Money Laundering Reporting Officer (MLRO) and Compliance Lead

AI overview

Oversee regulatory compliance for an open banking product, acting as the main contact for AML/CTF matters and ensuring adherence to FCA regulations.

We are currently looking to appoint a Money Laundering Reporting Officer (MLRO) and Compliance Lead in the UK to oversee regulatory compliance for our open banking product. This role is purely for compliance oversight purposes.

Key Responsibilities:

Act as the main point of contact for all AML/CTF matters.
Ensure compliance with FCA regulations and other applicable UK laws.
Review and improve internal AML/KYC policies and procedures.
Provide compliance oversight, reporting, and guidance to management.
Liaise with regulators and ensure timely submission of reports and filings.

Requirements

UK-based, with proven experience as an MLRO or senior compliance professional.
Strong understanding of open banking regulations and AML requirements.
FCA-approved or eligible for SMF17 (MLRO) under the Senior Managers and Certification Regime (SMCR).
Open to joining on a nominal fee / part-time basis for compliance purposes.