UK Money Laundering Reporting Officer & Compliance Director – London (hybrid)
As the UK Money Laundering Reporting Officer & Compliance Director with Convera, based in our London office (hybrid), you will help promote a sound Compliance culture across the organization. You will ensure there is an effective AML program that enables employees to take informed, risk-based decisions as they execute their business plans.
This is a high-impact and hands-on role, where the you will strategically implement the AML program and identify and manage Financial Crime risks in partnership with the Convera leadership team.
This is a hybrid role that requires you to come to our London office (Finsbury Square) at least 2-3 days per week.
You will be responsible for:
• Manage a team of AML CFT Compliance professionals focused on UK customers and some specific business vertical expertise.
• Execute all responsibilities as the MLRO with SMF 17 responsibilities for a fast-growing fintech global payments business.
• Participate with senior management to establish strategic plans and objectives.
• Effectively cascade functional strategy and contribute to development of organizational policies.
• Be accountable for actions that impact function or department budgets.
• Work on complex issues where problems are not clearly defined and where fundamental principles do not fully apply.
• Translate business segment strategy into functional compliance plans and guides compliance execution.
• Participate in corporate development of methods, techniques and evaluation criteria for Compliance projects, programs, and people.
• Be responsible for your decisions which will have a critical long term (typically up to five years) impact on the overall success of one or more functions.
• Interact with senior management, executives, and/or major customers which frequently involves negotiating matters of significance to the organization. Reconcile multiple stakeholder views to drive business results.
• Act as escalation and final decision point for Financial Crime and Sanctions matters.
• Be responsible (directly or through delegation) for SAR decisions, be the primary point of contact for all UK regulators.
• Ensure all regulatory reporting related to AML/Financial Crime is completed in an accurate and timely manner.
• Ensure AML risks are appropriately documented and reported to senior leadership.
• Provide advice and guidance on policies, new product and expansion initiatives.
• Execute oversight on all outsourced Financial Crime Compliance activities.
• Direct and oversee the monitoring and testing key AML controls.
• Track and direct implement regulatory change.
• Manage and support internal / external audits and regulatory inspections.
You should apply if you have:
• Extensive experience in Financial Crime Compliance with focus on UK regulations.
• Experience in an FCA approved role related to AML/Financial Crime.
• Related Bachelors’ degree (or similar), preferably Law Degree.
• Advanced knowledge of the UK Financial Crime Compliance regulatory environment and experience dealing with the UK regulators.
• Knowledge and experience with payment products domestic and internationally.
• Fintech experience would be preferred.
• Demonstrated ability to advise senior business leadership and Board members on Financial Crime matters.
• An ability to resolve and advise on complex issues where analysis requires in-depth evaluation of variable factors in a timely manner.
• An ability to direct the application of existing principles and guides development of new policies, evolving market best practices and ideas.
• Ability to enhance relationships and networks with internal and external partners, including outside areas of own expertise.
About Convera
Convera is the largest non-bank B2B cross-border payments company in the world. Formerly Western Union Business Solutions, we leverage decades of industry expertise and technology-led payment solutions to deliver smarter money movements to our customers – helping them capture more value with every transaction. Convera serves more than 30,000 customers ranging from small business owners to enterprise treasurers to educational institutions to financial institutions to law firms to NGOs.
Our teams care deeply about the value we bring to our customers which makes Convera a rewarding place to work. This is an exciting time for our organization as we build our team with growth-minded, results-oriented people who are looking to move fast in an innovative environment.
As a truly global company with employees in over 20 countries, we are passionate about diversity; we seek and celebrate people from different backgrounds, lifestyles, and unique points of view. We want to work with the best people and ensure we foster a culture of inclusion and belonging.
We offer an abundance of competitive perks and benefits including:
• Competitive salary.
• Opportunity to earn an annual bonus (dependent on performance).
• Great career growth and development opportunities in a global organization.
• Hybrid office / home working.
• Excellent corporate benefits.
There are plenty of amazing opportunities at Convera for talented, creative problem solvers who never settle for good enough and are looking to transform Business to Business payments.
Apply now!
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