Rev & Regs are recruiting for a Head of Compliance and MLRO position for a dynamic and well-established Payments company in the City of London.
Responsibilities:
* Analyse internal business systems to ensure compliance with industry regulations and ethical standards.
* Lead and develop the regulatory compliance framework for a regulated EMI business.
* Design and implement the compliance monitoring program.
* Assist in the creation, modifying, updating and implementing of the company’s policies.
* Manage the risk management strategies.
* Manage the necessary SAR reporting to law enforcement and regulators as required
* Design control systems to address cases of violation of internal business policies.
* Design ongoing training programs for employees of the business.
* Liaise with other departmental heads to ensure that all business operations are in line with business policies.
* Advise the top management on business operations relating to investment, risks and any other policy development.
* Client onboarding – KYC and AML.
* Client compliance – APP and Operations.
Experience:
* Experience working in the payments sector within a similar role.
* Previous experience working for an EMD / EMI in a Head of Compliance and MLRO role.
* Experience in risk management.
* Good verbal and written communication skills to inform and educate employees, and also to file correct and accurate compliance reports with regulating agencies.
* Sound knowledge of legal requirements and controls such as Anti Money Laundering.
* A Batchelor’s degree in a relevant discipline such as Economics, Law, Accounting, or Finance.
Salary: £100,000 plus bonus
Location: Hybrid (3 days per week in City of London)