Head of Compliance & MLRO

InterQuest Group; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A cutting-edge FinTech company in London is seeking a Head of Compliance & MLRO to lead their compliance strategies and ensure adherence to UK regulations. The successful candidate will drive the acquisition of an EMI license and leverage technology to optimize compliance processes, playing a critical role in reshaping financial services.

Qualifications

• Proven experience in Compliance within FinTech or banking.
• Success in obtaining an EMI license.
• In-depth knowledge of UK financial regulations.

Responsibilities

• Spearhead EMI license acquisition ensuring FCA compliance.
• Oversee adherence to UK financial regulations.
• Develop risk management strategies and automate compliance processes.

Skills

Leadership

Regulatory Compliance

Risk Management

Automation Knowledge

AML & KYC Knowledge

Job description

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Head of Compliance & MLRO
London

About the Company:
I'm working with a cutting-edge, tech-driven FinTech company that is reshaping the financial services landscape through automation and innovation. With a mission to simplify and enhance financial processes for individuals and businesses, they are now seeking a Head of Compliance & Money Laundering Reporting Officer (MLRO) to join their dynamic team. The company culture is forward-thinking, and they embrace technology as a core driver of success, enabling efficiency and scalability.

Key Responsibilities:

• EMI License Acquisition: Spearhead the process of obtaining an Electronic Money Institution (EMI) license in the UK, ensuring compliance with all FCA and regulatory requirements.
• Regulatory Compliance: Oversee and ensure adherence to UK financial regulations, including anti-money laundering (AML), Know Your Customer (KYC), and Counter-Terrorist Financing (CTF) protocols.
• Risk Management: Develop and implement risk management strategies in line with regulatory expectations and the company's business model.
• Automation-Driven Compliance: Leverage technology to automate compliance processes, driving efficiency and accuracy across the board.
• MLRO Duties: Act as the primary contact for regulators, ensuring all AML reports and risk assessments are timely and accurate.

Key Requirements:

• Proven experience in Compliance, ideally within FinTech or banking.
• Demonstrated success in obtaining an EMI license.
• In-depth knowledge of UK financial regulations, FCA, AML, and KYC processes.
• Strong leadership skills and ability to manage a compliance function in a tech-driven environment.