Interim Head of Compliance - Payment / FinTech

Company Morgan McKinley
Reference 10979
Sector Legal/Compliance
Town/City London
Locations UK, London
Job Type Permanent
Date Posted 13th Apr


Job Description

My client, a leading payments and FinTech business, is looking to appoint an interim head of compliance. The role has the potential to go permanent for the right individual. It is very much the view you will become SMF16 but do not need to have held that role previously but must have demonstrable compliance generalist, regulatory and financial crime knowledge ideally gained in a payments or FinTech business.

The role is currently stand alone however you will work closely with the leadership and other in house teams and be responsible for a range of duties including:

  • You will help build a compliance team to help enforce and promote an innovative culture of compliance
  • Keep up to date with AML/FT regulatory changes, including EU Directives and regulations, and develop and implement relevant changes to the compliance manuals, policies and procedures
  • Monitor compliance with relevant law and regulation, including 4/5AMLD, PSDII GDPR, consumer protection and privacy laws
  • Handle licence related processes and reporting to regulators and other external third parties, such as auditors and banks
  • Advise the business on all compliance-related matters, such as the regulatory implications of new and existing products, new market expansion, resolution of compliance-related incidents and gaps, enhancements to the firm's compliance framework and the review/approval of business activities as appropriate.
  • Act as the central point of escalation and contact for all AML/financial crime matters including onboarding new and monitoring existing clients, partners, vendors including due diligence and suspicious activity reporting and detecting and deterring financial crime.
  • Lead training and maintaining a culture of compliance

Skills and experience

  • Experience working as a Compliance Officer/generalist, MLRO or Deputy MLRO having gained sufficient Compliance, AML and KYC experience within E-money or financial services and/or payments companies in UK
  • An entrepreneurial spirit is essential for this role as this will be a hands on position and you will be expected to scale-up and manage a team of compliance professionals
  • Dynamic, professional and enthusiastic with the ability to operate in a fast paced dynamic organisation

Morgan McKinley is acting as an Employment Business in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.


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