Senior Compliance Officer / MLRO

Job description

UK | Full-time (Hybrid/Remote - Office located in London) | UK Residence is a must Overview We are seeking a highly experienced MLRO & DPO to lead our regulatory compliance, financial crime risk management, and data protection functions for our FCA-regulated Electronic Money Institution (EMI). The successful candidate will hold a triple-mandate responsibility: acting as the Money Laundering Reporting Officer (MLRO), and Data Protection Officer (DPO). You will be the primary guardian of our operational integrity, ensuring full adherence to FCA regulations, UK GDPR, and global AML/CTF standards. Key Responsibilities 1. Regulatory Oversight & Liaison Central Liaison: Serve as the primary point of contact for the FCA, NCA, ICO, and law enforcement agencies. Regulatory Intelligence: Monitor and analyze new developments (FCA Handbook, PSRs/EMRs, Consumer Duty) and implement necessary changes to business activities. Board Advisory: Provide strategic advice to the Executive Board and CEO on regulatory obligations, escalating material breaches or significant financial crime risks promptly. Reporting: Prepare and submit quarterly Regulatory Assurance Reports, the Annual MLRO Report, and all required EMI-specific disclosures. 2. Risk Management & Governance Framework Ownership: Design and maintain the Enterprise-Wide Risk Management (ERM) program, Risk Appetite Statement, and Risk Register. Internal Controls: Proactively identify operational, safeguarding, and conduct risks. Conduct annual Risk & Control Self-Assessments (RCSA). Product Compliance: Approve new products and initiatives using "Compliance by Design" principles, ensuring all marketing and client agreements meet FCA standards. Reporting Metrics: Collect and analyze KRIs and KPIs, maintaining a comprehensive Incidents Log to evaluate non-compliance risks. 3. AML/CTF & Financial Crime Prevention (MLRO) Program Management: Build and oversee the AML/CTF framework, including PEPs, Sanctions, and Transaction Monitoring policies. SAR Management: Act as the nominated officer for receiving, assessing, and submitting Suspicious Activity Reports (SARs) to the NCA. High-Risk Oversight: Sign off on Enhanced Due Diligence (EDD) and onboarding decisions for high-risk customers. Monitoring & Calibration: Oversee Transaction Monitoring system thresholds, quality-assuring alerts and managing account suspensions. 4. Data Pro…