Company Description
Breinrock is a global premium brand offering fintech payment solutions, including multi-currency accounts, cross-border payments, designated IBAN accounts, and more. Our team is dedicated to providing clients with a full range of products and services to meet their banking needs with a focus on custom neo-banking solutions and personal service. Our passionate teams from Dubai, Toronto, London, Limassol and Prague offices are dedicated to pin providing World Class service and payment solutions to our clients around the Globe. If you love what you do, have genuine passion for excellence and wants to be part of fast-growing company then Breinrock is place to be!
Role Description
This is a full-time on-site role for a Head of Compliance / MLRO UK located in London, UK. The role involves ensuring regulatory compliance, managing compliance processes, and overseeing legal compliance within the organization on a day-to-day basis.
Objective
Fast and accurate compliance service with focus on several segments such as proper screening and monitoring a well reporting process. Directly reporting to Director and Group MLRO liaise with other units/departments PT/FO
Responsibilities
Operational:
Prepare, develop internal and Group company policies and see that they are respected as per request of Group Compliance Head
Monitoring and executing Compliance policies in domicile market (UK)
Make sure the organization has a clearly defined program for complying with the country’s laws
Constantly report to management concerning the organization’s compliance with laws and regulations
Take action in dealing with noncompliance situations, creating realistic plans to overcome them
Conduct regular audits to identify potential weaknesses and noncompliance situations
Communicate with employees and make sure everyone is aware of what they need to do to comply with internal and external laws and regulations
Document the firm's risk-based strategies and the basis for risk assessment and monitoring
Ensure the immediate investigation of all internal suspicious activity reports received
Ensure the submission of a SAR to the relevant law enforcement agency regarding all suspicions that have substance
Represent the firm to all external agencies, e.g. regulators or law enforcement agencies, and in any other third-party enquiries related to money laundering prevention, investigation or compliance
Promptly respond to any reasonable request for information from the regulator and/or law enforcement agencies
Monitoring Onboarding Team
Liaise with PT on on-boarding process and AML Monitoring
Liaise with PT on supporting documents
Liaise with FO /Seles and Growth on acquiring new customers
Participating in identification process of potential clients or dedicate person from On Boarding Team
Participating on boarding process as per procedure 1.1 FO/Sales and Growth
Coordinate with external providers that affect compliance with regulations
Participate in project management related to Compliance and new products
Responsible for identification of clients
Responsible for accuracy of documents
Responsible for 360 degree KYC/KYB process
Responsible for WC, AML, Risk Assessment and monitoring tools
Organizing trainings for BO /Compliance team
Participate in all Group projects as per request of Director/Group Compliance
Legal Parameter
Responsible as per regulatory requirements
Requirements
Excellent knowledge of PC
Proper communication with all team members as well as clients and partners
Previous extensive experience in Compliance industry ( Fintech / Banking is must )