About Us : The payments market is the most exciting technology market in the world today for good reason. McKinsey values it globally at over $2 trillion and it's growing between 13-15% year-on-year. Some of the largest most dynamic brands are investing in this sector; Apple has ApplePay, Google has GooglePay, Amazon has AmazonPay, and it's not just the Silicon Valley brands. Tencent owns WeChatPay, Alibaba owns Alipay and digital disruptors like Square, Stripe and Adyen all invest millions to grow the payments market. Planet are a technology company that's transforming payments by putting the customer experience first. We help our customers deliver a better experience for guests, shoppers, and consumers everywhere. We operate in a market that continues to evolve and expand, partnering with the world's most prestigious brands across Retail and Hospitality, and with a network of Financial Services partners worldwide. To meet consumer demands, payments must be simple, safe, and invisible. The only way to do this is to fully embed payments in the software and networks that runs business. By combining networks, software and payment technology, Planet's creating a world of connected commerce, that makes payments feel good. We're growing organically, and with strong Private Equity investors, Advent International and Eurazeo, we've the financial capital and expertise to grow our capabilities and reach through acquisition. Legal, Risk & Compliance Overview : The Legal Risk & Compliance team is the creative conscience of Planet - we partner closely with the business, look around corners and lead by example. As our core values in LRC, we are: Protective - Driven to protect the business from all manner of legal, regulatory, commercial, and compliance issues Progressive - Vigilant in anticipating the needs of the business amidst a dynamic payments industry and regulatory environment Practical - Creatively pragmatic in the design and delivery of legal, regulatory, commercial, and compliance support that advances our business With these values, we provide solutions that enables Planet's strategic business goals whilst meeting its regulatory obligations as we expand organically, geographically and by acquisition. Role Overview : We seek a Compliance Officer to serve as the Money Laundering Reporting Officer (MLRO) for Planet's UK-based payment institution license. The successful candidate will be a highly motivated Compliance professional looking for an opportunity to grow with an expanding Payments company. You will be passionate about applying your compliance knowledge as a business enabler and a proven problem-solver and be comfortable resolving CDD/KYC/EDD issues. You will be highly competent at working with the regulatory authorities in the UK, including the Financial Conduct Authority (FCA). The Chief Legal Officer leads the Group LRC function, and you will report to the SVP Compliance, who is responsible for the Group's AML Compliance program. What you will do : Hold the position as Planet's MLRO under the Company's payment institution license authorized by the FCA; Actively contribute to design and enforce the adequate regulatory compliance framework of the Company, including entities or activities which are not subject to financial supervision; Maintain Planet's payment institution licence and act as the primary contact with the FCA, ensuring all communication, reports and responses to regulatory requests are accurate, completed and submitted on time; Develop and maintain a risk-based compliance programme, comprehensively considering Planet's products and services, ensuring Planet's UK merchant acquiring business complies with applicable rules; Own, develop and update relevant UK-driven policies, procedures, and controls to manage all regulatory requirements, including safeguarding of funds, AML/CTF controls such as KYC, sanctions and PEPs, fraud and transaction monitoring, investigations, reporting, complaints handling, and operational controls and resilience; Review and assess the onboarding requirements for customers Be part of the second line of defence and as such handle individual cases, alerts and investigations escalated from the first line of defence; Submit reports relating to name screening, suspicious activity, and other reports to the NCA, FCA and any other regulatory body as required by applicable regulations; For activities under the supervision of the financial regulator and non-financial activities, perform risk assessments on products, services, processes, and tools to ensure identification of risk and development and institution of effective, mitigating controls ; Develop a set of compliance KPIs to report into the wider Group Compliance team and enterprise on a regular basis; Participate and provide comprehensive reports to relevant committees, including supervisory Board committees; Monitor the performance of service providers used to support AML/CTF control activities (e.g. IDV, sanctions and PEP screening, transaction monitoring, case management) Liaise with customers, financial partners, PSPs, intermediaries, service providers and o;thers in respect of AML/CTF compliance issues; Liaise and collaborate closely with and support other Group Company MLROs, compliance/risk professionals, Finance, Operations and Internal Audit; Horizon scan and report on regulatory developments and make suggestions with respect to related compliance policy and procedure enhancements; Contribute to providing training, guidance and thought leadership pieces on compliance and regulatory risk issues and trends to colleagues and Executive committees; Support internal/external audit reviews, define and ensure correct execution and ongoing monitoring of follow-up actions if required. Who you are : 7-10 years' experience as a compliance professional at a payment services provider, financial institution, bank, Fintech, financial regulatory agency, or professional services firm serving financial institution clients - all with a concentration or affiliation with UK regulatory schemes Excellent knowledge of AML/CTF regulations and experience managing AML/CTF programmes including drafting, implementing and enforcing financial crime policies, procedures, risk assessments and other governance control documentation Experience creating and delivering reports to the FCA regulatory authority Expert level of knowledge and experience of best practice risk management and governance frameworks and methodologies Experience in merchant acquiring payments, gateway, e-money or wallet products and services, banking functions, and/or merchant processing Strong academic record to degree level supported by any relevant sector related and / or professional qualifications including ACAMS and other professional certifications Hands-on expertise on systems, databases and tech solutions related to AML/CTF Bias to analysis as well as synthesis of data Self-motivated, "can-do" attitude to take ownership of work Ability to make quick and effective decisions Excellent communication skills with the credibility to gain respect internally and, to the extent appropriate to the role, externally with people at all levels Background in Law, Finance, or Economics Fluent in English. Additional EEA-31 languages will be considered a plus Why planet : Planet is an equal opportunity employer where diversity is valued, and all employment is decided based on qualifications, merit, and business need. Come and grow your career in the most exciting, fast paced technology market, with a business that delivers feel-good connected commerce. We would love to hear from you - Apply now.