Compliance Officer (Payments FinTech)
This job does not exist anymore.
Try running a new search or browse our vacancies.
Or fill in the form below to receive job alerts.
| Job Type | Permanent |
| Area | West End, UK |
| Sector | BankingComplianceFinancial ServicesRiskFX |
| Salary | £45k - £55k + benefits |
| Currency | GBP |
| Start Date | |
| Job Ref | VAC-12633 |
| Job Views | 118 |
- Description
- Rapidly expanding FinTech company specialising in payments based in central London is seeking to strengthen it’s Risk & Compliance function with the addition of a Compliance Officer. The successful candidate will play a key role in supporting the payment services business within the wider Risk & Compliance Team, the role will cover client onboarding, client and transaction reviews, transaction monitoring and conducting risk assessments and reporting.
Accountabilities:
- Transaction monitoring of payments against global sanctions’ and related watchlists
- Onboarding of customer accounts, conducting KYC and AML checks in line with the company’s policies and procedures
- Reviewing Customer Due Diligence “CDD” on customers, in line with the company’s requirement to comply with AML regulations
- Conducting customer-based risk assessments and company wise risk assessments
- Acting as a point of escalation for high-risk customers
- Dealing with routine compliance queries from the business
- Conducting transaction reviews, where transactions have exceeded thresholds
- Assisting with the delivery of training to staff involved in customer case submissions
- Assisting with the preparation of reports, including the MLRO Annual Reports and case submissions for Risk Committee etc.
- Conducting periodic GDPR audits of the business
- Assisting in the execution of ad hoc compliance projects as required
Requirements for the role:
- Proven experience as a Compliance Officer or Senior Compliance Analyst (4-6 years) ideally gained within a payments environment. Knowledge of Blockchain/Cryptocurrency would be desirable.
- Experience in risk management
- Knowledge of legal requirements and controls (e.g., EU Money Laundering Directives)
- Familiarity with industry practices and professional standards
- Familiarity with FCA Guidance and rule book and relevant publications e.g., JMLSG
- Familiarity with GDPR data protection regulation and standards
- Excellent communication and organisation skills
- Attention to detail
- Educated to degree-level, or the equivalent, in law, finance, business administration or a related field
- Professional certification (e.g., ICA) would be a plus.
Please note that this role will require you to be in the office 5 days per week.
This vacancy is being advertised by Montpellier Resourcing Limited. The services advertised by Montpellier Resourcing Limited are those of an Employment Agency.