Deputy Money Laundering Reporting Officer

The Fca; City of Westminster; Hybrid; GBP 50,000 - 70,000; Part time

Job summary

A London-based FCA-regulated payments FinTech is seeking an experienced Deputy Money Laundering Reporting Officer (DMLRO) for maternity cover. This critical role supports the MLRO in ensuring compliance with UK AML/CTF regulations and the firm's financial crime frameworks. Responsibilities include acting as Deputy, overseeing customer due diligence processes, and supporting audits. Candidates should have a strong background in payments, solid UK AML knowledge, and experience in a high-growth FinTech. Hybrid working is offered.

Qualifications

• Proven experience as a DMLRO, AML Manager, or senior AML/Financial Crime professional within an FCA-regulated firm.
• Solid working knowledge of UK AML regulations, JMLSG guidance, POCA, MLRs, and sanctions regimes.
• Previous experience in a scale-up or high-growth FinTech environment.

Responsibilities

• Act as Deputy to the MLRO, supporting day-to-day AML/CTF operations.
• Assist in the oversight and maintenance of the firm's AML, CTF, sanctions, and financial crime frameworks.
• Review and assess suspicious activity, including investigation and escalation of SARs.

Skills

Strong background in payments, e-money, PSPs, or FinTech

Strong stakeholder management and communication skills

Comfortable working with transaction monitoring systems and AML tooling

Experience reviewing and escalating SARs

Ability to operate independently while supporting a regulated senior function

Education

AML or financial crime qualifications (ICA, ACAMS, or similar)

Job description

We are a London-based FCA-regulated payments FinTech seeking an experienced Deputy Money Laundering Reporting Officer (DMLRO) to join the business on a fixed-term maternity cover. The role will support the MLRO in ensuring the firm's compliance with UK AML/CTF regulations, financial crime frameworks, and regulatory obligations relevant to the payments sector. This is a hands-on role suited to someone comfortable operating in a fast-paced FinTech environment with exposure to complex payment flows, PSPs, and international customers.

Responsibilities

• Act as Deputy to the MLRO, supporting day-to-day AML/CTF operations
• Assist in the oversight and maintenance of the firm\'s AML, CTF, sanctions, and financial crime frameworks
• Review and assess suspicious activity, including investigation and escalation of SARs to the MLRO
• Support regulatory reporting and interaction with the FCA, auditors, and external stakeholders
• Oversee customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring processes
• Advise the business on AML and financial crime risks related to new products, payment flows, and partnerships
• Support periodic risk assessments, including Business-Wide Risk Assessments (BWRA)
• Assist with policy reviews, updates, and implementation aligned with regulatory change
• Provide guidance and training to the business on AML/CTF obligations and best practice
• Support internal audits, compliance testing, and remediation activity. Proven experience as a DMLRO, AML Manager, or senior AML/Financial Crime professional within an FCA-regulated firm

Qualifications

• Proven experience as a DMLRO, AML Manager, or senior AML/Financial Crime professional within an FCA-regulated firm
• Strong background in payments, e-money, PSPs, or FinTech (essential)
• Solid working knowledge of UK AML regulations, JMLSG guidance, POCA, MLRs, and sanctions regimes
• Experience reviewing and escalating SARs
• Comfortable working with transaction monitoring systems and AML tooling
• Ability to operate independently while supporting a regulated senior function (SMF)
• Strong stakeholder management and communication skills, Previous experience in a scale-up or high-growth FinTech environment
• Exposure to cross-border payments and higher-risk jurisdictions
• AML or financial crime qualifications (ICA, ACAMS, or similar)
• Opportunity to step into a senior AML role within a regulated payments business
• High-impact role with visibility across the organisation
• Hybrid working and a collaborative FinTech culture