Senior Manager - Regulatory Compliance & DMLRO
London
Compliance – Regulatory Compliance /
Full-time /
Hybrid
Nium, the Leader in Real-Time Global Payments
At Nium, we operate at the intersection of an increasingly interconnected world, where the traditional finance industry has been disrupted, and on-demand is in demand. Our payments infrastructure is leading a transformation in payments, enabling anyone, anywhere to make and receive payments instantly, regardless of the location or currency. We currently support:
-Regulatory Licenses and Authorizations in 40+ Countries, enabling seamless onboarding, rapid integration, and compliance
-190+ Pay Out Markets – 100+ in real time
-35+ Pay In Markets
-30+ Card Issuance Markets
-100+ Supported Currencies
Today, Nium is the leader in real-time global payments and the fastest way to send money across borders. We are co-headquartered in San Francisco and Singapore, with regional offices in Australia, Brazil, Hong Kong, India, Indonesia, Japan, Lithuania, London, Malaysia, Malta, Netherlands, and UAE.
Your Next Exciting Role
Nium is looking for a driven individual who is keen to work in a fast-paced and dynamic environment and is passionate about Compliance.
The Deputy MLRO will report to and play a critical role in supporting the MLRO in ensuring the effective implementation of AML/CTF policies and procedures. This role will also closely collaborate with the global Compliance team.
What would a day @Nium look like?
- Define, develop, document, oversee and refine the UK Compliance Program and related policies and procedures to manage all sources of regulatory risk and continuously seek to improve and streamline end to end compliance operational processes through automation and technology, ensuring that all processes are fit for purpose.
- Provide detailing reporting and MI which meets the needs of our UK regulators, local and Group management, ensuring accuracy and timeliness, and collaborating with other teams to obtain the required information.
- Handle complex escalations relating to onboarding, transaction monitoring and general queries from multiple teams including the Onboarding and Transaction Monitoring teams, across all Nium products.
- Oversee the UK SAR process internally and externally including the review and assessment of internal reports of potentially suspicious activity, escalating findings to the MLRO as necessary and preparing and submitting SARs in a timely manner.
- Coordinate and assist in regulatory audits including preparing documentation, responding to enquiries, and implementing remediation efforts as needed.
- Conduct risk assessments related to regulatory compliance and develop strategies to mitigate identified risks, collaborating with other departments such as risk management and internal audit.
- Provide regulatory advisory to relevant internal and external teams, such as sales and onboarding to support the client onboarding process, as well educate and drive the appropriate execution of compliance requirements with the product and technical teams relating to product updates/changes.
- Communicate with all necessary staff to ensure they understand their responsibilities and are trained in Nium policies and procedures as required.
- Lead and enhance the implementation of the Compliance Monitoring Plan across the UK business;
- Serve as a liaison to the local authorities such as the FCA and NCA, as well as other external parties such as banking partners.
- Work cross-functionally across multiple teams to ensure execution against regulatory requirements and internal policies, including collaborating with internal Compliance teams (such as Financial Crime, Compliance Operations, Risk) to identify clear steps necessary to mitigate regulatory risks and provide recommendations as clear business requirements.
- Stay up-to-date with regulatory developments and changes in the electronic money and financial services industry, and assess their impact on Nium’s business. Provide recommendations for compliance strategies accordingly.
Which Skills & Experiences will make you successful?
- A bachelor’s degree, with a relevant Master’s Degree or a professional qualification (e.g. ICA/CAMS)
- 5+ years’ experience in a senior compliance position, preferably in the Fintech sector and within organisations with cross-jurisdictional operations.
- Proven experience in dealing with regulators and third parties such as the FCA and NCA.
- Excellent grasp of the UK regulatory environment and knowledge and experience of best practice and emerging practice in the industry.
- Ability to deal with complex queries, assess risks and evaluate impacts, developing appropriate and proportionate responses.
- Ability to exercise oversight, knowledge, and understanding of financial crime and AML policies, procedures, and control arrangements in a complex business with multiple products.
- Desirable: CAMS/ICA certification.
- Excellent data mining and data manipulation skills, with a proficiency using Excel and other tools.
- Excellent communication and interpersonal skills including the ability to collaborate and engage with a variety of internal and external stakeholders at all levels, and to operate in a global virtual environment.
- Problem-solving and decision-making skills with the ability to analyse complex information to identify the core issue, appropriate action and drive resolution.
- Experience in people management, motivating others and providing coaching to develop performance.
- Strong analytical skills and attention to detail, with the ability to analyse complex data sets and identify suspicious patterns or behaviors.
- Ability to work independently, under pressure and to tight deadlines, managing competing priorities.
Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job candidates. Please review our Candidate Privacy Notice for more information.
Candidate Privacy Notice: https://www.nium.com/privacy/candidate-privacy-notice
What we offer at Nium
We Value Performance: Through competitive salaries, performance bonuses, uncapped sales commissions and robust performance reviews, we ensure that all employees are rewarded and incentivized for their hard work.
We Care for Our Employees: The wellness of Nium’ers is our #1 priority. In addition to many other benefits, we offer medical coverage, 24/7 employee assistance program, generous time off policies, and a year-end shut down. We also provide a hybrid working environment (3 days per week in the office).
We Upskill Ourselves: We are curious, always want to learn more and upskill ourselves. As well as role-specific training, we also offer a global learning stipend.
We Constantly Innovate: Nium continues to be globally recognized for its constant innovations, growth, and employee-centric mindset since our inception:
We Celebrate Together: Work is also about having fun with your colleagues and forging deep relationships. We host company-wide social events onsite and virtually, provide team morale budget and bonding activities, happy hours, team offsites, and much more!
We Thrive with Diversity: Across 33 nationalities and 18+ countries, our diverse and multicultural team embodies our commitment to a safe and welcoming environment for everyone.
What it’s like to be a Nium'er
At Nium we center our way of work around 3 core values globally:
#KeepItSimple: We cut through complexity, simplify at speed and operate with scale in mind.
#MakeItBetter: We build innovative solutions that make our customers' lives better.
#WinItTogether: We win in this competitive market by collaborating as one team.
For more information, visit www.nium.com.
