Job Description

Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We\'re the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it\'s not just what we build that makes us different. It\'s how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That\'s why we\'re on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we\'re just getting started. We\'re building diverse and inclusive teams around the world - because that\'s how we create even better experiences for our merchants and our partners. And we need your help. Join us to build the digital economy of tomorrow.



The role

We\'re looking for a Money Laundering Reporting Officer (MLRO), based in the UK as the main lead of Compliance for the UK.

The stakeholder will join a growing international team dedicated to Compliance. Reporting into the Global Head of Compliance, this role will work closely with various functional key partners (Sales, Onboarding, Transaction Monitoring, Legal, Product etc.), ensuring compliance with all applicable requirements around Financial Crime, AML/CTF and financial regulation.

The ideal candidate will be a confident individual with strong interpersonal and organisational skills. Who can demonstrate the ability to promote proactive and effective solutions and exercise good judgement when partnering with the business within a fast-paced and exciting environment.

How you\'ll make an impact

• Provide oversight and compliance advice to the UK team, ensuring risk management and mitigation policies are embraced and adequately addressed.
• Review escalations from the first line of defence, approving applications and making sure necessary CDD is performed at all times.
• Manage the UK second line Financial Crime Compliance team.
• Defining, developing, managing, refining and documenting the Financial Crime and AML Program to manage all sources of regulatory risk and provide reporting which meets the needs of our UK regulators and ensure they remain up to date with all regulatory and international standard methodologies.
• Develop country specific risk assessment highlighting control gaps.
• Develop compliance reporting as per regulatory and governance requirements and issue internal reports to Senior Management (AML/CTF internal control report, Fraud, periodic internal reports etc.).
• Act as the nominated officer, managing the UK suspicious activity reporting (SAR) process, internally and externally
• Assess high-risk clients whether at onboarding, as part of regular reviews or during trigger events, delivering well-justified recommendations and ensuring these are being monitored accordingly.
• Communicating with all necessary staff to ensure they understand their responsibilities and are trained in Checkout.com policies and procedures to identify financial crime, escalate suspicious activity by making internal reports and make external reports to the regulators and other law enforcement bodies in a timely manner.
• Serving as a liaison to the local authorities, managing filings to the local Financial Investigation Unit (FIU) and communication with the Financial Conduct Authority (FCA).
• Supporting the business and signing off, where necessary, the launch of products to ensure regulatory requirements are met, as appropriate.
• Participate in the several ad hoc Group compliance projects as needed.
• Maintain awareness of industry trends on financial crime risks, emerging threats, investigating and assessing potential risks and taking appropriate steps to mitigate it.
• Contribute to updating AML/CTF risk classifications and assessing new products/activities risk exposure.
• Partners with key stakeholders to develop and implement standards, processes, programs, and best practices related to risk management.

Qualifications

What we\'re looking for

• Minimum 6-8 years of experience within regulated companies, in senior compliance role(s) with robust knowledge on Compliance topics (KYB / KYC, AML/CFT, Sanctions etc.)
• Knowledge and experience (preferably within Payments/Fintech) in the UK.
• ACAMS/ICA certified (preferably).
• Strong analytical skills with experience in problem solving and being able to implement and deliver solutions.
• Good organisational, partner management skills and willingness to expand technical knowledge in a broad range of projects.
• Demonstrate clear sense of accountability in performing the role and a positive demeanour (can-do attitude and solution oriented mindset).
• Ability to identify inefficiencies, see the bigger picture, challenge the current status quo and define scalable and sustainable processes.
• Well organised self-starter, able to prioritise quickly and meet deadlines even under pressure.
• Strong stakeholder management and communication skills, with the ability to work independently.
• Team player with strong collaborative qualities, including some previous experience (or willingness) to build, lead and motivate a team.
• Willingness to learn continuously and keep up to date with the Payments industry and its regulatory landscape (Globally).
• Fluent English

Additional Information

Apply without meeting all requirements statement

If you don\'t meet all the requirements but think you might still be right for the role, please apply anyway. We\'re always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use.

Our clients come from all over the world - and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we\'ll empower you to unlock your potential so you can do your best work. We\'d love to hear how you think you could make a difference here with us.

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We\'ll be happy to support you.

Take a peek inside life at Checkout.com via

• Our Culture video
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