Compliance Manager (MLRO) - SMF17

TransferMate– a subsidiary of CluneTech – was established in 2010 when we began working with regulators around the world to secure licenses to operate as a global payment’s provider. With a global payments network covering 200+ countries and territories, TransferMate have established partnerships with some of the largest banks, fintechs and software providers in the world. The combination of our regulated network, award winning technology and strategic partnerships culminated in 2022 when the business achieved Unicorn status.

Our team is dedicated to delivering the best possible experience for our partners and their customers. We know that a happy team is one that performs at the highest level and our #OneTeam ethos encourages mutual support, respect, recognition, and rewards. In Ireland, we have been recognised as a Great Place to Work for 9 consecutive years, with 35 offices worldwide, we do business across 100+ countries on a daily basis.    

Due to continued expansion, we are looking for an experienced Compliance Manager holding SMF17 responsibility. You will oversee the TransferMate’s United Kingdom (UK) anti-money laundering (AML) framework and ensure that all regulatory and legal obligations are met, providing strategic leadership on AML compliance. This role involves reporting to the board on AML risks, managing compliance operations, and implementing effective controls. You will be a crucial part of the leadership team, ensuring that the firm is fully compliant with FCA, PSR, and other relevant regulatory requirements.

Key Responsibilities

• AML Framework Oversight: Develop, implement, and maintain a robust AML framework that aligns with the organisation’s strategic objectives and regulatory requirements.
• Policy and Procedure Management: Design, review, and enhance AML policies, procedures, and systems, ensuring they meet current regulatory standards and best practices.
• Risk Management: Identify, assess, and manage AML risks, providing regular reporting to senior management and the board, including updates on emerging risks and potential areas of concern.
• Compliance Monitoring and Testing: Develop a comprehensive compliance monitoring plan, conduct periodic AML risk assessments, and ensure adherence to regulatory expectations.
• Regulatory Reporting: Serve as the primary point of contact for AML matters with the FCA, PSR, and other regulatory bodies, handling reporting requirements and supporting audits.
•  Continuous Improvement: Drive continuous improvement in the AML program by implementing new technology and procedures that increase efficiency, accuracy, and regulatory adherence.
• Stakeholder Engagement: Work closely with other departments (e.g., legal) to integrate AML considerations into all aspects of the business.

Requirements

• Bachelor’s degree in finance, law, business, or a related field; advanced degree or certification in AML (e.g., CAMS) is preferred.
• Extensive experience in AML compliance within a regulated financial services environment, preferably in a leadership role.
• Strong understanding of FCA and PSR regulations including automatic reimbursement scheme and other applicable AML laws.
• Excellent analytical skills and attention to detail, with experience in managing complex regulatory and compliance matters.
• Strong communication skills, with the ability to effectively engage with senior leadership and regulatory bodies.
• Leadership experience with a proven ability to build and lead high-performing teams.

Benefits

• Healthcare plan

• Competitive pension
• Flex hours where you can work your 5 days across 4.5 days
• Flexible Working Policy with a combination of remote and office working
• Lifework days: ½ day each quarter to get your life work done
• 23 days annual leave + 2 CluneTech Holidays (Christmas Eve & Good Friday) plus additional days with length of service
• Paid leaves including IVF / pregnancy assistance, pregnancy loss, marriage, maternity and paternity leave
• Employee-led CSR Programme, CluneTech Cares, with one paid Volunteer Day per year
• Death in Service Benefit
• Milestone Recognition Programme
• Compassionate Leave up to 4 weeks
• Compassionate Leave for pets
• Travel benefits including Cycle to Work & Circle K Fuel Card
• Professional & Personal Development
• Rewards & Recognition
• Employee Wellbeing Programme
• 24/7 Employee Assistance Programme
• Meeting Free Days – a specific no meeting day where we encourage no meetings so you (and your team) can focus on getting things done!

TransferMate is an Equal Opportunity Employer and is committed to the principle of equal employment opportunity for all employees. We are committed to building and maintaining a culture which is free from discrimination and harassment and where all employees can bring their best selves to work.