Chief Compliance Officer

Bandwidth Recruitment Ltd
South East London, UK
15 Feb 2019
31 Jan 2019
Contract Type
Level of qualification
Newly qualified, Qualified
Our client, a payment provider who offer multicurrency omnichannel payment services are looking to expand their business into the UK. Initially we are recruiting for a Head of Compliance and MLRO who can help shape and grow the UK entity. You will have payments industry knowledge who has the experience of leading a growing company from the ground up. You will be responsible for working directly with the FCA with a career history working in this environment. Responsibilities To report to the board of directors and keep them informed on updates and progression The MLRO is responsible for developing and maintaining policies & procedures and monitoring compliance To stay informed of regulatory changes and amend policies and procedures as necessary Responsible for the continued development and documentation of a formal written program of procedures so that all future employees are aware to comply with regulations Ensure compliance with currency transaction reporting and all types of cash transactions Perform a review of the risk process Ensure monitoring of all queries developed to identify suspicious activity and AML system alerts Ensure all suspicious activity is reviewed Maintain oversight of the due diligence process. Manage and oversee PEP policy and procedures Manage and oversee the adherence to FATCA/CRS Requirements Previous working experience as a Head of Compliance or previous MLRO MA in business administration and / or a degree an advantage Analytical mindset and problem-solving orientation Payments industry experience is a must and ideally within e-money Ability to work on an interim basis Experience managing compliance & influencing decisions in a company Experience with US & European regulations (AIFMD, MIFID and EMIR) Experience conducting compliance testing, developing & drafting procedures Ability to understand complex financial products Please note that this is an interim role. You will be required to work a maximum of 3-4 days per month whilst establishing the UK business. This job was originally posted as