At a Glance
- Tasks: Investigate complex cases and lead compliance initiatives in a dynamic fintech environment.
- Company: Join PayDo, a global leader in electronic money services operating in over 140 countries.
- Benefits: Annual learning budget, transparent career growth, and innovation rewards for your ideas.
- Other info: Be part of a result-driven culture with opportunities for rapid advancement.
- Why this job: Make a real impact in the fintech industry while enhancing your skills and career.
- Qualifications: 3+ years in AML compliance, strong analytical skills, and excellent communication abilities.
The predicted salary is between 60000 - 80000 € per year.
PayDo, a leading Electronic Money Institution (EMI) authorised by the FCA in the UK, FINTRAC in Canada, and MFSA in Malta, operates in 140+ countries and over 25 industries. Offering multicurrency IBANs, merchant solutions, mass payment options, acquiring, open banking, PayDo provides premium and convenient payment services. With all features available through one platform and contract, PayDo is a preferred solution for modern online businesses.
We are seeking a highly skilled MLRO to support ongoing compliance with AML/CTF obligations. The role requires strong analytical ability, regulatory knowledge and cross‑functional collaboration skills.
Primary Responsibilities- Work on complex case investigations, strategic projects and coordinating cross‑departmental initiatives.
- Lead or oversee investigations into suspicious activities (internal SARs), external SARs filing.
- Respond to regulatory initiatives by providing leadership and direction for new projects to adhere to our obligations.
- Support long‑term strategy planning and enhance the departmental governance framework ensuring policies and procedures remain fit for purpose.
- Creating and implementing policies, procedures, operational SOPs around AML/CFT processes, reporting suspicious activity, preparing and filing reports.
- Conduct comprehensive AML/CTF and other financial crime risk assessments across the Company.
- Prepare, review and submit regulatory reports, including SARs to the NCA, REP-CRIM, financial crime returns, and supplementary reports requested by the FCA or external auditors.
- Prepare board reports, MLRO reports, write papers for internal governance to effect change to the control framework to respond better to risks or improve the performance of the function, and maintain monthly management information.
- Be a resource for knowledge and understanding internally in order to make good judgements around regulatory obligations, audits, regulatory engagement, compliance risks and business development.
- Ensure ongoing regulatory compliance and act as liaison with FCA.
- Coordinate with Compliance and Operations teams to strengthen internal AML controls, implement risk mitigation and transaction monitoring strategies.
- Support AML training, audits, and system effectiveness assessment, testing.
- 3+ years of AML and Compliance experience within financial services, electronic money institutions and fintech environments.
- Prior experience acting as Deputy MLRO, AML Officer or MLRO in an EMI, PSP, or banking institution.
- Strong and practical understanding of the AML and CTF frameworks and relevant sectoral requirements applicable to EMIs in the UK.
- Demonstrated expertise in establishing, maintaining, and enhancing CDD/EDD processes, transaction monitoring systems, and financial crime risk assessment methodologies.
- Specific experience in undertaking financial crime prevention (AML/CTF, sanctions, fraud, investigations, transaction monitoring) and law enforcement liaison.
- Experience in designing/documenting policies, procedures, presentations, guidance notes, and training materials.
- Comprehensive awareness of financial crime risks specific to digital payments, cross‑border transfers, fraud typologies, sanctions exposure, risks linked to high‑risk jurisdictions and fintech‑driven delivery channels.
- Ability to manage multiple tasks simultaneously on tight deadlines.
- Ability to work independently with a high level of responsibility.
- Excellent verbal and written English and Russian communication skills.
- Prior experience with other regulatory landscapes (NL – Authority for the Financial Markets (AFM), UAE – Central Bank of the UAE (CBUAE), DFSA (Dubai Financial Services Authority) for DIFC etc).
- Professional qualifications such as ACAMS, ICA etc.
- Experience with Visa/Mastercard reporting processes & liaison.
- Experience in the cryptocurrency industry &/or acquiring products.
- Legal education.
We work in a result‑driven culture. You will fit in if you:
- Own your work with no excuses.
- Take initiative and act before being told.
- Deliver results that make a real impact.
- Solve problems quickly with practical solutions.
What we offer:
- Annual Learning & Development Budget – invest in your growth with dedicated funds for courses, training, and certifications.
- Regular Performance Reviews Based on KPIs – for your professional growth.
- Transparent career growth – with opportunities to achieve Lead roles within 1 year, Head roles in 2 years, and even C‑level within 4 years, based on exceptional performance.
- Innovation Financial Rewards – share your ideas through our PayDo Ideas Hub and earn extra bonuses.
- Become part of a global team redefining FinTech. Your expertise, passion, and ideas will shape the future of payments with PayDo!
Money Laundering Reporting Officer employer: Paydo
At PayDo, we pride ourselves on being a forward-thinking Electronic Money Institution that values innovation and employee growth. Our dynamic work culture fosters collaboration and encourages initiative, allowing you to make a real impact in the fast-paced FinTech landscape. With transparent career progression opportunities and an annual learning budget, we empower our employees to excel and shape the future of payments across 140+ countries.
StudySmarter Expert Advice🤫
We think this is how you could land Money Laundering Reporting Officer
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching PayDo and understanding our services. Be ready to discuss how your skills align with our needs, especially in AML/CTF compliance. Show us you’re passionate about making an impact!
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. We want to see your personality shine through, so don’t just recite rehearsed answers. Be yourself and let your expertise speak for you!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can go a long way in showing your enthusiasm for the role. Plus, it keeps you fresh in our minds as we make decisions.
We think you need these skills to ace Money Laundering Reporting Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Money Laundering Reporting Officer role. Highlight your relevant experience in AML and compliance, and don’t forget to showcase any specific projects or achievements that align with our needs at PayDo.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your understanding of AML/CTF frameworks and how your skills can help us enhance our compliance efforts.
Showcase Your Analytical Skills:As an MLRO, strong analytical skills are key. In your application, provide examples of how you've tackled complex investigations or improved compliance processes in previous roles. We want to see your problem-solving abilities in action!
Apply Through Our Website:We encourage you to apply directly 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 keen on joining our team at PayDo!
How to prepare for a job interview at Paydo
✨Know Your AML/CTF Inside Out
Make sure you have a solid grasp of the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) frameworks. Brush up on the specific regulations that apply to electronic money institutions in the UK, as well as any recent changes in legislation. This will show your potential employer that you're not just familiar with the basics but are also proactive about staying updated.
✨Prepare for Scenario-Based Questions
Expect to be asked about how you would handle specific situations related to suspicious activities or regulatory compliance. Think through some complex case investigations you've been involved in and be ready to discuss your thought process, decisions made, and outcomes achieved. This will demonstrate your analytical skills and practical experience.
✨Showcase Your Cross-Functional Collaboration Skills
Since the role involves coordinating with various departments, be prepared to discuss examples of how you've successfully collaborated with other teams in the past. Highlight any projects where you led initiatives or contributed to strategic planning, as this will illustrate your ability to work effectively across functions.
✨Communicate Clearly and Confidently
Given the importance of reporting and documentation in this role, practice articulating your thoughts clearly and concisely. Whether it's discussing your experience or explaining complex concepts, strong verbal and written communication skills are crucial. Consider preparing a few key points or stories that showcase your expertise and fit for the role.
