Senior Financial Crime Compliance Officer | TransferGo | Remote (United Kingdom)

Senior Financial Crime Compliance Officer | TransferGo | Remote (United Kingdom)

Remote UK
Application ends: September 12, 2024
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Job Description

We are currently searching for an experienced Senior Financial Crime Compliance Officer with a deep understanding of the financial crime risk landscape and in-depth knowledge of regulatory expectations in the UK.  Joining our leadership team (2LOD), you will lead the financial crime program for our UK-regulated entity and will be our designated SMF17 function. The role will act as a senior domain expert for AML/Compliance regulation and as the appointed MLRO, supporting the Board and compliance management team in day-to-day activity. You will report to the Group Chief Compliance Officer and work closely with other Heads of Function. 

You will be responsible for supporting our UK entity and ensuring that regulatory compliance obligations are achieved at all times, including daily management of the UK Compliance Program, management of independent reviews / external audits, conducting gap analysis, reviewing and submitting STRs, preparing and submitting regulatory reports, maintaining program documentation tracking, and providing recommendations in program improvements. You will also act as the SME for important regulatory change programs such as UK APP Fraud and Confirmation of Payee. You will also work closely on group-wide program initiatives. 

You will be working on and have had previous experience with:

  • Lead, coordinate and monitor regulatory inspections, investigations, thematic reviews, inquiries, self-assessments, surveys, questionnaires, reporting, and consultations to ensure timely and quality submissions
  • Conduct periodical risk assessments of money laundering and terrorist financing risks and advise the company’s governing body/senior management on necessary actions to mitigate those risks
  • Develop and oversee internal procedures about customer onboarding, monitoring, and suspicious activity reporting (SARs) as per local regulations
  • Working closely with other teams across the group to ensure that UK regulatory requirements are impeded into business-as-usual processes
  • Check and ensure that all departmental procedures are current and in compliance with regulatory/ Law Enforcement requirements and company policy
  • Working with product and operational teams to implement new features in a compliant manner
  • Ensure that appropriate measures are in place so that money laundering and terrorist financing risks are taken into account in the company’s day-to-day operations
  • Advising the Board on regulatory issues and the regulatory landscape, including new and emerging developments supported by data-driven or evidence-driven analysis 
  • Overseeing the drafting and ongoing maintenance of robust policies and procedures to reflect regulatory developments and best practices
  • Approval of higher-risk relationships
  • Maintaining an effective and open relationship with the regulator, and other key external stakeholders and managing all regulatory inquiries and reviews, including reporting and notification matters

Experience you should have:

  • The ideal candidate should have 7+ years in the fintech industry within a large and high-growth company that provides financial products and services (ideally e-money / money remittance), and proven experience in AML compliance.
  • Previous experience as MLRO or DMLRO is essential
  • A team player with excellent time and project management skills and the ability to successfully manage multiple projects at one time.
  • Have excellent problem-solving skills and attention to detail
  • Demonstrate the ability to see the big picture, analyse risks, and make recommendations for improvements to mitigate those risks within the product
  • Experience with regulators and the regulatory framework
  • Professional certifications such as ICA/ACAMS

What we believe

At TransferGo, we offer competitive rewards to all our people. We know that recognition is about more than just money, and we’ve fostered a culture of kudos to shine a light on the great work throughout the business, and the people making it all happen. We hold regular in person events to connect with each other and help all our TransferNauts to grow with a generous training allowance. We believe that empowering people makes for a happier and more effective workforce. This means we enable anyone who wants to pursue initiatives that deliver real value for our migrant customers. 

What we offer:

  • Be part of building a meaningful product in a growing fintech scale-up;
  • A competitive rewards package;
  • Generous holiday allowance (based on tenure);
  • Competitive healthcare insurance / wellbeing package (based on your location);
  • An annual training budget of €1,000 to spend on your growth;
  • We truly embrace flexibility and our people work from a variety of places (office, hybrid and remote, you can find it all here);
  • If you are near one of our offices, we are a pet-friendly company and we enjoy regular opportunities to connect in person (we truly value in person connection on a regular basis and celebrate in style).