Head of Compliance & MLRO: Regulatory Oversight

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

Job summary

Mphasis UK Ltd is seeking a Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer to provide independent oversight of the FCA regulatory framework and AML/CTF arrangements across the business.

The role covers SMF16 and SMF17 responsibilities, ensuring consumer duty outcomes, governance of Appointed Representatives and outsourced activities, and reporting to the Board on regulatory risks and improvements.

Qualifications

• Significant experience within an FCA-regulated financial services environment.
• Strong working knowledge of the FCA Handbook, including CONC, SYSC, DISP, Consumer Duty and SM&CR.
• Experience in developing, implementing or monitoring compliance frameworks, policies and controls.
• Experience in undertaking compliance monitoring, regulatory advice and risk assessments.
• Good understanding of AML, sanctions, customer due diligence and financial crime requirements.
• Experience in preparing management information and presenting compliance matters to senior management.
• Excellent communication, analytical and stakeholder management skills.

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 effective compliance framework and risk-based monitoring programme.
• Deliver regulatory advice and challenge to senior management and the Board.
• Oversee Consumer Duty framework and customer outcomes.
• Oversee Appointed Representative and outsourced regulated activities.
• Monitor regulatory developments and implement changes across the business.
• Report material compliance and financial crime risks to the Board/Authorities.
• Promote culture of compliance and ethical conduct throughout the organisation.

Skills

FCA-regulated experience

FCA Handbook knowledge

Compliance frameworks

Regulatory risk assessments

AML/financial crime knowledge

Management reporting

Communication

Education

Degree or equivalent

Compliance qualification in progress

AML/Financial crime qualification desirable

Job description

Mphasis UK Ltd is seeking a Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer to provide independent oversight of the FCA regulatory framework and AML/CTF arrangements across the business.

The role covers SMF16 and SMF17 responsibilities, ensuring consumer duty outcomes, governance of Appointed Representatives and outsourced activities, and reporting to the Board on regulatory risks and improvements.