Chief Compliance & MLRO – Regulatory Oversight

Mphasis; Birmingham; 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 FCA regulatory compliance and AML/CTF arrangements. You will fulfil SMF16 and SMF17 roles, oversee consumer duty, and report to the board on regulatory risks.

The role involves leading the compliance and financial crime function, maintaining risk-based monitoring, and advising senior management on regulatory developments and governance.

Qualifications

• Significant FCA-regulated financial services experience.
• Strong knowledge of the FCA Handbook, including Consumer Duty and SM&CR.
• Experience developing, implementing or monitoring compliance frameworks.
• Experience of AML, CTF, sanctions and financial crime requirements.
• Experience presenting compliance matters to senior management and board.

Responsibilities

• Lead the firm's Compliance and Financial Crime function with independent oversight.
• Act as SMF16 (Compliance Oversight) and SMF17 (MLRO) subject to FCA approval.
• Develop, implement and maintain a risk-based Compliance Monitoring Programme.
• Oversee AML/CTF, sanctions and regulatory reporting processes.
• Provide regulatory advisory support to senior management and the Board.

Skills

FCA expertise

Regulatory reporting

Compliance monitoring

AML/CTF

Stakeholder mgmt

Communication

SM&CR knowledge

Education

Degree or equivalent

Compliance qualification / working towards

AML or Financial Crime qualification desirable

Job description

Mphasis UK Ltd is seeking a Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer to provide independent oversight of FCA regulatory compliance and AML/CTF arrangements. You will fulfil SMF16 and SMF17 roles, oversee consumer duty, and report to the board on regulatory risks.

The role involves leading the compliance and financial crime function, maintaining risk-based monitoring, and advising senior management on regulatory developments and governance.