Chief Compliance & AML Oversight Leader

Mphasis; Southampton; On-site; GBP 110,000 - 150,000; Full time

Job summary

Mphasis UK Ltd is seeking a Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer to provide independent oversight of the regulatory compliance framework and AML/CTF arrangements across the business and its overseas operations.

The role covers SMF16 & SMF17, reporting to the Managing Director and accountable to the Board, with responsibility for ensuring FCA rules, Consumer Duty and risk-based monitoring are embedded in day-to-day operations.

Qualifications

• Significant experience within an FCA-regulated financial services environment (consumer credit, debt collection, debt administration or related)
• Strong working knowledge of the FCA Handbook (CONC, SYSC, DISP, Consumer Duty, SM&CR)
• Experience developing, implementing or monitoring compliance frameworks, policies and controls
• Proven ability to undertake compliance monitoring, regulatory advice and risk assessments
• Solid understanding of AML, sanctions, customer due diligence and financial crime requirements
• Experience preparing management information and presenting to senior management
• Excellent communication, analytical and stakeholder management skills
• Desirable: experience in Principal/Appointed Representative models and working with outsourced/offshore teams
• Professional qualifications in AML/financial crime desirable
• Eligibility to obtain FCA approval for SMF16/SMF17

Responsibilities

• Provide independent oversight of FCA rules, legislation and regulatory requirements
• Establish and maintain a risk-based Compliance Monitoring Programme
• Offer regulatory advice and challenge to senior management and the Board
• Oversee Consumer Duty framework and customer outcomes
• Oversee the Appointed Representative and outsourced activities
• Act as MLRO for AML/CTF, sanctions and financial crime controls
• Monitor regulatory developments and implement changes
• Report material compliance and financial crime risks to the Board and authorities
• Promote a culture of compliance, integrity and ethical conduct across the organisation

Skills

FCA regulations

Compliance oversight

Regulatory reporting

AML/CTF

Consumer Duty

SM&CR

Stakeholder management

Governance

Risk assessment

Regulatory change

Education

Degree or equivalent

Professional compliance qualification

Job description

Mphasis UK Ltd is seeking a Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer to provide independent oversight of the regulatory compliance framework and AML/CTF arrangements across the business and its overseas operations.

The role covers SMF16 & SMF17, reporting to the Managing Director and accountable to the Board, with responsibility for ensuring FCA rules, Consumer Duty and risk-based monitoring are embedded in day-to-day operations.