UK Compliance MLRO

Job title:

UK Compliance MLRO

Company

Kantox

Job description

The Compliance team plays a relevant role in ensuring that Kantox Ltd meets its UK regulatory obligations while maintaining industry best practices. As regulatory expectations evolve and our business integrates further within BNP Paribas, the demand for robust compliance oversight, proactive risk management, and efficient team leadership has increased significantly.To address this, we require a highly experienced Senior Compliance Manager with a strong background in leading UK MLRO functions, managing audits, liaising with the FCA, and overseeing day-to-day compliance operations. The successful candidate will operate with a high degree of autonomy and accountability, ensuring that compliance standards are upheld while supporting strategic business objectives.The ideal candidate will be:

• Highly autonomous, acting as an MLRO and ensuring regulatory obligations and supervisory expectations are met.
• An expert in UK regulatory compliance, including direct experience in reporting to the FCA, managing AML audits, and handling interactions with supervisory bodies.
• A decisive and responsible leader, capable of justifying compliance assessments, conclusions, and action plans.
• An effective team manager, skilled in leading compliance staff, coordinating regulatory projects, and mentoring junior team members.
• A strategic thinker levering regulatory compliance with business operations.

Your experience:

• Minimum 7 years of experience in senior compliance roles within a UK-regulated firm.
• Strong knowledge of UK financial regulations (FCA Handbook, AML regulations, GDPR).
• Proven track record of managing compliance teams and MLRO functions with autonomy.
• Proven track record of leading FCA engagement and regulatory reportin and experience presenting to senior management, auditors, and regulators.
• Strong experience in managing compliance teams.
• Extensive experience handling AML audits, risk assessments, and supervisory inspections.
• Experience managing cross-border compliance projects and group-wide integration processes.

What you’ll be doing:

• Regulatory Oversight & FCA Engagement
• Serve as the primary liaison with the FCA, ensuring timely and accurate regulatory filings, including SARs, MLRO reports, and risk assessments.
• Lead compliance audits (internal and external), ensuring findings are addressed effectively and action plans are implemented.
• Maintain a proactive approach to regulatory changes, ensuring Kantox remains ahead of evolving compliance expectations.
• Compliance & Risk Management
• Develop and oversee compliance frameworks, ensuring adherence to UK AML, financial crime, and data protection regulations.
• Identify, assess, and mitigate risks across business operations, with a focus on AML, sanctions screening, and fraud prevention.
• Ensure compliance with BNP Paribas Group policies while maintaining Kantox’s operational independence where appropriate.

Team Leadership & Governance

• Manage the day-to-day compliance team, training, and operational workflows.
• Ensure smooth execution of action plans stemming from external audits, GFS inspections, and regulatory reviews.
• Provide senior management with compliance updates, risk analyses, and strategic recommendations.
• Integration & Business Advisory
• Lead compliance efforts in the BNPP integration process, working across multiple workstreams.
• Provide expert advice to the business on regulatory risks, financial crime prevention, and compliance best practices.
• Serve as the point of escalation for high-priority AML and compliance matters, including regulatory breaches and enforcement actions.

Preferred qualifications:

• Professional compliance certification (e.g., ACAMS, ICA, CISI).
• Prior experience within a regulated financial institution, fintech, or payments firm.
• Experience with BNP Paribas Group compliance standards is a plus.

BenefitsWhat we offer

• Sponsored learning budget
• Private health insurance provided by Kantox
• Free Spanish, English and French lessons
• Relocation package if needed
• 31 days of annual vacations

Our culture

• An environment of innovation, accountability, and constructive feedback
• A diverse and multicultural team of over 40 different nationalities
• Grow your role and build your career with our learning and development opportunities
• A collaborative and inclusive culture of sharing and teamwork. Build connections for life
• Hybrid working and flexible hours so you can work when and where you feel best
• Some testimonials: “The culture and the people at Kantox make me want to recommend Kantox as a place to work. There is a good balance between learning and growing and support from fellow team members. I feel like the people are very welcoming and make Kantox an easy place to feel at home.”

About KantoxKantox is a leading fintech company developing sophisticated Currency Management Automation software solutions that help companies to automate their foreign exchange processes and leverage currencies for growth.We are a 170-person strong team, split between London and Barcelona. So far, we’ve raised over €30 million and became profitable in 2018. Thanks to our clients, we continue to grow at a fast pace. Clients in 75 countries have already exchanged more than USD $18 billion with us!In October 2022, BNP Paribas signed an agreement for the acquisition of Kantox. Kantox will continue to operate as an independent company, now with the experience and market power of BNP Paribas behind it. The acquisition is subject to regulatory approvals and is expected to be completed in the coming months.Our Commitment to Diversity, Equity & InclusionKantox is deeply committed to diversity, equity and inclusion both in our hiring practices and in our experiences as a Kantox employee.We’re proud to be an equal opportunity employer and encourage all applicants regardless of race, religion, or belief (if any), color, nationality, ethnic or national origin, gender, gender identity, pregnancy and maternity, sexual orientation, age, marital and civil partnership status, or disability status.

Expected salary

Location

London

Job date

Thu, 27 Feb 2025 23:57:15 GMT

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