MLRO - FX (BANKING OR PAYMENTS) MLRO EXPERIENCE REQUIRED

We have been exclusively appointed by our client, a growing international Foreign Exchange & Payments business with an exciting vision, to find a MLRO. Reporting directly to the CEO you will have oversight for all AML & Financial Crime issues.

Detailed responsibilities will include:

• Liaise with all relevant business and support departments within the firm.
• Take ownership of the API regulatory process and subsequent supervision.
• Ownership and management of all policies and procedures, with periodic review and updates.
• Approve changes to documentation relating to compliance issues.
• Act as the first point of contact with the Regulators and Law Enforcement agencies, upon commencement and during an investigation as a result of filing a report to the NCA.
• Coordinate training to ensure staff are adequately aware of the compliance function and requirements in accordance with the rules and regulations.
• Design the internal practice, measures, procedures and controls relevant to the prevention of Money Laundering and Terrorist Financing and describe and allocate the appropriateness and limits of responsibility of each department involved.
• Maintain a Risk Management and Procedures Manual regarding Money Laundering, SARS and Terrorist Financing (AML Manual).
• Apply monitoring mechanisms to assess the level of compliance of the departments and Company employees.
• Give guidance for corrective measures where necessary and inform the Senior Management and Board of Directors where applicable.
• Detect, record, and evaluate, at least on an annual basis, all risks arising from existing and new clients and merchants, new products and services and updates and amend the systems and procedures applied by the Company.
• Building, and taking accountability for, the AML/CTF risk management program and the undertaking of any AML/CTF risk assessment.

You should have experience as an MLRO from a similar FX / Payments business or Bank with an in-depth knowledge of UK AML & Financial Crime regulations. You should also be able to operate at a strategic level, advising the Leadership Team & Board whilst still able to roll up your sleeves and work under your own initiative in a dynamic, agile and hands-on environment.

This role is offered hybrid with 4 days in the City of London office and 1 day WFH. This is an excellent opportunity to join a small but growing business in a hands-on yet strategic role where you will be instrumental in the businesses’ ongoing growth and development.

So, if that sounds like you, then please send your details to Gary Collins in the first instance gary@symescollins.com (Including a contact number & email) however please note we cannot reply to all applications so only successful applications will be contacted (although under no circumstance are your details ever passed on without your specific permission).