Global payment processor, expanding into the UK, requires a Head of Compliance/MLRO to establish, implement and maintain adequate policies and procedures designed to detect any risk of failure by the Company to comply with its obligations.
This position will report to the Board of the Company, shall be independent and will have the necessary authority, resources, expertise and access to all relevant information.
Candidates must have extensive experience as a Head of Compliance or MLRO in the payments industry and will ideally have experience in liaising with the FCA.
Responsibilities will include:-
- Monitor the adequacy and effectiveness of the Company’s measures and procedures.
- Advise the relevant persons responsible for providing the services that the Company has been authorised to provide, do so in compliance with the Law and Directives.
- Design the internal practice, measures, procedures and controls relevant to the prevention of Money Laundering and terrorist financing and describe and allocate the appropriateness and limits of responsibility of each department involved.
- Develop and establishes the customer’s acceptance policy and submits it to the GM and then the Board of Directors for consideration and approval.