Head of Compliance and MLRO

Payine; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading company in the Payments Industry is seeking a Head of Compliance and MLRO in London. The successful candidate will manage compliance and financial crime prevention functions, ensuring adherence to regulatory standards. They will leverage their expertise to mitigate risks associated with fraud and money laundering, while leading a team of compliance professionals.

Qualifications

• At least 5 years of experience as a Compliance Officer and MLRO within the Payments Industry or Electronic Money Institution in the UK.
• Good knowledge of SARs regime and understanding of UK legal and regulatory obligations.
• Strong leadership and credible stakeholder engagement skills.

Responsibilities

• Manage the compliance team both locally in the UK and abroad.
• Oversee Financial Crime Prevention functions ensuring stakeholder needs are met.
• Liaise with national and international law enforcement agencies regarding fraud trends.

Skills

Stakeholder engagement

Leadership

AML/CTF advisory

Job description

We are looking for a Head of Compliance and MLRO to join our leadership team and play a critical role in shaping our regulatory framework and risk culture.

ABOUT THE ROLE:

As Head of Compliance and MLRO, you will be responsible for managing and maintaining all aspects of the firm’s Compliance and Financial Crime functions. Your primary remit will be to safeguard the business against fraud, money laundering, internal fraud, security threats, and related reputational risks.

MAIN DUTIES AND RESPONSIBILITIES:

• Manage the entire compliance team of the firm both locally in the UK and abroad;
• Manage Financial Crime Prevention functions supporting and protecting the business against Fraud and Money Laundering Risk, Internal Fraud, Security, and related reputational risks, ensuring stakeholder needs are met;
• Maintain relationships with the firm’s banking partners;
• Understand and keep updated on all local AML requirements to ensure the AML program complies with applicable laws, regulations, and rules, updating as needed based on legal changes;
• Ensure all activities and transactions identified as potentially suspicious are investigated, reviewed, and resolved according to established procedures;
• Manage AML Compliance Team to address issues raised in internal audit reports, self-assessments, compliance reviews, or regulator examinations concerning AML policy;
• Personally manage and, where appropriate, conduct high-profile or sensitive investigations;
• Establish and maintain liaison with local, regional, and international financial industry representatives to proactively identify current fraud trends, criminal activities, and organized criminal groups, and to influence security best practices;
• Liaise with national and international law enforcement agencies and financial industry representatives to identify fraud trends and criminal activities.

CANDIDATE PROFILE:

• At least 5 years of experience as a Compliance Officer and MLRO within the Payments Industry or Electronic Money Institution in the UK and ideally in the EEA;
• AML/CTF advisory experience with good knowledge of SARs regime;
• Understanding of UK legal and regulatory obligations, including MLRs, PSRs, and EMRs;
• Credible stakeholder engagement skills aligned with organizational values and behaviors;
• Strong leadership skills.

LEARN MORE ABOUT US BY FOLLOWING US ON SOCIAL MEDIA:

LinkedIn: https://www.linkedin.com/company/payine

Instagram: https://www.instagram.com/payine_emi/

Facebook: https://www.facebook.com/people/Payine/100092664741194/

All applications will be treated with the strictest confidence.

Only successful applicants will be contacted.

Seniority level

• Executive

Employment type

• Full-time

Job function

• Legal

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