Compliance Lead
BVNK
Money Laundering Reporting Officer
NALA
full-time
Posted on:
Origin: • 🇬🇧 United Kingdom
Visit company websiteJob Level
Mid-LevelSenior
About the role
- Act as UK Money Laundering Reporting Officer (MLRO) and be a key leader demonstrating compliance to banking partners and government agencies
- Receive, assess, and escalate reports of suspicious financial activity and make Suspicious Activity Reports (SARs) when necessary
- Develop, maintain, and implement AML/CTF policies, procedures, and controls in line with regulatory requirements and best practice
- Provide AML/CTF training and ongoing guidance to employees
- Ensure NALA complies with relevant AML/CTF regulations, stay updated on regulatory changes, and adjust processes accordingly
- Conduct risk assessments to identify and mitigate AML/CTF risks and determine risk-based customer due diligence and monitoring
- Maintain accurate and accessible records including SARs, customer due diligence, and transaction records for regulatory purposes
- Strengthen compliance processes, improve transaction monitoring efficiency, establish global AML framework, and lead internal AML compliance reviews as part of success metrics
Requirements
- Previously acted as an MLRO and in good standing with the FCA
- 5+ years’ experience as a compliance professional at a payment services provider, financial institution, challenger bank or Fintech
- Experience creating and delivering reports to the FCA
- Expert level knowledge and experience of best practice risk management and governance frameworks and methodologies
- Experience in merchant acquiring payments, gateway, e-money or wallet products and services, banking functions, and/or merchant processing
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work collaboratively and lead cross-functional teams
- Familiarity with remittances into the African and Asian continents (nice-to-have)
- Experience working at a high-growth startup (nice-to-have)
