Head of Compliance & Money Laundering Reporting Officer Job at Confidential, Boston, MA

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  • Confidential
  • Boston, MA

Job Description

Head of Compliance & Money Laundering Reporting Officer

About the Company

Innovative financial services company

Industry
Financial Services

Type
Privately Held

About the Role

The Company is in search of a Head of Compliance and Money Laundering Reporting Officer (MLRO) to play a pivotal role in ensuring the integrity of its operations in the UK. The successful candidate will be responsible for fostering a strong culture of compliance, particularly in the areas of consumer protection and financial crime. This includes building and maintaining relationships with regulatory authorities, overseeing the UK Compliance team's operations, and driving the implementation of compliance controls and processes in line with regulatory and AML/CTF programs. The role demands a strategic approach to compliance, with a focus on identifying and mitigating regulatory risks, and requires the ability to communicate effectively with senior management and external stakeholders. Applicants for the Head of Compliance and MLRO position at the company should have a minimum of 8 years' experience in a complex financial services firm or related e-money/payments industry, with at least 5 years' in a people management role. The ideal candidate will have a proven track record in developing and managing a robust compliance program, as well as experience in data visualization tools. Key responsibilities include ensuring accurate and timely reporting to regulators, conducting compliance reviews, and developing AML and financial crime processes that meet both business and regulatory requirements. The role is well-suited to a professional with a strong operational background, who is adept at leading a team and is committed to the values of inclusivity and fairness in the workplace.

Travel Percent
Less than 10%

Functions

  • Finance
Confidential

Job Tags

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