Deputy MLRO

The company is a leading Electronic Money Institution (EMI), authorised by several regulators, including the FCA in the United Kingdom, FINTRAC in Canada, and the MFSA in Malta. Its operational footprint spans over 140 countries and more than 25 industries.

The organization provides modern financial solutions such as multicurrency IBANs, merchant acquiring services, and mass payout capabilities. All features are accessible through a single platform and a single contract, making the company a convenient and efficient partner for both local and international payments.

Requirements

General

• Act as a deputy to the MLRO - Support the MLRO to deliver their responsibilities as regards the Money Laundering regulations. This means working on complex case investigations, strategic projects and coordinating cross-departmental initiatives.
• Lead or oversee investigations into suspicious activities (internal SARs), external SARs filing.
• Respond to regulatory initiatives by providing leadership and direction for new projects to adhere to our obligations.
• Support long-term strategy planning and enhance the departmental governance framework and ensuring policies and procedures remain fit for purpose. 
• Creating and implementing policies, procedures, operational SOPs around AML/CFT processes, reporting suspicious activity, preparing and filing reports.
• Conduct comprehensive AML/CTF and other financial crime risk assessments across the Company.
• Prepare, review, and submit regulatory reports, including SARs to the NCA, REP-CRIM, financial crime returns, and supplementary reports requested by the FCA or external auditors.
• Prepare board reports, MLRO reports, write papers for internal governance to effect change to the control framework to respond better to risks or improve the performance of the function, and maintain monthly management information.
• Be a resource for knowledge and understanding internally in order to make good judgements around regulatory obligations, audits, regulatory engagement, compliance risks and business development. 
• Ensure ongoing regulatory compliance and act as liaison with FCA and other authorities.
• Coordinate with Compliance and Operations teams to strengthen internal AML controls, implement risk mitigation and transaction monitoring strategies.
• Support AML training, audits, and system effectiveness assessment, testing.

Skills & Requirements:

• 5+ years of AML and Compliance experience within financial services, electronic money institutions, and fintech environments.
• Strong and practical understanding of the UK AML and CTF framework, including the FCA Handbook, SYSC, MLR 2017, and relevant sectoral requirements applicable to EMIs.
• Demonstrated expertise in establishing, maintaining, and enhancing CDD/EDD processes, transaction monitoring systems, and financial crime risk assessment methodologies.
• Specific experience in undertaking financial crime prevention (AML/CTF, sanctions, fraud, investigations, transaction monitoring) and law enforcement liaison.
• Experience in designing/documenting policies, procedures, presentations, guidance notes, and training materials.
• Comprehensive awareness of financial crime risks specific to digital payments, cross-border transfers, fraud typologies, sanctions exposure, risks linked to high-risk jurisdictions, and fintech-driven delivery channels.
• Ability to manage multiple tasks simultaneously on tight deadlines.
• Ability to work independently with a high level of responsibility.
• Excellent verbal and written English communication skills.
• Open to relocation to the UK upon request, with full readiness to assume MLRO or Deputy MLRO responsibilities for a UK-registered EMI.

As a plus:

• Prior experience acting as Deputy MLRO or MLRO in an EMI, PSP, or banking institution.
• Prior experience with other regulatory landscapes (Canada - FINTRAC, Malta - MFSA, NL - Authority for the Financial Markets (AFM), UAE - Central Bank of the UAE (CBUAE), DFSA (Dubai Financial Services Authority) for DIFC etc).
• Professional qualifications such as ACAMS, ICA etc.
• Experience with UK regulatory reporting processes, FCA liaison.
• Experience with Visa/Mastercard reporting processes & liaison.
• Experience in the cryptocurrency industry &/or acquiring products.
• Legal education.

Soft Skills

• Ownership mindset with proactive problem-solving.
• Strong communication skills and ability to simplify complex concepts.
• High attention to detail and ability to structure ambiguous inputs.
• Empathy, user-centric mindset, and ability to balance business and tech perspectives.

What we offer:

• Annual Learning & Development Budget – invest in your growth with dedicated funds for courses, training, and certifications.
• Regular Performance Reviews Based on KPIs – for your professional growth.
• Transparent career growth – with opportunities to achieve Lead roles within 1 year, Head roles in 2 years, and even C-level within 4 years, based on exceptional performance.
• Innovation Financial Rewards – share your ideas through our Ideas Hub and earn extra bonuses.
• Paid Vacation – with the flexibility to transfer unused days to the next year or receive compensation.
• Paid Sick Leave – available to cover medical needs and emergencies.
• Public Holidays tailored to your country’s calendar.
• Flexible Payout Options – PE accounts or popular e-wallets.