Head of UK Compliance and MRLO

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

Job summary

A leading fintech company is seeking a UK Head of Compliance and MLRO, responsible for overseeing compliance programs, managing regulatory relationships, and ensuring adherence to AML and CTF laws. The role demands extensive experience in compliance within the financial sector.

Benefits

25 days annual leave

Discretionary bonus

5% matched pension

2 days for Volunteer Charity work

Private Health

Flexible Working

Qualifications

• 7+ years of experience in compliance, preferably in fintech, payments, or digital banking.
• Prior experience as an MLRO or deputy MLRO in a regulated environment.
• Extensive knowledge of PSD2 and AML/CTF regulations.

Responsibilities

• Design and implement an effective compliance framework.
• Act as the primary point of contact for UK regulators, including the FCA.
• Monitor transactions for suspicious activity and file reports.

Skills

Analytical skills

Decision-making

Problem-solving

Leadership

Stakeholder management

Communication

Job description

The world of payment processing is rapidly evolving, and businesses are looking for loyal and strategic partners, to help them grow.

Meet Nuvei, the Canadian fintech company accelerating the business of clients around the world. Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 700 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.

At Nuvei, we live our core values, and we thrive on solving complex problems. We’re dedicated to continually improving our product and providing relentless customer service. We are always looking for exceptional talent to join us on the journey!

Role Overview

As the UK Head of Compliance and MLRO, you will be responsible for the development, implementation, and oversight of the company’s compliance program, including anti-money laundering (AML), counter-terrorism financing (CTF), and regulatory reporting obligations within the UK. You will act as the primary liaison with regulators, ensure ongoing adherence to local and international laws, and provide strategic compliance guidance to the leadership team.

Key Responsibilities:

• Design, implement, and maintain an effective compliance framework aligned with applicable laws and regulations (e.g., PSD2, PSR and AML Directive).
• Advise the executive team on emerging regulatory changes, risks, and strategies.
• Lead and scale the compliance function across the UK working closely with Compliance Officers in our other regulated entities, ensuring alignment with global and local regulatory frameworks.
• Ensure full compliance with the Payment Services Regulations (PSRs), including safeguarding requirements and reporting obligations.
• Act as the primary point of contact for UK regulators, including the Financial Conduct Authority (FCA).
• Develop and deploy internal compliance policies, procedures, and training programs.
• Ensure the business remains compliant across products, customer journeys, and jurisdictions.
• Act as the nominated MRLO for AML reporting and investigations.
• Monitor transactions and customer activity for suspicious patterns or behaviors.
• File Suspicious Activity Reports (SARs) and other regulatory reports as required.
• Provide oversight of Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and Know Your Customer (KYC) processes collaborating closely with our underwriting and risk operations teams.
• Develop and provide routine compliance reporting for internal and external stakeholders. Collaborating with other regional risk and compliance leaders as appropriate.
• Collaborate with Product, Legal, Risk, and Operations to embed compliance into business workflows.

• 7+ years of experience in compliance, preferably in fintech, payments, digital banking, or crypto.
• Prior experience as an MLRO or deputy MLRO in a regulated environment.
• Extensive knowledge of PSD2 and AML/CTF regulations and international frameworks (FATF, EU AMLD, etc.).
• Proven track record interacting with financial regulators and law enforcement agencies.
• Exceptional analytical, decision-making, and problem-solving abilities.
• Strong leadership, stakeholder management, and team-building skills.
• Ability to translate regulatory requirements into practical business processes.
• Excellent communication, report-writing, and presentation skills.
• Comfortable working in a fast-paced, high-growth, and tech-driven environment.

• 25 days annual leave
• Discretionary bonus
• 5% matched pension
• 2 days for Volunteer Charity work
• Private Health
• Flexible Working

Nuvei is an equal-opportunity employer that celebrates collaboration and innovation and is committed to developing a diverse and inclusive workplace. The team at Nuvei is comprised of a wealth of talent, skill, and ambition. We believe that employees are happiest when they’re empowered to be their true, authentic selves.So, please come as you are. We can’t wait to meet you.