Financial Crime Compliance Manager

Mercuryo is an international company that creates a new generation of financial services for the business sector. Mercuryo is backed by a team of 200+ professionals and a high profile fintech investor. Together we create cutting-edge business payment solutions binding conventional and crypto finance. This is the future, and we already know everything about it.

Monetley, a full subsidiary of Mercuryo, authorised by the FCA to provide e-money services, and our main hub for banking related services (i.e., Acquiring, BaaS, Fiat Wallets), is now seeking a Financial Crime Compliance Manager to help us building out the second line of defence and to push our Financial Crime Compliance Program to the next level.

About the role
As Monetley’s Financial Crime Compliance Manager, you will be responsible for carrying out the vision and the mission for the team as the company continues to scale. You will work closely with key stakeholders in Financial Crime Compliance Operations, Legal, Risk, Product, Engineering, and other functional areas to ensure Monetley is compliant with all relevant regulations.

The Financial Crime Compliance Manager reports directly to Monetley’s Head of Compliance and will be supporting our financial crime efforts across all Mercuryo entities (currently in Europe, North America, and Singapore). As our Financial Crime Compliance Manager, you will have the opportunity to work on a wide range of areas in the increasingly important world of fintech payments and virtual assets and have a real
impact on the growth of the entire Mercuryo Group.

This is a purely second line compliance role with a heavy focus on policy, advisory and assurance, however, a good understanding of assessing, implementing and configuring operational systems and controls is required to make this a success.

Day to day you will:

• Advisory: Provide compliance advice to the rest of the Mercuryo & Monetley team, business units and management.

• Policies and Procedures: Construct, review, and maintain financial crime compliance policies, procedures, and processes to ensure that the systems and controls framework is adequate and up to date.

• Horizon Scanning: Implement Horizon Scanning processes and ensure stakeholders are made aware of any changes expected.

• Assurance: Conduct financial crime compliance reviews, perform compliance monitoring and surveillance to ensure that policies, procedures, and practices are being followed and adhered to.

• Reporting and Escalation: Provide regular internal management information on compliance related activities, for onward escalation, including the development of compliance governance packs.

• Operational Enhancements: Act as the point of contact for all financial crime advisory tickets and requests – ensuring you maintain a risk based and balanced approach to advising the business.

• Risk Assessment: Perform Risk Assessment activity across the Group – including enterprise risk assessments, regular jurisdictional risk assessment and regular alterations to the customer risk scoring process.

• Breach Management: Manage the escalation, root cause analysis, and remediation of financial crime compliance breaches.

• Control Testing: Implement risk-based monitoring and assurance programs on core oversight activities - such as KYC/B, transaction monitoring, screening, complaints, customer outcomes, outsourcing, financial promotions, etc.

• 2nd Line Compliance Operations: Work on compliance operations such as gifts and entertainment registration, regulatory reporting, conflicts management, EDD sign off, quality assurance, and testing.

• KYB/KYC Standards: Provide KYB and client due diligence advisory and act as an escalation point regarding Mercuryo/Monetley’s risk appetite.

• Training: Assist on the development and delivery of compliance training to the organisation.

• Business Partnerships: Be an integral part of the technology and product teams, ensuring compliance remains at the forefront of good product development and governance.

About you:

• Minimum of 4 years of relevant experience working in an e-money, payment services, crypto, consultancy or a retail banking environment.

• You’ll be hungry to step into a managerial role from an Assistant Manager (or equivalent) position.

• You’ll need to be a financial crime generalist for this role – we’d love to see that you have experience across Policy & Procedure development, Risk Assessment, Assurance, Advisory and Oversight within AML/CTF, Sanctions, Fraud and Bribery second line compliance.

• A keen eye for detail and the ability to confidently challenge the business units and advise on solutions to problems.

• Hands on experience of designing and implementing Financial Crime Compliance and Operational programs around onboarding, CDD, transaction monitoring and screening.

• The ability to build strong relationships, make impactful contributions and influence business strategy.

• Fluency in English.

What we love about you:

• Strong track record of implementation and execution of regulatory and compliance programs.

• A pragmatic way of thinking, coupled with legal, compliance or financial qualifications.

• An excellent communication style - both verbally and in writing, with the ability to adapt your approach to your audience.

• You love to write - we have a lot of documents to draft, and we place a high degree of importance on clarity and readability.

• Some ability to speak another language would be advantageous but is not necessary.

• Comfortable with solo execution - we're a small team so you'll need to be happy rolling up your sleeves.

• You enjoy working with a young team and taking the time to share your knowledge and experience.

• Capable of working to own initiative.

• You are inquisitive and confident in questioning the status quo.

• Good team player that is happy and thriving working in a start-up environment.

• You are proud of your impeccable work ethic and entrepreneurial business mindset.

We're hybrid-remote so you should be comfortable picking up new software tools for document
drafting, collaboration, and communication. Most of your colleagues will not share an office with you
on a day-to-day basis.

What is in for you:

• Flexibility-first approach to work, including:
  • Annual Leave of 28 days plus 6 extra company allowance days.
  • Hybrid/remote working tailored to your personal needs.
• Competitive salary including:
  • 5% pension contribution
  • Regular bonuses
  • Salary revisions
• Opportunity to shape the initiatives you’re working on.
• Professional individual development, innovative work area, challenging tasks.
• Diverse and friendly team.
• We are open-minded to new ideas.

Mercuryo is an equal opportunity employer and prohibits discrimination and harassment of any kind. We’re committed to providing employees with a work environment that is progressive and open-minded. Our employment philosophy is to hire the best people and empower them to do the best work of their lives. Employment decisions are based on business needs and individual merit without regard