Compliance Officer - London, United Kingdom - Trans-Fast Remittance London

Description

We've been a leader in cross-border payments for over 20 years, supporting communities in the United Kingdom with their international payments.

We understand the importance of family and friends, which is why we are focused on a seamless and superior customer experience.

Expanding into the e-money market, we're developing an all-in-one app and online banking platform that gives our customers the capability to manage their finances more efficiently; multicurrency accounts, FX, and crypto-currency wallets.

Our personal and business accounts can be managed from anywhere in the world from your mobile device, helping you improve your financial health, stay in control of your money, and become globally connected.

• Own and maintain UK & EEA regulatory governance, operating model and processes across financial crimes prevention, markets regulatory and central compliance functions.
• Act as a Certified Person undertaking controlled function SMF17 (Money Laundering Reporting Officer, ('MLRO')) for the prevention of money laundering
• Maintain the business' AML and counterterrorist financing policy and other financial crime policies, in line with evolving statutory and regulatory obligations.
• Ensure that regulatory examinations, reporting, and enquiries are handled appropriately and promptly.
• Be accountable for the definition and maintenance of the company's procedures and other documents related to ML/TF prevention area.
• Provide guidance to the team for the client onboarding (KYC) process, including ongoing monitoring and quality control testing.
• Provision of advice and assistance to the business on AML and wider financial crime matters.
• Remain up to date with regulatory and legislative changes.
• Conduct an annual financial crime risk assessment and develop policies and procedures to reflect the outcome appropriately.
• Manage a monitoring and reporting process to inform senior management on compliance with all financial crime policies and procedures

• 4yrs+ in the compliance domain, including 1yrs+ as MLRO/DMRLO
• Previously been an MLRO, or at least a DMLRO within the fintech/ payments/challenger bank space
• Good analytical skills, ability to work with clients' and transactions' data and share your conclusions
• Ability to oversee compliance and control activities within a global payment processing environment
• Knowledge and experience of best practices in UK financial services regulation, fraud detection methodologies, and emerging practices in financial crime and money laundering typologies
• Knowledge of the UK and EEA regulatory environment and key financial crime regimes
• Understanding of payment systems and markets with a focus on FinTech
• Gravitas to operate at a senior level reporting to the executive team and with the FCA as required.

• ICA / ACAMS qualification
• Understanding of Data Protection regulations

• Work from home

• Monday to Friday

• Performance bonus

• London: reliably commute or plan to relocate before starting work (required)

• Bachelor's (preferred)

• DMLRO: 1 year (preferred)