About us: MiFinity is a dynamic, licensed, and regulated fintech leader offering cost-effective, end-to-end payment solutions for businesses, merchants, and consumers. With over 20 years of experience in online payments, we have built a highly secure technology platform and a growing global network of financial and banking partners. Our core service, the MiFinity eWallet, enables seamless money transfers worldwide through our extensive bank network and local payment options. As we continue to expand across multiple global verticals, we foster a collaborative, inclusive work environment while maintaining a start-up culture that values flexibility, autonomy, and innovation across all of our offices in Dublin, Malta, and Belfast.
About the role: This role holds a crucial position at MiFinity, ensuring that the company adheres to legal and regulatory requirements, including anti-money laundering efforts, GDPR, and risk. The role reports directly to the CEO, ensuring that financial and operational procedures within MiFinity comply with all relevant and applicable laws and regulations.
Responsibilities:
* Regulatory returns.
* Owning and fixing compliance issues as and when detected.
* Key event reporting and liaising with third parties to identify route cause and solution.
* Dealing with ad hoc complaints escalations as and when required.
* Managing MLRO activities with SAR submissions.
* Chairing the Monthly Compliance Governance meetings.
* Assisting with compliance training for all staff.
* Providing compliance reports to Senior management.
* Contributing to Board of Management Quarterly Board meeting.
* Assisting with general Admin for the CEO of Compliance and wider Legal and Compliance team.
* Notifying regulator of any material changes, license variations and application.
* Assisting teams within the Business as and when required which will help to expand your business and Product knowledge.
* Interaction with Malta Compliance/MLRO manger in our Maltese Office.
* Money Laundering Reporting Officer (MLRO) for the company’s operations under the FCA.
* Company’s policy maker and take charge of the AML policies and procedures to adhere to the regulatory requirements and update management and other departments.
* Maintain knowledge of all AML regulations and potential changes affecting the Company.
* Ensure that all AML/CFT documentation is constantly kept updated and reflective of compliance requirements and regulatory expectations.
* Ensure that the company adheres to all record-keeping obligations from an AML/CFT perspective at all times.
* Execute Business Risk Assessments with respect to the relevant operations of the company on a periodic basis.
* Take necessary action deriving from changes in national risk assessments, high-risk countries and/or sanction lists issued and updated by various authorities and/or regulatory bodies in the respective jurisdictions.
* Set out the relevant framework for the purposes of conducting Customer Risk Assessments.
* Propose risk mitigating measures to be applied for the purposes of addressing AML/CFT risks to which the company is exposed.
* Act as the escalation point for internal reports raised by employees of the Company.
* Submit reports to the NCA under objective and subjective criteria and analyse and respond to information or other requests from the relevant enforcement authorities and/or regulatory bodies.
* Act as point of contact for the investigation unit in relation to investigating and assessing complex cases, Enhanced Due Diligence and/or relevant KYC documentation.
* Assist in any internal/independent/regulatory audit covering matters related to AML/CFT.
* Provide regular reports and/or updates to senior management as necessary and required.
Requirements:
* Graduate degree in business studies, law, accounting or specific training in risk management.
* Extensive knowledge of regulatory and legal framework in fintech.
* Ability to maintain strict confidentiality.
* Ability to multi-task and lead multiple teams effectively.
* Strong oral and written communication skills.
* Background in gaming, banking, financial payments industries with minimum of 3 years of experience working at a senior level.
* Ability to strategize and measure strategy effectiveness.
* Proven track record of managing teams.
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