At a Glance
- Tasks: Support the MLRO in financial crime oversight and compliance advisory.
- Company: Join Paysend, a global fintech leader with a strong compliance culture.
- Benefits: Competitive salary, flexible work, and continuous learning opportunities.
- Other info: Collaborate with international teams and thrive in a principle-driven culture.
- Why this job: Make a global impact while accelerating your career in a dynamic environment.
- Qualifications: Extensive AML/CTF experience and strong communication skills required.
The predicted salary is between 60000 - 75000 £ per year.
About The Role: The Deputy MLRO / 2nd Line Advisory role is a senior compliance position within Paysend’s UK regulated entity. The role operates within the Second Line of Defence and supports the UK MLRO (SMF17) in maintaining and enhancing the financial crime framework. The role provides independent oversight, challenge, and advisory across AML, CTF, sanctions, and financial crime risk, ensuring alignment with FCA expectations and UK regulatory requirements.
What You'll Do (Responsibilities):
- Financial Crime Oversight: Support the MLRO in maintaining the AML/CTF and sanctions framework.
- Provide second-line oversight of KYC, transaction monitoring, and sanctions screening.
- Review and challenge first-line controls and risk decisions.
- Support SAR decision-making and escalation processes.
- Advisory & Business Partnering: Provide regulatory and financial crime advisory to business units.
- Support new product launches and geographic expansion risk assessments.
- Ensure compliance requirements are embedded into product design.
- Regulatory & Governance: Support engagement with the FCA and regulatory reporting.
- Prepare Board and committee reporting on financial crime risks.
- Support compliance monitoring and assurance activities.
- Risk Framework & Controls: Maintain and enhance the Financial Crime Risk Assessment.
- Oversee third-party and outsourcing risk from a financial crime perspective.
- Ensure policies and procedures remain up to date with regulatory developments.
- Training & Culture: Deliver financial crime training across the business.
- Promote a strong compliance culture and risk awareness.
What You'll Need To Be Successful In This Role:
- Extensive experience in AML/CTF and sanctions within UK FCA-regulated firms.
- Experience in payments, fintech, or electronic money institutions.
- Strong second-line advisory and oversight capability.
- Experience engaging with regulators (FCA).
- Strong stakeholder management and communication skills.
Why Join Paysend?
- Make a Global Impact: Directly impact millions of users worldwide.
- Accelerate Your Career: Benefit from internal mobility, mentoring programs, and continuous learning opportunities.
- Thrive in a Connected, Global Organization: Collaborate with colleagues across our international hubs and more.
- Embrace a Principle-Driven & Focused Culture: Work in an organization guided by strong principles and values that actually help you achieve more than you thought possible.
- Enjoy Competitive Compensation and Benefits: Receive a competitive salary, benefits, and flexible work arrangements.
Deputy MLRO / 2nd Line Advisory (UK) employer: Paysend Group Ltd.
At Paysend, we pride ourselves on being an exceptional employer that fosters a culture of compliance and integrity. As a Deputy MLRO in our UK regulated entity, you will not only have the opportunity to make a significant impact on financial crime prevention but also benefit from a supportive environment that prioritises employee growth through mentoring and continuous learning. With competitive compensation, flexible work arrangements, and a commitment to strong principles, joining our team means being part of a global organisation that values your contributions and encourages collaboration across international hubs.
