MRLO/Head of Compliance Job in M3, Manchester, Greater Manchester. Apply for the latest M3, Manchester, Greater Manchester jobs in Accounting/Financial/Insurance.
MRLO/Head of Compliance Job in M3, Manchester, Greater Manchester
Job Description
OATS Recruitment are currently recruiting on behalf of our client – an exciting Fintech startup for an experienced Head of Compliance/MLRO to join our growing and exciting business. We’re looking for a motivated individual, with demonstrable experience leading and managing world class compliance teams in fast paced and challenging environments.
The successful candidate will manage the day-to-day compliance functions, ensuring appropriate controls, monitoring, policies and processes are in place to fulfil all our client's legal and regulatory responsibilities. The individual will have a lead role influencing and directing the compliance strategy whilst also managing external relationships with regulators, government bodies and central banks.
The role will involve designing, coordinating and embedding industry best practices across the business, ensuring they remain 100% compliant whilst they launch their suite of cutting edge products across the globe in multiple jurisdictions.
We’re looking for someone who can:
* Build, manage and oversee the wider compliance team and function.
* Have the ability and confidence to interpret complex regulations and create clear recommendations for the business to follow.
* Manage, review and implement changes to internal company policies and processes in line with industry best practice and guidance.
* Engage with regulators across multiple jurisdictions and formulate the company's strategy in response to evolving legislation and regulation.
* Act as an SME on all areas of compliance from monitoring and reporting, through to risk, controls and audit for the wider business and leadership team.
* Push back and liaise with regulators when they’re becoming overreaching or negatively impacting our wider customer base without providing any real benefit in relation to preventing or detecting criminal activity.
* Advise, review and challenge during business acquisitions, new products, propositions, product reviews, delivery channels and regulatory change projects.
* Work within a wider team of department leaders to help deliver impeccable customer service standards.
You will need to show us that you have:
* Demonstrable experience leading, developing and managing a compliance function within a financial service or fintech business.
* At least 5 years previous experience within a compliance or control function (financial crime/transaction monitoring/KYC experience essential).
* Hold, or be progressing towards, a professional compliance qualification and relevant Continuous Professional (CPD) Accreditation and/or relevant qualification/professional membership (e.g. ACOI, have a legal qualification).
* A strong understanding of current and emerging AML/CFT risks and practical experience in managing an effective control environment.
* Previous experience in interpreting legislation and extensive knowledge of AML/CFT regulation.
* Strong planning and organisational skills with an ability to work to tight deadlines.
* Ability to adapt to changing priorities and varied decision-making scenarios.
* An ability to embed a culture of quality and adherence that align with SLAs and expected internal standards.
Duties and responsibilities;
* Overall responsibility for the people management of the compliance function including recruitment, training, mentoring and ongoing performance management of staff
* Manage the creation and submission of regulatory reports to our various regulators across multiple jurisdictions
* Support the business through the design, implementation and review of internal policies to comply with all AML/CTF requirements as determined by regulators
* Perform data and trend analysis in terms of analyst quality, the standard of manager reviews and audits and cross-site performance, providing recommendations and process improvements to enhance key operating procedures.
* Support the review, maintenance and creation of internal operating procedures, templates and knowledge base, challenging and refining current processes and identifying process improvements.
* Provide subject matter expertise and training to analysts and other internal departments, as required.
* Support employee onboarding through analysis of new hire's work, identification of additional training needs and provide recommendations to improve new hire training.
* Provide support for audits, both internal and external.
* Oversight of customer handling standards and maintenance of call library for use in training and coaching across operations.
* Perform analysis on operational alerts, e.g. transaction monitoring alerts, Peps/Sanctions and adverse media matches, providing recommendations to reduce immaterial alerts.
* Complete and file SARS reports and manage SARS audit reports for individual regulators where required.
This is a permanent position paying between £90,000 – £100,000, and is a great chance to join a very ambitious startup with very driven backers. Please apply now for immediate consideration
Job Type: Permanent, Full Time
Location: M3, Manchester, Greater Manchester
Category: Accounting/Financial/Insurance
City: Manchester
County: Greater Manchester
Country: United Kingdom
Salary: £90000 – £100000/annum
Benefits:
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