Head of Compliance/MLRO

we are currently looking for a Head of Compliance and MLRO to manage and maintain the entire Compliance and Financial Crime aspects of the firm. The remit will firstly be to support and protect the business against Fraud and Money Laundering Risk, Internal Fraud, Security and related reputational risk and secondly to ensure a swift and effective detection of money laundering activity and embed anti-money laundering legislation, rules and guidance throughout the business. 

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. 

Knowledge/Experience: 

5 years of experience of working as a Compliance officer and MLRO within a Payments Industry/Electronic Money Institution 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 our organisational values and behaviours 

Strong leadership skills