At a Glance
- Tasks: Lead compliance and financial crime functions, ensuring regulatory obligations are met.
- Company: Dynamic fintech firm in London with a strong compliance culture.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Join a team that values innovation and compliance excellence.
- Why this job: Be the key compliance leader and make a real impact in a fast-paced environment.
- Qualifications: Extensive compliance experience and strong leadership skills required.
The predicted salary is between 80000 - 100000 £ per year.
The Head of Compliance & MLRO will hold senior responsibility for the firm’s compliance, financial crime and regulatory governance framework. This person will act as the key compliance lead for the business, providing oversight across FCA requirements, AML/CTF, sanctions, fraud, KYC/KYB, transaction monitoring, regulatory reporting and wider compliance risk.
The successful candidate will be responsible for embedding a strong compliance culture across the business, advising senior leadership on regulatory matters and ensuring that policies, procedures, systems and controls remain effective and proportionate to the firm’s risk profile.
Key Responsibilities- Act as the firm’s MLRO, with responsibility for the oversight and management of financial crime risk.
- Lead the compliance and financial crime function, ensuring the business meets all relevant regulatory obligations.
- Own and maintain the firm’s compliance framework, financial crime framework, policies, procedures and controls.
- Provide oversight across AML, CTF, sanctions, fraud, bribery and corruption, KYC/KYB, customer due diligence, enhanced due diligence and transaction monitoring.
- Act as a senior point of contact for regulatory matters, including FCA engagement, regulatory enquiries, audits and reviews.
- Advise the board, senior leadership and key stakeholders on compliance, financial crime and regulatory risk matters.
- Ensure appropriate systems and controls are in place to identify, assess, monitor and mitigate compliance and financial crime risks.
- Oversee suspicious activity reporting processes, internal escalations and high-risk customer reviews.
- Manage regulatory reporting obligations and ensure accurate and timely submissions where required.
- Monitor regulatory developments and assess their impact on the business.
- Support new product launches, market expansion, client onboarding and commercial initiatives from a compliance perspective.
- Lead compliance monitoring, assurance and control testing activity.
- Prepare and present management information, reports and updates for senior management, committees and the board.
- Support remediation, regulatory change and framework enhancement projects.
- Lead, manage and develop the compliance team, ensuring clear ownership, capability and accountability.
- Promote a strong compliance culture across the business.
The successful candidate will be a senior compliance and financial crime professional who is confident acting as the firm’s MLRO and leading the wider compliance function. They will be technically credible, commercially aware and comfortable advising senior stakeholders on complex regulatory and financial crime matters. They will bring a hands-on approach, strong judgement and the ability to strengthen the firm’s compliance framework while supporting the business as it continues to scale.
Experience Required- Significant compliance and financial crime experience within a regulated payments, fintech, EMI, banking or broader financial services environment.
- Previous experience operating as an MLRO, Deputy MLRO, Head of Compliance, Head of Financial Crime or senior compliance leader.
- Strong understanding of FCA requirements, UK financial crime regulations and payment services/e-money regulatory obligations.
- Technical knowledge across AML, sanctions, fraud, KYC/KYB, customer risk assessment, transaction monitoring and suspicious activity reporting.
- Experience building, enhancing or managing compliance and financial crime frameworks.
- Strong stakeholder management skills, with the ability to engage confidently with the board, senior leadership, regulators, auditors and external partners.
- Experience providing compliance advice on new products, client onboarding, commercial initiatives or regulatory change.
- Strong governance, reporting and policy-writing skills.
- Ability to operate in a hands-on, fast-paced environment.
- Commercially pragmatic approach, with the ability to balance regulatory expectations with business objectives.
- Strong leadership capability, with experience managing or developing compliance teams.
- Prior FCA-approved SMF experience, ideally SMF16 and/or SMF17.
- Experience within payments, e-money, FX, remittance, merchant acquiring, open banking, cross-border payments or embedded finance.
- Exposure to high-risk customers, complex onboarding, financial institutions, correspondent banking-style risk or international payments.
- Experience with regulatory applications, FCA audits, skilled person reviews, remediation programmes or regulatory change projects.
- ICA, ACAMS or equivalent compliance/financial crime qualification.
Regulatory Compliance M in City of London employer: Vend Tech Group
As a leading firm in the financial services sector, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises compliance excellence and employee development. Located in the vibrant city of London, our hybrid working model offers flexibility while providing ample opportunities for professional growth and engagement with senior leadership. Join us to be part of a team that values integrity, innovation, and a strong commitment to regulatory standards, ensuring a meaningful impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory Compliance M in City of 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 Vend Tech Group looking for candidates who are engaged and informed.
We think you need these skills to ace Regulatory Compliance M in City of 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 Vend Tech Group. 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 Vend Tech Group
✨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 Vend Tech Group’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
