At a Glance
- Tasks: Lead compliance for Thunes UK and act as MLRO, ensuring regulatory adherence.
- Company: Join a rapidly growing FinTech company making a global impact.
- Benefits: Competitive salary, dynamic work environment, and opportunities for international collaboration.
- Other info: Work in a diverse team with potential for career growth and international travel.
- Why this job: Be at the forefront of compliance in a cutting-edge financial landscape.
- Qualifications: 5-7 years in compliance, strong knowledge of UK regulations, and a proactive mindset.
The predicted salary is between 44595 - 54505 £ per year.
Overview
Join to apply for the Compliance Manager UK role at Thunes. Based in London, reporting to the Global Compliance Director based in France, this role will lead the compliance function in the United Kingdom and be appointed as MLRO (Money Laundering Reporting Officer) of Thunes’ Authorized Payment Institution in the UK, and will support Thunes activities all across the world where the license is used. This role is expected to partner with the Global Compliance function (including the Chief Compliance Officer, the Financial Crime team, the KYC team, among others) and other cross-functional teams (Legal, Account Management & Business Development, Finance & Treasury, Product etc) based across the world. A compliance expert based out of Miami, USA currently reports to this role. The role is an in the office role, based out of the Company’s offices in the City of London. The position provides an exciting opportunity to work on an international stage, alongside household names, and join a rapidly growing FinTech company making a real impact on the lives of people in developed and emerging markets alike.
About Thunes: Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Headquartered in Singapore, Thunes has offices in 14 locations, including London.
Key Responsibilities
- Compliance Programme for Thunes UK:
- Serves as MLRO for the UK Entity
- Actively engages in the deployment of Thunes’ Group Compliance framework in the United Kingdom, including for AML/CTF, Sanctions, and ABC policies
- Aligns such frameworks with the Thunes Global Policy House
- Applies existing frameworks to all the different cycles of the business relationship (onboarding, ongoing monitoring, reporting), and supports the KYC and Transaction Monitoring teams in their daily activities
- Provides relevant and reliable risk analysis on clients, payment methods and global payment chains
- Prepares and communicates analysis and assessment to internal senior management
- Identifies, assesses, tracks, and escalates risks (namely regulatory) throughout Thunes’ business
- Communicates and trains relevant teams on compliance requirements
- Ensures a proper regulatory watch and anticipates evolutions of the compliance framework
- Compliance Point of Contact for matters related to the United Kingdom:
- Serves as Point of Contact for the UK authorities (the FCA, namely) and acts as local MLRO
- Interacts with Senior Management, partner banks, NCA, government authorities and payment schemes in the region
- Plays a role in the policy management process including creation and deployment of relevant policies
- Centralizes and coordinates the remediation of audit findings
- Creates, coordinates and communicates mandatory reportings to local authorities
- Stakeholder Engagement & Influence:
- Being an actor in the establishment of a Risk & Compliance culture within the business line
- Involved in the governance of the British regulated entity (committees, reporting to authorities...)
- Spend time working alongside the operational teams in EU/UK, US and APAC to accommodate the British regulatory specificities within the Global Compliance Program
- Has knowledge on operational deployment of a compliance programme (KYC, sanction & PEP screening, AML/CFT alerts management)
- Communicates and trains relevant teams on compliance requirements
- Has willingness to excel and grow within the organization, at both regional and global level
- Some international travel may be required (no more than 5%)
WHO WE ARE LOOKING FOR
Experience & Knowledge
- 5/7 years of professional experience as Compliance in a financial institution, preferably in banking or payments
- Deep knowledge of the British payment services regulation as well as the AML/TF local framework
- Bachelor’s Degree or equ. in Banking, Finance, Accounting, Risk Management Law, or other relevant areas
- Experience in compliance areas within a financially regulated company including namely AML/TF, Risk & Permanent Control, Governance
- Business minded and able to support the development of innovative payment services
- Expertise with Crypto is a strong plus
- Experience working in an international and diverse environment
- Strong internal and external stakeholder management skills
- High level of autonomy and proactivity
- Ability to work well under pressure, different priorities, and tight deadlines
- Collaborative work approach
About Thunes: Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the network receive unrivaled speed, control, visibility, protection and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks.
Compliance Manager UK in England employer: Thunes
Thunes is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture where innovation and collaboration thrive. Located in a vibrant industry hub, employees benefit from competitive compensation, comprehensive training programs, and the opportunity to work alongside experts in data protection within the payments sector. Join us to make a meaningful impact while advancing your career in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager UK in England
✨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 Thunes looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Manager UK in England
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 Thunes. 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 Thunes
✨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 Thunes’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
