Deputy Mlro - Cardiff, United Kingdom - zero effort nonbank (ZEN)

zero effort nonbank (ZEN)

Verified Company

Cardiff, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We're inviting you to work together on a tool that will help customers from all over the world manage their money with zero effort.

Join the ZEN team now and change the world of finance for the better. At ZEN you will get to work with a lot of exciting new technologies.
We are looking for a
Deputy MLRO to join our team in UK / Remote (hybrid).

If you are looking for challenging projects in a start-up environment with high autonomy and ownership this offer is for you.

Deputy MLRO - ZEN UK

Responsibilities

Act as the Deputy MLRO for ZEN UK as a FCA licenced EMI reporting to ZEN UK's Head of Risk, Compliance and MLRO.
Lead on all aspects of core compliance including AML/CTF/PF as well as sanctions and antibribery and corruption.
Maintain effective oversight over all financial crime processes, including outsourced processes.
Ensure all applicable policies and procedures are in place, updated in line with legislative requirements and industry guidance and approved by Senior Management / Board as necessary.
Assess new and existing customer relationships and update risk assessments as necessary.
Assist in the development and maintenance of a strong compliance culture.
Enhance existing financial crime processes and controls and advise on the implementation of new controls that reflect changing business and regulatory requirements.
Maintain a robust businesswide risk assessment methodology and perform the risk assessment on an at least annual basis, including an assessment of the effectiveness of controls.
Conduct ad hoc internal reviews in operational areas in order to identify operational weaknesses and inadequate controls, which might give rise to financial loss or other operational risks. Propose/implement solutions to problems identified by management.
Ensure prompt investigation of internal suspicious activity reports (SARs) and ensure the timely submission of external SARs.
Help to maintain relationships with the Financial Conduct Authority (FCA) and other regulatory bodies as appropriate and promptly respond to any requests for information.
Maintain relationships with law enforcement agencies and respond to requests for information in a timely manner.
Help to submit regulatory reports to the FCA.
Perform horizon scanning for new and upcoming changes to regulatory requirements impacting ZEN UK's financial crime processes and report to internal governance forums.
Help to ensure that ZEN UK meets all new regulatory requirements including translating new regulations into understandable business requirements, working with other teams within the ZEN family to ensure delivery of any new requirements to ensure compliance.
Help to report regularly to the senior management team and the Board on emerging compliance and AML issues, including an annual MLRO report to the Board.
Deliver compliance training to ZEN teams and ensure that the standards and scope of all training is appropriate.

Requirements:

Minimum 5 years of experience in the UK financial services industry ideally within the payments sector, with a focus on AML/CTF compliance
At least one previous Deputy MLRO role held.
Experience working in UK licenced a EMI firm preferred
Additional compliance qualifications preferred (e.g. International Compliance Association or ACAMS)
Excellent written and verbal English communication skills with a strong attention to detail
Experienced in working collaboratively across different teams and departments.
Good organisational skills and time management.
Flexible mindset and a willingness to roll up your sleeves and assist in various compliance functions across the ZEN family as needed.
Flexibility working across multiple projects and tasks in a fastgrowth environment
Be a UK resident.

What we offer:

Competitive salary,
A noncorporate working atmosphere in a professional team focused on common goals,
Work in rapidly growing international organization,
Work available immediately,
Elastic schedule,
Internal and external trainings.