Onafriq

Compliance

• Support the maintenance and operation of the firm's compliance framework in line with FCA requirements
• Ensure day-to-day adherence to the Electronic Money Regulations 2011, Payment Services Regulations 2017, and FCA Handbook (SYSC, PRIN, DISP, Consumer Duty)
• Monitor regulatory developments and flag relevant changes to the Group Director of Compliance
• Assist with regulatory reporting and timely submissions to the FCA under the direction of the Group Director
• Provide first-line compliance guidance to business teams on regulatory matters
• Act as the firm's in-country MLRO under the oversight of the Group Director of Compliance & Group MLRO
• Manage Suspicious Activity Reports (SARs) and submissions to the UK National Crime Agency (NCA)
• Maintain the firm's AML/CTF framework in accordance with the Money Laundering Regulations 2017, POCA 2002, and the Terrorism Act 2000
• Oversee transaction monitoring, sanctions screening, and customer due diligence processes
• Conduct financial crime risk assessments and escalate material issues appropriately
• Maintain and update compliance policies and procedures, including AML/CTF policies, the Compliance Monitoring Programme (CMP), and conduct risk policies
• Carry out periodic compliance monitoring and testing activities
• Support internal investigations relating to compliance breaches
• Prepare compliance and financial crime reports for the local Board and Group BARC, with Group Director sign-off
• Act as a point of contact for day-to-day FCA interactions, escalating material matters to the Group Director
• Support supervisory reviews, information requests, and regulatory inspections
• Assist with the implementation of regulatory change
• Maintain SMCR responsibilities and up-to-date documentation
• Ensure staff receive appropriate compliance and AML training
• Promote a strong culture of compliance and ethical conduct across the UK business

Compliance Officer – MLRO