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  • Location: London
  • Salary: £120,000 pa per year
  • Job Type:Permanent

Posted 4 days ago

  • Sector: Financial Crime & Fraud
  • Contact: Pritesh Chudasama
  • Contact Email:
  • Contact Phone: 0203 637 1607
  • Expiry Date: 07 August 2024
  • Job Ref: PCH/11811(L)

MLRO required to oversee and manage all aspects of financial crime compliance within a leading B2B payments firm based in London.

The firm specialises in supporting a specific industry sector and has an outstanding reputation in the industry. It now requires a full-time MLRO to take it to the next level of its growth stage.

As the MLRO, you will have an excellent team to support you in managing all aspects of financial crime for the firm and absolute support from the senior leadership team.

Key Responsibilities for the MLRO include:

  • Ensure the company complies with all relevant Financial Crime regulations and guidelines set by the Financial Conduct Authority (FCA) and other regulatory bodies.

  • Identify, assess, and mitigate money laundering and fraud risks associated with the company's operations and products.

  • Act as the main point of contact for all AML and fraud-related matters, including reporting suspicious activities to the relevant authorities.

  • Develop, implement, and maintain comprehensive Financial Crime, AML and fraud prevention policies, procedures, and controls. You will be given the autonomy and support to push on with this.

  • As the MLRO, you will ensure regular AML and fraud prevention training sessions for staff so that they are aware of and understand compliance obligations and best practices to mitigate any regulatory failings.

  • Oversee ongoing financial crime monitoring of transactions and customer activities to detect and report suspicious behaviours, including potential fraud.

  • Conduct regular reviews and audits of AML and fraud prevention processes and systems to ensure effectiveness and compliance.

  • Work closely with internal departments, external stakeholders, and regulatory bodies to ensure cohesive and effective AML and fraud prevention compliance.

Key requirements:

  • Minimum of 7 years of experience in an AML or compliance role within the financial services or payments industry, coupled with strong expertise in fraud detection and prevention.

  • Strong understanding of AML regulations, FCA guidelines, fraud detection methodologies, and best practices in the payments sector.

  • Professional qualifications such as CAMS (Certified Anti-Money Laundering Specialist), Cifas (Cifas Insider Fraud Specialist), ICA Diploma in Anti-Money Laundering, etc.

If you are interested in this MLRO opportunity and would like to apply, please submit your CV. Alternatively, call Pritesh Chudasama on 0203 637 1607 for a confidential conversation.

Please note that feedback should not be received within 28 days due to the large volume of applications. Unfortunately, your application has been unsuccessful. However, I may be in touch with similar relevant opportunities.