MLRO
other jobs BDO
Added before 3 Days
- England,London,City of London
- Full Time, Permanent
- Salary negotiable
Job Description:
MLRO SMF17 – Remote with some travel required
Job description
We are recruiting for a MLRO to join one of our clients, a Fintech company. This permanent opportunity is offering an excellent salary.
About the role:
The MLRO (SMF17) will lead the design, development and ongoing oversight of the organisation’s financial crime framework. As the FCA-approved SMF17 during the Payment Institution authorisation process and beyond, the role provides credible, senior engagement with the regulator and ensures the company’s open banking and card issuing business model meets all UK AML/CTF regulatory standards.
Key responsibilities include;
Regulatory & FCA Engagement *Hold SMF17 responsibility and act as the primary point of contact with the FCA.
*Lead all AML/CTF elements of the PI licence application.
*Manage ongoing FCA supervisory queries and interactions.
Financial Crime Framework Development
Build, implement and continuously enhance: *AML/CTF policies, procedures, and internal controls
*KYC/KYB onboarding standards and due diligence processes
*Transaction monitoring framework and alert handling workflow
*SAR reporting and UKFIU submissions
*Sanctions and PEP screening processes
*ML/TF business-wide risk assessments
*Ensure controls appropriately address the company’s product model, including:
*Multi-banking Visa card functionality
*Open banking integrations, including Variable Recurring Payments (VRP)
*Card issuing programme compliance and AML risk management
Governance & Oversight *Provide regular board-level reporting, MI, and risk insights.
*Train, mentor and develop internal teams on AML/CTF topics.
*Help shape compliance culture and embed strong financial crime risk management across the business.
Essential Skills: *Current or former MLRO or Deputy MLRO within a UK fintech, EMI, PI or digital banking environment.
*Proven experience building and operating AML frameworks in early-stage or scaling businesses.
*Strong, demonstrable knowledge of: *UK Money Laundering Regulations
*FCA Handbook (including SYSC, COND, SUP)
*Open banking, card issuing, and VRP-related risks
*Comfortable engaging directly with FCA supervisors.
*Fully eligible and suitable for SMF17 approval.
Additional Information:
Location: Remote with some travel required, some travel may include European travel
Duration: Permanent
Salary: Competitive
Job description
We are recruiting for a MLRO to join one of our clients, a Fintech company. This permanent opportunity is offering an excellent salary.
About the role:
The MLRO (SMF17) will lead the design, development and ongoing oversight of the organisation’s financial crime framework. As the FCA-approved SMF17 during the Payment Institution authorisation process and beyond, the role provides credible, senior engagement with the regulator and ensures the company’s open banking and card issuing business model meets all UK AML/CTF regulatory standards.
Key responsibilities include;
Regulatory & FCA Engagement *Hold SMF17 responsibility and act as the primary point of contact with the FCA.
*Lead all AML/CTF elements of the PI licence application.
*Manage ongoing FCA supervisory queries and interactions.
Financial Crime Framework Development
Build, implement and continuously enhance: *AML/CTF policies, procedures, and internal controls
*KYC/KYB onboarding standards and due diligence processes
*Transaction monitoring framework and alert handling workflow
*SAR reporting and UKFIU submissions
*Sanctions and PEP screening processes
*ML/TF business-wide risk assessments
*Ensure controls appropriately address the company’s product model, including:
*Multi-banking Visa card functionality
*Open banking integrations, including Variable Recurring Payments (VRP)
*Card issuing programme compliance and AML risk management
Governance & Oversight *Provide regular board-level reporting, MI, and risk insights.
*Train, mentor and develop internal teams on AML/CTF topics.
*Help shape compliance culture and embed strong financial crime risk management across the business.
Essential Skills: *Current or former MLRO or Deputy MLRO within a UK fintech, EMI, PI or digital banking environment.
*Proven experience building and operating AML frameworks in early-stage or scaling businesses.
*Strong, demonstrable knowledge of: *UK Money Laundering Regulations
*FCA Handbook (including SYSC, COND, SUP)
*Open banking, card issuing, and VRP-related risks
*Comfortable engaging directly with FCA supervisors.
*Fully eligible and suitable for SMF17 approval.
Additional Information:
Location: Remote with some travel required, some travel may include European travel
Duration: Permanent
Salary: Competitive
Job number 3456837
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metapel
Company Details:
BDO
Company size: 5,001-10,000 employees
Industry: Accounting
BDO UK provides tax, audit and assurance, advisory and business outsourcing services to companies across all sectors of the economy. We make the time ...