Head of Compliance & MLRO – FCA-Regulated Oversight

Mphasis; South Shields; On-site; GBP 120,000 - 160,000; Full time

Job summary

Mphasis UK Ltd seeks a Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer (SMF16/SMF17) to provide independent oversight of the regulatory compliance framework and AML/CTF arrangements, across the principal firm and overseas Appointed Representative.

The role reports to the Managing Director and is accountable to the Board, with responsibility for developing controls, monitoring programmes, regulatory change management, Consumer Duty embedding, and timely reporting of

Qualifications

• Significant experience in FCA-regulated financial services.
• Strong knowledge of FCA Handbook including CONC, SYSC, DISP and Consumer Duty.
• Experience developing and monitoring compliance frameworks and controls.
• Experience in compliance monitoring, regulatory advisory and risk assessments.
• Good understanding of AML, sanctions and financial crime requirements.
• Experience presenting to senior management and the Board.

Responsibilities

• Provide independent oversight of regulatory compliance and financial crime frameworks.
• Act as SMF16 (Compliance Oversight) and SMF17 (MLRO) subject to FCA approval.
• Develop and maintain a risk-based Compliance Monitoring Programme.
• Provide regulatory advice and challenge to senior management and the Board.
• Oversee Consumer Duty framework and customer outcomes.
• Monitor Appointed Representative and outsourced activities.
• Report material compliance and financial crime risks to the Board and authorities.
• Promote culture of compliance and ethical behaviour.

Skills

Regulatory compliance

FCA knowledge

AML/CTF knowledge

Analytical thinking

Communication

Leadership

Education

Degree or equivalent experience

Professional compliance qualification

AML/Financial Crime qualification desirable

Job description

Mphasis UK Ltd seeks a Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer (SMF16/SMF17) to provide independent oversight of the regulatory compliance framework and AML/CTF arrangements, across the principal firm and overseas Appointed Representative.

The role reports to the Managing Director and is accountable to the Board, with responsibility for developing controls, monitoring programmes, regulatory change management, Consumer Duty embedding, and timely reporting of