Do you enjoy writing and implementing policies and procedures related to anti-money laundering (AML) and compliance?
Are you passionate about designing, updating, and enforcing AML policies to ensure adherence to regulatory standards and mitigating risks associated with financial crime?
Would you thrive in a role that will involve leading compliance efforts in a fast-paced, niche Fintech startup that's transforming payment solutions in a space where there are few competitors and huge potential for growth?
Leo Recruitment is seeking an AML Process & Compliance Implementation Officer (DMLRO) for an organisation that is developing a new debit card program with an expense management system specifically designed for the yachting industry, addressing the unique financial needs of yacht crew and management.
Set to launch later this year, this is a unique opportunity to join a business poised to become a market leader!
This is your chance to be the first full-time member of the compliance team, joining business that's not only unique, but ripe for innovation!
You can help turn vision into reality, contribute to its success, and grow in an entrepreneurial environment that thrives on innovation, collaboration, and excellence.
Salary & Benefits: Competitive salary up to £50,000 per annum depending on experience Fully remote work arrangement from anywhere in the UK Two-way flexibility, allowing you to prioritise family, friends, hobbies, and other commitments Generous/unlimited holiday (officially 28 days plus bank holidays, however the company operates a flexible 'fair use' policy on additional leave beyond this if you want or need to take additional time off) Private healthcare (Vitality) Life insurance Pension scheme Company retreats and the opportunity for occasional travel (such as international yacht shows and team-building events) Casual dress code An enjoyable, positive, entrepreneurial working environment and a great team spirit!
The Role: Compliance Officer/DMLRO As a Compliance Officer/DMLRO, you will develop and manage the compliance framework, establishing processes and tools to ensure regulatory adherence and partner compliance standards.
You will be responsible for drafting and revising policies to reflect current AML regulations, implementing controls to maintain compliance with anti-money laundering laws and regulations, and developing procedures for identifying, reporting, and monitoring suspicious transactions.
You will collaborate with cross-functional teams to ensure compliance, assist in client onboarding (Know Your Customer (KYC) and Know Your Business (KYB)), and assess customer risk profiles, and conduct training to ensure staff understand and follow AML procedures.
To Be Successful: You will need to be experienced and highly competent in writing, reviewing, implementing, and improving compliance documentation, policies and procedures with a high standard of written English.
You should have in-depth understanding of UK and EU AML regulations, customer due diligence, and automated transaction monitoring systems.
You should have at least 3 years of hands-on experience in a compliance or AML-focused position within the financial services/payment solutions industry, preferably with experience in corporate and high-net-worth onboarding.
Experience in a startup environment is a plus.
You will need to have strong analytical and investigative skills and be able to work autonomously.
Professional qualifications (e.g., ICA, ACAMS) are highly advantageous Experience with Sumsub is beneficial.
Any experience or knowledge of the yachting industry would be advantageous.
Location: Fully remote from anywhere in the UK with occasional visits to Southampton, Hampshire.
Working Hours: The company operates a fully flexible working approach, but you will need to show commitment to the role, especially during the early phase of development.
This Role Would Be Suitable For: A Compliance Officer, AML Process & Compliance Implementation Officer, Deputy Money Laundering Reporting Officer (DMLRO), Compliance Manager, AML Policy & Process Lead, or AML Compliance Process Implementation Manager who is passionate about compliance in the financial services industry and is excited to join a pioneering fintech in the yachting sector.
Diversity & Inclusion: Leo Recruitment and all our clients are committed to creating an inclusive and innovative future.
Our recruitment process reflects our ethical values, celebrating the unique backgrounds, perspectives, and experiences of every individual.
You can always expect fairness and equality when you apply through us.