Financial Crime jobs in United Kingdom

Moneycorppowers global payments for corporates, institutions and high net worth individuals, combining worldwide reach with local expertise. With over 45 years of market experience, two banking licences and offices in 11 countries, our technology delivers 24/7 accessibility, while our people deliver award-winning service. In 2024, we supported £79bn+ of international payments, reaching 190 countries in 130 currencies. Our 32k+ corporate clients benefit from our regulatory resilience with 63+ permissions globally, access to major payment rails, and proprietary technology.

Moneycorp is a place where energy, commitment to our shared success, and collaboration are core to our values. We’re restless in our drive to surpass the expectations of our customers and unlock opportunities to support them at every stage of their journey. The foundation of our success is our people, and nurturing a culture of belonging for all our colleagues is central to our journey as a global business.

Provide oversight and Compliance support to the firm’s payments entity (TTT Moneycorp Limited) and MiFID entity (Moneycorp Financial Risk Management Limited) in executing the firm’s Regulatory Compliance programme. The individual in question will be a business partner to the first line and provide compliance advisory, regulatory change management, regulatory reporting, and other compliance associated duties to enable business growth.

Support the delivery and as necessary lead in Regulatory Compliance responsibilities across both Central Compliance and Compliance Advisory disciplines, ensuring the firm meets its regulatory obligations and maintains robust governance standards.

Please note: This position requires a skillset and background in Regulatory Compliance and candidates whose experience is limited to financial crime will not be considered.

Responsibilities:

• Policy Management: Draft, update, and maintain compliance policies and procedures.
• Regulatory Change: Conduct horizon scanning, lead regulatory change initiatives, conduct impact assessments, and as necessary implement required actions or work with impacted stakeholders.
• Compliance Advisory: Provide guidance on MiFID and Payment Services Regulations, including but not limited to Consumer Duty, Financial Promotions, Product Governance, CASS, and Safeguarding.
• Financial Promotions: Review and approve financial promotions, marketing materials and mass client communications to support good customer outcomes.
• MiFID Onboarding: Perform second line of defence checks on client onboarding, including appropriateness and client categorisation.
• Accountability Framework: Partner with HR to manage SMCR and PSD individual accountability programmes.
• Complaints Handling: Prepare complaint files and draft responses for escalations to the Financial Ombudsman Service.
• Regulatory Reporting: Gather data, submit and/or provide advisory support on non-financial regulatory returns and notifications via RegData/Connect (e.g., Major Incident Reports, Complaints Returns, Directory Persons/SMF applications and EMIR Reporting).
• Compliance Universe: Map, document and maintain the firm’s Compliance Universe, from regulatory obligations to business controls and policies.
• Governance Support: Produce and enhance Management Information for Board and Committee reporting.

Knowledge and Experience:

• Background in regulatory compliance - Essential
• Horizon Scanning / Regulatory Change Experience – Essential
• Experience working within a MiFID firm, Bank, Payment Service Provider or Regulator - Essential
• Industry accredited professional qualifications e.g. CISI, ICA – Desirable
• Experience in liaising with regulators – Desirable

Technical Experience:

• Strong understanding and experience in carrying out SM&CR administrative tasks – Essential
• Experience in reviewing financial promotions – Essential
• Strong understanding and working experience of the Consumer Duty obligations - Essential
• Experience in CASS and/or Safeguarding oversight – Desirable
• Experience in EMIR Reporting – Desirable
• Experience in navigating the FCA handbook – Desirable

Skills and Competencies:

• The ability to work under pressure in a fast-paced environment
• Good organisational skills including prioritisation
• Clear communicator, both verbal and written
• Proficient in Microsoft Office suite of applications

Please note: This position is full-time, permanent. The role is expected to be office-based in Coventry as part of the UK Risk & Compliance team. However, we have an agile flexible working policy which enables you to work up to 2 days from home if desired.

This role offers a competitive salary and discretionary bonus, plus a benefits package including private medical health insurance.

If the role sounds like you, we invite you to upload a copy of your CV by clicking on theApply button.

Start Date: ASAP

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Moneycorp is proud to be an Equal Opportunity employer. Across our Group, Moneycorp maintains a philosophy that an inclusive company culture inspires creativity, fosters a sense of belonging, and is imperative to both personal and professional growth. With a makeup of 47 percent female employees, Moneycorp has a remarkably diverse workforce. Our commitment to inclusion and opportunity continues to evolve and improve as we listen and engage with our diverse teams.

All qualified applicants will receive consideration for employment without regard to age, colour, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, political affiliation, status as an individual with a physical or mental disability status as an individual with a protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Moneycorp believes that diversity is critical to our success in helping Corporate and Private Clients with their FX and International Payments requirements across the world and is committed to creating an inclusive, mutually respectful environment which celebrates diversity. We hire on the basis of talent, merit, competence, performance, and business needs.