MLRO

MLRO (Money Laundering Reporting Officer) – Payments/Banking

Location: London, Office-Based (5 days per week)

About the Role:

I am supporting an innovative payments business in London to find a dynamic and pragmatic MLRO. This is an exciting opportunity for you if you thrive in a fast-paced environment where change is constant, and decisions often require a flexible, agile mindset. As the ideal candidate, you will not only ensure compliance with policies and procedures but also bring a fintech-inspired approach to managing risks and regulatory challenges.

Key Responsibilities:

• Risk Management: Proactively identify and assess risks, particularly in relation to high-risk customers. Develop a practical approach to navigating regulatory frameworks while embracing innovation.

• Regulatory Compliance: Ensure the business operates within the scope of PSD2, E-Money, and other relevant banking regulations. Hold or have recently held the SMF17 function, with the ability to guide the regulatory approval process.

• Policy Development: Go beyond just reviewing policies—contribute to shaping the approach to risk and demonstrate an understanding of the balance between compliance and commercial agility.

• Stakeholder Engagement: Collaborate with senior stakeholders to explain, influence, and secure buy-in for compliance strategies. Convince the business that proposed ideas are both viable and valuable.

• Business Agility: Operate effectively in a “build while you furnish” environment. Demonstrate the ability to adapt quickly and think critically under pressure.

• Industry Leadership: Stay proactive within the industry, ensuring that the business remains at the forefront of compliance and risk management best practices.

What We’re Looking For:

• A pragmatic mindset with the ability to balance regulatory requirements and business needs.

• Experience within the banking or payments sector, particularly relating to PSD2 and E-Money regulations.

• Strong interpersonal and communication skills to effectively “sell” ideas and regulatory concepts to stakeholders.

• A track record of working in fast-paced, high-change environments, ideally within fintech or similarly agile businesses.

• A proactive and adaptable approach, coupled with a deep understanding of compliance and risk management principles.

Why Join?

• Be part of a business that combines the best of traditional banking standards with a fintech mindset.

• Opportunity to make a significant impact and build your legacy within a fast-evolving industry.

• Work in an environment that values innovation, adaptability, and forward-thinking leadership.

Team Structure:

Currently operating within a flat structure, this role offers the potential to shape and influence the future team dynamic as the business grows and evolves.

Ready to Apply?

If this sounds like the next step in your career, I’d love to hear from you. Please send your CV to jim.chappell@interquestgroup.com.

InterQuest Group is acting as an employment agency for this vacancy. InterQuest Group is an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of age, disability, gender, religion/belief, race, marriage, civil partnership, pregnancy, maternity, sex or sexual orientation. Please make us aware if you require any reasonable adjustments throughout the recruitment process.