At a Glance
- Tasks: Lead compliance oversight and financial crime control for Remitly's UK operations.
- Company: Join a dynamic fintech company committed to integrity and accountability.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborate with global teams in a fast-paced, innovative environment.
- Why this job: Make a significant impact on compliance and financial crime prevention in a global context.
- Qualifications: 10+ years in UK financial services compliance with FCA-approved experience.
The predicted salary is between 100000 - 130000 £ per year.
The Chief Compliance Officer and MLRO, UK is the senior compliance leader for Remitly’s UK business, holding dual FCA Senior Management Function accountability as SMF16 (Compliance Oversight) and SMF17 (Money Laundering Reporting Officer). This statutory officer position is personally accountable to the FCA, the local board, and local business leadership for the adequacy of Remitly UK’s compliance and financial crime control framework. The role operates as the local point of accountability while leveraging Remitly’s global compliance platform, program design, and operations. It is an individual contributor position with no managerial responsibility and is a hybrid role (2–3 days per week onsite) based in our London office.
You Will
- Hold personal FCA Senior Manager accountability for compliance oversight (SMF16) and AML/CTF (SMF17) across Remitly UK’s regulated activities; maintain and attest to the Statement of Responsibilities and Management Responsibilities map under SM&CR; serve as statutory director where required.
- Adapt the global financial crime risk assessment, AML/CTF policy suite, and control library to Remitly UK’s product footprint; approve and file SARs with the NCA; act as primary point of contact for NCA and law enforcement requests; oversee CDD, EDD, transaction monitoring, and sanctions screening for UK-originated business.
- Translate FCA Handbook obligations into pragmatic policy and advice for local product, engineering, and operations teams; advise the local board and UK leadership on compliance risk from new products, markets, or partner arrangements; maintain the compliance elements of the Consumer Duty framework for Remitly UK’s customer base.
- Serve as primary UK regulatory contact for the FCA, including supervisory engagement, RegData/GABRIEL returns, and notifications; coordinate FCA authorisation variations, attestations, and skilled person reviews.
- Report UK compliance/financial crime status, KRIs, and material issues to the EMEA CCO and local board; maintain the UK open issues register and drive remediation to closure.
- Partner with Legal, Compliance, Product, Engineering, and Operations globally to embed UK requirements into product/process design; model Remitly’s culture of accountability and integrity as a connective point between global teams and Remitly UK.
You Have
- 10+ years of UK financial services compliance/financial crime experience, including prior service as an FCA-approved Senior Manager (SMF16/17) or demonstrable readiness for approval.
- Deep knowledge of the Money Laundering Regulations 2017, JMLSG Guidance.
Chief Compliance Officer in London employer: Remitly U.K., Ltd.
Remitly U.K., Ltd. is an exceptional employer that fosters a dynamic and inclusive work culture, particularly in the vibrant city of London. Employees benefit from comprehensive health insurance, generous paid vacation days, and a stock purchase plan, all while having the opportunity to contribute to innovative payment solutions that enhance customer experiences globally. With a strong focus on professional development, team members are encouraged to grow their skills and advance their careers within a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Compliance Officer 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 Remitly U.K., Ltd. looking for candidates who are engaged and informed.
We think you need these skills to ace Chief Compliance Officer 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 Remitly U.K., 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 Remitly U.K., 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 Remitly U.K., Ltd.’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
