EXCLUSIVE: MLRO – FX (BANKING OR PAYMENTS) MLRO EXPERIENCE REQUIRED

Compliance Recruitment Solutions; London; Hybrid; GBP 100,000; Full time

Job summary

A growing Foreign Exchange & Payments business is seeking an experienced MLRO for a hybrid role in London, offering strategic oversight in AML/Financial Crime issues. This role involves managing compliance processes, liaising with regulators, and developing risk management protocols, crucial for the company's growth and compliance strategy.

Qualifications

• Experience as an MLRO from a similar FX/Payments business or Bank.
• In-depth knowledge of UK AML & Financial Crime regulations.
• Ability to operate at a strategic level and advise Leadership Team.

Responsibilities

• Liaise with departments within the firm and take ownership of the API regulatory process.
• Manage compliance policies and act as first contact with Regulators.
• Design internal measures for Money Laundering prevention.

Skills

AML knowledge

Financial Crime regulation

Risk Management

Compliance supervision

Job description

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EXCLUSIVE: MLRO – FX (BANKING OR PAYMENTS) MLRO EXPERIENCE REQUIRED, London

Client:

Compliance Recruitment Solutions

Location:

London, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

Job Reference:

4fe506abbe16

Job Views:

3

Posted:

29.06.2025

Expiry Date:

13.08.2025

Job Description:

S Posted by Recruiter/Support Consultant

EXCLUSIVE: MLRO – FX (BANKING OR PAYMENTS) MLRO EXPERIENCE REQUIRED

Ref: 4118G2

£100K + Benefits & Bonus Hybrid (London)

We have been exclusively appointed by our client, a growing international Foreign Exchange & Payments business with an exciting vision, to find a MLRO. Reporting directly to the CEO, you will have oversight for all AML & Financial Crime issues. Detailed responsibilities will include:

1. Liaise with all relevant business and support departments within the firm
2. Take ownership of the API regulatory process and subsequent supervision
3. Ownership and management of all policies and procedures, with periodic review and updates
4. Approve changes to documentation relating to compliance issues.
5. Act as the first point of contact with the Regulators and Law Enforcement agencies, upon commencement and during an investigation as a result of filing a report to the NCA.
6. Coordinate training to ensure staff are adequately aware of the compliance function and requirements in accordance with the rules and regulations.
7. Design the internal practices, measures, procedures, and controls relevant to the prevention of Money Laundering and Terrorist Financing and describe and allocate the responsibilities of each department involved.
8. Maintain a Risk Management and Procedures Manual regarding Money Laundering, SARS, and Terrorist Financing (AML Manual).
9. Apply monitoring mechanisms to assess the compliance levels of the departments and company employees.
10. Provide guidance for corrective measures where necessary and inform the Senior Management and Board of Directors where applicable.
11. Detect, record, and evaluate, at least annually, all risks arising from existing and new clients and merchants, new products and services, and update the systems and procedures accordingly.
12. Build and take accountability for the AML/CTF risk management program and conduct AML/CTF risk assessments.

You should have experience as an MLRO from a similar FX / Payments business or Bank with in-depth knowledge of UK AML & Financial Crime regulations. You should also be able to operate at a strategic level, advising the Leadership Team & Board, while also working independently in a dynamic, agile, and hands-on environment.

This role is offered hybrid with 4 days in the City of London office and 1 day WFH.

This is an excellent opportunity to join a small but growing business in a hands-on yet strategic role where you will be instrumental in the ongoing growth and development of the business.

We act as an employment agency in relation to this role.

The recruiter has stated that all applicants for this job should be able to prove that they are legally entitled to work in the UK. By applying, all candidates accept the above information and confirm that the provided information is true and accurate to the best of their knowledge.