Compliance Leader & MLRO (SMF16/17)

Mphasis; Wolverhampton; On-site; GBP 120,000 - 190,000; Full time

Job summary

Mphasis UK Ltd, Wolverhampton, seeks an experienced executive to lead the Compliance Oversight & Money Laundering Reporting Officer function. The role combines regulatory oversight with AML/CTF governance and reporting to the Board.

The successful candidate will hold SMF16/SMF17 responsibilities, ensure Consumer Duty outcomes, maintain effective controls, and guide senior management on regulatory developments and risk management.

Qualifications

• Experience in an FCA-regulated financial services environment.
• Strong knowledge of FCA Handbook including CONC, SYSC, DISP and Consumer Duty.
• Experience developing, implementing or monitoring compliance frameworks and controls.
• Experience in compliance monitoring, regulatory advice and risk assessments.
• Knowledge of AML, sanctions and financial crime requirements.
• Experience presenting compliance matters to senior management.

Responsibilities

• Lead the firm's Compliance and Financial Crime function, providing independent oversight of regulatory compliance.
• Act as SMF16 (Compliance Oversight) and SMF17 (MLRO), subject to FCA approval.
• Develop, implement and maintain a robust compliance framework aligned with regulatory requirements.
• Design and deliver a risk-based Compliance Monitoring Programme with thematic reviews.
• Provide independent regulatory advice to senior management and the Board.
• Oversee Consumer Duty framework and customer outcomes.
• Monitor regulatory developments and ensure timely implementation of changes.
• Prepare and present regular compliance and financial crime reports to the Board.

Skills

FCA compliance

AML/CTF knowledge

SMF16/SMF17

Leadership

Regulatory reporting

Stakeholder management

Consumer Duty

Education

Degree in law/finance/business

Professional compliance qualification desirable

Job description

Mphasis UK Ltd, Wolverhampton, seeks an experienced executive to lead the Compliance Oversight & Money Laundering Reporting Officer function. The role combines regulatory oversight with AML/CTF governance and reporting to the Board.

The successful candidate will hold SMF16/SMF17 responsibilities, ensure Consumer Duty outcomes, maintain effective controls, and guide senior management on regulatory developments and risk management.