Deputy Head of Regulatory Compliance

2 Days Old

About The Role: Reporting directly to the Global Head of Compliance, you’ll serve as a key senior leader in the compliance team for our regulated entity Paysend PLC. As well as Deputy Head of UK Compliance you will be delegated responsibility as MLRO having second-line oversight of our compliance and financial crime framework.
This is a critical role requiring a blend of regulatory expertise, leadership, and pragmatic problem-solving to help us stay ahead in an evolving payments landscape. You’ll collaborate closely with senior leadership, the Board, the regulators, and internal stakeholders, balancing regulatory requirements with commercial realities to drive sustainable growth.
What You'll Do (Responsibilities): Regulatory Compliance & Risk Oversight:
Lead day-to-day compliance operations across the UK business, including oversight of financial crime controls, KYC/KYB processes, transaction monitoring, and suspicious activity reporting.
Own and evolve the Compliance Monitoring Plan and Financial Crime Risk Framework in line with FCA expectations (EMRs, PSRs, SYSC, JMLSG) and industry best practice.
Act as MLRO, managing internal and external financial crime reporting, including drafting and submitting SARs.
Maintain a strong regulatory relationship with the FCA and other relevant bodies, supporting regulatory reporting and supervisory interactions.
Drive Board and Executive Committee reporting on compliance and financial crime risks, controls, and incidents.
Provide senior-level advice on emerging regulatory developments and risks affecting the payments and e-money sector.
Lead internal compliance reporting and assurance activities, working with Audit and Risk Committees.
Manage and develop a high-performing second-line compliance and financial crime team, supporting continuous learning and career growth.
Foster a strong compliance culture across the business, working with first-line functions to drive ownership of risk and controls without compromising agility.
Partner with Product, Engineering, Operations, and Legal teams to embed compliance and financial crime requirements into new products and processes.
Provide second-line oversight of first-line activities (but not direct operational management), ensuring risk ownership sits with the right teams.
5–7+ years in a senior compliance role in the UK, ideally as an MLRO, Deputy MLRO, Senior Compliance Manager, or equivalent.
~ In-depth working knowledge of EMRs, PSRs, AML/CTF obligations (MLRs 2017), JMLSG guidance, and relevant FCA handbooks.
~ Proven success designing and scaling compliance and AML frameworks in a fast-paced, high-growth environment.
~ Strong expertise in KYC (both retail and corporate / KYB)
~ Strong experience of building transaction monitoring and fraud prevention controls using proprietary and third party systems.
~ Proactive, commercially-minded, and pragmatic approach to compliance and risk management.
ICA, ACAMS, or equivalent compliance/AML qualifications.
Directly impact millions of users worldwide
Accelerate Your Career: Benefit from internal mobility, mentoring programs, and continuous learning opportunities
Thrive in a Connected, Global Organization: Collaborate with colleagues across our international hubs and more
Work in an organization guided by strong principles and values that actually help you achieve more than you thought possible
Enjoy Competitive Compensation and Benefits: Receive a competitive salary, benefits, and flexible work arrangements
#
Apply
Location:
London
Job Type:
FullTime

We found some similar jobs based on your search