Career

Director of Corporate Compliance and Risk

This role will remain open until the ideal candidate is selected, at which point the position will be closed.

OAPay Team

— 2 min read

Salary range: £70,000 – £80,000 (based on experience and qualifications)
Job position end date: Position will remain open until the role is filled
Job type: Full-time
Work authorization: Must be a UK resident
Work location: Hybrid (supporting the UK team)
Work schedule: 40 hours per week, aligned with the UK business hours
Starting date: Immediate

About The Role:

The ideal candidate will be residing within the United Kingdom (UK) and also serve as the nominated officer and will play a pivotal role in overseeing our Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) framework, ensuring full compliance with the FCA and all applicable laws and regulations. This is a Certified Function under the SMCR regime.


Key Responsibilities:

  • Act as the primary point of contact for the FCA and law enforcement agencies on all AML/CTF matters.
  • Maintain and enhance the firm's AML/CTF framework, including policies, procedures, transaction monitoring, and reporting systems.
  • Identifying potential risks across various areas, including financial, operational, and reputational, and assessing their likelihood and potential impact.
  • Submit Suspicious Activity Reports (SARs) and ensure proper record-keeping and audit trails.
  • Oversee and manage the AML risk assessment and KYC/CDD processes.
  • Monitor regulatory changes and ensure compliance across all business units.
  • Provide AML/CTF training to staff and conduct ongoing awareness initiatives
  • Report regularly to the board and senior management on compliance issues, emerging risks, and regulatory developments.
  • Lead the investigation of suspicious activity and coordinate internal escalation processes.
  • Collaborate with the Ris.k, Legal, and Compliance teams on broader regulatory and operational risks.
  • Comprehensive knowledge of US, UK and Canada regulatory requirements.

Skills Required:

  • Experience working in multi-jurisdictional compliance environments.
  • Knowledge of operational resilience and financial crime technology tools.
  • Strong background in risk management, ideally within payments, e-money, or remittance sectors.
  • Familiarity with digital onboarding and automated transaction monitoring solutions.
  • In-depth knowledge of AML/CTF laws, FCA rules (e.g., SYSC, REP-CRIM), and relevant UK and international regulations.
  • Strong leadership, communication, and stakeholder management skills.
  • Proven ability to manage complex investigations and regulatory engagements.
  • Excellent analytical, organisational, and problem-solving abilities.

Qualifications:

  • Professional qualifications such as ACAMS, ICA Diploma in AML/Compliance, or equivalent are essential.
  • Minimum of 5 years experience as an MLRO in an FCA-authorised firm with an API or EMI licence or held an AML compliance position previously in a fintech company.

Please apply by sending your CV and a cover letter to HR@oapay.co with the subject headline as “Director of Corporate Compliance and Risk”.

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