At a Glance
- Tasks: Lead compliance initiatives and support regulatory obligations in a fast-paced fintech environment.
- Company: Dynamic fintech company with a focus on compliance and financial crime prevention.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative culture with excellent career advancement opportunities.
- Why this job: Join a key role in shaping compliance strategies and making a real impact.
- Qualifications: 5+ years in compliance or financial crime roles, strong AML/CTF knowledge required.
The predicted salary is between 80000 - 100000 £ per year.
Deputy MLRO / Senior Compliance Manager
Location: Hybrid / London Office Reporting to: Danny Mead (Head of Compliance & MLRO) Department: Compliance Direct Reports: Onboarding Lead, Compliance Specialist)
About the Role
We are seeking a commercially minded Deputy MLRO / Senior Compliance Manager to support the continued growth of our multi-jurisdictional fintech business.
This role will act as a key deputy to the Head of Compliance & MLRO, helping to oversee our compliance and financial crime framework while supporting regulatory obligations across multiple jurisdictions.
The successful candidate will combine strong technical compliance and AML expertise with a pragmatic, risk-based approach suitable for a fast-paced fintech environment.
They will play a critical role in strengthening and leading the compliance function, supporting business growth initiatives, and providing leadership across day-to-day compliance operations.
This is an excellent opportunity for an experienced compliance professional seeking a broad role with significant exposure to senior stakeholders, regulators, and strategic business initiatives.
Key Responsibilities
- Compliance & Regulatory Oversight
- Support the Head of Compliance & MLRO in maintaining and enhancing the firm's compliance framework across all regulated jurisdictions.
- Monitor regulatory developments and assess their impact on the business, ensuring timely implementation of regulatory changes.
- Assist in maintaining policies, procedures, controls, governance arrangements and reporting to ensure ongoing regulatory compliance.
- Provide practical compliance guidance to business stakeholders across all departments.
- Support regulatory applications, authorisations and audits.
- Assist in the preparation of management information, board reports, committee papers, and regulatory reporting.
- Financial Crime & AML
- Act as deputy to the MLRO and support the ongoing operation of the firm's Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), sanctions, and financial crime frameworks.
- Review and oversee higher-risk escalations and enhanced due diligence cases.
- Assist with the investigation of suspicious activity and preparation of internal reports and external suspicious activity reports where required.
- Support the delivery of enterprise-wide financial crime risk assessments.
- Monitor the effectiveness of transaction monitoring, screening, onboarding, and ongoing monitoring controls.
- Ensure financial crime policies and procedures remain proportionate and aligned to regulatory expectations.
- Compliance Monitoring & Risk Management
- Develop and execute compliance monitoring activities and thematic reviews.
- Identify compliance and financial crime risks and work with business stakeholders to implement appropriate remediation plans.
- Maintain compliance risk registers and support enterprise risk management processes.
- Track regulatory findings, internal audit actions, and compliance issues through to completion.
- Business Partnering & Strategic Support
- Act as a trusted advisor to business leaders, providing commercially balanced compliance guidance.
- Partner with Team Heads to ensure compliance considerations are embedded into business initiatives.
- Leadership & Team Development
- Provide day-to-day support, guidance, and mentoring to more junior compliance team members.
- Help build a scalable compliance function capable of supporting future business growth.
- Deputise for the Head of Compliance & MLRO during periods of absence.
Skills & Experience
Essential
- 5+ years' experience in Compliance, Financial Crime, AML, or Regulatory Risk roles within fintech, payments, e-money, banking, crypto, or financial services.
- Strong understanding of AML/CTF regulations, sanctions frameworks, and financial crime controls.
- Experience working within regulated financial services businesses operating across multiple jurisdictions.
- Experience managing regulatory interactions, audits, inspections, or compliance reviews.
- Strong knowledge of risk-based compliance frameworks and governance practices.
- Excellent stakeholder management skills with the ability to influence at all levels of the organisation.
- Ability to balance regulatory requirements with commercial business objectives.
- Strong written communication and report-writing capabilities.
- Highly organised with the ability to manage multiple priorities in a fast-paced environment.
Desirable
- Previous experience acting as Deputy MLRO, Nominated Officer, MLRO delegate, or equivalent.
- Experience within payments, e-money, card acquiring, embedded finance, digital banking, or crypto sectors.
- Experience supporting regulatory licences and authorisations in multiple jurisdictions.
- Strong familiarity with compliance technology, automated transaction monitoring tools, and AI-enabled compliance solutions, ideally including Sumsub, Chainalysis, and Intercom.
- Professional compliance qualification (ICA, ACAMS, CISI, or equivalent).
- Success Measures
Within the first 6 months, the successful candidate will
- Establish themselves as a trusted deputy to the Head of Compliance & MLRO.
- Improve the scalability and effectiveness of the compliance and financial crime framework.
- Reduce escalation dependency on senior leadership through stronger team structure and delegation.
- Successfully support regulatory obligations across all operating jurisdictions.
- Strengthen compliance partnership with Product, Technology, and Operations teams to support business growth while maintaining robust regulatory standards.
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Deputy MLRO / Senior Compliance Manager employer: Xace
Join a dynamic fintech company in London that prioritises employee growth and development, offering a hybrid work environment that fosters collaboration and innovation. As a Deputy MLRO / Senior Compliance Manager, you will benefit from a supportive work culture that values compliance excellence and provides opportunities to engage with senior stakeholders and regulators. With a focus on professional development and a commitment to maintaining a robust compliance framework, this role is perfect for those seeking meaningful and rewarding employment in a fast-paced industry.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy MLRO / Senior Compliance Manager
✨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 Xace looking for candidates who are engaged and informed.
We think you need these skills to ace Deputy MLRO / Senior Compliance Manager
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 Xace. 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 Xace
✨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 Xace’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
