Head of Compliance & MLRO

CRS; England; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading fintech company in the United Kingdom is seeking a Head of Compliance / MLRO to lead their regulatory compliance framework. You will be responsible for ensuring adherence to FCA requirements, leading the FCA licence application process, and overseeing a robust compliance and financial crime programme. The ideal candidate will have significant experience in fintech compliance, excellent stakeholder management skills, and a strong understanding of the UK regulatory landscape.

Qualifications

• Experience in financial services compliance and regulatory frameworks.
• Ability to lead FCA authorisation processes effectively.
• Strong stakeholder interaction capabilities.

Responsibilities

• Lead the FCA authorisation/licence application process.
• Develop and maintain a comprehensive compliance monitoring plan.
• Serve as SMF17 (MLRO) and SMF16 (Compliance Oversight).
• Oversee AML/CTF framework and compliance training.
• Promote a strong compliance culture across the organisation.

Skills

Experience in fintech / payments / lending / wealth management

Proven experience as Head of Compliance, MLRO, or senior compliance manager

Leading FCA authorisation/licensing applications

Strong understanding of FCA rules and the UK regulatory landscape

In-depth knowledge of AML/CTF frameworks and the Money Laundering Regulations

Experience under the Senior Managers & Certification Regime (SM&CR)

Excellent stakeholder-management skills

Exceptional written skills for drafting policies and FCA documents

Job description

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Contract – 12 month contract depending on the assignment completion

My client is an innovative fintech with an award-winning lending solution distributed through brokers, direct to businesses & most recently through embedded finance with E-Commerce and Payment platforms.

We are now looking to recruit a Head of Compliance / MLRO to lead the firm’s regulatory compliance framework, ensuring full adherence to FCA requirements under the UK regulatory regime. The role is responsible for designing, implementing, and maintaining an effective Compliance and Financial Crime programme, acting as the firm’s primary contact with regulators. A key part of the role is to lead the FCA licence (authorisation) application process, ensuring a successful submission and ongoing regulatory approvals.

Key Responsibilities

Regulatory Governance & FCA Relationship

• Lead, prepare, and manage the FCA authorisation/licence application, including drafting regulatory business plans, compliance frameworks, policies, and supporting documentation.
• Act as the principal point of contact for the FCA, including interactions during authorisation, supervisory visits, and ongoing monitoring.
• Ensure the firm meets all obligations under the FCA Handbook (e.g., SYSC, SM&CR, COBS, CONC, MLRs, DISP, ICOBS—adjust based on sector).

Compliance Framework & Oversight

• Develop and maintain a comprehensive compliance monitoring plan.
• Create, update, and implement policies and procedures aligned with regulatory expectations.
• Oversee regulatory reporting, SM&CR responsibilities, complaints handling, conduct risk, and operational resilience obligations.
• Conduct internal compliance reviews and prepare management information for governance committees.
• Serve as SMF17 (MLRO) and SMF16 (Compliance Oversight).
• Oversee AML/CTF framework, including risk assessments, customer onboarding, transaction monitoring, and sanctions screening.
• Manage Suspicious Activity Reports (SARs) and act as the firm’s main liaison with law enforcement and the NCA.
• Deliver financial crime training across the business.
• Ensure compliance with the Money Laundering Regulations, JMLSG Guidance, Proceeds of Crime Act, and Sanctions regimes.
• Maintain and develop the firm’s risk management framework, including risk registers and control assessments.
• Identify emerging regulatory risks and propose mitigation strategies.
• Support operational risk, data protection, and governance functions as required.

Leadership & Culture

• Promote a strong compliance culture across the organisation.
• Provide training and guidance to staff on conduct, compliance, and regulatory expectations.
• Support the Board and senior management with strategic planning from a regulatory perspective.

Skills & Experience required

• Experience in fintech / payments / lending / wealth management
• Proven experience as Head of Compliance, MLRO, Deputy MLRO, or senior compliance manager in a regulated financial services firm.
• Demonstrated experience leading FCA authorisation/licensing applications for a financial services business ideally in the payments space – EMI License
• Strong understanding of FCA rules and the UK regulatory landscape.
• In-depth knowledge of financial crime regulations, AML/CTF frameworks, and the Money Laundering Regulations.
• Experience operating under the Senior Managers & Certification Regime (SM&CR).
• Excellent stakeholder-management skills, including interaction with regulators and executive leadership.
• Exceptional written skills for drafting policies, regulatory business plans, and FCA application documents.

Seniority level

• Mid-Senior level

Employment type

• Contract

Job function

• Other