In-house Legal Counsel & MLRO Uxbridge, England
Job description
A prestigious fINTECH Firm is looking for a regulatory/legal candidate for its Financial Services team based in London to focus on FinTech regulatory matters.
Our vision is to revolutionize the payments industry by providing innovative and secure solutions for businesses and individuals. As they prepare to launch a ground-breaking payments product this is the perfect time to join!
As the MLRO /Legal Counsel, you will play a critical role in ensuring the integrity and security of financial systems and controls. You will be responsible for managing and overseeing compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, as well as relevant Know Your Customer (KYC) requirements.
Responsibilities:
- Develop and implement robust AML/CTF policies, procedures, and controls to ensure compliance with regulatory requirements.
- Conduct regular risk assessments and monitor transactions to identify potential money laundering activities or suspicious behavior.
- Collaborate with cross-functional teams to ensure effective implementation of AML/CTF measures across the organization.
- Stay up to date with the latest regulatory developments and industry best practices, and make recommendations to senior management regarding necessary changes or enhancements.
- Act as the main point of contact with regulatory authorities, responding to inquiries and providing timely and accurate reports as required.
- Provide training and guidance to employees on AML/CTF policies and procedures.
- Foster a culture of compliance and risk awareness throughout the organization.
Qualifications and Experience:
- Previous experience as an MLRO or in a similar role within the payments industry or an EMI is highly preferred.
- In-depth knowledge of AML/CTF regulations, KYC requirements, and relevant legislation.
- Strong understanding of the payments industry, including the associated risks and challenges.
- Excellent analytical and problem-solving skills, with the ability to identify and address potential compliance issues.
- Effective communication skills, both written and verbal, with the ability to liaise confidently with regulatory authorities and internal stakeholders.
- Attention to detail and the ability to work under pressure in a fast-paced environment.
Experience and skills:
- England & Wales qualified
- 1-4 years of post-qualification experience gained at a rival City practice or highly ranked international firm
- Previous financial services regulatory experience, ideally on the policy side of FinTech regulation
- A desire to specialise in FinTech and support the firm in growing its FinTech offering
- Outstanding academics from a well-known university
- Stable career record
Rewards:
- Competitive remuneration package
- Excellent training and development
- Career progression opportunities
- High quality and intellectually.
Job Type: Full-time
Salary: £40,804.94-£79,639.03 per year
Benefits:
- Flexitime
- Work from home
Schedule:
- Flexitime
- Monday to Friday
Supplemental pay types:
- Bonus scheme
Ability to commute/relocate:
- Uxbridge: reliably commute or plan to relocate before starting work (required)
Work Location: In person
