Chief Compliance Officer / Money Laundering Reporting Officer

Overview

Are you a seasoned professional with expertise in financial crime risk management, a deep understanding of regulatory frameworks such as FCA and NCA, and a track record of leading high-performing teams?

We are seeking a talented Money Laundering Reporting Officer to join our tech client’s Risk and Compliance Solutions (RCS) function, overseeing compliance for the company’s Payments UK (APUK) and Capital Service Limited (ACS) orgs. This role offers a unique opportunity to make a significant impact in a dynamic and rapidly evolving environment.

This is a 6 months contract, offering up to £650 per day (PAYE). Equvalent of up to £169.000 per annum, pro rata (PAYE). 

Position Overview:

As the Money Laundering Reporting Officer, you will be responsible for leading the second line of defense compliance function, ensuring adherence to all legal and regulatory requirements related to Anti-Money Laundering (AML), Counter Terrorism Financing (CTF), Anti-Bribery, Criminal Financing, and Fraud. Reporting to the Head of UK Compliance, you will play a critical role in developing and maintaining a robust compliance framework across APUK and ACS, while providing guidance to internal stakeholders.

Key Responsibilities:

• Lead a team of regulatory and financial crime specialists, ensuring compliance with legal and regulatory requirements.
• Develop strategic relationships with internal teams and advise on significant compliance matters.
• Produce MLRO reports and provide ongoing monitoring of relevant developments in the regulatory environment.
• Act as a thought leader on financial crime prevention and provide executive challenge on risk assessments.
• Enhance oversight mechanisms and metrics for financial crime oversight.
• Advise on Compliance and AML/CTF Policy interpretation and resolve breaches and violations when required.
• Oversee ongoing training and regulatory reporting activities.

Top skills:

1. Financial crime expert/risk management
2. Knowledge of regulatory framework, FCA, NCA, etc.
3. Proven track record in driving high-performing teams.

Basic Qualifications:

• Significant experience in second line compliance, particularly in AML, CTF, Economic Sanctions, and Fraud Risk Management.
• Excellent understanding of the current Financial Crime Prevention environment, relevant regulations, and legislation.
• Ability to perform financial crime risk assessments and recommend improvements.
• Exceptional written and verbal communication skills.
• Demonstrated ability to drive results in fast-paced environments.
• Capability to work independently and exercise sound judgment.

Preferred Qualifications:

• Payments or e-commerce compliance background.
• Experience working with international teams across multiple time zones.
• Professional certification such as ICA, CISI, CAMS, or CRCM.

The next steps will be shared with shortlisted candidates by EOD on Tue 23rd April 2024.

We’re looking forward to hearing from you!