Senior Compliance Officer

About [Employer hidden]

Simplifying international payments

201-500 employees

Fintech, B2B, Enterprise, Payments

Who you are

• Previously held senior payments’ compliance roles in organisations like: Payment Services Providers (incl. MTOs, acquiring PSPs), Banks or Financial Institutions, Traditional banks active in the digital payments space, Neo-banks (e.g. Monzo, Revolut and the likes), BaaS actors (Banking as a Service like Cybrid, Plaid), Crypto assets actor (e.g. exchange, liquidity provider, blockchain infrastructure).
• At least 5 years of professional experience as Compliance in the payment industry.
• Master 2 University Degree or equ. in Law, Criminal Law, Business Law.
• Clear and sound knowledge about the laws and regulations application to a FCA-licensed API & EMI in the United Kingdom.
• Expertise in compliance areas within a financially regulated company including namely AML/TF, Risk & Permanent Control, Consumer Duty and APP fraud reimbursement.
• Business-minded and able to support the development of innovative payment services.
• Expertise with Crypto is a strong plus.
• Experience working in an international and diverse environment.
• Excellent written and verbal communicator both in English, Spanish speaking is a plus.
• High level of autonomy and proactivity.
• Ability to work well under pressure, different priorities, and tight deadlines.
• Collaborative work approach.
• CAMS & ICA Dip would be preferred.

What the job involves

• Based in London, reporting to the UK Compliance Manager & MLRO based in London, this role will support the compliance function in the United Kingdom, and will support [Employer hidden] activities all across the world where the license and registrations are used.
• This role is expected to partner with the Global Compliance function (including the Financial Crime team, the KYC team, and the Risk team, among others) and other cross-functional teams (Legal, Account Management & Business Development, Finance & Treasury, Product etc) based across the world.
• The role is an office-based role, based out of the Company’s offices in London.
• The position provides an exciting opportunity to work on an international stage, alongside household names, and join a rapidly growing FinTech company making a real impact on the lives of people in developed and emerging markets alike.
• Reviewing the adequacy of Customer Due Diligence (CDD), Know Your Customer (KYC), Know Your Business (KYB), source of funds, client information, client profiling and suitability during the account opening process - ensuring that financial crime risks are assessed and mitigated, meeting all best practice, regulatory and statutory requirements.
• Provide guidance and support to senior management and the board regarding the firm's risk-based approach to AML/CTF.
• Support and manage client reviews (sometimes onsite) conducted by [Employer hidden] as part of enhanced due diligence activities.
• Conduct regular risk assessments to identify potential money laundering and terrorist financing risks and assess the effectiveness of the controls that the firm has put against these risks.
• Working with the business to ensure that the firm establishes and maintains appropriate policies, procedures, systems and controls, monitoring reviews and support for external regulatory obligations.
• Develop and strengthen relationships to promote best practice and ensure a good understanding of Financial Crime requirements.
• Contribute to the design of the Policies and the Compliance Programme.
• Execute the Compliance Monitoring Programme by producing quality reviews.
• Report to management on levels of compliance assurance (including KPI/KRIs and trend indicators), external provider performance and/or any issues arising from specific monitoring activity.
• Liaise with local law enforcement and regulators to resolve issues - investigating any suspicion raised for a suspicious transaction, in consultation with MLRO and preparing SAR reports to UK FIU (NCA).
• Providing support to line management in its liaison with regulators, auditors (internal & external) other group companies and external organisations where appropriate.
• Build and maintain positive communications with financial regulators and other critical stakeholder relationships.
• Provide Financial Crime education, awareness and training to the business as required.
• Work with L1 and L2 to promote and embed a culture of compliance across [Employer hidden], particularly in AML/CTF and Sanctions.

Salary Benchmarks

Risk & Compliance

Expert, Senior

£50k - £130k

Company Benefits

• Bonuses
• Regular learning opportunities
• Volunteering opportunities

About the Company

The way we pay has changed considerably in recent years, but sending international payments online can still be time-consuming and overly complex. [Employer hidden] solves this problem by making cross-border payments quicker and easier. [Employer hidden] allows businesses to process payments anywhere in the world, improving their revenue. The company has managed to differentiate itself from traditional payment platforms thanks to their flexibility, transparency and low cost. They have also avoided competing with payment giants such as PayPal, who they now number as a customer. Other clients include Uber, Deliveroo and Grab. In 2023 [Employer hidden] opened offices in Beijing after entering the Chinese market in 2021. This coincides with $60 million in Series C funding that is going towards the expansion of [Employer hidden] into new markets via cross-border payments which, alongside China, include Latin America and the Middle East. This indicates a strengthened global reach for [Employer hidden].

How to Apply

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