Group MLRO

Job Overview

SMO Careers is hiring on behalf of a client in the payment industry for a Group MLRO to join their leadership team.

This role focuses on managing and maintaining all aspects of the firm’s Compliance and Financial Crime functions while safeguarding the business against fraud, money laundering, internal fraud, security threats, and related reputational risks. The successful candidate will play a key role in shaping the company’s regulatory framework and risk culture while ensuring compliance with AML legislation, regulatory rules, and industry guidance.

Responsibilities

• Responsible for anti-money laundering (AML) compliance providing oversight, control, support and coordination for anti-money laundering compliance
• Manage the entire compliance members of the firms both locally in the UK and abroad
• Manage Financial Crime Prevention function supporting and protecting the business against Fraud and Money Laundering Risk, Internal Fraud, Security and related reputational risk ensuring that the needs of all stakeholders are met
• Maintain relationships with the firm banking partners
• Own all aspects of the Compliance framework
• Responsible for the development, implementation and maintenance of an effective tactical and strategic anti-money laundering program
• Understand and have continuing knowledge of all local AML requirements to ensure that the AML program is consistent with all applicable local laws, regulations and rules and that the AML program is updated, as required, in light of changes to local laws, regulations and rules
• Develop and manage a regular monitoring and reporting process to inform senior management, the audit committee and the board, as necessary and required
• Ensure that all activity and transactions that are identified as potentially suspicious are investigated, reviewed and resolved in accordance with established procedures
• Manage AML Compliance Teams to address issues raised in internal audit reports, self-assessments, compliance reviews or regulator’s examination about AML policy
• To personally manage and where appropriate carry out high profile/sensitive investigations
• Establish and maintain liaison with local/county/regional and international financial industry representatives to proactively identify current fraud trends, criminal activity and the identification of organised criminal groups and influence security best practices
• Liaison with national and international law enforcement entities and liaison with local financial industry representatives to proactively identify fraud trends/criminal activity and organised criminal attacks

Requirements

• 5 years of experience of working as a Compliance officer and MLRO within a Payments Industry/Electronic Money Institution (EMI) in UK and ideally in EEA
• AML / CTF advisory experience and good working knowledge of SARs regime
• Working knowledge of the legal and regulatory obligations for UK; including MLRs PSRs and EMRs
• Excellent communication skills both written and verbal
• Credible stakeholder engagement skills to align with organisational values and behaviours
• Strong leadership skills

Good to have

• Experience managing international compliance teams

Benefits

• Competitive salary based on your qualifications and experience (80k-85k Gross/annually)
• Flexible working hours (8:00-09:30 am until 17:00-18:30 pm)
• Short Fridays to kick-start your weekend early (09:00-16:00)
• 1 remote work day per week for better work-life balance
• Weekly complimentary lunch (every Thursday)
• Birthday perk: Take a half-day off to celebrate your special day
• Referral bonuses when you help us grow our team
• Sports Benefit or Wolt lunch allowance
• MadBenefits app

How to apply

If you are a Group MLRO looking to join a dynamic organization in the payment industry and contribute to the development of a strong compliance and financial crime framework, apply with your CV and we will be in touch for a confidential discussion.

Tagged as: Hybrid