We are a London-based FCA-regulated payments FinTech is seeking an experienced Deputy Money Laundering Reporting Officer (DMLRO) to join the business on a fixed-term maternity cover. The role will support the MLRO in ensuring the firm’s compliance with UK AML/CTF regulations, financial crime frameworks, and regulatory obligations relevant to the payments sector.
This is a hands-on role suited to someone comfortable operating in a fast-paced FinTech environment with exposure to complex payment flows, PSPs, and international customers.
Key Responsibilities
-
Act as Deputy to the MLRO, supporting day-to-day AML/CTF operations
-
Assist in the oversight and maintenance of the firm’s AML, CTF, sanctions, and financial crime frameworks
-
Review and assess suspicious activity, including investigation and escalation of SARs to the MLRO
-
Support regulatory reporting and interaction with the FCA, auditors, and external stakeholders
-
Oversee customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring processes
-
Advise the business on AML and financial crime risks related to new products, payment flows, and partnerships
-
Support periodic risk assessments, including Business-Wide Risk Assessments (BWRA)
-
Assist with policy reviews, updates, and implementation aligned with regulatory change
-
Provide guidance and training to the business on AML/CTF obligations and best practice
-
Support internal audits, compliance testing, and remediation activity
Key Requirements
-
Proven experience as a DMLRO, AML Manager, or senior AML/Financial Crime professional within an FCA-regulated firm
-
Strong background in payments, e-money, PSPs, or FinTech (essential)
-
Solid working knowledge of UK AML regulations, JMLSG guidance, POCA, MLRs, and sanctions regimes
-
Experience reviewing and escalating SARs
-
Comfortable working with transaction monitoring systems and AML tooling
-
Ability to operate independently while supporting a regulated senior function (SMF)
-
Strong stakeholder management and communication skills
Desirable
-
Previous experience in a scale-up or high-growth FinTech environment
-
Exposure to cross-border payments and higher-risk jurisdictions
-
AML or financial crime qualifications (ICA, ACAMS, or similar)
What’s on Offer
-
Opportunity to step into a senior AML role within a regulated payments business
-
High-impact role with visibility across the organisation
-
Hybrid working and a collaborative FinTech culture