Remote Compliance Lead MLRO

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