MLRO & Director of Risk
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
8 hours ago
Vacancies:
1 Vacancy
Job Summary
This is a remote position.
CreatePay is seeking an experienced Money Laundering Reporting Officer (MLRO) to join its executive leadership team and lead the development of the companys financial crime and risk framework as the business scales its UK payments platform and obtains direct regulatory approval from the FCA.
This is an executive-level role responsible for financial crime oversight risk management and regulatory engagement with the FCA and key banking partners. CreatePays target market is low-risk SMEs.
The successful candidate will take a hands-on role in designing and implementing AML and risk frameworks while also building and leading a risk and compliance team to support the companys continued growth.
This role will operate as SMF16 under the FCA Senior Managers & Certification Regime (SMCR) and will play a key role in supporting CreatePays regulatory roadmap.
Key Responsibilities
-AML & Financial Crime Oversight
-Develop and maintain AML / CTF policies and procedures
-Conduct the firm-wide risk assessment (FWRA)
-Oversee transaction monitoring and suspicious activity investigations
-Submit Suspicious Activity Reports (SARs) to the NCA when required
-Maintain sanctions and PEP screening frameworks
-Oversee merchant onboarding AML and KYB controls
-Deliver AML and financial crime training across the organisation
Risk & Compliance Framework
-Establish and maintain the company risk register and risk assessments
-Monitor operational financial crime and regulatory risks across the platform
-Support incident management and escalation procedures
-Work with product and engineering teams to embed risk controls into payment flows and onboarding processes
-Support safeguarding oversight where applicable
-Manage third-party risk relating to acquiring banks processors and technology providers
Team Building & Leadership
-Build and lead the companys financial crime and compliance team
-Recruit and develop compliance and risk professionals as the business scales
-Establish governance and reporting structures
-Work closely with senior management across operations technology and finance
-Foster a strong compliance and risk culture across the organisation
Regulatory & Governance
-Act as the primary point of contact for financial crime matters with the FCA and key partners
-Prepare risk and compliance reporting for the Board and senior management
-Maintain regulatory documentation policies and governance materials
-Support CreatePays regulatory authorisation strategy
-Oversee compliance monitoring and internal controls
Skills & Experience
-Experience working in AML financial crime or compliance within payments or fintech
-Experience acting as MLRO or Deputy MLRO
-Strong understanding of UK payments regulation (AML EMRs PSRs)
-Experience with transaction monitoring SAR reporting and KYB processes
-Strong organisational and operational leadership skills
-Ability to operate in a hands-on leadership role within a growing fintech
-Strong stakeholder management and board reporting capability
-Proven line management experience with strong people leadership skills
-A hands-on leader comfortable building and scaling functions
Desirable
-Previous FCA SMF16 approval
-Experience within merchant acquiring PayFac EMI or payment processing
-Experience supporting FCA authorisation applications
-ICA or ACAMS qualification
What Success Looks Like
-Strong financial crime and risk frameworks implemented across the business
-Effective AML controls and transaction monitoring processes
-A high-performing compliance and risk team built as the business scales
-Effective engagement with regulators and banking partners
-Risk and compliance embedded into day-to-day operations
This is an executive-level role responsible for financial crime oversight risk management and regulatory engagement with the FCA and key banking partners. CreatePays target market is low-risk SMEs.
The successful candidate will take a hands-on role in designing and implementing AML and risk frameworks while also building and leading a risk and compliance team to support the companys continued growth.
This role will operate as SMF16 under the FCA Senior Managers & Certification Regime (SMCR) and will play a key role in supporting CreatePays regulatory roadmap.
Key Responsibilities
-AML & Financial Crime Oversight
-Develop and maintain AML / CTF policies and procedures
-Conduct the firm-wide risk assessment (FWRA)
-Oversee transaction monitoring and suspicious activity investigations
-Submit Suspicious Activity Reports (SARs) to the NCA when required
-Maintain sanctions and PEP screening frameworks
-Oversee merchant onboarding AML and KYB controls
-Deliver AML and financial crime training across the organisation
Risk & Compliance Framework
-Establish and maintain the company risk register and risk assessments
-Monitor operational financial crime and regulatory risks across the platform
-Support incident management and escalation procedures
-Work with product and engineering teams to embed risk controls into payment flows and onboarding processes
-Support safeguarding oversight where applicable
-Manage third-party risk relating to acquiring banks processors and technology providers
Team Building & Leadership
-Build and lead the companys financial crime and compliance team
-Recruit and develop compliance and risk professionals as the business scales
-Establish governance and reporting structures
-Work closely with senior management across operations technology and finance
-Foster a strong compliance and risk culture across the organisation
Regulatory & Governance
-Act as the primary point of contact for financial crime matters with the FCA and key partners
-Prepare risk and compliance reporting for the Board and senior management
-Maintain regulatory documentation policies and governance materials
-Support CreatePays regulatory authorisation strategy
-Oversee compliance monitoring and internal controls
Skills & Experience
-Experience working in AML financial crime or compliance within payments or fintech
-Experience acting as MLRO or Deputy MLRO
-Strong understanding of UK payments regulation (AML EMRs PSRs)
-Experience with transaction monitoring SAR reporting and KYB processes
-Strong organisational and operational leadership skills
-Ability to operate in a hands-on leadership role within a growing fintech
-Strong stakeholder management and board reporting capability
-Proven line management experience with strong people leadership skills
-A hands-on leader comfortable building and scaling functions
Desirable
-Previous FCA SMF16 approval
-Experience within merchant acquiring PayFac EMI or payment processing
-Experience supporting FCA authorisation applications
-ICA or ACAMS qualification
What Success Looks Like
-Strong financial crime and risk frameworks implemented across the business
-Effective AML controls and transaction monitoring processes
-A high-performing compliance and risk team built as the business scales
-Effective engagement with regulators and banking partners
-Risk and compliance embedded into day-to-day operations
Benefits
Why Join CreatePay
- A rare opportunity to join one of the fastest-growing tech-enabled UK ISOs as it evolves into a value-added Payment Facilitator
- Executive leadership position
- Opportunity to define and build regulatory strategy from day one
- High-growth technology-driven fintech environment with an experienced management team
- Competitive compensation package plus equity
- Remote role with requirements to travel to Milton Keynes and London for meetings as required
Required Skills:
Sales Outbound Dialling Lead Generation B2B
Company Industry
Internet Service Providers / Retail Appliances / Electrical and Electronic Equipment
Key Skills
- Crisis Management
- Marketing
- Public Relations
- Fundraising
- Media Relations
- Constant Contact
- Strategic Planning
- Social Media Management
- Team Management
- Public Speaking
- Wordpress
- Writing Skills
