At a Glance
- Tasks: Support the MLRO in enhancing financial crime frameworks and provide regulatory advisory.
- Company: Join Paysend, a global fintech leader making a real impact.
- Benefits: Competitive salary, flexible work, and continuous learning opportunities.
- Other info: Collaborate with a diverse team across international hubs.
- Why this job: Make a difference in financial crime compliance while accelerating your career.
- Qualifications: Extensive AML/CTF experience and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
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) in London 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.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy MLRO / 2nd Line Advisory (UK) 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 Paysend Group Ltd. looking for candidates who are engaged and informed.
We think you need these skills to ace Deputy MLRO / 2nd Line Advisory (UK) 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 Paysend Group Ltd.. 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 Paysend Group Ltd.
✨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 Paysend Group Ltd.’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
