Compliance Officer (Payments FinTech)

Up to £65,000 plus bonus and benefits!

A fantastic opportunity has arisen to join an exciting, dynamic and rapidly expanding FinTech company specialising in payments based in central London! They are seeking to strengthen their 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 periodic reviews. This is an incredible opportunity for someone enthusiastic and driven, who is seeking to gain exceptional experience in a dynamic and varied role.

Duties of the Compliance Officer to include:

• 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. Many of the accounts will be with High-Risk clients, so you will be working to mitigate risk throughout the process.
• 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 successful candidate:

• Proven experience as a Compliance Officer or Senior Compliance Analyst (3-5 years) ideally gained within a payments environment.
• Strong experience with onboarding and conducting transaction monitoring, ideally working with HNW and HIGH-RISK clients.
• Familiarity with FCA Guidance and rule book and relevant publications e.g., JMLSG
• 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.

This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency