Senior Compliance Officer / MLRO, Rapyd
Fintech-as-a-Service platform
Be an early applicant
Fintech-as-a-Service platform
501-1000 employees
Be an early applicant
501-1000 employees
Company mission
To build the world’s largest local payments network so you can focus on creating great customer experiences and unlocking new markets.
Role
Who you are
- In-depth knowledge of compliance, AML, and the payments industry, focusing on the UK EMI regulatory framework
- Strong understanding of FCA rules and requirements, including Safeguarding, Complaint Handling, Consumer Duty, and Conduct of Business
- Excellent communication skills for engaging effectively with stakeholders and customers
- Minimum of 5 years of relevant experience, ideally within the payments or FinTech sectors
- Proven expertise in managing compliance and regulatory risks
- Solid understanding of regulatory requirements and ML/TF risk management
- Successful track record of managing complex projects
- Experience in building or enhancing compliance processes
- Ability to adapt and excel in a fast-paced environment
- Flexible and creative thinker who can navigate diverse situations
- A bachelor’s degree in Law is required
- Relevant professional certifications such as CAMS are an advantage
What the job involves
- As a Senior Compliance Officer and MLRO, you will play a pivotal role in ensuring the company adheres to all relevant UK regulatory requirements
- Ensure compliance with regulatory requirements for regulated EMIs, including Safeguarding, Complaint Handling, and Conduct of Business rules and consumer Duty requirements
- Monitor adherence to FCA rules and regulatory requirements for EMIs
- Develop and maintain AML/CFT policies, procedures, templates, and manuals
- Conduct compliance reviews on clients, internal processes, and overall practices
- Support the Chief Compliance Officer (CCO) with regulatory reporting, project scoping, data extraction, and submissions
- Perform Enhanced Due Diligence (EDD) for high-risk merchants, ensuring accuracy, timeliness, and completeness
- Collaborate with internal departments to improve process efficiencies, especially in product compliance
- Provide training and updates on compliance processes to enhance operational efficiency
Salary benchmarks
Our take
Managing payments can be difficult and time-consuming for many businesses. Rapyd solves this problem by allowing companies to make and accept payments by any method, wherever they are.
The B2B payments market is home to a number of big-name players, including PayPal and Stripe. However, Rapyd has managed to launch and scale successfully within this highly competitive market, and is now valued at around $15 billion. This success is partly down to Rapyd's extensive range of services, which include fraud detection and mobile wallets.
Rapyd is set to leverage its momentum and impressive funding to expand further into markets such as the US. It's latest $610M acquisition of PayU will accelerate its expansion across emerging markets in Central and Eastern Europe.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-3% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Aug 2021
$300m
SERIES E
Jan 2021
$300m
SERIES D
Total funding: $770m
Company benefits
- Access to Rapyd Academy
- Proefessional development
- World-class offices
Company values
- We built
- We believe
Company HQ
Westminster, London, UK
Articles
Leadership
Arik Shtilman
(CEO)Previously served as Founder and Chairman of ITNAVIGATOR, which was acquired by Avaya.
Omer Priel
(GM Rapyd DNA)Previously worked as Director of Presale and Business Development at Avaya.
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