Job Description

Company Overview:

We are a well-established payment institution based in the UK, dedicated to providing our clients with efficient, convenient, and secure payment solutions. We are currently seeking an experienced Risk and Compliance Officer to join our compliance team, primarily focusing on developing risk policies, conducting risk assessments, and monitoring internal KRIs.

As a Risk and Compliance Officer, you will be responsible for advising on compliance issues and working with data and risk management teams to address risk registries relating to KRIs and KPIs, as well as preparing and submitting regulatory reports and filings, ensuring that our clients and business operations comply with relevant regulations and policies. You will collaborate closely with other departments to maintain high standards of regulatory compliance within the company.

Duties

Monitor and review regulatory developments and assess their impact on the company Advise on compliance issues and provide guidance to business units Ensure that fintech products and services comply with relevant laws and regulations Develop and implement risk policies and procedures (e.g. BWRA, geographical risk assessment and acquiring risks policies) Conduct risk assessments and compliance audits Work with data and risk management teams to address risk registries relating to KRIs and KPIs Stay informed about advancements in regulatory technologies and compliance tools Prepare and submit regulatory reports and filings Contribute to the overall compliance strategy and vision of the company

Qualifications

Bachelor's degree or above in Law, Finance, Economics, or a related field 3-5 years of demonstrable experience in the financial industry or compliance, with a focus on Risk Monitoring and Regulatory Compliance Industry recognised qualifications (e.g. CAMS/ ICA/ CISI) preferred Familiarity with UK and international AML and counter-terrorism financing regulations, as well as payment industry regulations and policies Excellent communication and coordination skills, able to work efficiently in a cross-departmental environment Strong analytical and problem-solving abilities, with independent thinking and judgment Detail-oriented, responsible, and able to execute tasks with a strong sense of teamwork Proficient in both English and Chinese, capable of reading and understanding related regulations, policies, and industry updates in both languages
Job Type: Full-time

Pay: 35,000.00-50,000.00 per year

Application question(s):

How many years of experience do you have in risk management or regulatory compliance within the financial or payment industry? Are you familiar with UK and international AML and counter-terrorism financing (CTF) regulations, as well as payment industry regulations and policies (e.g., FCA, PSD2, JMLSG, FATF)? What is your salary expectation?
Work authorisation:

United Kingdom (required)
Work Location: Hybrid remote in London EC3A 7BA