Senior Compliance Officer / MLRO

Rapyd; United Kingdom; On-site; GBP 40,000 - 80,000; Full time

Job description

Description

Rapyd has unified payments, payouts and fintech on one worldwide platform, and we're assembling the world's best team to liberate global commerce. With offices in Tel Aviv, Amsterdam, Singapore, Iceland, London, Dubai, Hong Kong, and the U.S., the opportunities at Rapyd are limitless.

We believe in straight talk, quick decisions, strong execution and elegant solutions. Rapyd is where hard work pays off and careers take off. Join us and let's build the future of fintech together.

As a Senior Compliance Officer and MLRO, you will play a pivotal role in ensuring the company adheres to all relevant UK regulatory requirements. Your responsibilities will include:

1. Ensure compliance with regulatory requirements for regulated EMIs, including Safeguarding, Complaint Handling, and Conduct of Business rules and consumer Duty requirements.
2. Monitor adherence to FCA rules and regulatory requirements for EMIs.
3. Develop and maintain AML/CFT policies, procedures, templates, and manuals.
4. Conduct compliance reviews on clients, internal processes, and overall practices.
5. Support the Chief Compliance Officer (CCO) with regulatory reporting, project scoping, data extraction, and submissions.
6. Perform Enhanced Due Diligence (EDD) for high-risk merchants, ensuring accuracy, timeliness, and completeness.
7. Collaborate with internal departments to improve process efficiencies, especially in product compliance.
8. Provide training and updates on compliance processes to enhance operational efficiency.

Requirements

To thrive in this role, you should meet the following criteria:

1. In-depth knowledge of compliance, AML, and the payments industry, focusing on the UK EMI regulatory framework.
2. Strong understanding of FCA rules and requirements, including Safeguarding, Complaint Handling, Consumer Duty, and Conduct of Business.
3. Excellent communication skills for engaging effectively with stakeholders and customers.
4. Minimum of 5 years of relevant experience, ideally within the payments or FinTech sectors.
5. Proven expertise in managing compliance and regulatory risks.
6. Solid understanding of regulatory requirements and ML/TF risk management.
7. Successful track record of managing complex projects.
8. Experience in building or enhancing compliance processes.
9. Ability to adapt and excel in a fast-paced environment.
10. Flexible and creative thinker who can navigate diverse situations.
11. A bachelor's degree in Law is required.
12. Relevant professional certifications such as CAMS are an advantage.

What We Offer

1. A challenging and rewarding role within a fast-growing organization.
2. The opportunity to shape compliance processes and frameworks in a dynamic industry.
3. A collaborative and supportive work environment.
4. Competitive salary and benefits package.

If you are ready to take on this exciting opportunity and bring your expertise to our team, we'd love to hear from you!