Deputy Money Laundering Reporting Officer UK

Raisin is the world’s leading platform for savings and investment products. Founded in 2012, the FinTech connects consumers with banks in the EU, the UK and the US. This gives consumers better interest rates and banks a diversified form of refinancing. Our vision is to offer savings and investments without barriers and thus open up the global 160 trillion euro market.

Raisin currently employs more than 800 people from over 75 countries worldwide. Today, the platform holds over 80 billion euros in assets from more than one million investors which have accrued over 5 billion euros in returns.

Team

You’ll be joining a small, supportive team of two, reporting directly to the Head of Compliance UK. Because we are a close-knit team with direct exposure to leadership, this role is an ideal opportunity for a seasoned financial crime professional who already brings established experience as a Deputy MLRO (or equivalent senior position) and is looking to make a significant impact. As part of this smaller team, you will enjoy closer collaboration and a more hands-on role in conversations with AML Operations and bank onboarding processes. Your expertise will matter from day one as you provide independent oversight, challenge, and advisory across AML, CTF, sanctions, and other financial crime risks, ensuring full alignment with FCA expectations and UK regulatory requirements.

Your Responsibilities

• Formally deputise for the SMF17 (MLRO), assisting in the second-line oversight of Raisin UK’s financial crime prevention strategy and regulatory compliance.
• Support the MLRO in developing, maintaining, and regularly reviewing the firm’s AML/CTF policies, procedures, and risk assessments to align with evolving regulatory standards.
• Act as a subject matter expert for internal teams, providing clear compliance guidance on onboarding, product developments, and external queries.
• Define, perform, and maintain robust second-line controls and monitoring processes - including testing the effectiveness of financial crime systems and settings, identifying gaps, and driving framework improvements based on the results.
• Oversee the investigation of internal unusual activity reports, ensuring prompt resolution, and manage the drafting and submission of Suspicious Activity Reports (SARs).
• Conduct AML/CFT horizon scanning and reporting to relevant stakeholders including senior management.
• Provide oversight and subject matter expertise in responding to financial crime related queries from partners or our service bank, ensuring responses align with regulatory expectations and internal policies.
• Represent the Compliance function in internal governance forums e.g. Risk Committee.
• Assist with regulatory reporting processes.
• Provide support on regulatory compliance topics.

Your Profile

• You have a proven track record in financial crime compliance within UK financial services (FinTech, retail banking, or payments preferred).
• You are likely a Senior Financial Crime Manager looking for your first formal step up. In particular, you will have: Deep, practical understanding of the UK financial crime landscape, including the FCA Handbook, UK Money Laundering Regulations (MLRs), JMLSG guidance, and POCA.
• Hands-on experience overseeing controls testing, managing financial crime escalations, and leading the drafting and submission of SARs.
• You have a collaborative approach to compliance. You can translate complex regulatory requirements into practical business guidance.
• You have the career aspirations to widen your regulatory compliance knowledge outside of the bounds of financial crime and are interested in working on these topics and projects.
• You act entrepreneurially and take full ownership of your work. You are comfortable working autonomously and are enthusiastic for the responsibility of formally deputising for the MLRO.
• A recognised industry qualification (e.g., ICA Diploma in AML/Financial Crime or ACAMS) is highly desirable.

Join our mission, join our team – and grow with us!

At Raisin, we care about each other and it is one of our top priorities to foster an open and caring environment in which everyone feels welcome and comfortable. Our culture is strongly driven by our ambitious team, which connects more than 75 different nationalities.

As part of our team, you will benefit from:

• Employee Development Budget of £1,700 and 4 full training days per year.
• Always hungry? Breakfast, snacks, daily fresh fruit and drinks are at your disposal around the clock.
• We are hybrid working, we are in the office twice a week, giving the team the opportunity to collaborate and spend time together. Wednesday is our core day in the office.
• We offer 28 days + Bank Holidays of holiday a year.
• One day birthday leave to celebrate your birthday.
• We offer you a company stakeholder pension with a minimum employer contribution of 5%.
• The opportunity to experience our annual retreats in exciting European cities and other team building events.

Raisin Applicant Privacy Policy

We value diversity and the unique experiences each individual brings. If you’re excited about this role but don’t meet every requirement, we still encourage you to apply.

We are an equal opportunity employer and are committed to creating an inclusive environment for everyone, regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.