Head of Financial Crime & MLRO

JR United Kingdom; London; On-site; GBP 70,000 - 120,000; Full time

Job summary

A leading player in the FX & Payments industry is seeking an MLRO to oversee the Financial Crime framework in the UK. This role involves managing regulatory compliance, leading a small team, and ensuring the firm meets its commercial goals while adhering to financial crime regulations.

Qualifications

• Previous experience in the SMF17 role within a similar Financial Services firm.
• Strong knowledge of the regulatory landscape applicable to Payments/FX firms.
• Ability to manage financial crime change and transformation projects.

Responsibilities

• Assume SMF17 responsibility and act as primary contact with regulators.
• Oversee the firm's Financial Crime framework related to AML and Sanctions.
• Manage a small team and act as the main escalation point for financial crime queries.

Skills

Financial Crime Management

Regulatory Knowledge

Effective Communication

Job description

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Coopman Search & Selection has partnered with a leading player in the FX & Payments industry as they look for an MLRO to join the business. This role will oversee the UK business's Financial Crime framework, providing leadership and strategy to navigate Financial Crime and AML regulations.

Key Responsibilities

1. Assume SMF17 responsibility for the business, serving as the primary contact with regulators regarding financial crime queries.
2. Oversee the firm's entire Financial Crime framework related to AML, Sanctions, and other typologies.
3. Review existing controls, policies, and procedures, leading external audits when necessary.
4. Support the business in achieving commercial goals while advising senior leadership and sales teams on regulatory obligations.
5. Manage a small team of 1LoD and 2LoD colleagues and act as the main escalation point for SARs, alerts, and queries.

Core Competencies and Experience:

1. Previous experience in the SMF17 role within a similar Financial Services firm.
2. Strong knowledge of the regulatory landscape applicable to Payments/FX firms.
3. Ability to manage broad financial crime change and transformation projects, as well as daily activities.
4. Effective communication skills with stakeholders at all levels, promoting a strong compliance culture.

About the Company

As a Certified B Corporation, we operate differently, focusing on doing good. Recognized internationally for our commitment to sustainability, we value all stakeholders and aim for sustainable growth. As a Great Place to Work, we foster professional development and collaboration.