WHO WE ARE

Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE, and Brazil!
With our extremely rare single IBAN multi-currency account, we are able to assist with a variety of different payment needs, including business payment solutions, personal payments abroad (for example buying a property), travel money, as well as the ability to offer interest on deposits. Supplementing this, we also support the global supply chain of wholesale banknotes through our Financial Institutions Group (FIG) and partnership with the US Federal Reserve Bank, to build deeper payment relationships with international banking customers.
It is through obtaining our own banking and payment licenses, the acquisition of two banking platforms and access to 16+ liquidity providers that we are able to proposition a trailblazing FinTech payment infrastructure that simplifies our customer’s diverse business needs and reduce their costs. There is no doubt that we are a major player and differentiated ourselves in a continuously evolving and competitive industry.
With 500+ employees, Moneycorp prides itself in attracting some of the world’s top talent and the people who work at Moneycorp are truly behind its continued success. As Moneycorp continues to expand into new territories, there are considerable opportunities for growth for newcomers and the learning possibilities are endless. We welcome you to be part of a team which has a passion for the business, all within a collaborative and supportive working environment that has ultimately translated to a unique exciting business. To find out more about our journey click here.

YOUR NEXT CHALLENGE

Moneycorp is seeking an AML Compliance Officer as part of our 2nd Line of Defence (2LOD) team based in Coventry, on a permanent basis.
2LOD advises the business on all regulatory obligations related to Anti-Money Laundering (AML) and financial crime. This role involves managing Moneycorp’s UK AML and sanctions compliance operations to ensure adherence to relevant laws, regulations, policies, and procedures, while also addressing emerging financial crime risks.
You will have the opportunity to assist the 2LOD team in supporting the Money Laundering Reporting Officer (MLRO) with the oversight of front and back-office controls, as well as the functional responsibilities associated with the delegated functions that the organization must demonstrate are carried out in Business as Usual (BAU) operations.
Additionally, the role will involve establishing and maintaining standards, relevant policies, procedures, and best practices for identifying, preventing, detecting, and correcting AML and sanctions risks. This will ensure the effectiveness and efficiency of the AML control environment for the UK Moneycorp entities, which include TTT Moneycorp Limited (an Authorized Payment Institution) and Moneycorp Financial Risk Management Limited (a MiFID Investment Firm).

KNOWLEDGE AND EXPERIENCE:

• Background in regulatory compliance - Essential
• Knowledge of banking, AML, regulations – Essential
• Keeps up to date with the market – Essential
• Experience in managing and/or oversight of AML, On-boarding DD and Fin Crime issues/reporting, utilising JMLSG guidance and best practice – Essential
• The incumbent will possess experience of working in a Compliance and AML environment, along with an understanding of the regulatory requirements for Anti-Money Laundering and Terrorist Financing.
• Knowledge and understanding of the UK payments and foreign exchange sector.
• Proven track record acting in part as a compliance officer.

SKILLS AND COMPETENCIES:

• The ability to work under pressure in a fast-paced environment
• Good organisational skills including prioritisation
• Clear communicator, both verbal and written
• Proficient in Microsoft Office suite of applications
• Strong communication and interpersonal skills
• Ability to work collaboratively across all business units and establish credibility quickly.
• Delivery focused with a hands on approach
• Strategic and proactive thinker ability to see the big picture.

Please refer the Job description for details