory compliance framework.
Reporting to the Deputy Chief Compliance Officer (DCCO), you will act as a senior compliance and financial crime specialist, supporting oversight of NFS’s AML/CTF arrangements, regulatory obligations, and day-to-day compliance advisory activity.
You will also provide practical leadership across key compliance workstreams, helping ensure that regulatory requirements are embedded in a proportionate, operationally effective, and defensible manner.
The role will support NFS across a broad compliance agenda, including AML and financial crime controls, suspicious activity escalation, customer risk assessment, safeguarding, operational resilience, regulatory reporting, governance, policy implementation, and regulatory change.
This is a hands-on role suited to an experienced compliance professional with strong UK regulatory knowledge, sound financial crime judgement, and the ability to translate regulatory expectations into practical business controls.
Key Responsibilities
- Support the DCCO in overseeing the effectiveness of the firm’s AML/CTF, sanctions, suspicious activity reporting, and wider financial crime framework.
- Act as a senior escalation point for complex financial crime matters, including onboarding, customer risk assessment, periodic reviews, event-driven reviews, transaction monitoring, PEPs, sanctions, and adverse media.
- Provide practical compliance advice and challenge across NFS on key FCA obligations, including EMR/PSR requirements, safeguarding, operational resilience, complaints, and wider systems and controls.
- Support the ongoing development, implementation, and maintenance of compliance and financial crime policies, procedures, risk assessments, controls, and training.
- Assist in preparing effective Board, committee, senior management, and regulatory reporting, ensuring key risks, issues, and remediation actions are clearly articulated.
- Support engagement with the FCA, auditors, and independent reviewers, including regulatory requests, inspections, reviews, and tracking remediation activity through to completion.
- Work closely with first-line teams, including Underwriting, Risk, Product, Finance, and Commercial, to embed proportionate, risk-based, and operationally effective compliance controls.
- Contribute to the continued enhancement of NFS’s compliance framework through regulatory horizon scanning, control improvements, MI development, and oversight of emerging risks and regulatory change.
- Preferred Qualifications
- Minimum 7+ years of compliance experience in financial services, preferably within fintech, payments, banking, or digital asset environments.
- Strong experience in financial services compliance and/or financial crime, ideally within a UK payments, e-money, acquiring, fintech, or banking environment.
- Prior experience in a Deputy MLRO, MLRO support, senior financial crime, or compliance management role.
- Sound working knowledge of the UK AML/CTF regulatory framework, including the Money Laundering Regulations, JMLSG guidance, sanctions expectations, suspicious activity reporting, and risk-based customer due diligence.
- Good understanding of FCA requirements applicable to payment institutions and e-money institutions, including regulatory governance, systems and controls, safeguarding, and operational resilience.
- Experience providing second-line advice and challenge across onboarding, client risk assessment, transaction monitoring, periodic review, and event-driven review processes.
- Ability to review complex casework and make balanced, well-reasoned, documented risk decisions.
- Experience supporting regulatory engagement, audit activity, action plans, and senior governance reporting.
- Excellent communication and stakeholder management skills
- Tertiary qualifications in Law, Finance, Business, or a related field; certifications such as ACAMS, ICA, or equivalent professional credentials are advantageous.
Nuvei is an equal-opportunity employer that celebrates collaboration and innovation and is committed to developing a diverse and inclusive workplace.
The team at Nuvei is comprised of a wealth of talent, skill, and ambition.
We believe that employees are happiest when they’re empowered to be their true, authentic selves.
So, please come as you are.
We can’t wait to meet you.
Benefits
- Private Medical Insurance
- Employee Assistance Programme (EAP)
- Eye Care
- Pension Scheme
- Income Protection
- Parental Leave
- Working Language
- English (written and spoken) is the language used most of the time, as work colleagues, clients, and strategic suppliers are geographically dispersed.
Our recruitment process may use automated tools, including AI, to support application management and candidate shortlisting.
Deputy Head of MLRO (DMLRO) and Compliance in London employer: Nuvei
At Nuvei, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Solution Engineer in the vibrant tech hub of [Location], you will have access to extensive employee growth opportunities, including mentorship and professional development, while working alongside a diverse team dedicated to delivering cutting-edge payment solutions. Our commitment to employee well-being is reflected in our comprehensive benefits package and a supportive environment that encourages creativity and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Head of MLRO (DMLRO) and Compliance 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 Nuvei looking for candidates who are engaged and informed.
We think you need these skills to ace Deputy Head of MLRO (DMLRO) and Compliance 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 Nuvei. 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 Nuvei
✨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 Nuvei’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
