Job Title : Senior Compliance Officer Location : London / Travel required / Hybrid Term : Permanent Salary : £65,000 (Depending on Experience) Reports to : Deputy MLRO About us B4B Payments is part of the Banking Circle ecosystem, a Payments Bank for financial institutions.
We operate as an independent affiliate of Banking Circle and whilst we are separate companies, together we deliver an unrivalled scope of financial services and payments solutions for businesses.
As an award-winning payment innovator, with reach throughout Europe and the USA, we provide card, payment and accounts services to corporate clients around the globe.
We're proud to be a leader in Fintech and the payments industry for over 17 years!
Our next phase of rapid growth and expansion, coupled with our passion for payment innovation, means you will join us at a very exciting time.
We are proud to be a truly global and diverse team, our colleagues speak 20 languages.
Headquartered in London, we have offices in Newcastle, Vilnius and Boston.
So whether you're a multinational corporation or a local start-up, B4B Payments has the experience, technology, and passion to help you achieve your financial goals.
With us by your side, you can rest assured that your payments are secure, your processes are streamlined, and your business is in safe hands.
So why wait?
Join the B4B Payments family today and experience the future of payments for yourself!
About the role The Compliance Officer will have a global mandate, although a large portion of their responsibilities will cover UK regulatory obligations.
The Compliance Officer plays a critical role in ensuring that the organisation adheres to regulatory, card scheme requirements and internal policies.
As a Compliance Officer, you will play a crucial role in helping the organisation comply with Anti-Money Laundering (AML) laws and regulations applicable to a Payment Service Provider and Electronic Money Institution.
By providing expert guidance, leading training initiatives, and leading compliance activities, the Compliance Officer helps maintain a strong compliance culture and mitigates regulatory and reputational risks.
Responsibilities: Act as a primary contact for the first line of defence (1LoD) regarding financial crime and regulatory queries, providing guidance and support as needed.
Conduct compliance monitoring and testing activities internally, as well as on partner institutions, to ensure adherence to regulatory standards and internal policies.
Perform regulatory horizon scanning to identify emerging legal and compliance requirements that may impact the organisation.
Prepare management information (MI) and reports for senior management on compliance matters, highlighting key issues and the status of compliance initiatives.
Undertake complex financial crime investigations as necessary, conducting thorough analyses and presenting findings to management and relevant stakeholders.
Draft and disseminate policy changes across the firm, ensuring that all staff are informed of updates and maintained compliance protocols.
Support enterprise risk assessment activities by providing insights into compliance-related risks and contributing to the development of risk mitigation strategies.
Provide training and support to the first line of defence (1LoD) personnel to enhance their understanding of compliance requirements and best practices in financial crime prevention.
Investigate policy and compliance breaches, drafting recommendations and remedial actions as necessary.
Requirement Essential (Need to have) Regulatory Knowledge: Knowledge of relevant regulations, standards, and guidelines within the industry applicable to an Electronic Money Institution operating in the UK.
Ability to stay updated with new and evolving regulatory requirements with the ability to interpret complex information.
Desirable (Nice to have) Degree educated Further Compliance-related training and development Desirable (Nice to have) Degree educated Further Compliance-related training and development Make a difference: We're always on the lookout for talented individuals to help take us further – It's important to us to hire the right people and work out a role that works.
Equality : We strive to create a workplace that reflects the diverse communities we serve and where everyone feels empowered to bring their full, authentic selves to work.
Teamwork :The strength of our team does not only lie in our combined experience and expertise but our ability to trust each other, no matter what.
We understand that our best work is not produced by individuals but by enjoying collaboration as a team and supporting each other every day.
Quality : We provide award-winning solutions and unsurpassed service that, together, deliver premium value to our customers.
Innovation : Redefining the standard of excellence is in everything we do.
Therefore, we are open to ideas that challenge the conventional views and drive innovation.
The only constant in life is change and we believe that in order to stay relevant we must continuously improve and evolve with the changing needs of society.
Trust : We strive to act in a manner that builds trust with our team, clients, business partners, and other stakeholders.
We firmly believe that actions speak louder than words and transparency is key.
NOTE: We kindly request that you contact us by submitting your CV, indicating your current location, and confirming your eligibility to work in the United Kingdom.
We assure you that our team will promptly respond to your inquiry.
Please note that we are not considering inquiries or applications from Agencies.
Additionally, we regret to inform you that we are unable to provide visa sponsorships at this time