Summary
The job is for a Compliance Lead & MLRO at Cheddar, an award-winning fintech company based in London. The role involves managing regulatory requirements, developing AML and financial crime processes, and ensuring the implementation of appropriate controls. The candidate should have 2+ years of experience in an open banking firm or related e-money/payments industry.
Requirements
- 2+ years of experience in an open banking firm, or related e-money/payments industry with experience to operate at a compliance lead, MLRO or Deputy MLRO level
- 2+ years of people management experience
- Operational knowledge in building and running a sound compliance programme, with hands-on knowledge and an understanding of regulatory requirements in the UK
- Demonstrated ability to communicate effectively with senior management and third-party stakeholders
- Ability to build collaborative working relations with peers, colleagues and with remote based teams with individuals at all levels of the organisation
- Experience with data visualisation tools
Responsibilities
- Drive a culture of compliance across the business with a focus on the voice of the customer
- Continually review and develop AML and financial crime processes, and ensure the implementation and appropriate controls that reflect evolving business and regulatory requirements
- Be a key stakeholder in the delivery of new products and processes as the voice of compliance and the customer
- Facilitate risk-based Know Your Customer and Transaction Monitoring programmes to detect unusual activity and investigate and report suspicious activity in accordance to regulatory requirements
- Build relationships with relevant authorities, payment schemes, and regulators to ensure we operate according to the latest Financial Crime trends
- Ensure accurate responses and reports to the Regulator (FCA)
- Manage UK operations, including training plans, tracking team and individual Key Performance Indicators (KPIs), and Key Risk Indicators (KRIs) for the programme
- Work with senior management and our compliance consultants to provide strategic planning, organisational structure, focus areas, and quarterly goals and key results
- Work with all relevant partners, financial institution partners, finance networks and regulatory authorities
- Conduct compliance review and analysis of new regulatory developments and maintain oversight of developments affecting business activities
- Prepare reports to senior management and Board of Directors to communicate all relevant compliance issues and escalate any important or high risk compliance issues
- Work cross-functionally (such as Product, Development, Customer Service) to identify clear steps necessary to avoid regulatory risks and provide solutions
Benefits
- Competitive salary
- Meaningful equity in the organisation
- Latest MacBook
- Generous vacation policy
- Flexible work location & hours
- Regular socials
- Development courses
