W1siziisimnvbxbpbgvkx3rozw1lx2fzc2v0cy9nzxjqzs9qcgcvam9ilwjhbm5lci5qcgcixv0

Interim Compliance Manager & MLRO – 12 month contract

  • Location

    Hertfordshire

  • Discipline:

    Compliance

  • Job type:

    Contract

  • Salary:

    £55,000-£75,000 basic salary or £300-£400 day-rate

  • Consultant:

    Edward Manson

  • Email:

    emanson@merje.com

  • Job ref:

    EM/14646

  • Published:

    4 months ago

Our Client

A well established and highly successful Foreign Exchange & Payments business are currently looking to recruit an interim Compliance Manager & MLRO to provide maternity cover for 8-12 months.

The Role

You will be responsible for:

  • Oversee the development of the compliance strategy for the Company.

  • Work as the MLRO and the Nominated Officer.

  • Be responsible for the Regulatory relationships and relevant third parties in ensuring the Company achieves the required regulatory standard. 

  • Provide strategic and operational advice to the Company on all aspects of compliance processes and procedures applicable to the Company.

  • To protect the Company’s assets (and ensure compliance) by devising and maintaining a programme to ensure that the Company comply with its regulatory obligations.

  • Any identified issues related to the non-compliance or potential risks are to be reported the Risk Committee.

  • To carry out due diligence to assess the impact of any new business, processes and procedures from a risk point of view.

  • To assess controls, analyse data and draw conclusions about the adequacy and effectiveness of the Company policies, systems and practices.

  • Keep abreast of regulatory/legislative changes and codes of best practice, ensuring Company policies are updated to reflect any changes in these areas.

  • Design a framework to ensure all staff across the Company receive adequate training in areas of risk management.

  • To review transactions and recognise patterns in the data, where further investigation would be required.

Key Requirements

The ideal candidate for this position will have:

  • Prior experience as an FCA / Approved person and or/ experience of engagement with the FCA

  • Compliance and MLRO experience, specifically in payment services or Foreign Exchange

  • Strong knowledge and understanding of business risk assessment and management

  • Gravitas with excellent relationship building skills with a range of stakeholders

  • Excellent written and oral communication skills

  • Attention to detail

  • Self-starter, high levels of initiative and a strong work ethic

 

This is a fantastic opportunity to join a growing and highly motivated Compliance & AML team within a reputable FX firm.